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

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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 08/19/2014  07:07 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply

Quote:
MCM has it at $1699 for NGC Proof 70 UC, appears there are plenty of 70's graded. +Free Domestic shipping.


I was going to buy those and found a couple for around $1600 (1604/1614) from Paradise Mint (on ebay) also with free shipping and no charge for CC use. Went with those...be patient...there will be a lot out there VERY soon. Right before AND after I bought mine someone paid $1750 for the same coin.

Be patient grasshopper.....
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macmercury's Avatar
United States
5837 Posts
 Posted 08/19/2014  5:52 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
It seem that there are enough MS 70's for every collectors, prices will not go anywhere but mint issued price in the future, but if the Mint decide to stop production say 100K? That maybe a difference story!

Anyone has figure how many been sold so far?
Edited by macmercury
08/19/2014 5:53 pm
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Petersun's Avatar
Canada
1700 Posts
 Posted 08/19/2014  5:56 pm  Show Profile   Bookmark this reply Add Petersun to your friends list Get a Link to this Reply
Wow, speaking of a value that appreciates, the US Mint is not too overpriced compared to RCM. Gold has actually gone above the $1600s in the past, and very likely, it will again in the future.
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 08/19/2014  6:19 pm  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply

Quote:
It seem that there are enough MS 70's for every collectors, prices will not go anywhere but mint issued price in the future, but if the Mint decide to stop production say 100K? That maybe a difference story!

Anyone has figure how many been sold so far?


Yes there will be a decent amount of PF70's (not MS) around.

I really doubt if the 70 ER/FS or the raw and PF69 will equal the "Mint issued price" of $1247

I don't think the total minted will be above 75k and probably a bit less..so it will be "a difference story"

63,521 sold as of Sunday
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macmercury's Avatar
United States
5837 Posts
 Posted 08/19/2014  6:27 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
"Noted" Foxwoods Man!

NICE! If mintage figure around 75K, it would be 25-30% less than the 2009 UHR gold coin.
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Hollywood's Avatar
United States
1228 Posts
 Posted 08/19/2014  7:12 pm  Show Profile   Bookmark this reply Add Hollywood to your friends list Get a Link to this Reply
There are seven different varietys I wonder if someone will find mule error $

http://www.coinworld.com/insights/m...-errors.html

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BadToTheBone's Avatar
United States
1795 Posts
 Posted 08/19/2014  8:49 pm  Show Profile   Bookmark this reply Add BadToTheBone to your friends list Get a Link to this Reply
I ordered mine from the mint and plan to submit mine for grading with either PCGS or NGC from the prices I have seen for MS69/70; I will save money for sure.
Bedrock of the Community
Conder101's Avatar
United States
17884 Posts
 Posted 08/20/2014  09:41 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Even if they come back as 68's?
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BadToTheBone's Avatar
United States
1795 Posts
 Posted 08/20/2014  8:22 pm  Show Profile   Bookmark this reply Add BadToTheBone to your friends list Get a Link to this Reply
@ Condor101 Hmmm that would be a bummer but I will live with it; but then you hear the quality of the coins minted now so I'm willing to take the chance. My real decision is what Grading Company.
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 08/21/2014  07:25 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
If you do not belong to either PCGS or NGC than that is an additional cost added to grading fees...so figure around $150 for the one coin.

The quality, depending on what you read, does seem to be pretty good. I looked for POP reports from both companies and I couldn't find any yet. I bet they will lean strongly in favor of the 70's.

Obviously the choice of companies is your preference. Personally I like the NGC "Ask not" label hands down over the kinda blah PCGS label. I can't compare selling prices since PCGS seems to have shipped only the ANA Chicago coins so far.

Also...I checked over 50 completed sales from both companies and saw only 3 PF69's...I should add that a PF69 from the ANA Chicago initial release sold for only $1349 which doesn't bode well for a non-show 69.
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macmercury's Avatar
United States
5837 Posts
 Posted 08/21/2014  5:30 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
Got both of my gold Kennedy today, not thrill with one of them, so it goes back to the Mint. I may have to buy one after market slab also.
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BadToTheBone's Avatar
United States
1795 Posts
 Posted 09/04/2014  3:51 pm  Show Profile   Bookmark this reply Add BadToTheBone to your friends list Get a Link to this Reply
Just got mine today in the mail from UPS. Great looking coin and I'm certainly not worried about sending it in for grading if I don't buy a slabbed coin and keep it intact in the mint packaging. As far as to what grader I believe I will go with NGC because after dealing with PCGS I think NGC will give me a better shake. That being said my total cost was 1282.45 from the Mint!
Valued Member
wif99's Avatar
United States
377 Posts
 Posted 09/04/2014  3:56 pm  Show Profile   Bookmark this reply Add wif99 to your friends list Get a Link to this Reply

Quote:
I believe I will go with NGC because after dealing with PCGS I think NGC will give me a better shake


By a Better shake Do you think they grade easier so therefor a 70 may not be a 70 at PCGS?
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BH1964's Avatar
United States
10982 Posts
 Posted 09/04/2014  5:48 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
@BadToTheBone: Seeing as how you paid the $1300+ gold price for yours and are now thinking of submitting for grading? I would return your coin to the mint and buy an NGC certified PF70DCAM. This one sold for $1325 on ebay yesterday: http://www.ebay.com/itm/2014-W-GOLD...em4adb1ded77

Prices are at a low right now. With ebay Bucks and CC Cashback you might get another 3%-4% off the ebay prices and get a 70 graded coin for less than the $1282 you already spent. Just a thought for you to consider.
ANA #R3154474
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BadToTheBone's Avatar
United States
1795 Posts
 Posted 09/04/2014  7:45 pm  Show Profile   Bookmark this reply Add BadToTheBone to your friends list Get a Link to this Reply
@BH1964 Yes that is certainly something to consider but I will keep what I have from the mint because I like the look of the Kennedy from the mint and I also believe not in my lifetime but in the future the Mint Set will increase in value. So when the children sell the collection it will increase somewhat in value. So if I see another slabbed MS70 cheaper I will get it.
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