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

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BStrauss3's Avatar
United States
4594 Posts
 Posted 08/08/2014  1:58 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
Most of the 'task rabbits' were figuring out meals, sleep, transportation home and/or when to line up for the next night. When I left at 5:30p on Wednesday there were already 50 in line.

Now I did see several examples of the coin and it is LOVELY. I'm not cancelling my online order and I will keep it for my collection. My beef is solely with the label malarky.
-----Burton
50+ year / Life / Emeritus ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club
Owned by three cats and a wife of 40+ years (joined 1983)

Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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Buddy's Avatar
United States
7075 Posts
 Posted 08/08/2014  7:01 pm  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply

Quote:

Quote:
Once those people were registered they would be allowed to wander about throughout the entire show just like any serious collector would.

Not a really valid complaint as anyone who paid the $6 registration fee would be allowed to wander about the entire show. Not nee



I agree. You make a valid point. I was trying to be delicate in my description of the hired hands. I do not like to judge by appearances and I do feel sorry for people who are in dire situations regardless of the reason for their circumstance. But having dozens of them, perhaps tired, perhaps hungry, etc. makes me think of playing with matches near a powder keg. It could have turned into a mess and I can't help but think that a lot of the security guards there were hired to protect the merchandise and would not have been free to help anyone except for the dealers that hired them.

The people expressing concern were not the dealers with private security guards in the premium area, but the dealers who were sharing a spot or clubs that had some merchandise or prizes.

Anyway, there could have been hundreds of plainclothes security guards.... I don't know.

It's just a shame that people felt so uneasy. Still, as far as I know, nothing went wrong at the show.
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stampvirgin's Avatar
United States
1247 Posts
 Posted 08/08/2014  7:47 pm  Show Profile   Bookmark this reply Add stampvirgin to your friends list Get a Link to this Reply
I don't believe that us mint stopped sales for safety reasons..
that is the excuse they are giving. I think they stopped sales because someone might actually care about coin collectors.
and they are unhappy, they aren't making the huge profits.
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ghostrider's Avatar
United States
1116 Posts
 Posted 08/08/2014  7:57 pm  Show Profile   Bookmark this reply Add ghostrider to your friends list Get a Link to this Reply
Went to a LCS yesterday and asked their feeling about the gold kennedy. They say that they have over 20 and are not sure what their price will be. They said that they will be evaluating the coins marketability before getting the coins graded and setting a price for them.

Malarky......................
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BStrauss3's Avatar
United States
4594 Posts
 Posted 08/08/2014  8:47 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
Somebody stood in line for 8-12 hours and expects a fair return for it. So 1240 + 250 + 100 for the label -- their cost is 1600. If he doesn't flip 'em quick that's a lot of cash to tie up in an asset that might crater in value.
-----Burton
50+ year / Life / Emeritus ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club
Owned by three cats and a wife of 40+ years (joined 1983)

Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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Bizybackson's Avatar
United States
1817 Posts
 Posted 08/08/2014  10:07 pm  Show Profile   Bookmark this reply Add Bizybackson to your friends list Get a Link to this Reply

Quote:
I was trying to be delicate in my description of the hired hands.


In effect, buddy, what you're saying without pointing out the obvious was the proxy buyers weren't the typical gun/coin show attendee, i.e., a stolidly middle class older white male. Maybe that's why I never have felt comfortable going to coin shows because I don't fit that demographic either.

Wow.

A public relations disaster for the U.S. Mint from many angles, some which will be certainly from the mainstream press. Maybe that will curtail their desire to emulate the RCM or Perth, as they'll never consciously plan on doing this kind of crazy release again. By comparison the 25th Anniversary ASE set release was a veritable garden party compared to the scenes at the four different venues this week.

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tpg22's Avatar
United States
919 Posts
 Posted 08/12/2014  3:09 pm  Show Profile   Bookmark this reply Add tpg22 to your friends list Get a Link to this Reply
I'm sure others have seen it but APMEX wants $5000 for a PR70 Chicago labeled Kennedy. That is a "Sale" price.
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BStrauss3's Avatar
United States
4594 Posts
 Posted 08/12/2014  4:10 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
And I want a pony. We'll see if EITHER of us get our want.
-----Burton
50+ year / Life / Emeritus ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club
Owned by three cats and a wife of 40+ years (joined 1983)

Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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stev18's Avatar
United States
329 Posts
 Posted 08/12/2014  11:16 pm  Show Profile   Bookmark this reply Add stev18 to your friends list Get a Link to this Reply
Any other reputable sites have pcgs pr70 available for presale or sale? I can only find ANA labels for 5k and I don't subscribe to that money for a label
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wif99's Avatar
United States
377 Posts
 Posted 08/14/2014  8:31 pm  Show Profile   Bookmark this reply Add wif99 to your friends list Get a Link to this Reply
Ordered 3 Coins at 1:02 Aug 5

Got shipping notice today, Due to arrive Monday
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barryg's Avatar
United States
5863 Posts
 Posted 08/14/2014  9:40 pm  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply
Just got my shipping notice as well. Sadly, I'll be traveling all next week, so I'll have to wait awhile before I can see it (and hope that my family doesn't open the package and destroy it before I get home...)
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tpg22's Avatar
United States
919 Posts
 Posted 08/16/2014  11:06 am  Show Profile   Bookmark this reply Add tpg22 to your friends list Get a Link to this Reply
Already down $600 at APMEX. Now asking $4395.
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macmercury's Avatar
United States
5837 Posts
 Posted 08/18/2014  6:13 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
MCM has it at $1699 for NGC Proof 70 UC, appears there are plenty of 70's graded. +Free Domestic shipping.
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tpg22's Avatar
United States
919 Posts
 Posted 08/18/2014  6:14 pm  Show Profile   Bookmark this reply Add tpg22 to your friends list Get a Link to this Reply
macmercury, thanks for the update. That is not a bad markup if you are getting a PR70 and delivered. Higher then it was for the RP Buffalo but this one is much more popular.
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paleoguy45's Avatar
United States
2936 Posts
 Posted 08/18/2014  7:31 pm  Show Profile   Bookmark this reply Add paleoguy45 to your friends list Get a Link to this Reply
My one was delivered today. Great looking with very nice OGP. It's going to the "bomb shelter"..
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