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Kennedy Half Price Anomaly ??
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<p>[QUOTE="gboulton, post: 1305462, member: 27043"]I asked an LCS owner this very question about 2-3 years ago. His response was that 1968 marked the return of mint marks, after their absence in 65-67. As a result, he said, a great many people held on to the first "Denver marked" coins in several years...resulting in a great many more higher grade examples remaining.</p><p><br /></p><p>Even at the higher priced MS-67, the 68-D is STILL among the cheapest at that level, a SOLID 10% below even the '67, and well below the later D-mint mark 40% coins. This would lend some credibility to the above explanation, imo.</p><p><br /></p><p>I don't know how accurate that story is...but it's the more reasonable one I've heard to date. I'd be curious as well to know if anyone has a more "concrete" explanation.</p><p><br /></p><p>====</p><p><br /></p><p>The explanation for the "explosion" in price (and this is just me taking a guess, nothing to back it up) is probably the absence of MS68 and higher examples in that population report. MS67 appears to be the finest PCGS grade available for a majority of the silver/silver clad Kennedy halves.</p><p><br /></p><p>========</p><p><br /></p><p>EDIT : Good grief, I almost forgot the most important part...that is a GORGEOUS 68D. I'm truly envious.[/QUOTE]</p><p><br /></p>
[QUOTE="gboulton, post: 1305462, member: 27043"]I asked an LCS owner this very question about 2-3 years ago. His response was that 1968 marked the return of mint marks, after their absence in 65-67. As a result, he said, a great many people held on to the first "Denver marked" coins in several years...resulting in a great many more higher grade examples remaining. Even at the higher priced MS-67, the 68-D is STILL among the cheapest at that level, a SOLID 10% below even the '67, and well below the later D-mint mark 40% coins. This would lend some credibility to the above explanation, imo. I don't know how accurate that story is...but it's the more reasonable one I've heard to date. I'd be curious as well to know if anyone has a more "concrete" explanation. ==== The explanation for the "explosion" in price (and this is just me taking a guess, nothing to back it up) is probably the absence of MS68 and higher examples in that population report. MS67 appears to be the finest PCGS grade available for a majority of the silver/silver clad Kennedy halves. ======== EDIT : Good grief, I almost forgot the most important part...that is a GORGEOUS 68D. I'm truly envious.[/QUOTE]
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Kennedy Half Price Anomaly ??
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