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2019 Apollo 11 Commems - Released January 24th, 2019

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wyzeguy's Avatar
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 Posted 01/16/2019  11:56 am  Show Profile   Bookmark this reply Add wyzeguy to your friends list Get a Link to this Reply

Quote:
had no interest in the half dollar until this set with the special Kennedy was announced.


Same here. This set didn't even cross my mind til the point was made about the RP Kennedy.
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jbuck's Avatar
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 Posted 01/17/2019  11:25 am  Show Profile   Check omxfl's eBay Listings Bookmark this reply Add omxfl to your friends list Get a Link to this Reply
Just as an FYI and as this release is probably similar to the Baseball HOF comms from 2014, I collated the ebay sales data back then:

2019-Apollo-11-Commems---Released-January-24th,-2019

I can see the same happen with this release; i.e. a lot of hype, only for things to calm down again. Eventually, these may also sell for less than issue price. Well, we'll see.

I'm not buying any btw.
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wyzeguy's Avatar
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 Posted 01/17/2019  11:58 am  Show Profile   Bookmark this reply Add wyzeguy to your friends list Get a Link to this Reply
Were the mintages and coin sizes on the baseball comm similar to what the apollo will be?
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Alpha2814's Avatar
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 Posted 01/17/2019  12:49 pm  Show Profile   Bookmark this reply Add Alpha2814 to your friends list Get a Link to this Reply
Coin sizes tend to be very consistent. The maximum mintages between Apollo and the baseball series are also identical. How many are actually minted remains to be seen.

Limits:
Gold: 50,000
Silver: 400,000
Clad: 750,000

Baseball figures (proof/unc), from http://moderncommemoratives.com/201...ative-coins/
Gold: 32,427/17,677 -> 50,104 (over max?)
Silver: 268,076/131,924 -> 400,000 (at max)
Clad: 257,173/176,446 -> 433,619 (~58% max)

Edit to correct silver mintages, as noted below
Edited by Alpha2814
01/17/2019 2:17 pm
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BadDog's Avatar
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 Posted 01/17/2019  1:44 pm  Show Profile   Bookmark this reply Add BadDog to your friends list Get a Link to this Reply

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Eventually, these may also sell for less than issue price.

Now, nearly 5 years after issue, you can usually get proof half eagles for around 10-15% less than the issue price of $436.90, with the exception of TPG graded PR70 coins, which can typically be purchased for 10-15% over issue price.

The spot price of Au back in Mar 2014 was around $1,340 vs the current spot price of around $1,295. So, maybe half of the decrease in price is due to the decreased Au spot price, but IMHO the rest is due to lower demand.

Quote:
Baseball figures (proof/unc), from http://moderncommemoratives.com/201...ative-coins/
Gold: 32,427/17,677 -> 50,104 (over max?)
Silver: 68,076/131,924 -> 200,000 (50% max)
Clad: 257,173/176,446 -> 433,619 (~58% max)

The mintages shown in this post for the Ag $1 aren't correct. From 2017 Mega Red, the mintages for the Ag $1 were: 131,909 UNC, 268,076 PRF and total of 399,985. (Also, the website that Alpha referenced indicates the mintages as 131,924 and 268,076. Looks like Alpha somehow dropped the 2 from the 268,076 number ). The Ag $1 was also a sold out issue, but it didn't happen the first day as was the case for the half eagles. It took around 2 weeks for the Ag $1s to sell out.
Edited by BadDog
01/17/2019 2:27 pm
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Alpha2814's Avatar
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 Posted 01/17/2019  2:16 pm  Show Profile   Bookmark this reply Add Alpha2814 to your friends list Get a Link to this Reply
Yup, copy/paste error on my part. Thanks for the catch.
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 Posted 01/18/2019  4:40 pm  Show Profile   Bookmark this reply Add BadDog to your friends list Get a Link to this Reply
With all of the speculation about whether or not the Apollo half eagles and silver dollars will achieve sold out status, I was interested in going back and looking at all of the modern commemorative half eagle and silver dollars to see which others (if any) also achieved a sold out status

I defined sold out as meaning at least 99% of the authorized mintage was in fact minted. Using this as the criteria, there have been a few "sold out" modern commemoratives.

Just a couple of half eagles achieved sold out status.

The 1986 Statue of Liberty Half Eagle was sold out. It was the first ever commemorative half eagle. That, along with the general fanfare over the restoration of the statue, made it a very popular coin. With an authorized mintage of 500,000 and its sold out status, it has the 2nd highest actual mintage of any commemorative half eagle (only the 1987 Constitution commemorative is higher).

The only other commemorative half eagle to achieve sold out status was the 2014 Baseball HOF coin. The Baseball HOF had an authorized mintage of 50,000. The lowest authorized mintage up to that time (and since, although the 2017 Boys Town, 2018 BCA, this year's Apollo and American Legion coins and next year's Basketball coin also have authorized mintages of 50,000). Even though the authorized mintage for the Baseball HOF half eagles was low, in terms of actual mintage, these coins are pretty much in the middle of the pack with 21 out of 34 other UNC $5 and 14 out of 34 PRF $5 coins having lower actual mintages. The 2017 Boys Town half eagles with 2,947 UNC and 7,347 PRF coins are the low mintage half eagle coins.

