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JFK returns to old look in new collectors’ coins

MICHAEL HILL
Associated Press

WEST POINT, N.Y. (AP) — President John F. Kennedy is getting his old look back on new collectors’ coins.

The slain president’s profile debuted on the half dollar 50 years ago, and the image was subtly tweaked and sharpened in the 1990s. Now the U.S. Mint is producing collectors’ coins that restore the original 1964 design, which incorporated suggestions from a grieving Jacqueline Kennedy.

Gold coins being stamped at the mint’s West Point plant this week portray JFK’s famously tousled head of hair a bit fluffier, his part is less severe and his cheeks less chiseled than on the half dollar discontinued in 2001. The throwback design being featured on the coins this year is truer to both the president’s appearance and his widow’s wishes, mint officials say.

“We felt we got away from the original,” said West Point plant manager Ellen McCullom. “This really does look a lot more like him … one of the things that struck me was even the little differences in the nose, and in the face and the lines around the eyes.”

Kennedy replaced Benjamin Franklin on the half dollar in early 1964, months after the president was assassinated on Nov. 22, 1963. Mint officials had begun discussing a Kennedy coin shortly after his death and were able to show his widow and brother Robert Kennedy trial strikes of the coin within a month after the assassination.

Jacqueline Kennedy liked what she saw, but suggested making the hair part less pronounced and adding more accents. Her suggestions helped inform the final design by mint chief sculptor Gilroy Roberts.

In the 1990s, improved technology allowed for tweaks in the design to show more detail — sort of the engraver’s version of a high-definition broadcast. Not only did JFK’s part become pronounced, but the strands of his hair became more defined, a characteristic collectors sometimes refer to as “spaghetti hair.” His cheeks became more angular, too.

The mint stopped making the Kennedy half dollar for general circulation in 2001, but it has continued on as a collectible coin.

The evolution of JFK’s profile in coinage was noticed last year by San Francisco mint employee Michael Levin, who convinced higher-ups that the original design was fuller and more lifelike. That led to the old profile making a comeback on three products from the mint this year. The coin’s “tail” side, a presidential coat of arms, is unchanged.

The gold proof coins being made at West Point with three-quarter ounces of 24-karat gold will begin going on sale Aug. 5 at the World’s Fair of Money in Rosemont, Illinois. That coin will be dated 1964-2014 and its price will be around $1,300, depending on the market price of gold.

For those with fewer spare dollars to buy coins, the mint on Thursday will begin offering for $9.95 a set of two uncirculated quality coins from its facilities in Philadelphia and Denver.

A 50th Anniversary Kennedy half dollar silver-coin collection with coins with different finishes from each of the mint’s production facilities will go on sale in the fall.

By spotlighting a popular president and the work of an engraver esteemed in the coin world, the mint is guaranteeing interest in the anniversary products, said Douglas Mudd, curator and director of the Money Museum in Colorado Springs, Colorado.

“They’re going with a win-win situation: popular engraver, very popular person, a lot of nostalgia associated with Kennedy,” Mudd said. “You don’t want to change that.”

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Don’t Settle for Student Loans to Pay for Online Education

Online college programs are becoming a more popular choice for prospective students, with one study finding that more than 6 million students enrolled in at least one online course in fall 2015. The popularity of these courses can be attributed in part to their flexibility with working adults' schedules, students' ability to progress more quickly through online programs and, oftentimes, cheaper tuition. [See 10 low-cost online bachelor's programs for out-of-state students.]Online degrees can be beneficial to many college students, but some studies have shown online learners complete their programs at lower rates than students at traditional brick-and-mortar campuses. Individuals with student loans but no degree comprise two-thirds of defaulted borrowers. Though these numbers are not encouraging, just like for traditional programs, there are ways to reduce how much you'll need to borrow for an online program to ensure you won't become one of these statistics. 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But don't forget to take advantage of local organizations and your school's financial aid office. Both may offer scholarships that you can't find with a national scholarship search. [Review these 10 sites to kick off your scholarship search.]For instance, organizations like the Elks Club, Knights of Columbus or the Rotary Club typically offer scholarships annually to local students. Just because you're going to school online doesn't mean you're ineligible. Visit your local library for scholarship listings, and ask around town. You might be surprised how many local organizations offer scholarships. While these scholarships typically aren't large, every little bit counts. Each dollar you receive in a scholarship is a dollar you don't have to borrow and pay interest on. -- Work-study: Another option for online students may be work-study awards. 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If you're not working toward a credential, Pell Grants and work-study won't be option, but you may still be able to take advantage of private scholarships -- just be sure to read the eligibility criteria carefully. [Explore what to know about financial aid in online programs.]-- Pay as you go: One of the great benefits to enrolling online is the flexible schedule, which can allow you to complete your college coursework around your responsibilities. But prospective students often overlook using their part- or full-time job earnings as an option for paying for college. Almost 80 percent of college students in 2015 worked at least part time while attending classes, according to the National Center for Education Statistics. By budgeting and thinking strategically about your college costs, you can likely reduce your dependence on student loans by paying a portion out of pocket. 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