Arabella Kennedy
Caroline Bouvier Kennedy born November 27, 1957
John Fitzgerald Kennedy Jr. (known as John-John) born November 25, 1960
Patrick Bouvier Kennedy died a few days after birth
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his assassination shocked the world
November 22 1963
It means that it was struck with a filled die and may be worth a few bucks, take it to a coin dealer.
Uh, JFK is on the half dollar. He never wore a wig like that - the coin is called a Washington quarter because it shows a picture of ... George Washington. And in any case JFK wouldn't be on a 1962 coin because he was president at the time and was legally prevented from being depicted on any coin. Please see the Related Question for more information.
It means "first". When we talk about a person's initials, we are talking about the initial letters, the first letters, in his or her name, like JFK standing for John Fitzgerald Kennedy.