2014 Kennedy Silver Collection Sales Jump, Product Limit Cut

by Mike Unser on November 24, 2014 · 25 comments

Sales of 2014 50th Anniversary Kennedy Half-Dollar Silver Coin Collections sprang to 165,824 units, new figures from the United States Mint show.

Photo of the four coins in the 2014 50th Anniversary Kennedy Half-Dollar Silver Coin Collection

Photo of the four 90% silver coins in the 2014 50th Anniversary Kennedy Half-Dollar Silver Coin Collection. The four halves are in different finishes with each struck at a different U.S. Mint production facility. Sales of the collection are at 73.7% of a revised maximum of 225,000 units.

Marking a 21,252 weekly increase, the amount more than doubled combined sales from the prior two weeks. Sharper gains may be greatly attributed to the Mint’s lifting of household ordering limits.

Separately, the U.S. Mint announced that the overall limit for the four-coin collection was reduced to 225,00 from 300,000. In a brief memo, the Mint noted:

The United States Mint announced today the revised product limit for the 50th Anniversary Kennedy Half-Dollar Silver Coin Collection will be 225,000. The United States Mint initially announced October 24 a product limit of 300,000 units for the 50th Anniversary Kennedy Half-Dollar Silver Coin Collection. This product was placed on sale October 28, initially with a household limit of 5. The household order limits were lifted November 17.

Here’s a breakdown of the set’s weekly sales since its release on Oct. 28 (85,670 sold in the first 12 hours):

Unit
Change
(Oct 28-Nov 2)
Unit
Change
(Nov 3-9)
Unit
Change
(Nov 10-16)
Unit
Change
(Nov 17-24)
Latest
Sales
Kennedy Silver Coin Collection +125,147 +12,655 +6,770 +21,252 165,824

 

The collection is at 73.7% of its revised maximum of 225,000.

Updated sales figures were not available for the Mint’s other 50th Anniversary Kennedy Half-Dollar products, the 2014-W Kennedy 2014 Half-Dollar Gold Proof Coin and the 2014 Kennedy 2014 Half-Dollar Uncirculated Coin Set. They should be released by Tuesday. CoinNews.net will publish them when they become available.

2014 50th Anniversary Kennedy half-dollar products may be ordered online from the Mint here, or by calling 1-800-USA-MINT (872-6468).

{ 25 comments… read them below or add one }

RonnieBGood November 24, 2014 at 5:14 pm

:-$ 🙂

RonnieBGood November 24, 2014 at 5:47 pm

This is a smart move on the part of the Mint. I have seen numbers from 150,000 to 190,000 sets ready to “ship” and this will greatly improve the chances of sets sold & arriving by the coming holiday season.

The mint is learning. In order to reach a the larger mintage of 300k the mint would have had to increase the initial household limit to 10 (double they required). The difference this time is that the price of silver has dropped significantly from where it has been over the last 6 years and buyers are more cautious.

This set will be a sleeper. As well as the gold issue (that will soon sell out at approx. a 70k mintage). Take the advice Warren Buffet & be greedy when others are not.

Eddie November 24, 2014 at 6:20 pm

The limit production going down to 225,000 makes the set unique again!
Thank you US Mint!
Sounds like the Mint is listening to the customers this time.

Senior November 24, 2014 at 6:51 pm

This news could possibly induce another round of buying by those that have already bought in but will bring in some holding outs,linked with a 15% price cut would have really opened the flood gates.I may buy 1 more and keep it in the OGP Could possibly make for some trading leverage some time in the future.

jim November 24, 2014 at 6:52 pm

RBG –
Not sure why 225,000 should be called a sleeper, seems that everybody and their brother has got on the band wagon to get this.

Or why you include the gold since as many as want to can buy it too. Of course there are several features that make this coin unique so worthy of collecting I guess, but sleeper? I don’t know.

Senior November 24, 2014 at 8:25 pm

I personally believe quite a few potential buyers held out because they Looked at the $15-$16.bullion price which gives this set a melt of around $24 up aganist the $100 set price lousy bullion investment and even as a collectible pretty pricey.I still like it as a modern day collectible,The 75,000 mintage reduction May give it a small temporary bump in price for the flippers.Anyone wanting out will always be able to get ther $100 back.

