| Author |
 Replies: 154 / Views: 20,856 |
|
|
|
Bedrock of the Community
13014 Posts |
Quote:
By the way, if the mint does make a gold version with a change in size (diameter, thickness, etc.) will it still be considered as part of the series? If you want it too. My guess would it would be treated like the 95 W ASE and most people will just pretend it doesn't exist. The gold is a wild card though since its not clear if they just want to charge a ton for it or will resize. Itd have a better chance of gaining widespread acceptance for complete sets if its the normal size, but even though most people will likely ignore it due to being priced out |
|
Moderator
 United States
187446 Posts |
Some people (and most albums) do not recognize the 1998-S Matte Proof. Good luck getting them to accept a gold Kennedy half dollar!  |
|
Pillar of the Community
United States
2815 Posts |
Quote:Some people (and most albums) do not recognize the 1998-S Matte Proof. Good luck getting them to accept a gold Kennedy half dollar! THIS, I like.  |
|
Pillar of the Community
United States
523 Posts |
That is exciting but I doubt I would buy a Gold one...Silver yes...Gold no unless it is much smaller than 1 ounce.
Still exciting news.
Edited by eSinger
02/02/2014 6:10 pm
|
|
Pillar of the Community
United States
2764 Posts |
Thank you Foxwoodman for starting the discussion. Very exciting.
My reaction: $20 for the clad set is good (reasonable pricing, this will rejuvenate and attract more collectors) - expect large mintage. $100 for the silver set is a bit too high ($80 as suggested is reasonable) - I am seeing the mintage in the hundred thousands set for this.
For the $0.50 Gold Kennedy, I am a bit confused on the Mint's plan. First off, if they stay true to Kennedy's denomination ($0.50) then the gold coin must be 1/10 the size of the $5 commemorative gold coin. If it's 1oz gold then the denomination will be $20..... this will be an odd-ball coin. This gold coin may end up crippling/damaging the marketing effort and the success of this 50yrs anniversary/commemorative even.
|
|
Pillar of the Community
United States
2815 Posts |
Instead of a gold version, what if the mint decided to make a 5 oz silver half dollar like the ATB Quarters? I would rather them do that. Granted, I don't want either produced, but I would prefer the silver 5 ouncer. Just a thought. |
|
Pillar of the Community
United States
523 Posts |
I just wanted to add that I would like to see this 50th coin made using the old 60's style dies. I like those better.
|
|
Valued Member
United States
301 Posts |
If they make a gold version of the half-dollar, I assume that they would make it the same diameter and thickness as a regular Kennedy. Don't know if it will be 4-nines fine or 90%AU/10%CU.
In any case the Gold would be out of my price range. I'd be in for the AG coins tho.
|
|
Pillar of the Community
United States
1254 Posts |
|
|
Moderator
United States
187446 Posts |
Thank you for the link. It seems that the question of whether or not the mint could issue the gold version without congressional approval has been answered... Quote:
The US Mint has broad authority via the Secretary of the Treasury to mint and issue gold coins. Under 31 U.S.C. § 5112(i)(4)(C), the Secretary may prescribe procedures and specifications for the minting and issuance of new gold coins, including the diameter, weight, fineness, or design. This authority was used to produce the immensely popular 2009 Ultra High Relief Double Eagle Gold Coin. |
|
Pillar of the Community
United States
2543 Posts |
Yet another article, long on speculation and short on definitives. So we have gone from speculating as to the possibility of a gold coin, to discussing the possibility of such a coin ? It is getting more annoying than anticipatory.  Quote:Quote:
Haven't we already determined that the Sec. of the Treasury can sign off on any of this stuff any time he/she wants ? As long as the design of coin is the same. ? No he can change the design, he can't change composition. And he can only change the design once it has been in production for 25 years. Well, at least according to this article, the Sec.of the Treasury has a lot of leeway in authorizing a new special coin Quote:
The US Mint has broad authority via the Secretary of the Treasury to mint and issue gold coins. Under 31 U.S.C. § 5112(i)(4)(C), the Secretary may prescribe procedures and specifications for the minting and issuance of new gold coins, including the diameter, weight, fineness, or design. |
|
Bedrock of the Community
United States
17884 Posts |
Quote:
First off, if they stay true to Kennedy's denomination ($0.50) then the gold coin must be 1/10 the size of the $5 commemorative gold coin. If it's 1oz gold then the denomination will be $20.. There is no reason it could not be the same size as the current half dollar,gold, and still fifty cents. there is not reason anymore for a coins denomination to relate to its size or composition except that it should be less than the value of the metal for gold and silver non-circulating or bullion type coins. Case in point the five oz hockey pucks are still quarters even though the are five times the weight of the silver eagles dollars. |
|
Pillar of the Community
United States
899 Posts |
I agree with Conder101... I doubt very much they'll issue the Gold Half as a $5 coin. I read the article and see nothing saying they are going to do that. This would be a collectors only release anyway and not for general circulation - so there is nothing that says the denomination needs to change. In fact this should help clarify the mints intent. (Also taken from Mint News Blog). The agenda for the forthcoming meeting of the Citizens Coinage Advisory Committee (CCAC) has revealed the United States Mint's plans to offer a special product featuring a 2014 Kennedy half dollar struck in 24 karat gold "Specifically the agenda includes "discussion of a 2014 24K Gold Kennedy Half-Dollar Special Product." Edited by Doug58s
02/04/2014 11:04 am
|
|
Pillar of the Community
United States
1795 Posts |
Wow can't wait to get em....They should be very collectible and be very collectible later! Hopefully they will do just that! I'll take the chance.
|
|
Valued Member
United States
406 Posts |
I am figuring that a Kennedy half dollar-size gold coin would be 11 or 12 grams. Anybody got a better approximation? Here is another article with more speculation that I just stumbled across. It says the CAC committee will consider the topic at its next meeting but frustratingly does not say when that is: http://www.coinnews.net/2014/02/04/...ial-product/ Best Regards,  George VDB Coins |
| |
Replies: 154 / Views: 20,856 |
First Page
Previous Page
Posted 02/01/2014 11:47 pm
