The 1998-S Kennedy Half Dollar, particularly the matte proof variant, stands out as a remarkable piece in modern numismatics.
Its unique finish, limited mintage, and historical significance have elevated its status among collectors, with some specimens commanding prices up to $1,500.
A Brief History of the Kennedy Half Dollar
Introduced in 1964, the Kennedy Half Dollar was minted to honor the late President John F. Kennedy. Over the years, various versions and finishes have been produced, but the 1998-S matte proof remains one of the most sought after by collectors.
The Unique Matte Proof Finish
Unlike the standard proof coins, which have a mirror-like finish, the 1998-S matte proof Kennedy Half Dollar features a frosted, matte appearance.
This distinctive finish was achieved through a special minting process, setting it apart from other proofs of the era.
Mintage and Rarity
The 1998-S matte proof Kennedy Half Dollar boasts a notably low mintage. While exact figures vary slightly among sources, it’s widely accepted that approximately 62,000 of these coins were produced, making it one of the rarest in the Kennedy Half Dollar series.
Current Market Value
As of January 2025, the value of the 1998-S matte proof Kennedy Half Dollar varies based on condition and market demand. While some specimens have been reported to command prices up to $1,500, typical values for coins in PR65 condition are around $156.
Comparison with Other 1998 Kennedy Half Dollars
To understand the significance of the 1998-S matte proof, it’s helpful to compare it with other Kennedy Half Dollars minted in the same year:
| Coin Type | Mintage | Approximate Value (PR65/MS63) |
|---|---|---|
| 1998-P Circulation Strike | 15,646,000 | $3 |
| 1998-D Circulation Strike | 15,064,000 | $3 |
| 1998-S Proof | 2,086,507 | $10 |
| 1998-S Silver Proof | 878,792 | $18 |
| 1998-S Matte Proof | 62,000 | $156 |
Factors Influencing Value
Several factors contribute to the high value of the 1998-S matte proof Kennedy Half Dollar:
- Low Mintage: With only around 62,000 coins produced, its scarcity drives up demand among collectors.
- Unique Finish: The matte proof finish is distinct, making it a standout piece in any collection.
- Historical Significance: As part of a special set honoring Robert F. Kennedy, it holds added sentimental value.
Collecting the 1998-S Matte Proof
For collectors interested in acquiring this coin, it’s essential to:
- Verify Authenticity: Due to its value, ensure the coin is certified by reputable grading services.
- Assess Condition: The coin’s grade significantly impacts its value; higher grades command higher prices.
- Stay Informed: Market values can fluctuate, so staying updated on current trends is crucial.
The 1998-S matte proof Kennedy Half Dollar is a true gem in the world of coin collecting. Its combination of rarity, unique finish, and historical context makes it a prized possession for numismatists.
FAQs
What makes the 1998-S matte proof Kennedy Half Dollar unique?
Its distinctive matte finish and low mintage set it apart from other Kennedy Half Dollars.
How many 1998-S matte proof Kennedy Half Dollars were minted?
Approximately 62,000 coins were produced, making it one of the rarest in the series.
What is the current value of the 1998-S matte proof Kennedy Half Dollar?
As of January 2025, coins in PR65 condition are valued around $156, with some specimens fetching up to $1,500.
