The worth of pre-1971 United States half dollars composed of 90% silver is significantly influenced by both the coin’s condition and the fluctuating price of silver. These coins, including the Kennedy half dollar (1964-1970), Franklin half dollar (1948-1963), and Walking Liberty half dollar (1916-1947), possess an intrinsic metal content that elevates their market price beyond their face value. For example, a well-preserved Walking Liberty half dollar could command a considerable premium compared to one that is heavily worn.
This metallic composition imparted a lasting significance on these coins. Their value is underpinned by the precious metal they contain, providing a hedge against inflation and economic uncertainty. These particular coins represent a tangible historical artifact, connecting collectors and investors to a specific era in American history when silver coinage was commonplace. This combination of metal content and historical importance makes them attractive to diverse groups, including precious metal investors and numismatists.