1967 Kennedy half realizes $12,600

I agree. Most of them for this condition were never even minted to that level. Are there more out there maybe, but the ones that think its so easy would have been sending them in left and right for that kind of profit if it was.

One thing people forget about these is that say 500 were minted to this level (completely hypothetical number to make a point) which is probably an overstatement for sure. But so many people just think they're common nothing, whatever the number of the ones that actually were that good the modern bias for how they're treated lowers the number significantly every time.

There is an aspect of luck that the right coin ends up with the right person to appreciate it or know what they are seeing for top pop moderns to get graded. There are people spending a lot of time looking, but most wouldn't realize it and those coins get handled in a way or lost lowering the number

 

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I got 10 sets from the mint never been opened gee wonder if they are worth that much

 

I think that moderns are all to often frowned upon. Contemporary coins have been stored away, And rarely do the true heirlooms of collections show up at auction. When they do, they are usually passed to the next behind closed doors. Raw of course.

 

why?
for that money you could buy a real coin.
Like a nice 1794 Bust $1/2

 

That would look pretty stupid between the '66 and '68-D!

 

yeah, agreed, never mind.

 

J&J Coins (Hammond, IN) had a fantastic '67 set with a heavily frosted half sitting in the case for years and years at a price above market value back in the early-'70's.

I wish I had bought it.

I didn't start collecting clad until 1972 and it was later that I got interested in the SMS's. At first I considered them proofs and I didn't collect any proofs until the '80's.

 

Paid a lot less than $12,600 for mine

 

I'd sure hope so, yours is in no way comparable to the OP coin.

So what exactly was your point, that inferior coins are cheaper?

 

I don't agree. The coin he showed may very well be "inferior", but thousands of dollars inferior?

Come on now, we are talking minute detail deciding between four figures and five.

Typically, when I grade a coin, I grade from my naked eye first, then apply magnification. The minute differences between his coin and the OP are just that. Minute. Are those minute differences worth $$$$$ more?

How much of a difference can you see upon first impression, with your naked eye? Does the detail you can see under a loupe merit the extra $$$$????

Friendly debate here.

 

Great attitude! You must be such a joy to be around.

This guy gets it.

 

Yes. A 66 CAM was being compared to the 69 DCAM. A 1967 66 CAM is a completely average coin, PCGS has graded 1k of those with 700 graded higher. PCGS has only graded 254 DCAM in all grades so that is already a massive difference. The highest graded one at PCGS is a 68, so even if you say the NGC 69DCAM should really be a 68DCAM you're talking multiple grades and a higher designation, or in other terms one of the finest ever for the date against a run of the mill average example.

It would be like saying hamburger is cheaper than prime rib so why not just buy hamburger everytime

 

You're still not getting it lol

 

I'd go $10 for that coin.

 

So the PCGS database says it is rare. Whoopdie doo.

What he’s saying is at a distance of 6 inches from your face, is there an appreciable difference that is worth $12000?

And yes, I find hamburgers tastier than prime ribs.

 

No I fully understand it. A common 66 CAM is no where near the quality of a 69 DCAM or even a 68 DCAM. Just because you can't see the difference doesn't mean other people can't or that the major quality difference isn't there

 

Personally, and this is my opinion, the idea that that small of a difference in quality would merit that large of a price difference, is absurd. Both are Proof Coins. Both display full details. Both display full luster. I mean really, we are talking two points. No baseball, a more accurate analogy would be the difference between buying a $150 jar of caviar and a $700 jar. Or a $500 bottle of whiskey compared to a $2K bottle of whiskey. Or again, a $50 Cigar compared to a $100+ cigar. The minute difference in quality meriting that large of a jump in price is just laughable. This is completely manufactured rarity. The coin that sold for $12K is not inherently rare. Okayyyy, sure. It's a little nicer. "PCGS has only seen two this nice!!" Okayyyy how in the blazes am I seeing a $10K difference here? How many of them were minted again? And how many exist in PF65 (Gem) and up?? This not the difference between a 4 and 58, it's two points!

 

No because the 66 CAM wouldn't be a $500 dollar bottle of whiskey, it would be a $25 dollar completely run of the mill average bottle because that's exactly what that grade is for that date.

The CAM DCAM differential alone is a significant difference so are the grades and in this case is it actually 3 points not two unless you just assume it's a point to high by NGC which is fair enough. But again either way you are talking about one of the finest known for the date easily the elite 1 percent if not more like the .01 percent of quality for that date compared to completely average quality.

What's really just happening here is a modern bias. It's just a 67 Kennedy so its common ect ect, the top of the grade is not at all. Unless you guys want to start arguing that a 66 CAM Morgan is just as good as a 69 DCAM Morgan than all that is happening here is modern bias.

There's a big quality difference between the 69 DCAM and the 66 CAM that was posted above weeks after the thread has gone quiet for some reason

 

I don't necessarily disagree but you obviously haven't looked at very many '67 SMS half dollars. About 96% of them aren't cameo at all and only about one half of one percent are strong enough to get the designation. Of these most will have marking because they weren't handled as carefully as proof coins.

I prefer expensive things but the price difference is rarely worth the cost to me. I tend to prefer to buy coins below the grade where the price jumps, but to each his own.

 

But they are both PROOFS.... Gem proofs to boot. Aren't proofs supposed to be ridiculously high quality in the first place?