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A Look At The Top MS-69 Commem Half Dollars

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cc99999's Avatar
United States
1302 Posts
 Posted 07/11/2013  09:34 am Show Profile   Bookmark this topic Add cc99999 to your friends list Get a Link to this Message Number of Subscribers
http://www.coinweek.com/commemorati...9-short-set/

I'd love to hear commems comment on my latest overview of the "key date" modern commem half dollars. I throw down on two issues in particular, the Washington half and the Army half.

If you're familiar with my writing, you'll know that I've never been a fan of the 2011-D army half- but the historical dishonesty in the way the army half has been sold to the unsuspecting is interesting as well ... plus find out what happened to the sole MS-70 graded by PCGS.

c.
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basebal21's Avatar
13014 Posts
 Posted 07/11/2013  6:18 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Nice write cc. The modern commem halfs are one of my favorite series. I personally think the 5 star general will follow the path of the Army half with only 1 getting a PCGS MS 70 and they arent exactly flying off the shelf last time I checked. I had to look through 10 of them just to find two 69s. For whatever reason Denver doesn't seem to be able to make a high quality commemorative half by todays standards.
Valued Member
United States
317 Posts
 Posted 07/12/2013  01:48 am  Show Profile   Bookmark this reply Add PennyPiggy to your friends list Get a Link to this Reply
I enjoyed reading that article. Learned a few things there.

On a side note, I'm really tired of the 69/70 premium issue.

I think basebal addressed it on another thread, where a 70 from pcgs might bring a better premium than a 70 from ngs, and to me it just spells racket to me.

its not good enough that a coin is a 70 but now its a better 70 if it comes from pcgs? I don't like it.

CCF Master Historian of USA Commemoratives
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commems's Avatar
United States
12379 Posts
 Posted 07/12/2013  4:30 pm  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply
I enjoyed reading the article very much! It provides useful information and a well-reasoned perspective for those collecting the modern US commemorative half-dollar series. The historical charts of the market pricing for the coins you covered were a great summary of what has transpired in the secondary market for these coins over the past decade or so.

I definitely agree with your thoughts concerning how the series should be pursued for the "sheer enjoyment" of collecting. I maintain that such a philosophy would be a good one for the entire modern US commemorative coins - gold, silver and clad. There just isn't enough of a collector base for each of the series to create a strong secondary market. Sure there are a few coins that command reasonably strong prices in the market, but even many of those have seen significant falls in market value - just look at the history of the Jackie Robinson gold $5.00 coin in uncirculated!

The history of market values for the 1982-D uncirculated Washington 250th anniversary silver half-dollar is certainly one of the series' more dramatic stories. The fall from $900+ price points to today's $150 or so (for a truly nice example) certainly illustrates the danger involved in approaching modern commemoratives (of any country) with an eye toward "investment" potential.

Regarding the 1982-D Washington, I will say that my inspections of recently graded coins have led me to believe that "market pressures" have caused the grading standards for MS-69 examples to loosen. I have examined a number of recently-slabbed coins (i.e., graded/certified over the past couple of years) that were in MS-69 holders but featured enough visible scratches, in number and severity, to argue against such a lofty grade - at least if my grading eye is part of the argument!

Interesting perspective on Krawczewicz's use / depiction of the lane divider on the 1996 Atlantic Olympics Swimming half-dollar - fesse raguly - not sure, but I'm no heraldry expert!

Good stuff!


Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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specksynder's Avatar
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1080 Posts
 Posted 07/15/2013  5:53 pm  Show Profile   Bookmark this reply Add specksynder to your friends list Get a Link to this Reply
It sounds like coins in the condition of my 82-D Geo. Washington are more rare:

A-Look-At-The-Top-MS-69-Commem-Half-Dollars
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nickelsearcher's Avatar
United States
15662 Posts
 Posted 07/17/2013  7:46 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
Very nice article CC ... I enjoyed the part where you stated that the only MS70 was actually returned and became an MS68!

Would like to know how that happened.


Quote:
condition of my 82-D Geo. Washington are more rare:


Indeed ... keep it up for the entire series and then you can join us low-ball collectors of the classic silver commemorative series.

David
Take a look at my other hobby ... http://www.jk-dk.art
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