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 Replies: 7 / Views: 1,944 |
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Valued Member
273 Posts |
I would appreciate insight on this.... Is the JFK Half Dollar Under Valued? Is there a price rebound around the corner? Tonight On ebay: "2009-P&D~JEFFERSON NICKEL~SATIN FINISH UNC $7.95" (....Mintage Nickels 2009 = 8.6 Million... low mintage) Compare "2009 P & D BU Kennedy half dollar SET 2 GEM BU COINS $5.99" (....Mintage JFK half Dollars 2009 = 3.8 Million) I like the Jefferson nickel (don't get me wrong), but this seems out of balance... Few coins in history can boast of the popular appeal of the Kennedy half dollar. What's up with this? (added this:) yet values seem lower than I would expect... not that "value" is what matters, yet "Value" is a measure of popularity or collectability. Edited by Changeless
07/02/2011 09:20 am
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Rest in Peace
United States
9104 Posts |
Quote: Few coins in history can boast of the popular appeal of the Kennedy half dollar. What's up with this? They're so popular, they haven't circulated this millennium. Compare your nickel mintages to V nickels, which are seen in circulation as often as jfk. That's how most collectors start. |
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Pillar of the Community
United States
687 Posts |
I don't think they are undervalued, but your example is a bad one in either case. 2009 nickels were and are difficult to find due to the low mintage. You can only get them from circulation and demand is still high. 2009 halves could be bought directly from the mint by the bag so they are much more available both in number and higher grades.
And as far as popular appeal goes - Kennedy has almost none for people who weren't alive when he was assassinated. In another 50 years, he'll have as much appeal as McKinley does today.
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Pillar of the Community
United States
1418 Posts |
I believe one day they will jump in value, just like classic coins.
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Pillar of the Community
United States
927 Posts |
The mint has only made Kennedy halves for collectors for almost 10 years now. This means that most people don't even know they exist. I spent one yesterday and received change back for a dollar. I gave the person back 2 quarters. This is the third time in the past year that I have gotten change back for a dollar because most young people don't know about half dollars. Because they are unknown, I don't believe the non-silver issues will ever be worth much. I still like them though. |
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Pillar of the Community
United States
3755 Posts |
Rollhunter, as the OP pointed out, the mintages for the Kennedy halves were way low in 09 just as everythng else was. And because of a low mintage, and only going out to collectors, I would say that makes them MORE scarce. |
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Rest in Peace
United States
9104 Posts |
Quote:
And because of a low mintage, and only going out to collectors, I would say that makes them MORE scarce. Perhaps more scarce in circulation, but that's a moot point, since the effective circulation of halves is zero. Back in the day, if a kid got a Mickey Mantle card, he carried it in his pocket, got sweat and dirt on it, until it went through the wash, or at least was a wrinkled mess. Ten years ago, if a kid got an equivalent star card, he put it in a hard case, in a box, in a closet. The very fact that it got into the hands of a collector will make high grade examples available and cheap forever. |
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Valued Member
 273 Posts |
Great Insight here (above) on collector "psyche"! ROLLHUNTER makes good observations, particularly about John Kennedy's fading emotional appeal. (I met a teenager the other day who had never heard of Elvis, but that is a different topic http://en.wikipedia.org/wiki/Elvis_presley ) Also, TUMBLEWEED's observation, "I believe one day they will jump in value, just like classic coins." But When? BIGGFREDD, if I understand your comment, I agree. This effect should favor the JFK Half, because of the huge participation of "COMMON CITIZENS" in grabbing early JFK Half Dollars. Right now... millions and millions of USA homes have a JFK Half (or two or three) tucked away in a special place. Common Man appeal. I suspect the lack of 2009 nickels in circulation is due entirely to collectors. BOTTOM LINE, I would think this would've spawned a great deal of interest in collection JFK Halves long before now, given that JFK Halves have had extremely limited mintage for a decade or more. We've only seen "short" mintage of nickels for one year... 2009. But it's hard to argue with this: I went trough a box of nickels a couple days ago... not a single 2009. Thanks for the comments! |
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Replies: 7 / Views: 1,944 |
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Posted 07/02/2011 3:54 pm
