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Authorized by the Federal Act of April 2, 1792, the half dollar denomination was not minted until 1794. Ms. Liberty appeared with flowing hair in 1794 and 1795, with a bow in her long hair from 1796 through 1807, and with a cap inscribed LIBERTY from 1807 through 1839. The denomination “50C” didn’t appear until 1807, on the reverse. The design was changed to Liberty Seated from 1839 through 1891. The Liberty Head (usually called the “Barber” type after the designer Charles Barber) design was launched in 1892, and was used through 1915, after which it was replaced by the Walking Liberty type, minted through 1947. Benjamin Franklin half dollars were minted from 1948 through1963, when he was replaced by the recently assassinated President John F. Kennedy. Kennedy half dollars have been minted from 1964 to date.