The composition of the 1967 Kennedy half dollar is noteworthy. Unlike the earlier versions of this coin released in 1964, which comprised 90% silver, and those from 1965-1969 containing 40% silver, coins minted in 1967 also contained 40% silver. This meant that these coins, although intended for circulation, possessed inherent precious metal value.
The altered composition reflects a shift in U.S. coinage policy due to rising silver prices and subsequent silver shortages. The removal of nearly all silver content from dimes and quarters, and reduction in the half dollar, aimed to stabilize the currency supply and prevent hoarding. Therefore, knowing the amount of silver within these specific coins is crucial for numismatists and precious metal investors alike.