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 Replies: 729 / Views: 54,931 |
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Pillar of the Community
United States
7390 Posts |
I think truman may retain top premium status only due to the fact that it was a surprise and had a huge hh limit. Which meant less flippers and more collectors keeping 3, 4, 5 or more for themselves taking them off the market. Of coarse some will be sold here and again in the future but the way it played out with less flippers and more collectors keeping multiples I'm thinking truman could be the "super" key.
Does that make sense in a vauge way to anyone or am I just rambling here
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Pillar of the Community
United States
1913 Posts |
I have five Truman's and two Ike's, so your logic exactly reflects my situation. I'm not planning on selling the three extra Truman's that I have any time soon.
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Moderator
 United States
188660 Posts |
I agree, the different household limits affected the market distribution.
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Valued Member
United States
156 Posts |
The Truman's still have a lead on the number of ebay completed sales. So going by raw numbers, there have been more Truman's sold on the secondary market than the ikes so far. Now granted, that is just ebay and the Truman's have been out longer. But based on that,one can't say that the HH limit affected anything yet. In fact, the higher HH limit of Truman may have made it easier for more to make it to the secondary market since a reseller could more easily get larger quanties. Time will tell. |
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Pillar of the Community
United States
2077 Posts |
The major difference between the Truman adn Ike release is that most of the buyers for Truman were collectors who bought some for their collection and some to fund their collection. For the Ike, a lot of the sales were people who were told by their friends to buy it. They wanted to get out quick, so the prices plunged. The prices will eventually balance out. Also, The minor quantity difference doesn't really make one any more key than the other. I think the Kennedy set will do miserably. It will sell out, but we'll see lots on ebay up through next summer. |
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Valued Member
United States
156 Posts |
Idk. Kennedy is still a VERY popular president. Probably the most popular in the past 50 years, especially with baby boomers. Not to mention him already being on the 50 cent piece so lots of Kennedy collectors out there.
I can see the need for the higher mintage.
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Pillar of the Community
United States
4211 Posts |
Last time I looked the Teddy Roosevelt C & C set was selling for slightly more than the Truman and Ike. It would be the only one I don't have..... Just my luck
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Pillar of the Community
United States
2077 Posts |
Quote:
Idk. Kennedy is still a VERY popular president. Probably the most popular in the past 50 years, especially with baby boomers. Not to mention him already being on the 50 cent piece so lots of Kennedy collectors out there.
I can see the need for the higher mintage. True, but look how long it took for the K13 and K14 sets to sell out. And you can currently pick them up for under issue price. The Kennedy RP won't fall below issue price, but it will always have a much lower value than the Ike and Truman sets. |
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Moderator
United States
188660 Posts |
Interesting diversity of opinion here. It is what I expect. We would all be rich by now if it were really that easy to understand all of the dynamics and accurately predict the final results.  |
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Valued Member
United States
156 Posts |
I agree that it will probably have a lower 'value' attached to it because of the higher mintage number. But the main thing I disagree with is your impression that it will do 'miserably'. Is a value of double the issue price 'miserable'? I could see it stabilizing in the $125-150 range.
I also think comparing this to the 2014 issues is not a very good comparison. Correct me if I am wrong, but my understanding is that the K14 had nothing unique in its set, and was just the packaging. And the K13 was overpriced from the mint. Plus they had much larger mintage numbers, over 200,000
I can see these having a higher demand on the secondary market than both Truman and IKE due to it being Kennedy, however I also agree that supply will be larger as well. So prices will be lower but not miserable.
Just my opinion though.
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Moderator
United States
188660 Posts |
K14 was unique in that it has high relief coins. High relief became the norm for 2015 mint set half dollars, but were only issued in the K14 set for 2014.
I do not think K13 was overpriced, but it may have been over-minted.
For the record, I have both sets.
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Pillar of the Community
United States
1913 Posts |
The K13 set was a much better value than the K14 set. Both have unique coins, but the K13 coins cost $5 each as opposed to $25 each. I do realize that the K14 coins are silver, but you're talking a value of less than $5 per coin at current silver prices. Quote:
High relief became the norm for 2015 mint set half dollars, but were only issued in the K14 set for 2014. Are the ones available in rolls from the mint high relief as well or are they the older flat relief? |
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Valued Member
United States
156 Posts |
I did not realize they were high relief. Thanks for the info. :)
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Valued Member
United States
156 Posts |
As an fyi, Opening day sales of K14, the 4 coin Silver Kennedy set in different finishes was over 84,000 sold.
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Moderator
United States
188660 Posts |
Quote:
Are the ones available in rolls from the mint high relief as well or are they the older flat relief? I believe they are the lower relief. Someone will have to confirm. In the past the mint set half dollars were minted slow with higher pressure, as all mint set coins are minted, while bags and rolls were minted as business strikes (even though the were NIFC). Quote:
As an fyi, Opening day sales of K14, the 4 coin Silver Kennedy set in different finishes was over 84,000 sold. Would have been a day one sellout at a 75k limit. |
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Posted 09/02/2015 10:59 pm
