Kennedy Gold Halves Issued straight from the horse's mouth

Discussion in 'US Coins Forum' started by Onofrio Bacigalupo, Apr 25, 2016.

  1. Onofrio Bacigalupo

    Onofrio Bacigalupo Well-Known Member

    According to the Numismatic Products: Cumulative Sales Report dated September 27, 2015, 73,772 2014 Kennedy Anniversary Gold Coins (item # K15) are identified as having been sold. Please be advised that this is the last representation in the report for this item and indicates the final production figure as any coins remaining when this item was taken out of availability would have been recycled.
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. Treashunt

    Treashunt The Other Frank

    73,772 and I have exactly


    NONE!
     
  4. green18

    green18 Unknown member Sweet on Commemorative Coins

    I have exactly none too.........
     
  5. Jwt708

    Jwt708 Well-Known Member

  6. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    I'll bet there are more than 73,772 who don't have them!

    Question for @Onofrio Bacigalupo

    Is this due to a TPG or dealer scam that is controlling the market?

    Chris
     
  7. longarm

    longarm Well-Known Member

  8. bdunnse

    bdunnse Who dat?

    That's 73,772 more Coins of the Century than we had in 2013.
     
    dwhiz likes this.
  9. dwhiz

    dwhiz Collector Supporter

    add me to the none list
     
  10. Key70

    Key70 New Member

  11. Cascade

    Cascade CAC Grader, Founding Member

    I see everyone's none and raise with who cares/ed
     
    imrich likes this.
  12. C-B-D

    C-B-D Well-Known Member

  13. Victor

    Victor Coin Collector

    I don't have any and don't want any.
     
    imrich likes this.
  14. longarm

    longarm Well-Known Member

    The JFK coin is a one of a kind because it is the only 3/4 gold coin ever minted by the us mint and it was faithfully reproduced according to the '64 JFK half. I don't buy much gold but anytime I get a chance at one of these anywhere close to spot I'm buying.
     
    Onofrio Bacigalupo likes this.
  15. onecenter

    onecenter Member

    I thought about buying one but never did so. Money was tight at the time and I could live with the coin.
     
  16. longarm

    longarm Well-Known Member

  17. Dancing Fire

    Dancing Fire Junior Member

  18. Onofrio Bacigalupo

    Onofrio Bacigalupo Well-Known Member

    No, it's from the US Mint.
     
  19. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    I figured that since you have such a dim view of the grading services and dealers as a whole you decided to add the Mint to your list.

    So, what is your point?

    Chris
     
  20. Onofrio Bacigalupo

    Onofrio Bacigalupo Well-Known Member

    My point is that a lot of posters stated that the US Mint would coin the Gold Kennedy half dollars to demand. If you look at the mintage figures for other half dollars (silver or clad) or any other gold coins issued by the US Mint, the Kennedy Gold Half has a huge growth in value potential. Of course, I don't include the 1933 double eagle, which through contrivance, connivance, and corruption limited production to only 22. The connivance and contrivance were FDR's, the corruption was Israel Switt's, a Philadelphia jeweler and George McCann's, a US Mint Employee.
     
  21. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    There are a lot of people who don't agree with you about the 1933 Double Eagle, and if you had any understanding about the procedures at the Cashier's Cage at the Mint at that time, maybe you would think differently. You also have to bear in mind that international politics played a BIG role in the final decision to allow the sale of the Farouk specimen while denying the authenticity of all others.

    The gold Kennedy is another story altogether. Suppose you were one of the collectors who didn't get one of these commems because they sold out to buyers who were hiring other people to order more than the limit allowed? Do you think it would be fair? On the other hand, would you feel the same way if you were one of the buyers who was able to get 5-10 times the limit using these same underhanded tactics? I doubt it!

    Personally, I think the Mint should continue striking them as long as the demand exists, and let the market determine the TRUE value of them. However, the Mint won't do this because then they couldn't charge their outrageous prices.

    Chris
     
    Nathan401 likes this.
Draft saved Draft deleted

Share This Page