I have been doing some research on this one and thought I would pass it along here. This has been a neat journey..It is a long read but I have enjoyed this journey. If your a
Kennedy half fan, take a look and chime in!
I am going to call it the T2O-T1R (Accented Hair's Little Brother)
****************Part 1 *******************************So I have seen a few threads about Accented Hair Kennedy's but I ran across a Variety Type. It is not an Accented Hair yet has the same Reverse as the AH one. What I think to be the case is the AH Obverse Die was taken out of service yet the Reverse Die was continued for a while longer. I think that ANACS is the only
TPG that will slab as such.
I just bought two of them. The pictures suck but when I get them in hand I will post better ones.


I saw these and thought why not? I had not heard of them and they look kinda neat and did not break the bank..
So the journey begins.....
The Accented Hair Markers can be found here:
http://www.ipotad.com/pages/ah2.htmlAccented Hair

Normal Type

So I started looking and NGC will not label them but they have them...see
here..
1964 Kennedy "Transitional Die" NGC PF67 STAR CAMEO PRhttp://www.ebay.com/itm/SALE-1964-K...161289927581


I can not see in these pictures whether it has a straight G but I bet it does. NGC did not label it as special or not. Yet it is....
Here is another one,

http://www.ebay.com/itm/1964-KENNED...29And some others that are for sale..
http://www.ebay.com/itm/ULTRA-RARE-...312096?rt=nchttp://www.ebay.com/itm/WOW-1964-Ke...41http://www.ebay.com/itm/Scarce-1964...48http://www.ebay.com/itm/Scarce-1964...03http://www.ebay.com/itm/1964-90-Sil...08http://www.ebay.com/itm/3-Day-1964-...36Prices are all over the place but what I find interesting is the comments on some of them..
Quote:
Super low population coin! Add in the fact that it's a Trans die Rev. and that makes this coin almost impossible to find! PCGS BOOK VALUE IS $2,200
Quote:
HAS THE VERY FIRST 1964 PROOF DIE STRIKE ON THE REVERSE. THIS IS THE SAME REVERSE DIE USED TO STRIKE THE ACCENTED HAIR PROOFS. THIS COIN IS MATCHED WITH THE SECOND OBVERSE DIE USED TO STRIKE THE 1964 KENNEDY PROOFS. IT IS BELIEVED THAT THIS COMBINATION OF THE SECOND OBVERSE AND THE FIRST REVERSE DIES IS EVEN MORE SCARCE THAN THE ACCENTED HAIR KENNEDY ITSELF. THE COMBINATION OF DIES WOULD BE OBV-02, REV-01. THE ACCENTED HAIR REVERSE IS KNOWN BY THE BROKEN STAR LINE AND THE STRAIGHT G
Quote:The obverse is the normal Kennedy strike, and the reverse minted using the Accented Hair variety die. The transitional variety is becoming a coin much more in demand as time goes by, just like the Accented Hair. These are as rare as the Accented Hair variety and are therefore a "must-have", get them now coin. This is a variety for any serious collector of
Kennedy half dollars.
Quote:
The obverse is the normal Kennedy strike, and the reverse minted using the Accented Hair variety die. You can identify the Transitional by looking for what is known as "broken rays". The rays that intersect the stars below "UNUM" will appear to be broken. Also inspect the designers initials FG. The G will not have a vertical lip. It will be straight up and down.The transitional variety is becoming a coin much more in demand as time goes by, just like the Accented Hair. These are as rare as the Accented Hair variety and are therefore a must-have coin.
Quote:1964 half proof type 1 reverse transitional variety, a hybrid of obverse of standard design with reverse of accent hair type 1 reverse. cool combination variety. the reverse standout is the broken rays by stars and the straight G tip in FG designers initials. this is similar in prevalence to the accent hair.
history on this - after widowed jackie o was succesful in getting the mint director to thwart minting of the type 1 accent hair since she did not agree with the design, after only minting 1% of the total 1964 proofs of that year, the large 99% remainder were succesively minted as the standard die design - BUT some of the standard design minted shortly after the change in the beginning, received the dies from the reverse of the accent hair that were accidentally left over from the first die and used. - this created a few batches of this hybrid type variety and the mintage is unknown. speculation for the accent hair is 1% of total minted that year, but I have yet to see any solid numbers on this variety. cool history nonetheless. named transitional because it is the crossroad type between type 1 accent hair and standard design timeline. there have been similar examples in the us mint history with crossings from different designs such as the
Morgan dollars, etc. with reverse of different year, or more modern the type C quarter 1964 -d with the reverse of '65. this transitional variety is cool because it is a mix between two varieties within same exact year. rare occurence.
also for reference - anacs is the leading designator for this variety and they have only 30 recorded examples in all grades highest being 68.
It would seem that this makes sense. It is not an Accented Hair, but the Reverse Dies last longer than the Obverse. Reading in a book "Cameo Proofs 1950-1964" by Val J. Webb, they last about 20% longer.
So interpolating what that means is that this variety should be more rare than the Accented Hair one. That is of course if I am not missing anything..
Could this be a sleeper? I have heard many so no because it has not caught on. The Accented Hair has because of the history but what of it's little brother?
**************** Part II *******************Well I just added some information. This is getting better the deeper I go.
- Went through all my 64 Proofs (20).......second to last one, I found it. It is not a Cameo but it is in great shape. So I have found one of these in the wild also. I have only found one Accented Hair in the wild so that is a tie.
Found some more information on these,
Quote:James Wiles, Ph.D. has writtenThe
Kennedy half dollar Book.My second edition 1998 describes this as ODV-002, RDV-001. In other words, the normal (non-Accented Hair) proof obverse, which shows no weakness at the bottom left corner of the I in LIBERTY (that weakness, for many collectors, is the easier Pickup Point than the hair for the Accented Hair proofs). The "transitional reverse" shows a straight G (the normal die on the regular proofs has a flared G) on the designer's initials FG and straight (not broken) rays where they pass through the stars. Since PCGS doesn't certify them it would tend to dampen the value, I would guess. I have never sold one or searched for them. The Wiles guide prices it at $30 (corrected, $40 in PR66) in PR65 but that is the 1998 price.
**Deleted link**
My Cherrypicker's 4th Edition has it somewhat, its says an AH in PR65 is worth $20 and the normal variety in PR65 is $9. So 1/2 the AH. Well I am not to sure about this. I am not sure that the guide is clear on this variety.
So lets dig a bit .....
From ANACS Website (2012) Date.....
1964 PF TYPE 1 STRAIGHT G (29)
1964 PF ACCENTED HAIR FS-401 (242)
That is roughly 12% of the Accented Hair Type. Now we should interpolate some things. First, this is almost unknown compared to the AH type. As I have found there is no real demand for these that I can find. I think this is strange as they have to be uncommon and any Kennedy collector should want one.
Again gathering some information on the AH at;
http://www.ipotad.com/pages/ah2.htmlQuote:
This is because reverse die #1 was also paired with obverse die #2. These are known as the "transitional variety" and, while rather uncommon, they do exist.
and here;
http://kennedyhalfdollars.net/1964-...half-dollar/Quote:It has been estimated that 1% to 3% of the total mintage of proof 1964
Kennedy half dollars are of the accented hair variety. This would suggest a total population ranging from about 40,000 to 120,000 coins.
So if I take my random sample of 20 and I found one, then that is 5%.
I can not remember where but I think that I read that the obverse die is used for 2/3 of the time that the reverse is. I am not positive about this, so I will just use a conservative figure of 1/3 more for the Reverse Die.
(later found a quote of 20% listed above)but I will keep my original numbers as calculated)If we take the guesstimated mintage of Accented Hair Kennedy's at 100,000. That leaves about 50,000 of these theoretically.
Lets assume 25% were melted around 1980 and maybe some in 2011.
That takes us to around 37,500. This is a round number, you see how I came up with it so take it with a grain of salt.
However, if one were to find a Cameo/Deep Cameo of these, then the ballgame changes. I remember seeing somewhere that NGC and PCGS each have around 1000 of the 64 Cameo's. I can not remember the Accented Hair Cameos but I would bet that these are even more rare. Think about it, the dies were used towards the end stage, before Mrs. Kennedy made them change it. If Cameo's only make up say 15% of the total numbers, then these Type 2 Obverse - Type 1 Reverse coins should only have a population of at most 12% of the regular ones. Remember that ANACS probably has a higher percentage of these graded as they are the only ones to slab them.
I forgot I can get into NGC so lets take a look shall we?
1964 AH 7809
1964 AH CAM 1031
1964 AH DCAM 63
Lets look at PCGS
1964 AH 4075
1964 AH CAM 808
1964 AH DCAM 94
Well that is around ~15,000 Accented Hair Kennedy's that have been slabbed. I am not going to change that number even though I know some are crossovers and resubmitted coins.
Just seeing these numbers makes me think that of these Type 2 Obverse - Type 1 Reverse numbers should come out conservatively around here:
1964 T2O-T1R ~ 6500
1964 T2O-T1R CAM ~ 1000
1964 T2O-T1R DCAM ~ 85
Well there you have it, my afternoon gone but I did enjoy it. Maybe we have a Sleeper Kennedy on our hands.
*********** Part III ****************************Well I just got a surprise, a pleasant one actually. I forgot to look at my PCGS Slabs. Guess what? PR68 even....cool.



