The worth of a 1966 half greenback is primarily decided by its composition and present market demand. Whereas these cash are sometimes referred to in discussions about silver coinage, it’s essential to grasp that half {dollars} minted in 1966 are not composed of silver. The Coinage Act of 1965 eradicated silver from circulating dimes and quarters, and decreased the silver content material of half {dollars} to 40%. Subsequently, a 1966 half greenback accommodates 40% silver, in contrast to pre-1965 half {dollars} which contained 90% silver. The inherent worth of silver is a major issue within the coin’s total value.
Understanding the price of this coin requires contemplating each its intrinsic metallic content material and numismatic worth. Its silver content material provides it a base worth tied on to the fluctuating value of silver. Moreover, the coin’s situation, or grade, performs a pivotal function. A well-preserved instance with minimal put on and robust particulars will typically command a better value than a closely worn coin. Numismatists and collectors typically search out particular mint marks or varieties, additional impacting the potential price. The historic context of the coin, marking a transition in U.S. coinage composition, additionally provides to its curiosity for some.
