| Author |
 Replies: 31 / Views: 7,942 |
|
Pillar of the Community
United States
523 Posts |
I was bidding on something and I was floored. $1000+ What is up with this half? What am I missing? Heritage Auctions http://coins.ha.com/c/item.zx?saleN...o=4162#PhotoI see no issue with the mint mark? No doubling? Quote:
1964-D 50C MS67 PCGS. Small splashes of golden-brown toning appear on this coin, primarily on the reverse. A hair-thin mark is present near 11 o'clock on that side. A nicely struck Superb Gem, this coin has lovely eye appeal. Population: 31 in 67, 1 finer (4/14).(Registry values: N208) (NGC ID# 24U3, PCGS# 6707) Ok but $1000! I guess these are that rare... |
|
|
|
Pillar of the Community
United States
608 Posts |
It's a great looking coin, but I can not see the price. I guess my pockets are not deep enough.
|
|
Pillar of the Community
 United States
523 Posts |
Mine either, for that kind of money I can get a DCAM...wow. I thought I was missing something...
|
|
Pillar of the Community
United States
1817 Posts |
It's a condition rarity, the typical '64-D doesn't come as nice as that coin, which to the naked eye is almost flawless. The only reason I'd chase after that coin is if I were completing a #1 or #2 Kennedy registry set, and I'll bet you that's what those bidders are doing.
|
|
Valued Member
United States
406 Posts |
Actually the top five Registry Sets all have MS67 (or better) 1964-Ds and probably several more beyond that. Ours is #3 and we paid way over $1,000 for ours years ago. A friend has the sole MS68 PCGS 1964-D Kennedy half, a coin valued at $15,000 retail and the most amazing one you ever saw. http://www.pcgscoinfacts.com/Coin/Detail/6707A lot of the Kennedy halves are condition rarities in MS67-MS68 grade, where they need to have virtually flawless preservation. Best Regards,  George Edited by giorgio11
05/20/2014 08:15 am
|
|
Pillar of the Community
United States
523 Posts |
Quote:
Actually the top five Registry Sets all have MS67 (or better) 1964-Ds and probably several more beyond that. Ours is #3 and we paid way over $1,000 for ours years ago. I just was shocked but the answers here have helped explain it to me. I know these did not come out of sets. They must have been pampered after minting or something. Quote: A friend has the sole MS68 PCGS 1964-D Kennedy half, a coin valued at $15,000 retail and the most amazing one you ever saw. http://www.pcgscoinfacts.com/Coin/Detail/6707 For some reason I like the other one better. It just sticks out but toning is not my thing I guess. Quote:A lot of the Kennedy halves are condition rarities in MS67-MS68 grade, where they need to have virtually flawless preservation. Yeah I guess it makes sense now. When looking at these I realize just how nice they are and I have nothing even close.... |
|
Pillar of the Community
United States
8137 Posts |
According to Numismedia, the 1964-D half should sell retail for around $970. I would not pay more than that, so someone must obviously want to put together a really nice registry set. George, The Half in the link is a stunner!   |
|
Valued Member
United States
406 Posts |
Quote:
I just was shocked but the answers here have helped explain it to me. I know these did not come out of sets. They must have been pampered after minting or something. There were tons and gobs and gazillions of 90% silver 1964-P and -D Kennedy halves saved by the bag and roll back in the year that the design came out. Mint Director Eva Adams officiated over the introduction of the new design and blamed coin collectors for the shortage of silver, but there were many other factors at play as well. It is ironic that the Kennedy half design actually contributed to the demise of circulating silver coinage, an attractive new design of an admired president. The coins are popular to this day around the world. I heard back in the Soviet era that they were the quicket way to buy a pair of jeans on the Russian black market. But I digress. Anyway, if you search lots of BU 1964-dated rolls and can grade, you will quickly realize that most of the coins are only MS62-63, usually bagmarks/reeding marks being the problem. Seldom do you find Gems and finer. It is actually a lot easier to find Kennedy varieties from 1964 than say an MS66. Best Regards, George |
|
Valued Member
United States
406 Posts |
Quote:
According to Numismedia, the 1964-D half should sell retail for around $970. I would not pay more than that, so someone must obviously want to put together a really nice registry set. I believe that Numismedia is considered wholesale, not retail. Whatever those terms mean, which is not a great deal. Note that the PCGS CoinFacts price (which I do consider retail, but sometimes people pay a lot more) is $1,600. The last two ebay trades in MS67 PCGS were $1,211 and $2,095. A friend of mine sold a one-sided toner in that grade for $1,550 a couple of years ago. Auctions go to the highest bidder, not the middle of the pack. If you think these coins are common, let's see how many others of you have one in the same grade. Best Regards, George  |
|
Pillar of the Community
United States
523 Posts |
I know mine do not compare with these MS67 ones
|
|
Moderator
 United States
188216 Posts |
Quote:
I believe that Numismedia is considered wholesale, not retail The free price guides are retail. They do have wholesale guides for subscribers. |
|
Pillar of the Community
United States
523 Posts |
SO that price is on the high side...thought so
|
|
Valued Member
United States
406 Posts |
Now I'm confused. I have only ever seen the wholesale prices online. Jbuck where can I get one of these free retail price guides? And atsinger are you saying the $970 price is on the high side? Thanks both. Best Regards, George |
|
Pillar of the Community
United States
523 Posts |
|
|
Moderator
United States
188216 Posts |
Quote:
Jbuck where can I get one of these free retail price guides? The link that atsinger posted above. |
|
Pillar of the Community
United States
3755 Posts |
Simple. It is a condition rarity. They do not come in that grade a lot, so you can take the price guides and shred them on a coin like this. To say you would not pay more than some guide says means you just are not in the game for one of these coins. Had I the money, I would be all in on one like this. But I don't.
|
| |
Replies: 31 / Views: 7,942 |
Posted 05/19/2014 10:40 pm
