Gold Kennedy Half - Sold Out

Discussion in 'Coin Chat' started by Levi, Aug 7, 2014.

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If the Gold Kennedy Half sold out this week, how would you feel about it?

  1. I hope that happens, it would be great.

    4 vote(s)
    36.4%
  2. I hope that does not happen, the Mint stated it will be produced to demand.

    7 vote(s)
    63.6%
  1. Levi

    Levi Member

    No, not true.
    Yet my question to you is how would you feel if the Gold Kennedy Half showed up as Sold Out on the Mint website this week.

    I've already ordered the one I want for my collection, so I would be just fine with that. I would actually be glad about it since I know the mintage was 40K and not higher.
    Thanks for playing,
    Levi
     
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  3. bkozak33

    bkozak33 Collector

    I would feel angry, then sad, then horny, then hungry. In that order.
     
  4. -jeffB

    -jeffB Greshams LEO Supporter

    If they said it would be minted to demand, and then said it was sold out with no more to be minted... well, I guess I'd be figuring that I couldn't trust anything they said, and ignoring any further announcements from the Mint on this topic.
     
  5. Conder101

    Conder101 Numismatist

    First day sales were already over 56K.
     
  6. carboni7e

    carboni7e aka MonsterCoinz

    I could literally care less if they minted a billion or one or put rubies in the eyes. It's a nonsense coin that will die off just like HOF.
     
    fred13 likes this.
  7. Levi

    Levi Member

    That's perfectly reasonable. If I understand the way the Mint pitched this coin, it should be available for many months to come; no need to rush to buy now.
     
  8. Levi

    Levi Member

    I'm curious to see next weeks sales report.
    I think a lot of people that ordered this coin bought multiples - planning to make a quick profit -- and there may be significant number of coins canceled due to buyers remorse. I could be wrong on this, but I think it's possible that 16K could be canceled.
    Who's to say...
     
  9. Levi

    Levi Member

    Canadian Mint would have put sapphires in his eyes. :)
    ...and I wouldn't buy it.
     
  10. statequarterguy

    statequarterguy Love Pucks

    I'd like to see the 2nd day sales. Anyone have a link? Did they go over 75k? I see the mint is stating they will have 75k available shortly.
     
  11. Levi

    Levi Member

    I don't know, but I did make an order for one this morning and status is:
    1 unit backordered. Expected to ship on 08/05/2014.
    They haven't updated expected ship dates
     
  12. jello

    jello Not Expert★NormL®

    Sold Out :)
    This one could ?
    I have my orders all paid just waiting to sign when mail knocks for me to sign . This also limit can change with a stoke of a Pen rarely happens but could be done. If planchet can be had.
    Pen or Agreement happens ?
     
  13. statequarterguy

    statequarterguy Love Pucks

    If you think it's possible that the mint will lower the limit or not make these to demand, you may be one of those that believes silver will hit $100/oz by December.
     
  14. Levi

    Levi Member

    Mint News Blog states:
    JFK Gold Coin Sales Rise to 61,700

    Sales canceled at the Mint gift shops after today: Sold Out!
     
  15. statequarterguy

    statequarterguy Love Pucks

    Thanks. Hmm, slowed quite a bit, maybe they will end at under 100K. But, who knows if they are for sale forever.
     
  16. jello

    jello Not Expert★NormL®

    I don't buy to make money anymore 1 set is all I need.
    If they have not got planchet mint will stop have they sold Out the max yet or is the mint out of planchet ?
     
    Last edited: Aug 7, 2014
  17. Levi

    Levi Member

    Online/Call Center Sales:
    Day 1 - 54,825
    Day 2 - 4,090
    If I know the Mint, they did not factor cancellations into these sales figures. I still wonder how many of the 54K were cancelled.
     
  18. Levi

    Levi Member

    Reportedly, the Mint has 75K planchets.
    So, I guess that tells us where this is headed.
     
  19. rickmp

    rickmp Frequently flatulent.

    Sales will drop off to none quickly, but the mint will leave it up through the end of the year. I don't see total sales reaching 75K.
     
  20. jello

    jello Not Expert★NormL®

    Only if gold don't jump up. Xmas sales could help mintage numbers get to max plus planchet must hold out too.
     
  21. jello

    jello Not Expert★NormL®

    Only if gold don't jump up. Xmas sales could help mintage numbers get to max plus planchet must hold out too.
     
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