The 1987-S Kennedy Half Dollar Proof is more than just another shiny coin. It’s a snapshot of a moment in American numismatic history when the U.S. Mint made a rare decision that directly impacted collectors. While it doesn’t boast high monetary value, its story and symbolism continue to draw attention.
This article breaks down everything you need to know about the 1987-S Kennedy Half Dollar Proof—from its unusual production story to its design, current market appeal, and what makes it stand out in the crowd of modern U.S. coins.
Quick Overview: 1987-S Kennedy Half Dollar Proof
| Feature | Details |
| Year | 1987 |
| Mint | San Francisco (S) |
| Mintage | 4,227,728 |
| Composition | 75% Copper, 25% Nickel |
| Weight | 11.30 g |
| Diameter | 30.61 mm |
| Edge | Reeded (150 reeds) |
| Quality | Proof |
| Obverse Designer | Gilroy Roberts |
| Reverse Designer | Frank Gasparro |
A Year Without Circulating Kennedy Halves
One of the most unusual things about 1987 is that no Kennedy Half Dollars were released into general circulation. This wasn’t a minting mistake—it was a deliberate choice. The U.S. Mint saw little demand for the denomination at the time, so they simply didn’t produce them for daily use. Instead, all half dollars struck that year were intended solely for collectors.
This means if you have a 1987-dated half dollar, it’s either a business strike from a collector set or, more commonly, the 1987-S Kennedy Half Dollar Proof. That fact alone gives this coin a unique place in American coinage.
Where the Coin Came From
The 1987-S Kennedy Half Dollar Proof was included in two official Mint products: the 1987 Proof Set and the more premium Prestige Proof Set. These sets were sold directly to the public through mail orders and Mint stores between mid-1987 and mid-1988.
The San Francisco Mint was the exclusive producer of these Proof coins, and with over 4.2 million struck, it had one of the highest Proof mintages in the Kennedy Half Dollar series—only surpassed by the Bicentennial issues of 1976. Yet despite this large number, most of these coins were never handled or circulated, preserving their beauty.
Not All That Glitters Is Gold (or Expensive)
Although the 1987-S Kennedy Half Dollar Proof looks striking with its deep cameo contrasts and polished surfaces, it’s surprisingly affordable. Even high-grade examples, such as PR70DCAM or PF70UCAM (essentially flawless), can sell for as low as $20 to $80 depending on the grading service and demand at the time.
Coins in original government packaging or graded by top services like PCGS and NGC make up most of what’s available in the market today. While it’s not rare, finding one in perfect shape with strong eye appeal still adds value to a collection.
Two Collector Highlights
- Mintmark Mystery: The 1987-S Kennedy Half Dollar Proof was the first year to feature the MMS-007 mintmark on Kennedy Proofs. It replaced the earlier thinner mintmark with a slightly thicker version, used until 1990.
- Collector Only Coin: No 1987 Kennedy halves went into regular cash use. That makes this Proof coin a must-have for anyone looking to fill the 1987 spot in their collection.
Design Elements That Tell a Story
Obverse: Kennedy’s Legacy in Profile
The front of the coin features a left-facing portrait of President John F. Kennedy, designed by Gilroy Roberts. It’s a familiar and timeless image, with the word LIBERTY arching above and the motto “IN GOD WE TRUST” split by his neckline. Below is the date, 1987, and to the right of his neck sits the all-important “S” mintmark.
The portrait is a strong symbol of national pride, created just months after Kennedy’s assassination and fast-tracked into circulation in 1964 as a tribute.
Reverse: The Presidential Seal
The reverse, crafted by Frank Gasparro, is based on the official seal of the U.S. President. A powerful eagle spreads its wings, clutching arrows and an olive branch—symbols of war and peace. A shield rests on its chest, and a cloud-like “glory” of stars and rays shines above its head. Surrounding the design are 50 stars, representing each state.
This is one of the most symbolic and detailed coin reverses in U.S. history, making the 1987-S Kennedy Half Dollar Proof even more visually appealing.
Market Activity and Grading Insights
Graded versions of this coin often surface on platforms like eBay. In early 2025, PCGS-graded PR70DCAM examples were selling for as little as $18 and up to $40. NGC PF70UCAMs were listed between $69 and $79. These prices show the balance between collectibility and affordability, making it a great entry point for newer collectors.
What makes these coins even more appealing is that many remain in untouched Mint packaging—ideal for those who prefer originality over grading slabs.
FAQs
Is the 1987-S Kennedy Half Dollar Proof rare?
Not exactly, but it’s unique. No Kennedy halves were released into circulation that year, so this Proof is the most common version collectors can find.
How much is it worth today?
Depending on condition, its value ranges from face value for circulated coins to around $80 for flawless Proof 70s.
What’s special about the mintmark?
The 1987-S coin uses the MMS-007 mintmark style, which is slightly thicker than previous versions and was new to that year.
Can this coin be found in circulation?
Rarely. While some have been spent over the years, nearly all remain in collections or original Mint sets.
Should I grade my coin?
Unless your coin looks flawless, it may not be worth grading due to the coin’s modest market value even in top condition.
Final Thought
The 1987-S Kennedy Half Dollar Proof may not make headlines for rarity or high auction results, but it’s a fascinating and affordable piece of U.S. history. Its background, beauty, and limited release into only collector sets give it a charm that appeals to both seasoned and beginner collectors. If you’re building a date set or just appreciate the stories behind coins, this is a piece you shouldn’t overlook.
Have this coin in your collection? Drop a comment below and share your story—or check out more articles to discover the hidden gems in your coin box!
