Kennedy Half Dollar · Half Dollars

1986-P Kennedy Half Dollar

Circulation strike struck at the Philadelphia Mint · 13,107,633 made

Mintage
13,107,633
Metal
Copper core clad in 75% copper / 25% nickel
Weight
11.34 g
Diameter
30.61 mm

Original illustration. Tap to flip. Not a photograph of the actual coin.

Copper content10.40grams
Value band: Face value

Face value · Metal value · Small premium · Collector premium · Significant rarity. We use bands because prices change daily.

What is a 1986-P Kennedy Half Dollar worth?

In circulated condition it's worth face value. Only uncirculated coins with full original luster, or a recognized variety, carry a premium.

What would make yours worth more:

  • Uncirculated condition with full original luster
  • A die variety or minting error

For market prices, check recent sold results for certified coins in the same grade.

Quick answers

Is the 1986-P Kennedy Half Dollar rare?
Not by date: 13 million were struck. A sharp uncirculated coin or a known variety is what makes one special.
Is the 1986-P Kennedy Half Dollar silver?
No. It's copper core clad in 75% copper / 25% nickel. Halves dated 1964 and earlier are 90% silver. Kennedy halves from 1965 to 1970 are 40% silver.
Where is the mint mark on a 1986 Kennedy Half Dollar?
On the obverse, below Kennedy's portrait and above the date. On this coin the mark is P, for Philadelphia.
Which Philadelphia dates near 1986 are scarcer?
The 1987-P at 2,890,758, the 1982-P at 10,819,000. So the 1986-P is on the scarcer side for those years.
How many 1986-P Kennedy Half Dollar coins were made?
13,107,633.
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What to check on your 1986-P

  • Make sure the mint mark really is a P. A worn or filled mark can be misread. It's what separates your coin from the 1986-D (15 million made).
  • Proof or circulation strike? A proof has mirror-like fields and frosted design details and was sold to collectors, not released in change. The 1986-S Kennedy Half Dollar Proof (3,010,497 made) is the one to compare with.
  • A face that's fully copper colored could be a missing clad layer error. Patchy discoloration is usually damage.
  • Judge the grade under good light. Check the hair above Kennedy's ear and the center of the eagle on the reverse.

With 13 million made, the 1986-P still turns up in everyday change. Keep yours only if it looks uncirculated or shows a variety; otherwise it's worth face value.

The story of the 1986-P

Output at Philadelphia slipped to 13,107,633 in 1986, from 19 million the year before. In 1987 the figure was 2.9 million.

1986-D came to 15 million, so neither mint's 1986 coin is much scarcer than the other.

Across Philadelphia's 58 Kennedy Half Dollar issues, the hardest to find is the 2008-P with 1,700,000 made. The 1986-P is on the scarcer side of the middle. Within the 1980s it's 5th smallest of 20, between the 1988-D (12 million) and the 1982-D (13 million).

Eagle reverse and dwindling demand (1977 to 2001)

The eagle reverse returned in 1977. Halves saw little use in commerce and mintages fell into the tens of millions, then lower. The 1982 Philadelphia issue includes a variety missing Gasparro's FG initials from the reverse. In 1987 no halves were made for circulation; the 2,890,758 coins from each mint went only into uncirculated sets.

Silver proofs in 90 percent silver returned in 1992. A 1998-S matte finish silver half, 64,141 struck, was sold in a set honoring Robert F. Kennedy and is one of the scarcest modern Kennedys. Circulation strikes of this period often show bag marks from handling in large bags. Well-preserved examples of the low mintage dates, such as 1987, are worth seeking. The 1999 Philadelphia run of 8.9 million was also small.

Elsewhere in US coinage in 1986

The American Eagle bullion program began, with gold and silver coins sold by weight.

How to recognize it

Gilroy Roberts' portrait shows John F. Kennedy facing left with LIBERTY above, IN GOD WE TRUST below and the date at the bottom. The reverse, by Frank Gasparro, is based on the Presidential seal: an eagle holding arrows and an olive branch surrounded by a ring of 50 stars. The mint mark was on the reverse in 1964 and has been below Kennedy's neck since 1968.

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Mintage chart

Kennedy Half Dollar mintages, 1986-P highlightedLog scale · hover or tap a bar · 1964–2025
1M10M100M

Specifications

SeriesKennedy Half Dollar (1964–present)
Year1986
MintPhiladelphia Mint
Mint mark"P"
Strike typeCirculation strike
Mintage13,107,633
Face value50¢
CompositionCopper core clad in 75% copper / 25% nickel
Weight11.34 grams
Diameter30.61 mm
EdgeReeded
DesignerGilroy Roberts (obverse); Frank Gasparro (reverse)

Other 1986 Kennedy Half Dollar issues

CoinMintageTypeSilver
1986-P Kennedy Half Dollar13,107,633Circulation strike–
1986-D Kennedy Half Dollar15,336,145Circulation strike–
1986-S Kennedy Half Dollar Proof3,010,497Proof–
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Mintage: Kennedy half dollar mintage figures (Wikipedia, CC BY-SA 4.0), compiled from US Mint records and the Guide Book of United States Coins. How we build these pages.