US Mint, Two Questions - American Gold Eagle And Kennedy Half Rolls

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Author	Replies: 5 / Views: 1,821
OldWest Valued Member United States 126 Posts	Posted 04/14/2016 1:39 pm I have a couple of questions about the US Mint. Apologies in advance if these have been answered elsewhere, but I didn't see them in the archives. First, I noticed the 1/10 American Gold Eagle is on backorder. Does this really mean backorder? Or is the AGE 1/10 disappearing like a ghost? Also, I was also curious about the Kennedy halves, rolled, for sale at the Mint. What are collectors doing with these rolls? Collecting? Breaking them up and selling? Looking for BUs? Sending off to graders? Thanks. Report this Post to the Staff

oriole Pillar of the Community Canada 5239 Posts	Posted 04/14/2016 2:48 pm I cannot comment on the 1/10 Eagles, but here in Canada the mint sells rolls of 50 cent pieces, and all of the above applies: Quote: Collecting? Breaking them up and selling? Looking for BUs? Sending off to graders? Of course, here this is the only way to get them. Report this Post to the Staff
denco7 Pillar of the Community United States 2543 Posts	Posted 04/14/2016 3:35 pm The 1/10 gold will be back. They are made in batches, the mint estimates demand and mints more. If it was October and back ordered, you probably wouldn't see it again. But not in April, the mint is a "for profit" entity. The Kennedys, it depends on what you collect them for. Many people have running albums and running collections. Dealers buy them to sell one at a time or to send the best out for grading. Some people buy the rolls, keep a couple of the best P's and D's for themselves and sell the rest to friends for their collections. Since you can't just get one from circulation you need to either buy rolls a=or break up a mint set. Report this Post to the Staff
OldWest Valued Member United States 126 Posts	Posted 04/14/2016 3:47 pm Thanks for the feedback. That was the exact information I was looking for. Report this Post to the Staff
Bret Pillar of the Community United States 1913 Posts	Posted 04/14/2016 5:05 pm OldWest, the least expensive way to get quality coins is to buy mint sets. The coins tend to be better than the best you'll find in the rolls from the mint. Report this Post to the Staff
CelticKnot Bedrock of the Community United States 12817 Posts	Posted 04/14/2016 11:01 pm Quote: Since you can't just get one from circulation... Some of them do end up in circulation from (among other reasons) people buying bags/rolls of them, cherry picking the best, and dumping the rest at their banks. Edited by CelticKnot 04/14/2016 11:02 pm Report this Post to the Staff
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