There are 6 modern commemorative silver dollars that achieved sold out status. The latest one was, again, the 2014 Baseball HOF coin. The others were the 2010 Boy Scouts commemorative, the 2009 Lincoln commemorative, the 2001 Buffalo commemorative, the 1993 Jefferson commemorative and the 1992 White House commemorative. With authorized mintages ranging from 350,000 to 600,000 none of these coins had particularly low authorized mintages (at 200,000 the 1997 Jackie Robinson coin had the lowest authorized mintage). None of them have actual mintages that are particularly low for modern commemoratives either, as 48 out of 77 others have combined (UNC + PRF) mintages less than 350,000. The 2017 Boys Town coins with 12,234 UNC and 31,610 PRF coins are, again, the actual low mintage modern commemorative silver dollar coins.

This has been a long post, with a lot numbers, but it might have some food for thought for anyone thinking about going "all-in" on the Apollo coins before they jump in
Edited by BadDog
01/18/2019 4:42 pm
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 Posted 01/19/2019  2:14 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
Good points for sure.

However, I don't mind spending a little more on these coins to get them up front. Yes, I'll almost certainly be able to get them again aftermarket at a bit of a discount, but I won't be able to know how many hands they've been through at that point or what's been done with them.

I'm sure it's been noted but only the proof Kennedy half Apollo clad comes with the Kennedy set, so if you wanted both proof and UNC, you'd have to but at least the set and the UNC individually. I plan on getting at least 2 of these if I can.

I received the U.S. Mint snail mail flyer on the Apollo offerings a few days ago... they do look nice.

edit: corrected " Kennedy half" to "Apollo clad"
Edited by CelticKnot
01/19/2019 4:34 pm
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Alpha2814's Avatar
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 Posted 01/19/2019  3:41 pm  Show Profile   Bookmark this reply Add Alpha2814 to your friends list Get a Link to this Reply

Quote:
I'm sure it's been noted but only the proof Kennedy half comes with the Kennedy set, so if you wanted both proof and UNC, you'd have to but at least the set and the UNC individually.

The Kennedy in this set is Enhanced Reverse Proof, so if you want a regular proof, you still have to buy that separately. Or, if you want a really complete set of Kennedys, you have to buy this set in addition to the regular issues (or wait for the secondary market).
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 Posted 01/19/2019  3:53 pm  Show Profile   Bookmark this reply Add bzookaj to your friends list Get a Link to this Reply

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I'm sure it's been noted but only the proof Kennedy half comes with the Kennedy set, so if you wanted both proof and UNC, you'd have to but at least the set and the UNC individually.

I think you mean the Apollo clad half.
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CelticKnot's Avatar
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 Posted 01/19/2019  4:32 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply

Quote:
The Kennedy in this set is Enhanced Reverse Proof...


Quote:
I think you mean the Apollo clad half.


Ooops, that's right. Sorry, hadn't had my morning coffee. Corrected.
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jbuck's Avatar
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 Posted 01/20/2019  12:21 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

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However, I don't mind spending a little more on these coins to get them up front. Yes, I'll almost certainly be able to get them again aftermarket at a bit of a discount, but I won't be able to know how many hands they've been through at that point or what's been done with them.
I feel the same way.
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Foxwoods Man's Avatar
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 Posted 01/20/2019  06:50 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply

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Item Number: 19CF
Mintage Limit: 750,000 (across all half dollar products)
Product Limit: 100,000
Household Order Limit: 5


SO to be clear....the PRODUCT (two coin set) is limited to 100k. THe individual coins as a group of halves (PF, UNC & Kennedy) is limited to 750k total

There is nothing preventing the Mint from releasing more Kennedy's either individually or in a Kennedy set..nothing is listed to confirm this but it HAS happened before

If you think they will sell 650k unc's and additional PF's then there is no issue
Edited by Foxwoods Man
01/20/2019 06:51 am
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BadDog's Avatar
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 Posted 01/20/2019  07:15 am  Show Profile   Bookmark this reply Add BadDog to your friends list Get a Link to this Reply

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THe individual coins as a group of halves (PF, UNC & Kennedy) is limited to 750k total

By law, the Apollo half dollar is limited to no more than 750,000 (and this also includes whatever Apollo halves end up selling with the Australian coin as well).

There is no law to limit how many enhanced reverse proof Kennedy half dollar coins can be struck. Since the Kennedy coin is currently only available in the half dollar set, the Mint is indicating that they will strike no more than 100,000, but as you say, if the Mint decides to include the Kennedy coin in some other product, that can change .

I'm not saying the Mint will do this, but there is nothing that stops them from doing it
Edited by BadDog
01/20/2019 10:01 am
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