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50th Anniv Kennedy Set Details From Cw Article

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Bizybackson's Avatar
United States
1817 Posts
 Posted 07/09/2014  12:24 am  Show Profile   Bookmark this reply Add Bizybackson to your friends list Get a Link to this Reply
Limit of 5 per household, no sales "window" and no indication of production limits. I know where my $6,500 is going!

Seriously. Hmm. Is the gold Kennedy screaming "must have" in your collecting budget? Really on the fence with the gold coin. Might be a similar situation with last year's RP Buffalo, which didn't turn out to be that special after all. The RP is a neat coin but couldn't hold a candle to the regular proof, and spending $1,650.00 was not the best use of money in retrospect. In lieu of the Au half, I might perhaps get "almost" two proof spouses or a good start in paying for this year's Buffalo proof... Decisions, decisions... However, the silver and clad sets are must haves. Hope the differences between SMS clad halves and "circulation" quality clads are obvious.
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 Posted 07/09/2014  12:31 am  Show Profile   Bookmark this reply Add jack jeckel to your friends list Get a Link to this Reply

Quote:
Might be a similar situation with last year's RP Buffalo, which didn't turn out to be that special after all


Wasn't the RP mintage 4 times that of the regular issue?

Sure mintage does not dictate value but I bet anyone with a RP will want a standard issue to go with it in the future and we will see prices rise.

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Bizybackson's Avatar
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 Posted 07/09/2014  01:27 am  Show Profile   Bookmark this reply Add Bizybackson to your friends list Get a Link to this Reply
Mintage isn't everything, supply and demand is, based perceived popularity, desirability and scarcity. The RP Buffalo can be had today for close to issue price and the market is over saturated for an expensive non-circulating coin that will see little attrition over the next 20-30 years. If the gold Kennedy mintage is anything like the RP Buffalo (47,536) at the end of sales, that may be too much for a high-end coin even for a popular subject as JFK. I'll watch the pace of sales and see what collectors are saying about the gold the first couple of weeks.

Edit--The question I'm really asking myself is how badly do I want the gold half? Last year at this time I really wanted the RP Buff and got one within the first week of the ordering window. This year I'm not so sure.
Edited by Bizybackson
07/09/2014 01:40 am
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Foxwoods Man's Avatar
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4901 Posts
 Posted 07/16/2014  1:43 pm  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
Per the Mint: all Kennedy coins will be minted to demand with no set mintage limits.

The gold will start with 40k on hand for shipment and more will be minted if needed
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SA4H's Avatar
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2764 Posts
 Posted 07/16/2014  3:04 pm  Show Profile   Bookmark this reply Add SA4H to your friends list Get a Link to this Reply
That will be interesting.
Do you know what's the mintage window (ie: 1 month, end of year, etc)?
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Foxwoods Man's Avatar
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 Posted 07/16/2014  4:17 pm  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
No mention of date restrictions but I would think they will mint as many as they think there will be orders for ....at least until 12/31/14 (still can sell after that date though)
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barryg's Avatar
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5850 Posts
 Posted 07/16/2014  7:09 pm  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply
I don't plan to actually buy five sets this time around the way I did with the 2011 ASE set, but I am totally pumped about this and plan on buying one of everything (including the gold coin). I have always been a huge fan of the Kennedy half dollar and may be one of the few people around here who hopes they never retire it or change it significantly. The thought of seeing it as a Reverse Proof or in Gold just makes me giddy and week in the knees...
Edited by barryg
07/16/2014 7:10 pm
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denco7's Avatar
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2543 Posts
 Posted 07/16/2014  8:13 pm  Show Profile   Bookmark this reply Add denco7 to your friends list Get a Link to this Reply
Here is NGC's new label for the Kennedy anniversary coins

50th-Anniv-Kennedy-Set-Details-From-Cw-Article

HERE is the accompanying article.
Edited by denco7
07/16/2014 8:17 pm
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Foxwoods Man's Avatar
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4901 Posts
 Posted 07/17/2014  06:54 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
It is a nice label but the grading fee of $65/coin plus shipping both ways kills the deal for me...Let's see what PCGS comes up with
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ilikeikes's Avatar
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1205 Posts
 Posted 07/17/2014  11:57 am  Show Profile   Bookmark this reply Add ilikeikes to your friends list Get a Link to this Reply
Bummed no limit, like 50k on Baseball gold..takes the air out of my desires, big time...since only 500 coins given away in Chicago,(at least Day 1), thus, probably 250 first people(2-coin limit, and, paid to stand in line by big dealers)..so..250 people get Chicago Label, and, THE most coveted coin to have..wonder if I could put my tent on entrance to Convention Center...TOMMOROW....will you guys bring me a porta-shower, porta pottie, and gallons of hot coffee? Will trade for 25% of profits!!!
Side Note...Gold KHD to be disbursed at DENVER & PHILADELPHIA Salerooms, when they open 8-5...I'm sure special labels will be made for THOSE coins...
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ilikeikes's Avatar
United States
1205 Posts
 Posted 07/17/2014  12:00 pm  Show Profile   Bookmark this reply Add ilikeikes to your friends list Get a Link to this Reply
PCGS

50th-Anniv-Kennedy-Set-Details-From-Cw-Article
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Darth Morgan's Avatar
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2815 Posts
 Posted 07/17/2014  12:10 pm  Show Profile   Bookmark this reply Add Darth Morgan to your friends list Get a Link to this Reply
The NGC label is far superior, IMO.
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ilikeikes's Avatar
United States
1205 Posts
 Posted 07/17/2014  12:17 pm  Show Profile   Bookmark this reply Add ilikeikes to your friends list Get a Link to this Reply
Overheard at PCGS Managers meeting yesterday.."Ask Not what your Label can do for you..ask what YOU can do for your label".."now..go out there and come up MORE label ideas"......
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 07/17/2014  12:33 pm  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
I haven't seen a grading cost from PCGS yet....I do agree that their label is a tad lame beside the NGC

also:


Quote:
250 people get Chicago Label, and, THE most coveted coin to have.


There will be 2500 gold available at the show...500/day

If you believe it is "THE most coveted coin to have" and want THE coin then just order it online. There will be PLENTY available.
Edited by Foxwoods Man
07/17/2014 12:44 pm
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ilikeikes's Avatar
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1205 Posts
 Posted 07/17/2014  12:42 pm  Show Profile   Bookmark this reply Add ilikeikes to your friends list Get a Link to this Reply
PCGS:


On-Site Grading Fees and Instructions to get the ANA First Strike label (request label #118):

$100 per coin â€" Proof 1964-2014-W Kennedy 50th Anniversary Gold Half Dollar

$75 per coin â€" Clad two-coin set (MS-P, MS-D).

$75 per coin â€" Silver four-coin set if available (PR-P, Reverse PR-W, Enhanced MS-S, MS-D)
PCGS Submission Guidelines

All coins must be 50th Anniversary Kennedy half dollars:
Proof 1964-2014-W Kennedy 50th Anniversary Gold Half Dollar
Clad two coin 2014 set: MS-P, MS-D
Silver four-coin set: PR-P, Reverse PR-W, Enhanced MS-S, MS-D (when released)
All standard First Strike rules will apply as described here.
Valid for Standard Service only (Secure not available).
Select 'Show' as the service level and under the 'Other' option notate 'Label #118'
This offer cannot be combined with any other offer or submission.
Turnaround time for on-site grading is by the End of Show.

For further details, please check with a PCGS Representative at the booth or contact us at 1-800-447-8848.
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