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 Replies: 17 / Views: 4,063 |
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Pillar of the Community
United States
743 Posts |
The Apollo 11 half dollar set has a reverse proof Kennedy half dollar. Mint site says 100,000 product limit & 750,000 across all half dollar products. Tim Hughes
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Pillar of the Community
United States
587 Posts |
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Bedrock of the Community
13014 Posts |
100k is far from a rarity
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Pillar of the Community
United States
4691 Posts |
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Pillar of the Community
United States
7613 Posts |
100,000 coins that are mostly gonna be 68's, 69's and a scattering of 70's are not gonna be "rarities" by any sense of the word.
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Moderator
 United States
187582 Posts |
It is a nice looking coin though.  I like mine, even though it probably lost value when I drove it off the lot received it in the mail.  |
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Pillar of the Community
United States
4233 Posts |
As of 01/27/2019 the adjusted net demand = 69155. There was an article in one of the email blurbs about how none of these sold out yet - https://www.numismaticnews.net/arti...fa-nl-190201. Might be interesting to see how the numbers are after this Tuesday. Seems like it's always the demand side and not the supply side that determines how "rare" anybody thinks these things are. 2016 National Park Service UNC half comes to mind. |
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Pillar of the Community
United States
1613 Posts |
Agree with the above as to a rarity. However, the reverse proof Kennedy half by it's self could be considering the mintage numbers compared with other Kennedy's. A check of the U.S. mint's upcoming products schedule shows no plans for a reverse proof set as that of 2018. So those who specialize in these will most likely drive up the price accordingly. A rarity? The "coin dealers" on television are already gearing up to make it so. At outrageous prices to boot. ANA member - PAN Member - BCCS Member There are no problems only solutions - the late, great John Lennon
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Moderator
United States
15386 Posts |
This is not a rarity due to the fact that none of the modern USA mint products will ever again be rare.
Lower mintage - for sure - but the long term demand for 10's of thousands of these coins is not going to demand rarity coin prices.
I suspect - as jbuck correctly asserted - that all the folks who purchased this coin as US mint price will find within a year it can indeed be had at a lower price on the secondary market.
Take a look at my other hobby ... http://www.jk-dk.art |
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Bedrock of the Community
13014 Posts |
Quote:Agree with the above as to a rarity. However, the reverse proof Kennedy half by it's self could be considering the mintage numbers compared with other Kennedy's. A check of the U.S. mint's upcoming products schedule shows no plans for a reverse proof set as that of 2018. So those who specialize in these will most likely drive up the price accordingly. A rarity? The "coin dealers" on television are already gearing up to make it so. At outrageous prices to boot. The TV guys call basically everything a rare. Technically you could argue it's one of the keys to the Kennedy series, but the problem is it's a special finish. A lot of series builders don't consider special finishes to be a part of it or only are interested at low prices. The other issue is that unlike the business strike ones and the old circulation ones, the grade range should be tighter on the special version with an almost 100 percent survival rate. So even if you try and argue it's the key by mintage numbers, it's going to be one of if not the most available in high grades Edited by basebal21
02/03/2019 7:30 pm
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Bedrock of the Community
United States
19930 Posts |
Quote:
I suspect - as jbuck correctly asserted - that all the folks who purchased this coin as US mint price will find within a year it can indeed be had at a lower price on the secondary market. It's a long term trend. IMO, the mint needs to seriously cut back the mintages - say 20,000. Low enough to create a supply and demand issue. It would help the coin collecting market by adding interest and competition both short and long term. Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
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Bedrock of the Community
13014 Posts |
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It's a long term trend. IMO, the mint needs to seriously cut back the mintages - say 20,000. Low enough to create a supply and demand issue. It would help the coin collecting market by adding interest and competition both short and long term. Absolutely. At the very least for a product or two a year to give people something to really be excited about which in turn would help other products. |
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Bedrock of the Community
United States
10029 Posts |
Quote:
It's a long term trend. IMO, the mint needs to seriously cut back the mintages - say 20,000. Low enough to create a supply and demand issue. It would help the coin collecting market by adding interest and competition both short and long term. I may be mistaken, but I don't think they care about this. They want profits. How much squash could a Sasquatch squash if a Sasquatch would squash squash? Download and read: Grading the graders Costly TPG ineptitude and No FG Kennedy halveshttps://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2 |
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Bedrock of the Community
United States
17884 Posts |
You call the reverse proof a key, but if you look at the mintages you'll see that the uncirculated is currently running about one third the mintage of the reverse proof.
Nevermind I was thinking about the commemorative half and you were talking about the reverse proof Kennedy.
Edited by Conder101
02/04/2019 02:13 am
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Bedrock of the Community
United States
20753 Posts |
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I may be mistaken, but I don't think they care about this. They want profits. Remember the Mint is not there to make collectors happy. They just want their money. |
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Pillar of the Community
United States
4233 Posts |
Week ending 02/03/19 adj. net demand = 84349. Looks like they might sell out after all. According to Numismatic News, the set sleeve is misprinted (lists only one designer), mint has ordered new packaging, and at least one customer is disappointed because "enhanced reverse proof" apparently means Kennedy's profile is satin finish, not mirror-like. Question is if they are all like that. |
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Replies: 17 / Views: 4,063 |
Posted 02/02/2019 8:30 pm
