Kennedy 50c CuNi set...

Discussion in 'US Coins Forum' started by Atarian, Jul 28, 2014.

  1. Atarian

    Atarian Well-Known Member

    How many out there are buying at $9.95 each (limit 5) and who is waiting for an already graded coin? If I wanted a MS69 version of each of the two, what should I expect to pay? Should I order and submit or wait? In the past, waiting for an already graded coin has always been the best value...

    I'm not sure how the major sellers will get around the limit-of-5, but I'm sure it will happen...
     
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  3. Caleb

    Caleb Active Member

    I guess the first question will be if any MS69 will be graded. If so, the price will be based on "supply vs demand". Not sure if the Mint took any more care with these coins then they do with the modern Mint Sets.
     
  4. Atarian

    Atarian Well-Known Member

    I like the Kennedy halves (I spend them daily) but only collect the silver versions. Are the CuNi versions scarce in high MS grades, like Eisenhower dollars?
     
  5. Caleb

    Caleb Active Member

    Well if you look at PCGS for for the past three years:
    2013-P Highest graded is 6 at MS68 Price Guide $1,800
    2013-D Highest grade is 31 at MS68 Price Guide $1,150

    2012-P Highest grade is 6 at MS68 Price Guide $650
    2012-P Highest grade is 5 at MS68 Price Guide $900

    2011-P Highest grade is 4 at MS69 Price Guide $2,350
    2011-D Highest grade is 8 at MS68 Price Guide $500
     
  6. Atarian

    Atarian Well-Known Member

    Wow. Ok - so they are like Ikes. The next question is, will the mint treat these special, non-circulating halves any different than the regular 2014 halves that they apparently don't care about?
     
  7. 19Lyds

    19Lyds Member of the United States of Confusion

    5 per household.

    Got a PO Box?

    As for the price of an MS69, its best to wait and see how many actually make MS69 before jumping into the pool. No doubt, initial costs will be high but then that price will be directly related to the number available.
     
  8. Caleb

    Caleb Active Member

    Well, since 2002, the US Mint really hasn't made any circulating halves. I think 2001 was the last year the US Mint issued Kennedy half dollars through the Federal Reserve Banks, since then they have been issued in Mint Sets, Mint Rolls or Mint Bags directly to collectors or anyone that wanted to pay the premium.

    It would be nice to think the US Mint was treating this new issue with "kid's gloves" but I'm not holding my breath.
     
  9. 19Lyds

    19Lyds Member of the United States of Confusion

    Well, a lot depends upon "how" these prices were established now doesn't it?

    For example, I have an MS68 2011-D Grant Dollar that the price guide lists at $550.
    You think I could get $550 for it?

    How about my 2008-D MS68 Monroe which is price guide valued at $2,100. Would it actually sell for that?

    I think not in both cases since I've had an MS67 2008-D John Quincy Adams with a price guide value of $550 up for sale on eBay for nearly a year at $195 or B/O.
    Absolutely no offers as there simply is no interest.
     
    Last edited: Jul 29, 2014
  10. Caleb

    Caleb Active Member

    Considering that your coin has a population of over 100 for the top condition of MS67 (61 for position A and 40 for position B), it comes down to “supply vs demand”. If one was graded tomorrow at MS68, what would the price be?

    Will the Price Guide hold for the three years I listed? Overtime as more are graded, probably not. But if the Populations hold, I guess we will have to wait until someone auctions one of them off to find out if the price holds.
     
  11. green18

    green18 Unknown member Sweet on Commemorative Coins

    Auction? No ones buyin'...........
     
  12. bg35765

    bg35765 Member

    I don't see why these won't be graded mostly MS69/MS70 like the commemorative halfs.
     
  13. statequarterguy

    statequarterguy Love Pucks

    Maybe, but, the cost of this set is far below the commem halves. So, how did the mint get the cost down? Maybe lower production cost = lower quality.

    Did anyone purchase this set at a mint facility? If so, what do you think of the quality? Pics to post?
     
  14. 19Lyds

    19Lyds Member of the United States of Confusion

    The point I am making is to be careful when quoting PCGS Price Guide values since some are simply incorrect.

    Obviously, populations have a lot to do with it but that also needs to be balanced with popularity and want. I see many "registry" coins which are simply over valued according to the PCGS Price guide which on its best day, is horribly mis-managed.
     
  15. statequarterguy

    statequarterguy Love Pucks

    Looking at the mint's description of this set, it looks like they should be the same quality as coins included in mints sets, as the mint describes them as "uncirculated finishes". So, what are we talking about, top grades of 68 or 69, with average grades of 66 or 67, along with some crappy looking marked up coins?
     
  16. 19Lyds

    19Lyds Member of the United States of Confusion

    I should hopefully know in a week or so since I sprang for the Overnight delivery.
     
  17. Ed Sims

    Ed Sims Well-Known Member

    The halves going into these two coin sets are coming out of the same bins that the two roll sets and 200 coin bags are coming out of. The halves being sent in for grading are not coming out of the two coin sets because the initial cost is too much. The halves in the 200 coin bags are only seventy cents each plus the average per coin for the shipping costs.
     
  18. 19Lyds

    19Lyds Member of the United States of Confusion

    I'm thinking that you've not done your homework.

    The obverse dies for the two coin sets has the larger Kennedy Bust on it and as such, is completely different than the coins on the 200 coin bags and two roll sets.
     
  19. Ethan

    Ethan Collector of Kennedy's

    Agreed
     
  20. dwhiz

    dwhiz Collector Supporter

    just picked up 2 sets at the Philadelphia Mint (2 set limit) Kennedy 50Th Ann-tile.jpg
     
  21. statequarterguy

    statequarterguy Love Pucks

    Thanks for sharing! From the pics, they do look like uncirculated mint set quality. So, are these coins removable from the packaging, without damaging the packaging?
     
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