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1971-S Kennedy Halves

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WheatBack's Avatar
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 Posted 08/06/2013  10:25 pm Show Profile   Bookmark this topic Add WheatBack to your friends list Get a Link to this Message Number of Subscribers
Since I'm still somewhat a novice, I'm curious to know what would be a good buying and selling price for a 1971-S Kennedy half? If I were to sell them to a LCS, what would be a general under retail price they would buy them for? Are the rest of the 1970 proof Kennedys in the same general price range?

Sorry for the all the questions. Still trying to learn.
Edited by WheatBack
08/06/2013 10:25 pm
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coinkid's Avatar
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114 Posts
 Posted 08/06/2013  10:32 pm  Show Profile   Bookmark this reply Add coinkid to your friends list Get a Link to this Reply
No problem- never apologize for learning and asking questions! The value of the 1971-S is actually a lot less than the 1970-S. This is because of the 40% Silver Content in the 1970-S Kennedy half. I'd say that the 1971 is worth about $2, while the 1970-S is worth about $9. The coin store would probably buy them for $1 and $6, respectively. These prices would obviously jump if the coins are certified and have high grades, making them conditional rarities. Let me know if you need anything else!
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WheatBack's Avatar
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 Posted 08/06/2013  10:43 pm  Show Profile   Bookmark this reply Add WheatBack to your friends list Get a Link to this Reply
Thanks for the swift reply, Coinkid. The reason I asked is I recently bought 10 1971-S Halves for $20 averaging each coin out to be about $2. For the rest of the clad series halves, would they generally run about $2 a piece?
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coinkid's Avatar
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 Posted 08/06/2013  11:06 pm  Show Profile   Bookmark this reply Add coinkid to your friends list Get a Link to this Reply
Well, it's obviously going to vary from coin to coin, and date to date. But expect them to be generally the same, except the 1979-S and 1981-S with a "clear S" (this is known as Type 2)
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WheatBack's Avatar
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 Posted 08/06/2013  11:10 pm  Show Profile   Bookmark this reply Add WheatBack to your friends list Get a Link to this Reply
Thanks. That clears things up a bit more. I decided to take a shot on the 10 halves I bought. Looks like I did alright on them.. now I just have to wait for them to arrive!
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coinkid's Avatar
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114 Posts
 Posted 08/06/2013  11:23 pm  Show Profile   Bookmark this reply Add coinkid to your friends list Get a Link to this Reply
Yeah! Kennedies are one of the most highly regarded modern series; Commemorating JFK's Assassination, most coins are exceedingly affordable in very very high grades. A good value.
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 Posted 08/07/2013  10:17 am  Show Profile   Bookmark this reply Add DavidFNYC to your friends list Get a Link to this Reply
coinkid: "Well, it's obviously going to vary from coin to coin, and date to date. But expect them to be generally the same, except the 1979-S and 1981-S with a "clear S" (this is known as Type 2)"

I collect both Kennedy halves and SBA dollars and this is an issue in both cases.

This is certainly true of the 1979 variety, where the difference in mint marks is between a blob and a real "s," but the 1981 Type 1 and Type 2 mint marks are both crystal clear, so the "Clear S" term doesn't apply in the least bit and is the root of a lot of confusion and in my opinion, fraud. I wish I had a nickel for every 1981 type 2 proof set I bought only to see that it was a type 1.

The difference between 1981 type 1 and type 2 S mint marks is the type 2 has a bulbous serif and the type 1 does not.

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