"Redeeming" them would mean taking them to a bank that would only offer you 50¢, not a very good move. With the current (2011) high price of silver, a common-date silver half dollar would be worth around $10-$11 just for its metal content.
There are a lot of "we buy gold and precious metals" places that have sprung up, but they may not offer the best deal. You might also check with some coin dealers and jewellers to see if they would offer more. Expect to get a wholesale offer of about 65 to 75% of the actual melt value.
However you should both go through them yourself and have someone who knows a bit about coins go through them first. That would do a couple of things:
- sort out the 40% silver ones minted from 1965 to 1970; these aren't worth as much as the 90% silver ones from 1964 and earlier
- find out if there are any older ones that are worth more to a collector
All US 1941 Walking Liberty half dollars are 90% silver.
1964 and before, dimes were made out of 90 percent silver. The same went for quarters and half dollars. And then the us mint made half dollars from 1965-1969 40 percent silver.
40 percent silver coins are Kennedy Half dollars minted from 1965 through 1969. 1964 half dollars were 90% silver and coins dated 1971 and after have no silver. The 1970 half dollar was available only in mint sets
U.S. dimes, quarters, and half dollars dated 1964 or earlier contain 90% silver. Then half dollars 1965-1970 are 40% silver. After that, no circulating coinage contains any silver.
1964 was the only year for a 90% silver Kennedy, 1965 to 1970 are 40% silver.
Never. However, dimes, quarters, half dollars, and dollars minted before 1965 were made of 90% silver with 10% copper.
For dimes and quarters, it's 0%. For half dollars, it's 40%.
Yes. The composition was changed to 40% silver in 1965 and to copper-nickel clad in 1971.
All 90% silver half dollars are about $10.00 just for the silver.
No; there were no silver half dollars produced between 1971 and 1991.
All US half dollars dated 1964 and prior are 90% silver (worth about $11 in scrap silver) All US half dollars dated 1965-1970 are 40% silver (worth about $5 in scrap silver) All US half dollars dated 1971-present that are circulating contain no silver and are only worth 50 cents. (The US does strike commemorative half dollars and proof silver half dollars for collectors but these are almost always found in mint packaging, not as a loose half dollar).
The silver melt value of 820 US half dollars is $10,113.74. The silver melt value of 820 1965-70 US half dollars is only $4,135.40.