Blind Eagle and Almost no E PLURIBUS UNUM - Is it worth anything more than the price of Silver?

Bought a bunch of 1964 P&D Mint Sets cheap and was looking through the coins for the usual Full Torch (FT) Dimes or Jefferson Nickels with actual steps. I always find a few worth submitting to NGC to make my money back. Anyway I was looking through the Kennedy Half Dollars and found a very odd looking Philadelphia minted coin.

This 1964 (P) Kennedy Half Dollar looks awful, but it is still in the Mint packaging. The face on the Eagle is gone as is some of the upper part of the shield. Nearly all of the E PLURIBUS UNUM and a few feathers on the right wing are also gone. There is also damage to the ear and hair of Kennedy. Is this just quality control gone bad or is there something more here? I just don't know enough about error coins to know if this is worth something or just the melt value of 900 Silver.

Hopefully someone out there knows more about these sort of errors. It looks like part of the die was damaged that made this strike.

To see old comments for this Journal entry, click here. New comments can be added below.