2014 Kennedy 50th anniversary announcement

I doubt it, of course I seem to be one of the few people who think that reverse proofs look hideous.

 

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Much like me who enjoys laser etching on proof coins......

 

My Kennedy clad set is now in stock and reserved cancel box gone. On it's way! TC

 

Good Deal.

 

I checked and shipped today and later I got an email stating the same thing.

 

To be honest...I don't care for the look either (I thought I was the only one). I enjoy having a couple in my collection because they are "different" and add some "variety" but as a general rule...I think they are ugly. For that reason, I own one (2011 ASE)...but I do plan on picking up a second with the Kennedy silver set.

 

Glad to see it's $1240 rather than the $1280 neighborhood I had heard it might be selling for. Not a big difference, but for a collector who normally doesn't buy gold, it makes a difference.

 

Is there any long term potential in these? Would it be worth picking one up to squirrel away for 5-10 years?

 

Considering there is no mintage limit and they will sell all of them they can, most everyone who wants one will have it.

 

Honestly, without a mintage limit I think a ton of these will be minted...so I doubt they will have much long term value.

 

I was just thinking of the 2009 UHR and where it is 5 years later. They minted a bunch of those but it was a good 5 year investment. I don't expect that here but I was curious for your thoughts. Thanks.

 

They did mint a lot of them...but I do think that was a very special case. As a general rule...no mintage limit means no big value in the long run. Could this be the same way...yes, but the odds aren't in it's favor.

Personally, I think it's a wonderful looking coin and I really would love to get one...but it's beyond my price limit right now. I will have to wait a few years.

 

Didn't the Jackie Robinson also have no mintage limits? How is the uncirculated gold doing, below issue price yet?

 

Depends, no limits and low demand may be a winner later. But, no limits and huge demand, may not be a winner.

 

yes, but no one bought them

 

Long term? No

Very very short term? Possibly a profit.

 

Yes but...nobody bought them so their mintage figures are very low.

I also said that occasionally there are very special cases that don't conform to the general trend. IMHO, a wise investment is to look at the overwhelming history of non-limit mint products and see how they performed. The couple "unique" examples (such as the Jackie Robinson gold) are just that...unique. Like I also said, this might be one of those issues...but there is no way to predict that and the odds don't favor it.

Frankly, due to the recent price surge of the HOF coins I think a lot of people who don't know any better will try and buy a bunch of these hoping for big returns. On top of that, the design is quite popular and a lot of people love JFK. So, I expect a TON of these to sell...which means they will likely not be worth much premium down the road.

 

I sold my UHR at FUN this past January. I was very pleased with what I received for it.........

 

from their facebook. "the United States Mint is reducing the over-the-counter purchase limit to one unit per customer."