2014 JFK Silver Set

Am I the only one to order on the first day of availability (and within the first hour or so), and not receive my coin before they were available already graded? I'll most likely wait on the CuNi set, and probably order one silver set from the mint, and one already graded from MCM or someone else. No doubt I'll get the graded ones first.

Edit: I still think the mint should offer the same proof coin, any coin, in a capsule only - less all the packaging that gets thrown away, for a small discount.

 

Log in or Sign up to hide this ad.

No. Mine got bumped to 8/1.

I do NOT buy this faulty software crap for 1 second!

 

Ooops.

I just went to in stock and reserved with no cancel box.

I'll shut up now.

 

Me too. We'll see when they actually ship.

 

Me Too+

 

Me too ++ Woot!!!

 

Same here.

 

The mint is totally ripping you guys off...

 

How so?

 

I'm not exactly sure how they are ripping everyone off. Please explain this to me.

 

I was being sarcastic. I couple of these guys have been throwing fits that the mint is terrible to buy from, and does not care about the customer, etc etc. Now they are happy when they realize the mint is shipping quickly.

 

Fair enough.

 

Not if they have already been struck to make an entire authorized mintage before the the coin goes on sale. I realize this isn't possible for the Kennedy sets since there is no mintage limit, but on some earlier issues it would have caused problems if they had followed that procedure. For example the 2011 US Army dollar had an authorized mintage of 400,000 for both Unc and proof combined. Now if you are going to strike them all before they go on sale how many of each do you strike? And even you could figure out a split, once sales ended they would have still had over 236,000 stuck coins on their hands. If they were planchets, they could have been held over and used for the commemorative dollars the next year. But if they had struck them all ahead of time, as suggested, they are now useless and have to be melted back down and reprocessed into planchets all over again. That costs money. (The mint doesn't do it themselves they would have to pay to ship them to a private firm that would melt them down and process the silver back into planchets, and then ship them back to the mint.)

Any time they had an authorized maximim mintage if they followed the "coin them all up ahead of time" they would run the risk of running into that possibility. That don't that and that is why they don't usually end up holding the bag. (But this is also why they often wind up selling the silver proof sets well into the following year. They pre-coined too many of them. So it means either extend the sales window, or melt them down and lose the money invested in them.)

I will agree that the mint IS usually too conservative on the number it does pre-strike.

 

I just ordered a clad set. I'm not so fond of Kennedy as a President, but I do recognize him as "significant". So the clad set is code K14. In it's descrtiption, it says this:

Note: All other United States Mint 2014 Kennedy half-dollars that are not included in the K13 and K14 sets share the common reverse described above, while the obverse features a strong but simple portrait of President John Fitzgerald Kennedy and the inscriptions LIBERTY and IN GOD WE TRUST.​

Is K13 the code for the yet-to-be-released Silver set due out in Fall? Am I accurately understanding this description to say that the Obverse of this clad set and the upcoming Silver set will have a unique design not shared by the general release (rolls, bag, 2014 Proof sets)? Thanks for the clarification.

Rob

 

I noticed that too. K13 is not used by any other option, so it may be the silver set.

Yes, these coins have the portrait used on the 1964 halves.

 

Well thank you for your insight.

 

Meh! We're human.

 

jwitten
I was being sarcastic. I couple of these guys have been throwing fits that the mint is terrible to buy from, and does not care about the customer, etc etc. Now they are happy when they realize the mint is shipping quickly.

And, the mint is the mint. From past experience, it looked like they were pulling another one. We'll see when they actually ship, they are late now.

 

Yes late now...sent me my rolls of 2014, but have my others in stock and reserved? Fishy.