The Kennedy half-dollars consisted of an inner layer containing 79% copper and 21% silver. This inner layer was clad by an outer layer of 20% copper and 80% silver. Thus, rather than containing 90% silver, the Kennedy halves contained a total of 40% silver and 60% copper. The 40% silver Kennedy half-dollars were the last regularly-circulated coins from the U.S. Mint that still contained any silver.
Today, $1,000 and $500 face value bags of 40% silver Kennedy halves minted between 1965 and 1969 are convenient and easy ways to own silver. Not only are 40% silver coins legal tender that will never lose their face value, but they are also silver coins that do not have the high premiums associated with one-ounce silver bullion coins, such as the Silver American Eagle coins.
If you are looking to purchase silver in the most cost-efficient way, the 40% silver clad coins from APMEX are a great option. APMEX makes it easy to buy silver by offering competitive silver prices on all silver products.