The worth of a fifty-cent piece containing silver is primarily determined by two factors: its silver content and its collectibility. Coins minted before 1965 in the United States, specifically half dollars, are composed of 90% silver. Consequently, their intrinsic monetary worth is significantly influenced by the current market price of silver. As an example, a Kennedy half dollar from 1964, being 90% silver, will have a base monetary worth dictated by its silver weight.
Understanding this underlying worth is crucial for both collectors and investors. It provides a floor value, protecting against a complete loss of investment. Historically, the silver content has provided a hedge against inflation, making these coins a potentially stable asset. Furthermore, these items represent a tangible piece of history, connecting individuals to a bygone era of coinage.