Senior November 24, 2014 at 8:36 pm

Just my opinion

Eddie November 24, 2014 at 9:11 pm

Senior,
I respectfully disagree. The Neusmatic value completely outweights the melt value in this case. The different finishes are not found in any other set, plus the theme is unique.

Jp November 24, 2014 at 9:12 pm

Well, I guess I was wrong about seeing a “BUY” on this set after they lifted the house limits. I’ll be eating my shorts on that prediction! But the fact the mint has dropped the total mintage to 225k tells me even they know this will be short lived. STILL(somewhat) DOUBTFUL on hitting that original 180k mark. I also do not see this set as a money maker in the long haul. It’s a great set to add to a collection. Some unique coin(s). Hopefully my kids will appreciate my thoughtfulness…(doubt it!) The Ebayer’s are not making much profit unless it’s a “70” set .

Jp November 24, 2014 at 9:14 pm

I think if the dealers bought these 21k sets, they will be FLOODING the market and the cost will tank for resale very quickly.

Joe November 24, 2014 at 11:22 pm

If you don’t mind waiting about fifteen years you’ll see very good returns. Just my opinion. Well that’s what I hope for.

Senior November 24, 2014 at 11:30 pm

The mint saw the hand writing on the wall,we will see.

Senior November 24, 2014 at 11:38 pm

Regardless what the final numbers are this is a better than good modern mint collectible

foxman69 November 25, 2014 at 5:00 pm

they’re getting $60+ for the Rev. Pf (raw)…. makes the remaining 3 coins for $13 each…. nice deal… new total mintage announcement makes it seem likely that the Mint has resumed production since first 180K

JOE #2 November 26, 2014 at 8:41 am

A beautiful solid wooden box would have been nice to showcase these coins, Not a cheap presentation showcase. I would have spent a little more to showcases these beauties. Because of that, I passed.

JOE #2 November 26, 2014 at 8:43 am

showcase not “showcases”

foxman69 November 26, 2014 at 10:20 am

Joe is right…. mint packaging is a white elephant…. coins could have been placed in a box half the size…. I think they made the capsules fit so tightly from past sets where coins fell out of holes during shipping…. a simple fix would be to place capsules in separate bubble wrap and let buyer place them after opening…

Senior November 26, 2014 at 10:34 am

The packaging to me is far better than anything so far.The 2011 ASE set was a disaster.No matter how they package the goods buyers will complain.Happy Thanksgiving To All.

tom thumb November 26, 2014 at 3:27 pm

I’m a coin collector not a box collector. They could put them in a plane brown envelop, the way proof set used to come, and I would be happy. Much of the packaging is from China anyway!

Senior November 26, 2014 at 10:35 pm

Tom,No one here is a collector of boxes,but for some the box is a means to display and for the mint it is a means for delivery.Have a happy Thanksgiving

JOE #2 November 27, 2014 at 12:35 pm

To me, The box is very important when showcasing beautiful coins that you paid good money for. If you’re strictly a bullion collector, No big deal then.
Happy gobble gobble to all here…

jim November 27, 2014 at 12:46 pm

I have suggested long ago that the mint offer two packaging options: with the glorified packaging and without the packaging, the latter at a discount from the former.
The coin that I’ve seen the most packaging for one single coin is the platinum eagle. Maybe now that the preamble series is over the mint will go back to a simple box for the coin, like with the silver eagle.

Senior November 28, 2014 at 12:02 am

The ASE 25Th anniversary packaging was a miserable failure but for me the Silver Kennedy set was okay.There is no perfection in most anything because who has the perception of perfection.

JOE #2 November 28, 2014 at 10:40 am

Senior, I would call it common sense. The gold proof buffaloes, For example, Come in beautiful packaging, Beautiful solid wood box, And these Kennedy’s come in “tissue paper”… To me, Just plain common sense.. The coin(s) should look “appetizing”, Especially the higher priced ones…..

Senior November 28, 2014 at 11:25 am

Joe # 2 The mint got there butt kicked when they delivered the 2011 ASE set in that expensive funky packaging.The current packaging works for me.I don’t display but the slim box stores much better.I too don’t want to see them sent in a manilla envelope.

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