Post your Kennedy Halves!!

Discussion in 'US Coins Forum' started by zach24, Jan 28, 2012.

  1. geekpryde

    geekpryde Husband and Father Moderator

    Well they pop up BIN at $150.00 in MS69 every now and again, so I figure $135.00 is not totally impossible, and obviously I am correct, as this one went for $136.11. If I ever get totally desperate for the coin, or have money sitting around burning a hole in my pocket, I guess I will boost it to $150.00. But for now I am content to bid and lose a few times a week, every week, until one day I am lucky.
     
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  3. 19Lyds

    19Lyds Member of the United States of Confusion

    You have no idea what the high bidder bid and I'd bet even money he bid $150+.

    Like I said, keep bidding $135.01.
     
  4. LindeDad

    LindeDad His Walker.

    If you want the king you have to step up like a few of us have.
    [​IMG]
    [​IMG]

    :smile Note to self pick up the next time were at the Credit Union and take some better images.
     
  5. LindeDad

    LindeDad His Walker.

    BTW if that a King then this is a Ace as it cost a lot more.
    [​IMG]
    [​IMG]

    PCGS MS67 OK somebody bring on the SMS 1964"s
     
  6. Lehigh96

    Lehigh96 Toning Enthusiast

    A couple of premium gem bi-centennials, one certified, one not!

    [​IMG]
    [​IMG]
     
  7. seasnake

    seasnake Junior Member

    c33001440-1-_w720.jpg Just camr today, nicer in hand as the colors really
     
    Ethan likes this.
  8. seasnake

    seasnake Junior Member

  9. 19Lyds

    19Lyds Member of the United States of Confusion

    I would except that the MS69 I bought in 2005 for $223.04 can now be purchased for $160-$190 on eBay which tells me it's losing value. I can only assume that the MS70's have done as well.
     
  10. LindeDad

    LindeDad His Walker.

    Big time since they changed the registry and Richard Green never let go of the jewels for less than list back then.
     
  11. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    Was still a smart move to get those coins. They will appreciate big time in the future....remember the 1995W Silver Eagle? Any extremely low mintage coin like the '98s JFK matte, will have its ups and downs, but will go up big time in the future. Expect fluctuations.
     
  12. geekpryde

    geekpryde Husband and Father Moderator

    Here is my newest Kennedy, been waiting for a few other coins to show up before I broke out the tripod for a proper picture. Here we go:

    2012-s silver 50c ngc obv-1.jpg 2012-s silver 50c ngc rev-1.jpg

    yes, that gross haze is really on the reverse. I dont know how a brand new coin gets hazy toning like that, and wish it wasnt there, but I still like the coin.
     
  13. 19Lyds

    19Lyds Member of the United States of Confusion

    If these were going to appreciate in price any further, based upon your mintage rarity assumptions, they would have done it by now. The deep pocket collectors either have what they want already or are simply not interested.

    Sustained collector value requires 3 things:

    1. Rarity
    2. Desireability
    3. Condition

    If all three are not present, then the coin will only go down in value.
     
  14. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    They have all three. Once again, you are making an assumption, and as usual, it is erroneous. They're comparatively rare, the prices have increased, and they're considered desirable by Kennedy collectors. Guess you aren't one--I am not surprised.
     
  15. iGradeMS70

    iGradeMS70 AKA BustHalfBrian

    Wow. Edit :rollling:

    I think you need to respect others' statements more, whether it's what you want to hear or not. What 19Lyds has done is given his honest opinion - one that many others would undoubtedly agree with - and you sit here and ridicule him for it?

    Very mature.

    And answer me this - what makes his presumptions of a coin's future value any more accurate than yours?

    -Brian
     
  16. Caleb

    Caleb Active Member

    Well I guess according to your standards, I'm not a collector of Kennedy half dollars either.:devil:

    I have to agree with 19Lyds and LindeDad that the "supply and demand" will keep the 1998-S Mattie Kennedy down in value and it will be a long time before it gains it's value back to where it was five years ago. Don't take me wrong, it is a nice looking coin and I have thirteen of them, 10 raw in the two coin sets, three graded by PCGS - one MS69 and two MS70. There are several other Kennedy half dollars I would rather own then the 1998-S Mattie.

