Gold Kennedy Half....requirement For A Complete Set?

I consider the Gold Kennedy to be a coin since it is a product of the mint and has a legal tender value.

I'll state this again.....I didn't want to vote "yes" but did since I consider it to be a half dollar coin. Intended usage does not come into play here. I know it will never be *used* as a half dollar coin but that's what it is.

Lets not argue.....


Do you think it will be listed as part of the set of Kennedy halves. That is the meat of the question.

At some point in the future one of the gold Kennedy half dollars will be spent. It will happen for the same reason why we see proofs and other NIFC coins in change, because the people who inherit or steal them do not know what they have.

The gold Kennedy half dollar is a coin. Whether or not you decided to collect it is entirely up to you.

Regarding an earlier post that mentions that because this "coin" didn't go "through the FED" it isn't money is technically a false statement. If my memory is correct only paper currency is managed by the FED. Coins are managed by the Treasury. Am I correct?

It will never make it to the banks in a box thought because someone at Loomis, Gardis (I now know a local bank that uses Gardis [insert dancing banana]), and Brinks persons would quickly buy it up before it ever has a chance to get rolled or it would be taken out like any other wrongly colored coin.

Yup, the FRB has to buy the coins at face value from the Mint to distribute them to banks, but only buys the bills are cost to produce them. That is where seigniorage comes into play as I was discussing in that whole "Remove the $1 bill for the dollar coin and remove the nickel and penny" thread. It is even in the quote right above that the Fed has to buy the coins at face value. (see Federal Reserve System)

If there was a slot for it in an album I would agree that the coin is needed have a complete set. But that being said I do have a complete set of ASE's and have a true completed set with all the anniversary sets the mint has put out.

It comes down to my choice of what I feel that a complete set would consist of.

I'm very tempted to get this coin, but really at what point do we stop jumping through hoops for coins that are really only collector items?

Part of me wants the coin and the part that controls the wallet is saying that I'm out of my mind. It's a tussle.

Is it REQUIRED? Hard question and easy at the same time.

I voted yes.

Why?

B/c I had to look at what would motivate ME (not necessarily others - note that) to say otherwise. And I found a little voice inside me saying, "If a coin is too expensive, you will never own it anyway. So to make yourself happy; and to make sure you can say, "I own a COMPLETE set;" vote NO!

Oh well.

CCF is what FORCED me (tied my hands and everything) to become a Kennedy half specialist when I slobbered over the roll searching finds of others on this forum.

So here is the progression of my thoughts about "complete," and how I found there technically is no such thing. A complete set must contain...

1. A typical specimen of every circulated coin;
2. add clad proofs to the above;
3. add silver proofs to the above (don't forget the Accented Hair variety!);
4. add the 1998 Matte silver proof to the above (hey... its JFK, and reads HALF DOLLAR!);
5. add major DDOs, and no FG varieties to the above;
6. add satin finish halves from mint sets from 05-10 to the above;
7. add the expensive, mint-gotcha, what-is-it-really, special, much-hype-over, commemorative gold "thing" embossed with JFK and HALF DOLLAR to the above (but its Soooo beautiful!).

If all of the above is ever accomplished, I will still have a desire to find more to add to the set b/c of the fun of a new acquisition. So I have a feeling I will start asking myself just how much doubling makes a DDO variety worthy of inclusion? Do I NEED all of the DDR's? Hey, what about those couple of dates known to have severe die rotation?

Only until I find the degree of ridiculousness I am willing to go for a new find to outweigh my desire to acquire a new find, will I find the word... "complete."

There are other dates for Kennedy half dollars with rotated dies but the 1965 SMS and 1988 P from that year's Mint Sets are the most publicized.