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50th Anniv Kennedy Set Details From Cw Article

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gotboostedvr6's Avatar
United States
261 Posts
 Posted 08/01/2014  09:11 am  Show Profile   Bookmark this reply Add gotboostedvr6 to your friends list Get a Link to this Reply
I ordered 2 sets at 12:30 on opening day and received an email yesterday that my coins had shipped out.
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Conder101's Avatar
United States
17884 Posts
 Posted 08/01/2014  11:15 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
This change in purchase limits could be interesting. Some of the people in line will probably still be people working for the dealers and buying for them, but usually a fair number of the people in line buy multiples in order to keep one and sell the others for a profit and reduce their cost in the one they keep or sell them all just for the profit. Now if they want to keep one they are going to be paying the full price. And if they just want to sell their profits are now limited.

It will be much harder now for dealers to get their hands on quantities of the coin in the special ANA labels. How many of the collectors who plan to keep theirs will fork over the extra money for the label? Of course this could make the special label that much more desirable and increase the profit possibility for flipping a labeled coin on ebay.

Yes it will be interesting watching how this plays out.
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barryg's Avatar
United States
5850 Posts
 Posted 08/01/2014  11:51 am  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply
I still have trouble understanding how a "special ANA label" could possibly increase the value of this coin. But that's just me...
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Hollywood's Avatar
United States
1228 Posts
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Teach's Avatar
United States
1254 Posts
 Posted 08/01/2014  1:10 pm  Show Profile   Bookmark this reply Add Teach to your friends list Get a Link to this Reply
I received the email that my new halves have shipped as well. Now I just have to figure out whether the gold coin will be worth it. I think I will sit out here on the fence for awhile and see what happens. I'm in for the 4 coin silver set whenever it comes out.
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atticguy's Avatar
United States
1373 Posts
 Posted 08/01/2014  1:18 pm  Show Profile   Bookmark this reply Add atticguy to your friends list Get a Link to this Reply
You are absolutely right, barryg! The ANA label doesn't make the golden Kennedy, or any coin, worth a penny more than one bought elsewhere. This goes for all coins in slabs too. I even see prices jacked up on slabbed coins due to what color labels the slabs have, or if the slab has a picture of a bridge, mountain, or flag on it.

I'm pretty sure that the Mint has been minting the gold and silver Kennedy coins for months how, and the ones they sell at the convention aren't any newer, nor made any differently, than the ones you can buy online.

I may be one of just a few collectors that dislikes gouging of some coins, but it gets me upset enough at times to make me squawk about it.
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bill069's Avatar
United States
608 Posts
 Posted 08/01/2014  3:54 pm  Show Profile   Bookmark this reply Add bill069 to your friends list Get a Link to this Reply
atticguy, I'm sure I can speak for others and say you're not alone!
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smokeriderdon's Avatar
United States
3755 Posts
 Posted 08/01/2014  4:34 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list Get a Link to this Reply
There is more what if here than I have ever seen. This is what my DI said about what ifs... What if worms had machine guns? Birds wouldn't mess with them, what IS your point boy?

Make it simple. You want these coins? Buy them. Why all the angst? You dont want them or just cant afford the gold, then dont get them. I mean, either you are Kennedy collector or you arent.

Me, I am a Kennedy collector. I have put a lot of effort and money into my Kennedy Dansco. I have the 98 matte proof. I am keeping an eye out for the accented hair. These coins will be in my collection. I just placed my order for five of the sets. I will get at least one silver set. More if I can. And I am doing everything I can to get the money together for the gold coin. I dont give one tiny fraction of a rats rear what their may or may not be in the future. Frankly, if thats what is driving your purchases, go buy some bars of PMs and be done with it.

BUT, lets entertain these two coin sets. These ARE unique coins. Does anyone here believe they will even come close to one million minted? I sure do not. A few hundred thousand is my thought. Making them a key to the series. And unless something drastic happens, like every Kennedy collector dying at once, I am pretty sure demand will be there for these coins. But that is a what if that means nothing.
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denco7's Avatar
United States
2543 Posts
 Posted 08/02/2014  2:51 pm  Show Profile   Bookmark this reply Add denco7 to your friends list Get a Link to this Reply
The first clad sets have made their way to HSN Coin Vault.

ANACS SP69 FDOI for $99.95 1,940 sets

By the way, Mike said he submitted 4,500 sets and did not get one SP70 coin. If ANACS can't certify even one SP70 set for HSN, what does that say for the quality of these sets ?
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 08/02/2014  3:01 pm  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply

Quote:
what does that say for the quality of these sets ?


Ummm...sucks?
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United States
5206 Posts
 Posted 08/02/2014  6:50 pm  Show Profile   Bookmark this reply Add jack jeckel to your friends list Get a Link to this Reply

Quote:
By the way, Mike said he submitted 4,500 sets and did not get one SP70 coin. . . . what does that say for the quality of these sets ?


It says that HSN has the best snake oil peddler and story teller out there who can con the blind and ignorant into paying MS70 prices for substandard coins.
Edited by jack jeckel
08/02/2014 6:51 pm
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gotboostedvr6's Avatar
United States
261 Posts
 Posted 08/02/2014  6:52 pm  Show Profile   Bookmark this reply Add gotboostedvr6 to your friends list Get a Link to this Reply
I got my two sets.
All 4 coins have rim dings.

Both Denver coins are much nicer then the philly coins.
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eSinger's Avatar
United States
523 Posts
 Posted 08/02/2014  9:51 pm  Show Profile   Bookmark this reply Add eSinger to your friends list Get a Link to this Reply
Well I got mine and I like the quality of them. Sure I have some spots etc on (2) D Mints. I think the P Mints are better. Here are some pictures for your own look. My pictures do not do them justice. I took one set apart to get these and they look much better than the pictures show. I would say grades of my 5 sets, SP65 MIN - SP68+

50th-Anniv-Kennedy-Set-Details-From-Cw-Article
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50th-Anniv-Kennedy-Set-Details-From-Cw-Article
50th-Anniv-Kennedy-Set-Details-From-Cw-Article
Pillar of the Community
United States
5206 Posts
 Posted 08/02/2014  10:10 pm  Show Profile   Bookmark this reply Add jack jeckel to your friends list Get a Link to this Reply
Our local club is renting a bus and heading out to the ANA show On Thursday. I know we won't mae it there by the time to line up outside at the crack of dawn and get a ticket but you never know.

I guess I will have to wait it out online like the baseball coins but hopefully won't get 2 out of the clunkers this time.
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Teach's Avatar
United States
1254 Posts
 Posted 08/05/2014  09:15 am  Show Profile   Bookmark this reply Add Teach to your friends list Get a Link to this Reply
I received my clad halves from the mint yesterday, I can see why no one has received a 70 grade. I would feel lucky if I had one of them grade as a 65. I've found better looking halves while coin roll hunting. I also received an email from a coin website offering me $250 to purchase 5 gold halves for them today, not open the box and ship them to them. Then they said they would send me a check the next day. I think the name of the place was called something like " Coins from 1994 " .com or maybe it was Coins from 1993? Anyways, I am passing on that offer.
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