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1983 Kennedy Half Price

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 Posted 09/04/2014  11:00 am Show Profile   Bookmark this topic Add CSOTUS to your friends list Get a Link to this Message Number of Subscribers
Was looking in the Red Book and on usacoin and both have the 1983-P and 1983-D Kennedy halves selling at a premium over the other 80s Kennedys. The mint of the 83 was actually the highest ever at 34mil compared to an average of 18-23mil for the rest of he decade.

Is there an actual premium for 83s or is this another example of the Red Book not being 100% accurate?
Edited by CSOTUS
09/04/2014 11:03 am
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 Posted 09/04/2014  11:02 am  Show Profile   Bookmark this reply Add CSOTUS to your friends list Get a Link to this Reply
1982, 1985, 1986 for that matter; same question. Is there a premium? usacoin has them at $5 a piece in MS compared to 1.90 for the other dates.
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 Posted 09/04/2014  11:29 am  Show Profile   Bookmark this reply Add cladking to your friends list Get a Link to this Reply
I suspect Unc prices on these might be a little overpriced. There are probably more '82 and '83 coins in MS-60 to MS-62 than most dates in the whole series. It's not a wide margin though.

Nice choice specimens of the '82 and '83 are elusive because there were no mint sets. Collectors trying to locate such coins might receive a few dogs first and keep trying. This "extra" demand bouys the price of the low grade coins.

The '86's are high because mint set production was very low. Very few rolls exist because most people always preferred mint set coins but then there was a snafu that caused most mint set buyers to never get the form to order them.

The '86's are both tough but the '82 and '83 are mostly tough only in chBU and better. They're all better dates.
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tkbslc's Avatar
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 Posted 09/04/2014  11:32 am  Show Profile   Bookmark this reply Add tkbslc to your friends list Get a Link to this Reply
They aren't hard to find, but if you notice every other year can be found in mint cellophane for a couple bucks. The 82-83 had no mint sets so you have to rely on stock preserved from circulation by other collectors. AU are a cake to find, but for BU 5-10 is not uncommon.
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 Posted 09/04/2014  11:43 am  Show Profile   Bookmark this reply Add cladking to your friends list Get a Link to this Reply
Apparently 1985 rolls were lightly saved.

A lot of the moderns have very spotty availability. Very few people set any of these aside at all but when they did they tended to save large quantities. Some years attracted interest of those saving them and are relatively available and some years attracted almost no interest and rolls simply don't exist. Remember that most surviving examples of most moderns come from mint sets and most of the mint sets have been destroyed over the years. Despite the very low supply of most of these it's invisible because the demand is even smaller.

Few dealers stock anything like 1986 half dollars because there's no demand so all the demand manifests at the big retailers (like Littleton, Silvertowne, Jakes) and they have some difficulty finding the supply and have to bid up prices to get them.

Most people would be pretty surprised at how smallthese markets are. The low mark-ups and low prices tend to discourage most wouldbe sellers. The wholesale prices is only about $2.60 on the '86-P so you have to sell a lot at five or six dollars to make it worthwhile and demand is so low that it's hard to sell many.

I presume they get a lot of lists from people filling albums who need ten or twelve dates and the '86 is on a lot of the lists.
Time don't fly, it bounds and leaps.
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 Posted 09/05/2014  12:14 am  Show Profile   Bookmark this reply Add Finn235 to your friends list Get a Link to this Reply
It's also worth noting that the higher prices are for strong strikes in BU... most 80s halves are notoriously mushy in the detail department. I think the Red Book and most other modern books only list prices for MS 60/65, but lots of websites just take Red Book prices and apply a lazy algorithm to estimate the price of all grades based on MS65 prices. That's how you get crazy prices for common, circulated coins.
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