Why did Kennedy half dollars not circulate in 1964?

Hoarding of 1964 Kennedy halves was immense. For that reason, the coin failed to circulate well. In fact, many numismatists believe that the early hoarding of Kennedy half dollars is one main reason the denomination doesn’t circulate today. 1964 was the only year that circulating Kennedy half dollars were struck in a 90 percent silver composition.

How much is a 1964 Kennedy half dollar worth?

Responding to extreme demand for the new coin, the U.S. Mint struck hundreds of millions of 1964-dated Kennedy half dollars, with 273,304,004 made at the Philadelphia mint and 156,205,446 at the Denver mint. 3,950,762 proofs were made. Each of these coins is worth about $8 when silver prices are $20 per ounce.

How much was a 1964 D Kennedy half dollar worth in 2021?

In 2021, a 1964-D double die obverse Kennedy half-dollar sold for $129.99 on eBay. Perhaps one of the most unique errors in the 1964-D Kennedy half dollar is the quadrupled double die obverse error. PCGS has only graded one coin with this error and it sold for $1,940 in 2022.