1. Material Value: The intrinsic value of the 14-k gold used to create the miniature half dollar contributes to its worth. At the time of this response (February 2023), the spot price of gold is approximately $1,930 per troy ounce. Each miniature half dollar contains approximately 0.05 troy ounces of gold, which translates to around $96.5 in gold content.
2. Collectibility: Commemorative coins and miniatures often have added value due to their rarity and collectibility. The 20th anniversary tribute solid 14-k gold JFK miniature falls into this category, as it was issued to commemorate the 20th anniversary of President John F. Kennedy's assassination. The limited number produced and the commemorative nature of the piece can increase its value among collectors.
3. Condition: The condition of the miniature is crucial for determining its worth. A well-preserved miniature, free from significant scratches, wear, or damage, will command a higher value.
Based on these factors, the estimated value of a 20th anniversary tribute solid 14-k gold JFK half dollar miniature 1917-1963 can range from approximately $150 to $250. However, it's essential to note that the actual market value can fluctuate based on various conditions, such as competition and economic trends, so the values mentioned here may vary over time. It is always advisable to consult with coin experts or professional numismatists for the most accurate appraisal of the miniature.