The determination of the current market value of a 1968 half dollar involves several key factors. These include the coin’s silver content, its condition (also known as its grade), and prevailing market demand. Unlike half dollars produced before 1965, those from 1968 contain only 40% silver. This silver content is a significant determinant of its intrinsic value, or melt value. For example, a well-preserved coin will typically command a higher price than one that is heavily worn or damaged.
Understanding the worth of this particular coin is beneficial for both coin collectors (numismatists) and individuals who may have inherited or discovered such coins. Knowing the factors that influence its value enables informed decisions regarding buying, selling, or simply preserving the coin. The year 1968 represents a transitional period in U.S. coinage, marking a shift away from the predominantly silver coinage of earlier years. This historical context adds an element of interest for collectors.