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<p>[QUOTE="Troodon, post: 1964934, member: 4626"]Living in Denver, this stuff actually makes big local news. Apparently on the day of issue, a dealer trying to work around the one gold JFK per person at the mint's gift shop had a "casting call" for extras; the extras weren't hired to be in a movie, but to stand in line to get gold JFKs (which they were then paid $500 each to buy the coins and give them to the "director").</p><p><br /></p><p>There's no doubt that in the early days this fad means you could theoretically cash in, but there's no minting limit (other than they have to stop on or before 12/31) and there's no set cut off date for sales (they can keep selling them as long as they have any to sell). I think it's silly to get worked up about a coin which has the potential to be one of the <i>highest</i> minted gold coins in modern history (they may mint up to 100k of these, or more!). This ain't going to be a rare coin by any stretch of the imagination. It's definitely going to be the most common gold coin minted this year and may be <i>the</i> most common gold coin minted since gold ceased to circulate. I'm not saying don't get one if you can afford it and the mood strikes you, but I can't see this being much of an investment (at least not a short term one).</p><p><br /></p><p>Personally I just have no interest in it. It's just a JFK half, in gold; the design is barely any different than a regular JFK half. I'm actually more excited about the reverse proof silver JFK; that's at least a <i>little</i> different. There's just far more interesting coins you can get with $1200.[/QUOTE]</p><p><br /></p>
[QUOTE="Troodon, post: 1964934, member: 4626"]Living in Denver, this stuff actually makes big local news. Apparently on the day of issue, a dealer trying to work around the one gold JFK per person at the mint's gift shop had a "casting call" for extras; the extras weren't hired to be in a movie, but to stand in line to get gold JFKs (which they were then paid $500 each to buy the coins and give them to the "director"). There's no doubt that in the early days this fad means you could theoretically cash in, but there's no minting limit (other than they have to stop on or before 12/31) and there's no set cut off date for sales (they can keep selling them as long as they have any to sell). I think it's silly to get worked up about a coin which has the potential to be one of the [I]highest[/I] minted gold coins in modern history (they may mint up to 100k of these, or more!). This ain't going to be a rare coin by any stretch of the imagination. It's definitely going to be the most common gold coin minted this year and may be [I]the[/I] most common gold coin minted since gold ceased to circulate. I'm not saying don't get one if you can afford it and the mood strikes you, but I can't see this being much of an investment (at least not a short term one). Personally I just have no interest in it. It's just a JFK half, in gold; the design is barely any different than a regular JFK half. I'm actually more excited about the reverse proof silver JFK; that's at least a [I]little[/I] different. There's just far more interesting coins you can get with $1200.[/QUOTE]
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