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Why 1989 Commemorative Proof Half Dollar So Cheap.

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 Posted 07/21/2017  6:00 pm  Show Profile   Bookmark this reply Add moxking to your friends list
Guess who distributed more of these than anyone else?

K-mart. I'm not kidding. These will be turning up for the next 50 years. There are far more of these than collectors who want one.
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 Posted 07/21/2017  9:05 pm  Show Profile   Bookmark this reply Add coin197 to your friends list
Well, even at $6 for the pair, I wouldn't be interested.
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 Posted 07/22/2017  04:13 am  Show Profile   Bookmark this reply Add alvaro77 to your friends list

Quote:
Well, even at $6 for the pair, I wouldn't be interested.


ĦĦĦĦĦĦĦTough crowd!!
Edited by alvaro77
07/22/2017 04:13 am
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 Posted 07/22/2017  11:38 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list
$10 is still a good buy compared to original retail.

Buy 'em if you like 'em!
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 Posted 07/22/2017  6:30 pm  Show Profile   Bookmark this reply Add bobby131313 to your friends list
When we were taking donations and going to shows and doing giveaways to the kids we must have had 30 of these sent to us to give away. I had stacks of them on the back table. The kids thought they were awesome.
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 Posted 07/22/2017  10:04 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list
I'm no kid but I still think any free coin is awesome.
Edited by CelticKnot
07/22/2017 10:25 pm
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 Posted 07/24/2017  11:50 am  Show Profile   Bookmark this reply Add Bump111 to your friends list
, especially for a proof coin in the OGP!
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 Posted 07/24/2017  12:22 pm  Show Profile   Bookmark this reply Add TheForce to your friends list
I might consider buying some at face value...
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 Posted 07/24/2017  1:25 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list
These are, to me, just fancy tokens. They even have lost what their face value was worth back in 1989 as money has continued to depreciate.

If I had one, I would likely also give it to a child for the "wow factor" it might inspire, but also let them know its not worth a lot of money. I like to do this with Ikes also.
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 Posted 07/25/2017  09:11 am  Show Profile   Bookmark this reply Add terry8835 to your friends list
I just would not buy clad coins. Even silver Roosevelt dimes may increase in value if silver prices climb, but the clad dimes are crap.
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 Posted 07/26/2017  01:32 am  Show Profile   Bookmark this reply Add commems to your friends list

Quote:
They even have lost what their face value was worth back in 1989 as money has continued to depreciate.

This is true for every coin issued in 1989, not just these commemorative pieces.

Quote:
I just would not buy clad coins. Even silver Roosevelt dimes may increase in value if silver prices climb, but the clad dimes are crap.

IMO, silver content and potential future value are not the only determining factors in whether a coin is collectible. There is much more to collecting! A collector who admires FDR, for example, may not care whether the dimes he/she collects are silver or clad, what is important to them might be the tribute to the man that they are assembling one coin at a time. To call the clad specimens in his/her collection "crap" is, to me, disrespectful to a fellow collector.


In my view, the 1989 Congressional half dollar is an example of an ideal commemorative coin. It commemorates a milestone event in US history - the bicentennial of the US Congress - and was/is very affordable. As such, it is a great learning/teaching opportunity for all collectors regardless of their financial means.


Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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