Just looked in the
Kennedy half dollar Book. I took a picture of the page. This is it, I am sure. Why do the top Tier
TPG's ignore it?

As per the description, as small percentage have the Type 1 Reverse and notice the price is $10 more for this one than the Accented Hair! (1998 prices).
I am having fun, I know many already of knew of this, but I did not. When I got back into collecting I chose to collect Kennedy's and here I am. I just found out about it and educated myself on it.
No different that when I learned of the 98S Matte, I learned about it and then went an got one raw. When at a show, I saw one PCGS MS69(older slab) for $100, I grabbed it.
Is this 1/2 Accented Hair (T2O-T1R)a big deal? Well from what I have learned, I think it could be someday. The information out there leads one to believe that the mintage is less than the AH itself, and if that is the case, then variety collectors will want one and maybe the
TPG's will take notice. I mean they have for other denominations right? The Penny folks sure would agree with that. I mean it did get a page in the Kennedy book so somebody else thought it worth noting.
Is it rare? Well the fact that I found 2 of them in my stuff means probably not, probably just uncommon but who really knows Maybe if people start looking, a better picture will emerge.
Let's take a look at that Kennedy book again, the AH variety has a URS of 19 which Mr. Wiles puts the mintage at 125,001 - 250,000. A PR67 is listed as $40 (1998). Well this variety in discussion has a URS of 17, in which Mr. Wiles puts the mintage around 32,001 - 64,000 (I was on the right track). A PR67 is listed as $50. If he deems it more valuable than the AH, then maybe he is on to something.
If they kill off the
Kennedy half (likely at some point), this might become a bigger deal.
So all this being said, and researched as best I can, I think we have a 'uncommon' variety on our hands and if you collect Kennedy's you need to check for them and note them as such.
I do believe that there are less of these than the older brother Accented Hair. I could be wrong but the existing evidence leads me to believe otherwise.
Something to ponder though, while this history of Mrs. Kennedy not liking the hair is well known and that alone is a good reason for people remembering what was special about it, but as in history at times the little brother is left out. This variety is part of that history.
What say you?