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The design of this version was the same as the 1964 version, except for the metal composition, making the 1965 version slightly different in color. It consists of an outer layer of 80% silver and 20% copper bonded or sandwiched with an inner core of 21% silver and 79% copper for an overall composition of 40% silver and 60% copper.
Just like the 1964 version, the obverse features the stoic left profile of President John F. Kennedy, designed by Gilroy Roberts, and the reverse features a heraldic eagle with the Presidential Seal created by Frank Gasparro.
40% Clad Half Dollar coins represent a fascinating chapter in U.S. coinage history. They not only depict one of the most beloved presidents but were created out of necessity during rising silver prices and coin shortages, standing as a testament to U.S. fortitude during challenging economic circumstances.
Each 40% Clad Half Dollar contains 0.1479 ounces of silver, whereas the silver content of a 1964 Kennedy Half Dollar is 0.36169 ounces. A $1,000 face bag of clad coins contains 295 ounces of silver, whereas a $1,000 face bag of 1964 Kennedys contains 723 ounces of silver.
40% Clad Half Dollars are not nearly as popular as pre-1965 90% Kennedy Half Dollar coins, commonly called junk silver coins. This is because a bag of 40% clads takes up the same space and weighs nearly as much as a bag of 90% Kennedys. Yet, a bag of 40% clads contains only 295 ounces of silver, versus 715 for a bag of circulated 90% dimes or quarters or 718-720 for a bag of 90% Franklin half-dollars. A 1964 Kennedy Half Dollars bag retains its original silver content because it experienced little to no wear.
40% Clad Half Dollars have one advantage over 90% silver coins. They often can be purchased at a discount to spot, whereas 90% silver Kennedy Half Dollar coins have sold at premiums to their silver content for years.
CMI Gold & Silver, with extensive experience in selling 40% silver-clad Kennedy Half Dollars since 1974, provides investors with a high level of expertise and confidence. We typically have 40% silver-clad Kennedy Half Dollars available at all times. Shipments are usually made within one to two days of receiving cleared funds. When you purchase from CMI Gold & Silver, you can be confident in the authenticity and delivery of your 40% silver-clad Kennedy Half Dollars, providing you with a sense of security. We are backed by over 50 years of experience providing quality products to investors nationwide.
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