1967 Half Dollar Value:40% Silver, No Mint Mark and SMS

How much is a 1967 Kennedy half dollar worth?

1967 regular strike and Special Mint Set examples

A silver half dollar during the coinage transition

The Kennedy half dollar debuted in 1964 with 90% silver. The following years brought a major change: regular halves dated 1965–1970 used a silver-clad composition containing 40% silver overall. That makes 1967 different from both the first-year coin and later base-metal circulation halves. Use the Kennedy silver-years table when sorting several dates.

Mint marks were deliberately omitted from 1965 through 1967 as part of the response to coin shortages and hoarding. An absent letter on this date therefore does not identify a rare omission. The Mint also supplied Special Mint Sets rather than the usual Proof sets during this period. Those two decisions explain why a collector encounters coins with the same date and no letter but different finishes.

The denomination stayed at fifty cents while the metal changed. The 1964 Kennedy value guide covers the earlier 90% silver issue; its weight, silver quantity and price chart should not be applied to a 1967 coin.

Identify the issue before assigning a grade

A coin still with its original set can provide useful context, but packaging must actually belong to that coin. For loose pieces, finish and die characteristics need assessment together. A polished circulation coin can look reflective without becoming an SMS issue.

Cameo is an additional distinction

Cameo and Deep Cameo describe contrast between frosted devices and reflective fields on qualifying special strikes. They are not automatic features of every SMS half dollar. The figures below are for the ordinary SMS designation, so an attributed Cameo coin needs a separate comparison. The photographs illustrate individual examples, not a rule that all coins of an issue must have identical color.

Some cataloged doubled-die varieties exist for this date, but vague doubling in a photograph is insufficient to attribute one. Match the precise die markers before attaching a variety premium. The appraisal guide explains what full-coin and detail photographs help an examiner.

1967 half dollar value by issue and grade

PCGS retail guide estimates in US dollars, checked October 19, 2026. These are references for genuine, problem-free coins in the stated grade, not auction results or guaranteed offers. Cleaned, damaged and incorrectly graded coins need different comparisons.

Very Fine (VF) and Extremely Fine (XF) are circulated grades. Mint State (MS) describes an unworn regular strike; SP identifies the special-strike comparison here. A shared number does not make the two issue types interchangeable. In this snapshot, SMS is not automatically the more expensive coin at every listed grade.

Calculate the silver reference separately

Multiply 0.1479 by a dated silver price per troy ounce to estimate the silver content’s metal value. For example, at a purely hypothetical $30 per ounce, the calculation is about $4.44. That example is arithmetic, not the current silver price. Dealer spreads, fees and actual collector demand can make an offer differ from metal value or a retail guide.

Before paying for grading, assess whether the coin has an exceptional feature or preservation level that justifies the expense. An ordinary worn example does not become a top-grade rarity because it contains silver. Consult the grading guide for wear and surface terminology.

The key points for a 1967 half dollar

Frequently asked questions

References