    Caleb
     
  17. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    Caleb, I disagree respectfully. If you note the PCGS price guide as a rough guideline, the SMS coins are selling at a higher price than the average Kennedy Half. They are comparatively rare, but since the series is still being officially minted, there hasn't been as big a bounce as one tends to get with out of coinage series yet. However, most Kennedy collectors desire them in high level MS--notice the prices in high level MS as a conditional rarity:
    1965-1967 SMS coins:

    [TABLE="width: 763"]
    [TR="class: light-blue-bg"]
    [TD="bgcolor: #F1F6FA, align: left"]1965[/TD]
    [TD="bgcolor: #F1F6FA, align: center"]MS
    +[/TD]
    [TD="bgcolor: #F1F6FA, align: right"]5
    -[/TD]
    [TD="bgcolor: #F1F6FA, align: right"]▲7
    -[/TD]
    [TD="bgcolor: #F1F6FA, align: right"]8
    ▼8[/TD]
    [TD="bgcolor: #F1F6FA, align: right"]13
    24[/TD]
    [TD="bgcolor: #F1F6FA, align: right"]47
    80[/TD]
    [TD="bgcolor: #F1F6FA, align: right"]280
    650[/TD]
    [TD="bgcolor: #F1F6FA, align: right"]2,750
    -[/TD]
    [TD="bgcolor: #F1F6FA, align: right"]-
    -[/TD]
    [TD="bgcolor: #F1F6FA, align: right"]-
    -[/TD]
    [TD="bgcolor: #F1F6FA, align: right"]-
    -[/TD]
    [/TR]
    [TR="class: blue-bg"]
    [TD="bgcolor: #C9DFF2, align: left"]6709[/TD]
    [TD="bgcolor: #C9DFF2, align: left"]1966[/TD]
    [TD="bgcolor: #C9DFF2, align: center"]MS
    +[/TD]
    [TD="bgcolor: #C9DFF2, align: right"]5
    -[/TD]
    [TD="bgcolor: #C9DFF2, align: right"]▲7
    -[/TD]
    [TD="bgcolor: #C9DFF2, align: right"]8
    ▼8[/TD]
    [TD="bgcolor: #C9DFF2, align: right"]11
    ▼13[/TD]
    [TD="bgcolor: #C9DFF2, align: right"]47
    80[/TD]
    [TD="bgcolor: #C9DFF2, align: right"]275
    475[/TD]
    [TD="bgcolor: #C9DFF2, align: right"]3,150
    4,700[/TD]
    [TD="bgcolor: #C9DFF2, align: right"]10,000
    -[/TD]
    [TD="bgcolor: #C9DFF2, align: right"]-
    -[/TD]
    [TD="bgcolor: #C9DFF2, align: right"]-
    -[/TD]
    [/TR]
    [TR="class: light-blue-bg"]
    [TD="bgcolor: #F1F6FA, align: left"]6710[/TD]
    [TD="bgcolor: #F1F6FA, align: left"]1967[/TD]
    [TD="bgcolor: #F1F6FA, align: center"]MS
    +[/TD]
    [TD="bgcolor: #F1F6FA, align: right"]5
    -[/TD]
    [TD="bgcolor: #F1F6FA, align: right"]▲7
    -[/TD]
    [TD="bgcolor: #F1F6FA, align: right"]8
    ▼8[/TD]
    [TD="bgcolor: #F1F6FA, align: right"]9
    ▼11[/TD]
    [TD="bgcolor: #F1F6FA, align: right"]35
    65[/TD]
    [TD="bgcolor: #F1F6FA, align: right"]250
    440[/TD]
    [TD="bgcolor: #F1F6FA, align: right"]3,500
    -[/TD]
    [TD="bgcolor: #F1F6FA, align: right"]-
    -[/TD]
    [TD="bgcolor: #F1F6FA, align: right"]-
    -[/TD]
    [TD="bgcolor: #F1F6FA, align: right"]-[/TD]
    [/TR]
    [/TABLE]




    1998SMS:


    [TABLE="class: details-table-2, width: 891"]

    [TD="bgcolor: #F4F0E4, align: left"]1998-S 50C SMS[/TD]
    [TD="bgcolor: #F4F0E4, align: right"]150[/TD]
    [TD="bgcolor: #F4F0E4, align: right"]150[/TD]
    [TD="bgcolor: #F4F0E4, align: right"]160[/TD]
    [TD="bgcolor: #F4F0E4, align: right"]165[/TD]
    [TD="bgcolor: #F4F0E4, align: right"]165[/TD]
    [TD="bgcolor: #F4F0E4, align: right"]165[/TD]
    [TD="bgcolor: #F4F0E4, align: right"]225[/TD]
    [TD="bgcolor: #F4F0E4, align: right"]500[/TD]

    PCGS Pop Report6364656667686970
    [TD="bgcolor: #F4F0E4, align: left"]1998-S 50C SMS[/TD]
    [TD="bgcolor: #F4F0E4, align: right"]–[/TD]
    [TD="bgcolor: #F4F0E4, align: right"]1[/TD]
    [TD="bgcolor: #F4F0E4, align: right"]7[/TD]
    [TD="bgcolor: #F4F0E4, align: right"]8[/TD]
    [TD="bgcolor: #F4F0E4, align: right"]34[/TD]
    [TD="bgcolor: #F4F0E4, align: right"]207[/TD]
    [TD="bgcolor: #F4F0E4, align: right"]2046[/TD]
    [TD="bgcolor: #F4F0E4, align: right"]254[/TD]
    [/TABLE]
     
  18. Caleb

    Caleb Active Member

    Hi,

    First, the three coins listed in your chart (65 - 67) are for business strikes not SMS.

