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Replies: 9 / Views: 2,427 |
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Pillar of the Community
United States
767 Posts |
Hi. I'm just a couple of months in to coin collecting, and I know very little about this sort of thing. I've been looking at those new 90% silver proof Kennedy halves. These only come in proof "sets" from the US mint right? You can't buy them like uncirculated silver eagles from what I understand. The only way I've seen to buy them individually is at auction - from people who have taken them out of proof sets. Considering this (if what I say is correct), will these halves ever have the same kind of numismatic value as other coins that were individually released like 1964 Kennedy halves, Peace dollars, Mercury dimes, or whatever? Or will they be looked down upon, and be of lesser value because they were part of a set? I really like these coins, but I haven't bought any yet, because that situation is a little confusing to me. Any advice appreciated. Scott.
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Pillar of the Community
United States
3486 Posts |
The 1970-D Kennedy half comes to mind. It was only released in sets, and collectors feel it necessary to include it to make their sets 'complete.' Does it look like all of the other Kennedys? If so, well, history often repeats itself. Welcome and enjoy the group.
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Moderator
 United States
23522 Posts |
Quote:Considering this (if what I say is correct), will these halves ever have the same kind of numismatic value as other coins that were individually released like 1964 Kennedy halves, Peace dollars, Mercury dimes, or whatever? Or will they be looked down upon, and be of lesser value because they were part of a set? Welcome to Coin Community, scottk. The fact that they came from a set won't have any bearing on how they're perceived by the market, aside the fact that some might shun them out of dislike for the concept of breaking up a set. I'm a bit of that opinion myself, believing that a set should remain a set.
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Bedrock of the Community
 United States
12819 Posts |
 Correct that the 90% Kennedy's only come in U.S. Mint Silver Proof sets and are not available for individual purchase from the U.S. Mint. Regardless of popular opinion, they will always at least have their intrinsic metal value. Personally, I think they're outstanding. Like SsuperDdave, I don't break them out of the sets myself, but if someone has taken the time to do that, I will certainly add it to my album.  Good luck and have fun!
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Pillar of the Community
United States
7189 Posts |
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Pillar of the Community
United States
3755 Posts |
I get two silver proof sets every year. One to keep as is, one to break up for my Dansco albums.
Yes, their value will increase over time. They are lower minted coins and ARE part of the series. Being only in the proof sets do not exclude them from numismatic concerns.
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Valued Member
United States
179 Posts |
Supply FAR exceeds demand. Forget about value appreciation ( for decades) so just enjoy them for what they are. 200 years from now these proof sets will still be common.
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Pillar of the Community
United States
3755 Posts |
ambro, not sure how you can say that. Considering only 92 and 03-06 are over 1 million minted. Right now the 09-12 sets are selling for significant premiums over their issue price.
1992 1,009,586 1993 570,213 1994 636,009 1995 549,878 1996 623,655 1997 605,473 1998 638,134 1999 804,565 2000 965,421 2001 889,697 2002 892,229 2003 1,125,755 2004 1,175,934 2005 1,069,679 2006 1,054,008 2007 875,050 2008 763,887 2009 694,406 2010 585,414 2011 574,175 2012 395,443
With numbers like that, I do not see how you can justify your statement.
Edited by smokeriderdon 05/12/2014 6:44 pm
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Pillar of the Community
United States
530 Posts |
Ambro, Just checked ebay, the lowest "buy it now" for the 2012 silver kennedy is 114$, lowest current auction is 84$ with 15 bids and 2 days left. Got mine for 20$. Already bought my 2014 silver ken for 20.75.
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Pillar of the Community
 United States
767 Posts |
Any idea how many are minted in 2014?
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Replies: 9 / Views: 2,427 |
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