Kennedy Halves

Discussion in 'US Coins Forum' started by coinage86, Mar 27, 2007.

  1. coinage86

    coinage86 New Member

    I see some Kennedy Halves in albums on Ebay. Not complete sets. Partial sets. Whats a fair price per coin? One guy has mixed dates: 120 coins in the album, some duplicates, $170 buy it now. Another guy has 40 early dates in an album for $95!
     
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  3. Moen1305

    Moen1305 Mysticism and Tyrants

    Post a link so we can see what you are talking about. Hard to say without seeing is being sold.
     
  4. Moen1305

    Moen1305 Mysticism and Tyrants

    Never mind the link, found it. I'd pass on them. Not worth what he is asking and he doesn't seem to know that they are clad and calls them nickel. Say they are not in order in the book and one is actually painted. He describes them as "fine" and says they are from the Denver mint.

    Quote: You are bidding on 120-Kennedy coins in a new dansco album..I have two albums like this to sell. The coins are mostly uncirculated,one is a painted coin.These coins are mixed in the album,They are not in album order.The face value of these coins are $60.00 alone. All the coins look like proofs! The price is just a little over

    Like I said, I'd pass on this sale if I were you. He says they are uncirculated but I'd doubt that description too.

    Someone else might think differently though. Good luck


    http://search.ebay.com/search/searc...edy+halves+120&category0=&submitSearch=Search
     
  5. satootoko

    satootoko Retired

    • 1964 - from bullion value of ~$4.25-4.50 to >$40 in high MS grades
    • 1965-70 silver clad - from bullion value of ~ $1.89-2.00 to >$20 in high MS grades
    • 1971-1974 and 1977-present clad cu-ni - from face value of 50¢ to >$150.00 for the double die variety in high grade
    • Bicentennial 1776-1976 - from face value of 50¢ to >$7.50 for high grade proofs

    To put it another way, it depends! :D
     
  6. coinage86

    coinage86 New Member

    Now Im thinking I ought to forget about a set and just get an early date in a pcgs slab. thats the cheapest and safest way.
     
  7. Moen1305

    Moen1305 Mysticism and Tyrants

    As always, it's your choice. :)
     
  8. coinage86

    coinage86 New Member

    I just looked on ebay, and Im seeing nice high-grade slabbed 1964 kennedy proofs at LOW prices!! Then I look at the PCGS price guide, and Im seeing the kennedys are nowhere near what PCGS prices them at. The kennedys have high mintage quantities, and looks like to a discriminating collector on a budget, looks the proofs are the best choice. I just bought a slabbed ms67 proof for $23 price plus shipping. Thats nowhere near what PCGS says its worth. ....The PCGS prices guides are usually within the realistic market trends for Gold pieces; and for morgans. The PCGS price guides nowhere are near reality for the kennedy halves. unless: has the market for the kennedys taken a dive? People ask about which way coin prices will go, but i seriously think some series are more collectible than others.
     
  9. satootoko

    satootoko Retired

    Welcome to the real world of coin values. ;)

    The PCGS "price guide" is an advertising tool for PCGS, and nothing more. They take the highest prices they can find and publish them as though they were true market prices. If you check completed auctions at Heritage or any other mainstream auction house you will very rarely find a matchup with the PCGS site.

    Because of the many EBayers who don't know what they are doing, EBay completed auctions are generally either accurate or on the high side.
     
  10. coinage86

    coinage86 New Member

    another guy has a roll of 1964 loose proofs 20 proofs. buy it now $160. $8 each for 20 proofs. sounds like a reasonable deal.
     
  11. Moen1305

    Moen1305 Mysticism and Tyrants

    I'm beginning to get the impression you are buying coins for the purpose of investment. If that is the case, Kennedy Halves aren't the way to go. You might want to research some areas of coin collecting before you decide to use it as an investment avenue. It can be an expensive and bumpy road. :smile
     
  12. FHDave

    FHDave Senior Member

    As the proofs are in a "loose" roll, I would value these proofs as PF60 at the best. Coin World Values (on line price guide for CW subscribers) only goes down to PF-63 and gives a price of $8 so I'm not sure how good a value this is. Granted, most of the coins are probably not nicked up enough to grade at PF60, but you don't know this for sure.

    If you decide to go ahead, make sure the seller allows you to return the coins if you do not like what you get.
     
  13. cladking

    cladking Coin Collector

    If these sets are being assembled for the purpose of retailing them then the
    proofs will actually average a little nicer than proof sets and most collections.

    The companies which buy these rolls remove substandard coins before making
    the sets. They also will insert the coins carefully.

    Obviously it depends on the specific circumstances but as a rule of thumb it will
    be tougher to find the uncs in good shape. They are usually worse to start with
    and there is more incentive to ship poor coins since nice ones can be very difficult
    to locate.
     
  14. coinage86

    coinage86 New Member

    the guy with the 20 1964 proofs for $160 broke them out of proof sets. nicer than most, probably. but who knows what scratches he put on them. he might have took a bunch of them down a grade or two when they were broken out of the proof sets. yeah, its a gamble. It amazes me, those of you who hate slabs. Im not comfortable buying stuff thats not in the slabs. Ive said it many times on this site I like pcgs and ngc slabs. Ive said that over and over again.
     
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