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JFK Gold Coin ($1240) To Be Released On Aug. 5 12:00 Pm Est

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stampvirgin's Avatar
United States
1247 Posts
 Posted 08/06/2014  12:08 pm  Show Profile   Bookmark this reply Add stampvirgin to your friends list Get a Link to this Reply
So, 20,000 grand for spending 4,960 PLUS 4 gold half dollars..so a 15k plus profit... nice day.

I saw in the article that they buyers plan to sell them on the tv show CoinVault..

Please tell me that people are not going to pay over 5k each?
They will probably sell them for over 7k each.
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CoinCollector2012's Avatar
United States
8137 Posts
 Posted 08/06/2014  12:49 pm  Show Profile   Bookmark this reply Add CoinCollector2012 to your friends list Get a Link to this Reply
Does anyone know if they have released a date when the silver set will go on sale? The gold coin is too expensive for me but I think I will get the silver set.
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 08/06/2014  12:57 pm  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
"Sometime" in the fall for the silver
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Elmo's Avatar
United States
84 Posts
 Posted 08/06/2014  1:25 pm  Show Profile   Bookmark this reply Add Elmo to your friends list Get a Link to this Reply
Lol, tried and untrue. Like saying "we tried nothing and we're all out of ideas"

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MoneyPenney's Avatar
Canada
2984 Posts
 Posted 08/06/2014  2:49 pm  Show Profile   Bookmark this reply Add MoneyPenney to your friends list Get a Link to this Reply

Quote:
Anyone have the number sold so far?


According to the US Mint, 56,694 of them were sold on the first day.

http://mintnewsblog.com/2014/08/ope...reach-56694/
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tpg22's Avatar
United States
919 Posts
 Posted 08/06/2014  3:08 pm  Show Profile   Bookmark this reply Add tpg22 to your friends list Get a Link to this Reply
Dealers at the ANA show were paying $2000+ to anyone that would stand in line and sell their coin to them. Some of the big online stores bused people in so they could buy up most of the coins. The hope is the special graded label carries a premium like it does with the Reverse Proof Buffalo.
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Buddy's Avatar
United States
7075 Posts
 Posted 08/06/2014  3:51 pm  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply
I heard several people talking about the first four who got the gold coins and the big money. They had been camping out since 10:30PM the night before.

So....good for them. I cannot for the life of me figure out why anybody has to have THE FIRST coins released -- but whatever.

Early yesterday afternoon, I saw dealers at the slab-it-now tables. Each of them had two to five of them to be slabbed.

I had wanted one, but there's no way I could stand in line for hours (I have MS) so I decided to forget about it and the more I think about it and about how many, many more MAY still be minted, I have decided to skip it entirely.
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jbuck's Avatar
United States
189767 Posts
 Posted 08/06/2014  3:52 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I heard several people talking about the first four who got the gold coins and the big money. They had been camping out since 10:30PM the night before.
Yup, linked here...

https://goccf.com/t/183431&whichpage=2#1694611
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Buddy's Avatar
United States
7075 Posts
 Posted 08/06/2014  6:44 pm  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply
well.... I 'thought' I'd read it all thoroughly. LOL

Must be really tired, eyes can't focus after looking at all those shiny coins.

People line up for new Apple products days ahead of time so a newly released coin is not as in demand as a cell phone that is nearly identical to its predecessor. At least the coins are actually worth something.
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stampvirgin's Avatar
United States
1247 Posts
 Posted 08/06/2014  7:11 pm  Show Profile   Bookmark this reply Add stampvirgin to your friends list Get a Link to this Reply
Had I lived in the area of the show... I would have been there easily, all night long with no problems, and brought people with me..

How many have you folks waited all night for black friday sales... to spend money..

at 2g+ profit for buying coins, I would have done it.
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CelticKnot's Avatar
United States
12851 Posts
 Posted 08/07/2014  12:27 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
I was traveling and couldn't participate in the madness and finally put my order in at about this time last night. Of course it's back ordered and the expected ship date is 9/10. We'll see if that gets pushed out. I'm debating whether to buy a 2nd one and sell for (hopefully) a profit to defray the cost of the one I'll keep. I expect I could at least recoup my costs plus a little, but would it be worth it? I certainly don't see these commanding 2x the retail price like the 25th Anniversary ASE sets. But retail plus $2-300? Perhaps. That would certainly help bring the coin closer to spot.
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jbuck's Avatar
United States
189767 Posts
 Posted 08/07/2014  10:51 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
People line up for new Apple products days ahead of time so a newly released coin is not as in demand as a cell phone that is nearly identical to its predecessor. At least the coins are actually worth something.
Truth.
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Darth Morgan's Avatar
United States
2815 Posts
 Posted 08/07/2014  10:57 am  Show Profile   Bookmark this reply Add Darth Morgan to your friends list Get a Link to this Reply

Quote:
I cannot for the life of me figure out why anybody has to have THE FIRST coins released -- but whatever.


Amen, brother. Amen.
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barryg's Avatar
United States
5862 Posts
 Posted 08/07/2014  11:31 am  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply
Hmmm... I received my e-mail confirmation from the Mint, but when I check the order status on-line I see the following:


Quote:
Order Status: Your order request is on hold


Not sure what that means...
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OldSkoolMadSkilz's Avatar
United States
2077 Posts
 Posted 08/07/2014  1:43 pm  Show Profile   Bookmark this reply Add OldSkoolMadSkilz to your friends list Get a Link to this Reply
I don't get it. Will it be worth more if it was purchased at the show? These can still be purchased on the mint web site at the regular price. I'd expect that they will be on sale through the end of the year.

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