What do you Kennedy collectors think about these? I feel like with this looming 50 Year Anniversary Kennedy Set the mint keeps hinting at, that these early varieties are going to skyrocket in price. I have a graded one from NGC that designates it specifically as an "Accent Hair" PF68 that I picked up solely as a flip. If I sold it today, I would get roughly 10x what I paid for it. I am kicking myself for not buying all 3 the guy had back then. I am thinking when the mint releases this 50 year anniversary set, it is going to continue this upward trend. Thoughts?
The Kennedy Anniversary Set will probably affect the other coins in this series, the same way the ASE 25th Anniversary Set affected the other ASE's in the series.
Where did you get that information? I guess the fact that silver was nearing an all-time high had absolutely nothing to do with the price increases of these BULLION coins. Chris
If you are buying common date and graded Kennedy half dollars to flip, I hope you are not using your lunch money because you may go hungry. And before you ask; YES, a 1964 "accented hair" Kennedy in NGC 68 plastic is equal to a PCGS PR67 and is a common grade for that coin, nothing special. Consider yourself luck that you didn’t waste your money buying the other two. And to your speculation that value will increase with the Kennedy series because of the 50th anniversary, the increase or decease in the value of silver will have more impact then any 50th anniversary issue.
I'd like to own a '64 Kennedy Accented Hair in PF68 Cam or UCam; however, for the price, I'd rather have a nice Walker, or Indian quarter eagle.
Probably, but I doubt there will be any increase for that specific reason. But the Kennedy half has been known to show marked increases in value for no apparent reason at all. For example, between 1998 and 2001 the Kennedy half had an across the board (all dates, all grades) increase of about 300%. This was documented in articles published in Coin World. Nobody knew why it happened, just that it did. And no, other coins did not show such increases. History shows us that increase was the precursor of the bull market that was yet to come.
I agree Caleb. I think that there "might" be some interest generated but any price increases will be short lived as the coins have been fairly stable over the past 10 years or so. The value of silver, if anything, actually controls the pricing on the 64-70 coins and grade condition dictates the price on the rest. All are fairly stable so be very careful getting caught up in a sudden wave of popularity as you might just regret it. As for the new Anniversary set, I realy hope they do something special since having just a .999 Gold Kennedy with the same old design is kind of anti-climatic.
I guess you just missed the part about how I basically stole this thing versus the price it is selling for on eBay. And your comparison of NGC and PCGS with the 1point difference in equality, unfortunately, realised prices on ebay disagree with you. No offense meant here, but i was hoping more for fact based speculation. I mean, i paid "x" for it and they are selling for "y", and y is 10x bigger than x. And I only bought one. And a 68 is not common my man, have you even read the articles on this variety....an NGC PF69 is selling for $22k.
I got mine for a nice price, but only since it is not attributed on the holder. Something I will fix in the next 6 months. (no, not with a permanent marker)
I've been working to complete my PF 69 set of Kennedys and I can say that at least on eBay, prices have been going up for several months now. I only collect NGC slabs and even just looking at their pricing numbers, you can see a big increase in prices around October of last year.
I’m not sure how many NGC higher grade Kennedy half dollars you have seen, how many of the same in PCGS holders and how many NGC holders you have tried to cross over to PCGS but I can assure you that a majority of Kennedy half dollars in NGC will downgrade one point when crossed over to PCGS plastic. This is not speculation but fact. When it comes to studying Kennedy half dollar varieties, I have read my fair share of articles and books on the subject and while I do not consider myself an expert on this denomination, I do consider myself a well informed collector on the series with varieties. Now if you think a 1964 “Accented Hair” NGC PR69 Kennedy half dollar is worth $22,000 then that must have been one heck of a pothole the turnip truck you were riding in hit. I just checked my inventory and I have four “Accented hair” in PCGS PR69 that I would let go for just 50 cent on the dollar of the price you quoted and I would be laughing all the way to the bank. I don’t think you will be willing to pay $11,000 per coin for something that should be valued at less then 15 % of that figure. In regards to NGC PR68 “Accented Hair” Kennedy half dollars being common, not sure what standard you are using but the population just at PCGS is 964 in PR67; 390 in PR68; and 48 in PR69 (that is a total of over 1400 coin just in PCGS plastic and not even considering the populations of CAM or DCAM designations that most collectors try for).
Interesting. The NGC online "Price Guide" does rate the PF69DCAM Coin at $30,000 Caleb but I have no idea where they got that number from. I cannot find any coins that have sold anywhere near that amount in the Heritage Archives. However, PCGSCoinfacts does show an NGC PF69CAM AH that sold for $264 back in Sept 03 on Teletrade. Heritage shows several PF68DCAMs which sold for over $10 grand and perhaps NGC is expanding on those sales for the PF69DCAM coin? But, its neither here nor there since the OP's coin is only a PF68 Coin which is quite common and unless the OP defines exactly what "X" is compared to "Y"? Perhaps $20 vs $200?
Please see the post below yours to see where my facts came from. Also, feel free to search ebay for the $22k number. Again, not pulling this out of thin air. Im sorry you disagree but it is not my place to explain to someone how to read and interpret. On a side note, I would love to see your 4 claimed AH's in a picture. And not a shopped one either.
While I do think there is hype around this coin with the 50th anniversary on the horizon and I do think we will see a short term jump in price...I think $22K is a little extreme. I did look into the eBay auction you mentioned. The coin is not a Ultra Cameo but a PF69* Cameo. Also, they are ASKING $22K or best offer...it didn't sell for that. They are also calling it a Top Pop coin which is a complete lie. http://www.ebay.com/itm/1964-AH-ACC...77?pt=Coins_US_Individual&hash=item1e85c1ccc5 Doing a little research further. PCGS has never graded an accented hair PR69DCAM and NGC has graded 1 PF69UCAM. This might explain why NGC has that coin listed so high in their price guide for the PF69UCAM...it's unique up to this point. Maybe someone paid that high of a price for it at some auction (it's not Heritage)...or maybe someone at NGC just decided that's what the coin is worth.