    Second, the SMS Kennedy half dollars for 1965 - 1967 are nothing like the 1998-S Mattie. I realize that PCGS tries to lump the 1965-67 SMS, 1998-S Mattie and the 2005 - 2010 Satin Finish coins all together but to me each class is different.


    The 1965 – 1967 SMS coins are neither proofs nor business strikes, just a hybrid.

    The 1998-S Mattie, right now I’m sort of agreeing with NGC and considering them as a type III proof for that year (Type I would be the clad proof for that year and the Type II would be the silver proof). The 1998-S Mattie is similar to the Mattie Proofs the US Mint produced back in the early 1900’s.

    The 2005 – 2010 satin finish coins were issued in the given years uncirculated sets. If they were SMS then the Mint would have labeled them as such and not just “Uncirculated Sets”. To me, I want both business strikes and satin finish examples in my basic set and I consider them Type I and Type II coins for these years.

    Now getting back to the 1998-S Mattie, is it under valued, probably yes. Population wise it is the “Key” coin for the basic series with a population of just over 64,000. But unless someone screwed up, the condition of all of the 1998-S Matties will me MS67 or better with probably over 1000 grading a perfect MS70 just at PCGS and NGC. A MS70 example from PCGS used to trade for around $1000 a number of years ago, now it trades for less then half. Will it ever get back to the $1000 range, maybe over time, but right now the supply of them with the limited demand is keeping the price down.

    The chart you showed of the business strike 1965 – 1967, you have to remember are low population coins in high grade. The 1966, PCGS only has graded four coins MS67 with just one better at MS68 (Conditional Rarity).

    Caleb
     
  19. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    I think we are actually in agreement. I KNOW that the 65-67 coins are business strikes, but they're specially prepared planchets as well, and were available in mint sets, so I see a similarity. I agree with you totally that the key coin is the 1998 S matte, which is technically NOT a proof but a "SP" or MS coin depending on the grading service is the true rarity in a series still being minted. The fact that so many were slabbed, and that the prices have dropped have only added to its desirability, as it is a rarity (64,000) that is affordable. My coin cost under $200, and how many folks could get a high grade legitimate rarity for that kind of money? So, I'd say BOTH the SMS Kennedys from the 60's AND the 1998S have potential as rarities, and conditional rarities in the future. Morgan dollars were not considered wildly collectible when they were minted--as a matter of fact, many hated the coin. Now, they are the "cat's meow" in terms of desirability, and dates with over 4 million minted have conditional rarities, due to the melt. I see a long term potential in the 1965-67 SMS and 1998S Matte--not a "flip" value, but a "hold, collect,and enjoy" the fact that these coins are going to be much rarer in the future, especially the low mintage 98s Matte. So, I'd say we are in basic agreement. I KNOW the pops are higher than one would like, but Kennedy Halves are just beginning to gain the esteem, especially in high condition. I correspond with a lot of Kennedy collectors, and all of them see much potential for the series in general (for high condition sets) and the SMS and Matte coins. :)
     
  20. Caleb

    Caleb Active Member

    It’s me again,

    You lost me on your second sentence. “I KNOW that the 65-67 coins are business strikes, but they're specially prepared planchets as well, and were available in mint sets, so I see a similarity.”

    The 1965 – 1970-D forty percent silver Kennedy half dollars, the US Mint made regular business strike coins and for 1965 – 1967 the Mint also made Special Mint Sets for 1965 - 1967. The two types are not interchangeable. The 1965 business strike Kennedy half dollar was not minted on a “Specially prepared planchet” like the 1965 SMS Kennedy was, the same can be said for the 1966 and 1967 half dollars.

    I just do not see the similarity you are trying to make. It is apples to oranges.

    Caleb

    Also for clarification, NGC treats the 1998-S Mattie Kennedy half dollar as a basic proof coin and requires it in their Registry as such. PCGS treats the 1998-S Mattie in their Registry only as a variety in the circulation strike set(s) and not required in the basic set(s).

    PS: I hope you are right that there is “potential for the series in general (for high condition sets)…” Not sure if my set would be considered “high condition” but it is nice to think!

     
  21. Ripley

    Ripley Senior Member

    :)
    Some of my best JFK's. (RIP)
    [​IMG][​IMG][​IMG][​IMG]
     
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