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 Replies: 19 / Views: 2,432 |
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Bedrock of the Community
United States
10038 Posts |
I uess its been awhile since I checked mintages on the silver proofs. I was unaware the 2015 silver proof had been made in less numbers. However, according to: https://en.wikipedia.org/wiki/Kenne...tage_figuresNote all the following mentioned are silver proof halves. The 2012 mintage is only 395,233 and the 2015 is 387,311, and the 2016 is 353,205 It seems they have been reducing the mintage over the last 3 years. When the 2012 came out, it was the new key to the series. As has been mentioned, the proof sets were stopped short that year. Perception of the masses I guess has kept the price high. |
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Valued Member
 United States
160 Posts |
Earle42, actually the 2012 silver had the Limited Edition Set which added another 45,000 roughly more coins to the regular silver proof set mintage of 395,233.
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Valued Member
United States
160 Posts |
jbuck,
Yes, I knew about the sales of the 2012 being stopped early, but its hard to believe that after 5 years some people still don't know that its no longer the lowest mintage, I mean, all you have to do is look it up.
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Valued Member
United States
160 Posts |
Mintage's of the silver Kennedy have been trending down every year lately, no reason to believe that will change, don't see anything on the horizon to cause an increase in demand for the coin, do you? Come to think of it, the Mint doesn't still produce coins to meet demand anymore do they? They are in business now to limit production to create demand, and higher prices in the secondary market.
Edited by jmgi
11/30/2017 12:10 pm
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Moderator
 United States
189222 Posts |
The market does what the market does.
All it takes is one 2012 speculator to cash in their hoard to get the market corrected.
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Valued Member
United States
160 Posts |
Well, if they're smart they would dispose of their hoard gradually.  |
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Valued Member
United States
406 Posts |
I eventually want to get a 2012-S silver proof Kennedy but I'm going to wait until the price becomes something closer to what I am willing to pay. I'd rather take that extra money and invest it towards my 7070, to be honest.
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Valued Member
United States
160 Posts |
ljenkins990,  Me too on the 2012-s. |
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Bedrock of the Community
United States
94367 Posts |
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Valued Member
United States
160 Posts |
Coinfrog, Why don't you post something better so we can really learn something.  |
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Moderator
United States
189222 Posts |
Quote:
Well, if they're smart they would dispose of their hoard gradually. Which is why the price has not come down. The people who managed to buy in quantity now have a residual income. Sell one or two a month.  |
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Bedrock of the Community
 United States
12845 Posts |
Quote:
...but its hard to believe that after 5 years some people still don't know that its no longer the lowest mintage, I mean, all you have to do is look it up. Remember we're dealing with the same populace that buy sets/coins on ebay for large markups that are currently available from the U.S. Mint at retail. |
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Valued Member
United States
160 Posts |
CelticKnot, Yep, don't understand that one. Maybe people are just so used to shopping Amazon and ebay nowadays that it never even enters their mind to go to the Mint for coins, who knows? |
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Valued Member
United States
406 Posts |
The Amazon/eBay habit can be hard to break, not just for coins but for other things as well. I collect vintage DAW "yellow-spine" sci-fi novels, and there have unfortunately been too many times when I buy one from Amazon, including shipping, then a week later I see it at the used bookstore for half of what I paid...  |
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Moderator
United States
189222 Posts |
Quote:Remember we're dealing with the same populace that buy sets/coins on ebay for large markups that are currently available from the U.S. Mint at retail. Good point. |
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Replies: 19 / Views: 2,432 |
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First Page
Posted 11/30/2017 11:50 am
