Rarity? If you do an ebay search for 1998 Kennedy, just on the first page there were 16 of them listed. Now do a search for an '83 P Washington in 65. You'll find the pickings much slimmer. In fact, there were only 47 total listings for the '83P in any grade, raw or slabbed.
Low mintage, yes, pricey, yes. I just question using the term rare when something is so readily available.
There are a lot of them on the market right now, as people are trying to flip them, as prices have gone down a bit. Nothing unusual about that--they're going to be far more valuable in the future, and still a key Kennedy coin.
Yeah I've had my eye on them for a while now and hoping they'll drop some more. I don't collect Kennedys but I do collect modern commems and this one I don't have yet. I guess they could be considered a double key, one for Kennedy collectors and one for commem collectors.
Using the NGC Registry sets as a guide the complete Lincoln Memorial set includes the '72, 83, 84, and '95 DD's as well as all the satins (labeled SMS) 2005 - 2010. As far as price/value is concerned comparing a business strike to a satin - same date, mm and grade - the satin is much less than the business strike. It would seem to me that any discussion of modern keys would have to recognize these. I'm not saying they are keys, just saying they must be included in the discussion.
I’d say yeah, include all you mentioned, yet, each collector can decide which to include. There are no rules, other than supply & demand. Some coins’ supply will be limited due to low mintage, regardless of grade. Common, high mintage business strikes, which are rare in high grades, clearly are priced by supply & demand as well, yet they aren’t necessary to fill holes – usually very nice examples are plentiful at close to face value to fill holes. So, when is comes to “keys”, low mintage is king, IMO. As for business strikes being priced higher than satins, in Coin World that’s only true for the highest grade business strikes, otherwise, satins are priced higher.
Now I have a question in regards to mintage figures. Would the 25th Anniverary Eagle set with a mintage of 100,000 as well as the recent SF reverse silver eagle and its mate be considered a rarity, or would a number of years have to pass before such a distinction be made of both of these sets?
I'd say the 2011 has potential - just look at it- it is the finest product ever produced by the US mint
I would think that the 2011 issues of the first spouse coins would be considered key dates. Especially the uncirculated issue given their low populations.
Hmm... Lets consider this. Modern ciculation coins haven't dropped below 200k since 1915. But there are the conditional rarities. As mentioned before the no mint sets issued in 82 or 83 mint sets. So finding 82 or 83 coins in high MS is a rarity and will command a premium. As for modern "Rarities" which at best I would call a "Better Date" with the coins with the lower mintages such as the 70-D Kennedy, 96-W Roosie, and 2011 ASE set make the lower mintages. But the problem is that they have never and may never see the lint of pockets so the HIGH majority of them are in high grade and are a dime a dozen. So I am going to go with the 82 and 83 coins in higher MS grade as a "Conditional Rarity" because they were all intended for circulation.
"A dime a dozen" in high grade? Where do I send my 10 cents to get a dozen 1970-D Kennedy half dollars in PCGS MS67 grade? :devil: Edit to add: I doubt you could buy one 1970-D PCGS MS67 Kennedy half dollar for less then $7,500
