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 Replies: 224 / Views: 30,021 |
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Bedrock of the Community
United States
17884 Posts |
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Is it mint SOP to put out gold and clad months before silver? No this is the first time. |
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Pillar of the Community
United States
2543 Posts |
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Is it mint SOP to put out gold and clad months before silver? The mint is always looking for ways to maximize profits get coins in the hands of collectors who want them. In 2011 for the 25th Anniversary ASE set, the mint set up a brand new online ordering process, and a 100,000 set mintage limit. The system ended up crashing within the first half hour and many people got shut out and were livid. For the 2012 SF set, the mint came up with a 30 day window, many people thought that this was going to increase sales to an astronomical mintage, so they didn't bother ordering the set, those who did got the second lowest ASE set minted. The mint continued the 30 day window for the HOF sets, but unfortunately made the mistake of offering all the sets at once. Again, disaster clogged system, unreal waiting times, immediate sellout of the gold coin,followed shortly by the silver proofs and UNC coins, followed shortly by a lot of PO'd customers and collectors. Figuring, once again, that this was not the way to maximize profits keep customers and collectors happy, they have now settled on a staggered releases of each set with an ambiguous mintage limit on the gold coin (40,000 to start and then we'll see) and a 30 day ordering window on the other sets. |
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Pillar of the Community
United States
1205 Posts |
So..got my 5 P-D coins in..."OK" quality...as a group, in the SP68 range...and, 1 very scuffed, across cheek, from ejection problem.....the rims are terribly rough on most, both sides..will downgrade ones with no contact marks obv. or rev. to SP69 from 2 potential SP70's...it would cost OVER $350 to have PCGS slab these as First Strikes...I don't think it's worth the gamble...there will be a ton of SP69 FS out there, eventually to flood the market...IF I thought I might pull a SP70, I'd give it a shot...will not, due to lower quality rims...noticed a lot of polish lines on the dies...no clashing remnants, but, some kind of repair work was done..some coins show "die starburst effect", thus, later die age, and, less desirable than an early die state, of which I see 2 of my 10..almost DMPL in look...That is pretty cool to see, so, makes up for the rough rims...
CG
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Valued Member
United States
396 Posts |
Thanks to those who answered my question.
This way the mint also gets to hit me twice for shipping charges since I felt uncomfortable waiting any longer to order my silver proof sets.
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Pillar of the Community
United States
1205 Posts |
Maybe there should be a special "Grassy Knoll" label...
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Pillar of the Community
United States
1228 Posts |
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They will qualify if shipped within 30 days of when shipping starts..NGC needs the coins in hand within 30 days. PCGS will accept a sealed box that was shipped by the Mint within 30 days.
I wonder when shipping starts  At the bottom of this artical state on backorderQuote:
Today only 100 coins each will be available in Denver, Philadelphia and Washington. http://www.numismaticnews.net/buzz/...c+News)Quote:
He wondered out loud how long the buying frenzy can last. He asked rhetorically whether the prices will collapse by the end of the convention on Saturday. |
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Pillar of the Community
 United States
1817 Posts |
56,694 coins sold first day or $70.3 million in sales. Looks like the coin might go north of 100,000? Didn't think there was going to be more than 30K sold on the first day, it's nearly 3x the cost of the gold BHOF coin. Some people that lost out on the gold BHOF coins are hoping that lightning strikes twice? I'm guessing the gold Kennedy might end up in the secondary market more like the RP Buffalo than the $20 UHF, which was a unique one off coin in thickness and width. $1,240 is a goodly sum of money to tie up just before the holidays (assuming that the majority will be shipped in October and November,) that buyers remorse and holiday gift-giving will send a number of them back to dealers for resale. http://mintnewsblog.com/2014/08/ope...reach-56694/Edit - compare the gold sales to the final total of the 1998 matte proof: 62,000, and that was a $29.95 coin at the time. Edited by Bizybackson
08/06/2014 8:45 pm
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Pillar of the Community
United States
1476 Posts |
I received my 5 sets of the 50th UNC packages yesterday. It must be me, I am VERY displeased with 4 out of 5 of the sets.  (I AM a PICKY person though )  I'm sending them back. I have found better examples CRH. I'm Very serious. But to pay $9.95 for something like this I DO expect More. Seems like all the extra money was for the packageing. I will be having them replace them and see what happens. has this happened to anyone else? I hope it's not just me. Dar Edited by Dar
08/07/2014 6:21 pm
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Pillar of the Community
United States
5850 Posts |
I received my three sets it the 50th UNC packages today. I had no problem with the quality, personally. But I did just want to confirm that the design on the obverse matches the original 1964 design in case there was still any doubt about it.
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Pillar of the Community
United States
1037 Posts |
Well 2 of my 5 clad sets are blemish free. I was quite surprised to find 'bag marks' on some of these Kennedy's. The higher relief is very nice compared to a current UNC Kennedy. And the finish is almost proof-like, let me re-phase that last statement; the finish is reminiscent of the SMS sets from 1965-1967.
For $10 they are keepers.
Since I'm priced-out of the gold Kennedy market, I am looking forward to the Fall when the silver Kennedy sets are available.
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Pillar of the Community
United States
1476 Posts |
Even with the slight set backs I too will be ordering the Silver set as well.  |
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Pillar of the Community
United States
1817 Posts |
Bump. On yer mark...get set...GO!
K13 (Kennedy 4-coin silver set scheduled for release on Thursday October 28th).
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Pillar of the Community
United States
3755 Posts |
I got my 5 sets today. I have NO complaints at all. 3 of the sets would go 68 or 69 and the other two 66 ish. The luster is magnificent and the design is what it should be. I LOVE THEM. I was not able to save the money up for the gold coin. Just gonna have to pay the aftermarket mark up. *%&^$%$#@@!^%&*)^&*
Denco, quit striking out maximize profit. That is EXACTLY what they do, AND RIGHTFULLY SO. They are NOT there at the behest of collectors. So yeah, their actions are motivated by profit and more power to them. And they need to just put a mintage limit on the coins and be done with it. No matter what they do there will be a chorus of whining about one thing or another. Ignore that, put the product out and those who want it will buy it.
Cantwait for the silver set. 2 of those and I will be good.
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Valued Member
United States
301 Posts |
Got my two UNC sets today. I didn't know what to expect, but was pleasantly surprised with them. They remind me of '65-'67 SMS coins.
I did notice that the Denver coins seem to have more luster than the Philadelphia coins.
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Pillar of the Community
United States
716 Posts |
Got my UNC sets today. The obverse is high relief as on the 1964 but the reverse is low relief as on recent years.
Do you guys get the same as me? If so, what's the point?
I am not happy about the half-done job from US mint. I want both sides as high relief for $10 per set.
Edited by Yinzi50
09/15/2014 8:52 pm
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Replies: 224 / Views: 30,021 |
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Posted 08/06/2014 11:24 am
