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Good Deal On Kennedy Proofs?

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CelticKnot's Avatar
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 Posted 01/31/2015  7:28 pm Show Profile   Bookmark this topic Add CelticKnot to your friends list Get a Link to this Message Number of Subscribers
All, looking for some advice here. One of my 2015 numismatic goals is to take a big dent out of my Kennedy albums, so I was cruising ebay and came across an auction for 43 Kennedy Proofs from 1971-2014 (43 coins) for $200 (shipping included), which works out to about $4.65 / coin.

I know the Red Book is not a good gauge of current market value, but this lot would average probably closer to $7/coin if I were to use RB numbers for those 43 coins.

Thoughts? I hate to drop that kind of cash if I'm not at least getting somewhat of a deal by buying a lot.

Thanks...
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GR58's Avatar
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 Posted 01/31/2015  9:32 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
Need more information, are any of them silver proofs

from 1992 to date they made both silver and clad proofs
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tkbslc's Avatar
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 Posted 01/31/2015  11:54 pm  Show Profile   Bookmark this reply Add tkbslc to your friends list Get a Link to this Reply
The more recent proofs are the expensive ones. 2010-2015 are $10-15 each minimum. That's about 1/3 the price of the 43 coin set you mentioned above. http://www.ebay.com/itm/2010-2014-S...em20f4265d29

70s and 80s you can get for $2-3 each. If you just bought decade sets up to 2009, you could do it for about $25-35 per decade. Might be easier to bite off $30 a month for a decade set vs $200 all at once. I might look for deals on the individual coins past 2009.


I guess to answer your question directly, I don't think that's a bad price, but it's pretty much market price. You could buy the coins in smaller lots and pay the same overall.





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smokeriderdon's Avatar
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 Posted 02/01/2015  02:43 am  Show Profile   Bookmark this reply Add smokeriderdon to your friends list Get a Link to this Reply
That is not a bad price. BUT, here is the thing. When you buy coins like that, you dont get to check each one. And we are talking about proofs here. It doesn't take a lot to put a minor scratch or two on a proof when removing it from its packaging and all that jazz. You need to trust that the person you are buying it from is not going to send you coins with issues.
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CelticKnot's Avatar
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 Posted 02/01/2015  02:58 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
@GR58, clad proofs only in this auction. Good question/clarification there. Thanks.

Here's the auction link I was considering:

http://www.ebay.com/itm/1971-2014-S...em20f50f56f1

@tkblsc, the auction above is the by the same seller as the ebay auction you listed.

@smokerider... yeah, I am a little concerned that these will be the reject pile from this seller breaking proof sets for grading.

All this is is why I am requesting the sage advice of the esteemed CCF constituency. Please keep the advice flowing.
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tkbslc's Avatar
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 Posted 02/01/2015  1:22 pm  Show Profile   Bookmark this reply Add tkbslc to your friends list Get a Link to this Reply
I know that's the same seller. I was just pointing out that $60 of that lot is the cost of the last 5 coins.
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smokeriderdon's Avatar
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 Posted 02/01/2015  2:34 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list Get a Link to this Reply
Ah, Dave Enders. I have purchased from him before. He has a solid rep and I have heard no major complaints about his stuff. No minor ones for that matter. I would be confident in pulling the trigger on this one.
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Bertensgrad's Avatar
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 Posted 02/01/2015  2:42 pm  Show Profile   Bookmark this reply Add Bertensgrad to your friends list Get a Link to this Reply
It's more fun to get them as singles. If you are patient you might even be able to do so at a cheaper price,
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welder's Avatar
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 Posted 02/01/2015  9:29 pm  Show Profile   Bookmark this reply Add welder to your friends list Get a Link to this Reply
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DNA's Avatar
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 Posted 02/01/2015  11:13 pm  Show Profile   Bookmark this reply Add DNA to your friends list Get a Link to this Reply
I've also bought individual JFK Proofs from Dave Enders, and all have been top quality.

He does sell some 'problem' Proofs as bargains, but those auctions are totally upfront about the coins' problem status.
http://www.ebay.com/itm/Kennedy-Hal...141556301233
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OldSkoolMadSkilz's Avatar
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 Posted 02/02/2015  1:11 pm  Show Profile   Bookmark this reply Add OldSkoolMadSkilz to your friends list Get a Link to this Reply
I bought some empty proof sets boxes from him after a bad cat incident. He seems to specialize in breaking out proof sets. Must have the worlds shiniest pocket change.

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CelticKnot's Avatar
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 Posted 02/02/2015  4:03 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
Thanks for all the input and advice! I'll let you know what I decide to do.
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ratio411's Avatar
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 Posted 02/02/2015  4:28 pm  Show Profile   Bookmark this reply Add ratio411 to your friends list Get a Link to this Reply
I know it costs more, but here's a thought... I bought all my modern
coins via Mint sets and Proof sets. Think about it for a second... You
get all your coins, for each year, still in the packaging, without worry
of someone damaging a coin breaking it out (until you do it yourself!).
You get all the coins, and usually the sets are cheaper than buying all
as singles. This way, when the day arrives that your JFK set is a memory,
and you suddenly decide to put together a set of dimes (for example), you
already have all the dimes! You'll thank yourself for buying all the sets.
Finished the dimes now, and craving a nickel set? Oh snap! You have all
the nickels stashed away already! You thank yourself once again for buying
sets! LoL... Just a thought, it might be something that makes sense.
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jbuck's Avatar
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 Posted 02/02/2015  5:39 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply


One of the best decisions I ever made was breaking up my proof set collection to fill my album holes.

I kept my cents, nickels, and dimes in 2x2 holders until I finally decided to upgrade the albums to accept the proofs (the last two my simply adding blank pages).
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CelticKnot's Avatar
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 Posted 02/02/2015  5:59 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
That's a thought for sure, ratio411, and a good idea as I am indeed collecting dimes, nickels, etc. too.

Funny thing is I actually have mint sets going back to the early 90's. I can't bring myself to break the OGP though. Maybe I'll see if I can get a lot on ebay and use those for filing album holes instead of breaking up the ones already have. At first glance it looks like I can get some of the earlier mint sets for a pretty good deal. For example, the same seller has a 1968-1998 run of proof sets for not much more than the halves are going for.
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jbuck's Avatar
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 Posted 02/03/2015  09:45 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I can't bring myself to break the OGP though.
I starts with just one.

I had the same hesitation, but my curiosity got to me when examining one of my sets that was cracked. I reasoned that I needed to replace that set anyway, so I should break it apart and fill some holes. If I would feel guilty, no problem, I was going to replace it anyway, right?

After I broke apart that one, I was too excited to resist doing the rest. By the end of that day all proofs were in Dansco albums or 2x2 flips.
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