The 1967 Kennedy Half Dollar is a notable coin primarily because it was minted during the transition period when the U.S. Mint reduced the silver content from 90% to 40%. This coin contains 40% silver, making it attractive to both collectors and investors seeking value from its metal content. Unlike earlier Kennedy halves, the 1967 issues bear no mint mark due to the Mint’s policy at the time to deter hoarding.

Album crescent toning on a 1967 Kennedy Half Dollar results from the natural chemical interaction between the silver in the coin and sulfur compounds in old coin albums. This toning appears as a crescent-shaped, rainbow-like coloration that enhances the coin’s aesthetic appeal. Collectors prize these coins for their unique visual characteristics, especially if the toning is vibrant and well-distributed without blemishing the underlying design or detail.

The coin’s value is influenced by several factors, including its grade, toning quality, and whether it is a regular business strike or a Special Mint Set (SMS) version, the latter of which has superior surface finish and sharper details. Mint State (MS) coins with album crescent toning typically command premiums over standard examples due to their eye appeal and scarcity in higher grades.

In terms of market worth, circulated 1967 Kennedy halves usually sell for a few dollars above silver melt value. However, Mint State specimens with attractive album toning can fetch prices ranging from $20 up to several hundred dollars, depending on toning intensity, color vibrancy, and certification. SMS specimens in exceptional condition with cameo contrast can command even higher prices.

Overall, the 1967 Kennedy Half Dollar with album crescent toning is a desirable collectible for those interested in both numismatic history and natural toning beauty. Its blend of silver content, historical significance, and unique patina makes it an appealing addition to both beginner and advanced coin collections.