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Appreciation Of Coins That Come From Proof Sets?

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scottk's Avatar
United States
767 Posts
 Posted 05/10/2014  09:46 am Show Profile   Bookmark this topic Add scottk to your friends list Get a Link to this Message Number of Subscribers
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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matthewvincent's Avatar
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3486 Posts
 Posted 05/10/2014  10:00 am  Show Profile   Bookmark this reply Add matthewvincent to your friends list Get a Link to this Reply
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.
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SsuperDdave's Avatar
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23522 Posts
 Posted 05/10/2014  3:22 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

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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CelticKnot's Avatar
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12819 Posts
 Posted 05/10/2014  4:32 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply


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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muddler's Avatar
United States
7189 Posts
 Posted 05/10/2014  10:13 pm  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
The only Kennedy halves I collect are silver, same for Washington quarters and Roosevelt dimes. Yes they are all in intact proof sets but if you only collect the hall dollar feel free to collect the silver ones cracked from sets.
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smokeriderdon's Avatar
United States
3755 Posts
 Posted 05/11/2014  9:45 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list Get a Link to this Reply
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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United States
179 Posts
 Posted 05/12/2014  06:54 am  Show Profile   Bookmark this reply Add ambro51 to your friends list Get a Link to this Reply
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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smokeriderdon's Avatar
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3755 Posts
 Posted 05/12/2014  6:43 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list Get a Link to this Reply
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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halfhunter's Avatar
United States
530 Posts
 Posted 05/13/2014  12:57 am  Show Profile   Bookmark this reply Add halfhunter to your friends list Get a Link to this Reply
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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scottk's Avatar
United States
767 Posts
 Posted 05/13/2014  6:56 pm  Show Profile   Bookmark this reply Add scottk to your friends list Get a Link to this Reply
Any idea how many are minted in 2014?
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