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 Replies: 19 / Views: 2,429 |
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Valued Member
United States
160 Posts |
Help me understand this please. Why is a raw 2012 proof silver Kennedy with a mintage of 445,612 selling for $80-90 more than a raw 2015 proof silver Kennedy with a mintage of 387,460?
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Pillar of the Community
United States
1068 Posts |
My guess would be demand.
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Valued Member
 United States
160 Posts |
What does the 2012 have going for it that the 2015 doesn't? Would like to hear from a serious Kennedy collector, because there has to be a some reason for the great price discrepancy.
Edited by jmgi
11/30/2017 10:51 am
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Moderator
 United States
187582 Posts |
The 2012 silver proof set sales were abruptly halted by the mint, creating a huge demand on the secondary market. We are still feeling those effects. People who have them will not sell them because they feel they are valuable. I doubt those prices levels will hold for the long term.
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Rest in Peace
United States
17900 Posts |
JBuck nailed it. Wait 2-3 years and the 15 will be equal if not higher.
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Bedrock of the Community
United States
10029 Posts |
I uess its been awhile since I checked mintages on the silver proofs. I was unaware the 2015 silver proof had been made in less numbers. However, according to: https://en.wikipedia.org/wiki/Kenne...tage_figuresNote all the following mentioned are silver proof halves. The 2012 mintage is only 395,233 and the 2015 is 387,311, and the 2016 is 353,205 It seems they have been reducing the mintage over the last 3 years. When the 2012 came out, it was the new key to the series. As has been mentioned, the proof sets were stopped short that year. Perception of the masses I guess has kept the price high. |
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Valued Member
United States
160 Posts |
Earle42, actually the 2012 silver had the Limited Edition Set which added another 45,000 roughly more coins to the regular silver proof set mintage of 395,233.
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Valued Member
United States
160 Posts |
jbuck,
Yes, I knew about the sales of the 2012 being stopped early, but its hard to believe that after 5 years some people still don't know that its no longer the lowest mintage, I mean, all you have to do is look it up.
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Valued Member
United States
160 Posts |
Mintage's of the silver Kennedy have been trending down every year lately, no reason to believe that will change, don't see anything on the horizon to cause an increase in demand for the coin, do you? Come to think of it, the Mint doesn't still produce coins to meet demand anymore do they? They are in business now to limit production to create demand, and higher prices in the secondary market.
Edited by jmgi
11/30/2017 12:10 pm
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Moderator
United States
187582 Posts |
The market does what the market does.
All it takes is one 2012 speculator to cash in their hoard to get the market corrected.
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Valued Member
United States
160 Posts |
Well, if they're smart they would dispose of their hoard gradually.  |
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Valued Member
United States
406 Posts |
I eventually want to get a 2012-S silver proof Kennedy but I'm going to wait until the price becomes something closer to what I am willing to pay. I'd rather take that extra money and invest it towards my 7070, to be honest.
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Valued Member
United States
160 Posts |
ljenkins990,  Me too on the 2012-s. |
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Bedrock of the Community
United States
94367 Posts |
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Valued Member
United States
160 Posts |
Coinfrog, Why don't you post something better so we can really learn something.  |
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Moderator
United States
187582 Posts |
Quote:
Well, if they're smart they would dispose of their hoard gradually. Which is why the price has not come down. The people who managed to buy in quantity now have a residual income. Sell one or two a month.  |
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Replies: 19 / Views: 2,429 |
Posted 11/30/2017 07:32 am
