Latest On Kennedy Gold Half Dollars

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A PR70 "first strike" PCGS is on APMEX...$1275 and $1100 buy price. I believe these were about $4000 at one time.

 

And also the same for the digital version.

 

Will Krause soon be putting out the Standard Catalog of Coins WITHOUT Words?

 

I am tied for the number two set of proof silver Kennedy Half Dollars in the PCGS Registry. I have the 1964 Pr69CAM and need the PR69 (no 70 ever graded) DCAM to be tied for first place. I can assure you the silver Kennedy Halves in PR70 (1992 to present) are not cheap. I have been adding the coins as they come out, over the years, to try and buy a complete set today would be beyond my budget.

 

No doubt. And congrats on the high end "real" Kennedys. But even PR70's on the gold one from 2014 (dual dated) are as common as coins get, and that gold one is the subject at hand.

Since you do the "registry thing" (I don't), is the gold Kennedy considered part of the set by PCGS?

 

Read my post, I said Proof SILVER Kennedy Half Dollars. You stated 1964 to 2014 Kennedys sell for well under their issue price. During those years they only issued clad or, from 1992 on, silver Kennedy half dollars. the silver Kennedy Half Dollars are doing well.

 

If you look upthread, I was referring to a single individual issue, the dual dated 1964-2014 gold Kennedy, not the series.

And you're right - silver Kennedys are a nice series. That gold one is, and always will be, a dog.

 

I was thinking of going for this set, ungraded though. How much money are we talking? I got the 90% silver proofs from 2000-2006 for around $10.00 each. I know there are some tough Years in there including the 64 AH.

 

If you buy them in the year of issue, they are reasonably priced, but if you start to go back to earlier dates they get expensive. The three most expensive ones are the 1964 AH, regular 64, and 2012 silver in high grade. Just about every silver coin from 2012 is expensive. Dansco doesn't, to the best of my knowledge, make an album just for slver Kennedy Halfs. They make an album for the clad P & D ones and an album for the P, D, S, and S ones. I started collecting the silver ones in Proof 69, then moved up to Proof 70 for the 92 to 2016 ones. I'm selling my Proof silver 69 set and have received a few good offers for it from my coin club. The 65 to 67 SMS in high grade are tough to get also. I just bought a 1965 SMS in MS 68 for a great price on eBay, because the Seller had it listed wrong. He had it as a 1968 SMS, which doesn't exist.

When Kennedy was running for President he came to my home town to make a campaign speech. They let the high schools out to go hear and see him, he was and is the only President I saw and heard when he made that speech. I was a senior in High School when the Principal turned on the PA systeem. He never did that during the school day. He announced what had happened in Dallas.

 

I know this tread is about the Gold Kennedy, but today gold is at $1,255 an ounce and the mint raised the price of the bi-annual $100 High Relief Liberty coins to $1,690. That's over $400 over melt, no wonder they aren't selling.

 

Even if the Kennedy gold half was "worth" $1,500, a substantial number of eBay buy-it-nows are hundreds higher. Apparently, a lot of people got in way too deep on this one.

 

If I remember correctly (don't get old), the $5,000 one was sold at an ANA show that was graded at the show.

 

Yup, that was the theoretical Coin #1. First one sold at Chicago. I wonder how much of the bloom is off that rose now.

 

Is there a cost for a seller to just keep buy-it-nows hanging out there on eBay, or only when a sale goes through?

 

They're required to cover "all expenses" with the sale price - art costs, dies, blanks, marketing costs, EVERYTHING, even a pro rata portion of fixed overhead. Hence the premiums.

So when the Mint takes a booth at a Baltimore Whitman show to hype the Liberty gold, those costs end up in every coin sold. By public policy, only the circulating coin segment is allowed to run a fiscal deficit. (It presently is cash-flow positive, thanks MOSTLY to quarter dollar production.) The numismatic and bullion divisions are not allowed to lose money. The way those costs are allocated is the reason why clad half dollar commems recently took a huge jump in price from the status quo ante.

 

What you state is true, the mint has to recover it's costs, plus, on numismatic coins. BUT, from a collector point of view, there's a price point that makes it out of the reach of thee average collector. I truely believe the high price of coins is one of the main reasons the hobby is not attracting new and young collectors.

I'm retired and planned well for my retirement, but I just can't bring myself to buy that $100 gold coin at that price point. I'm sure it'll be another Uncirulated Jackie Robinson (typically, I have the Proof Set) gold coin that has a high cost because of low mintage.

The mint, to the best of my knowlege, is the only government entity that turns over millions of dollars (profit) to the Treasury Department every year. The only commemorative coin that hasn't made costrs, in modern times, was the Girl Scout Commem.

As to the Kennedy Gold coin, that and the four piece silver set in four finishes, hasn't done well in terms of appreciation. Iroincally the two piece P & D set has done the best in terms of appreciation.

 

Current value on 5/2/17: $1258 (spot gold per ounce) * 0.75 ounces = $943.50

 

Yes.

 

You're supposed to be a moderator. I've been selling coins for years now using Krause as a guide.