Comments on: US Mint Sales Plans for 50th Anniversary Kennedy Halves

By: jim

jim — Fri, 25 Jul 2014 19:18:14 +0000

Actually I was looking for total mintage, not household rule.

By: Richard

Richard — Fri, 25 Jul 2014 19:06:10 +0000

Limit is 5 per household Jim. Maybe it will stay on, maybe not. But of course one can have friends order for you too….

By: jim

jim — Fri, 25 Jul 2014 16:50:47 +0000

I totally forgot that yesterday was the release day so ordered on-line today. I don’t remember ever seeing a mintage limit for this set and if not then they’ll probably sell the set way into 2015 – another set that should stop sales at the end of 2014.

By: Candi

Candi — Thu, 24 Jul 2014 17:00:15 +0000

So I went to the DC mint today, around 11:20 and the line was around the block. There was a guy giving out money to borderline homeless people and younger guys that may have been friends, waiting in line (at least 50 that I could see) to buy the Kennedy sets for him. I flat out asked the guy what he was doing and as you may have guessed, he is having the coins he graded as first release and then selling them.

My questions is, after paying for grading, and paying whatever he will to these guys for waiting in line for him, what kind of price is he planning to charge for these coins?

Oh and as a side note I ended up getting out of line and ordering online. I am not looking to have mine graded or sell for profit so I didn’t see the point standing behind a guy that wreaked of stale alcohol and was chain smoking half used cigarettes.

By: dale

dale — Mon, 21 Jul 2014 18:20:16 +0000

although ASE and Gold coins don’t have serial numbers !! hmmm.i don’t if this would work but, i could imagine a 1/860,000 proof.
Or the last serial number of the final coin run would be cool.

By: jim

jim — Sun, 20 Jul 2014 06:04:53 +0000

RBG –
It’s a new Order Management System with emphasis on order, not delivery.
I would appreciate delivery while the order process is still on so I can return a bad coin for a better coin. Now it looks like it’s be happy with what you get or buy from the secondary market.

By: RonnieBGood

RonnieBGood — Sat, 19 Jul 2014 14:41:37 +0000

Tom – correct again. The high volume coins including the ASE are struck up to 6 months in advance. The circulating coins are shot out of the presses like a machine gun but proof coins and commem’s are carefully handled by the US Mint. They will typically grade a 69 or 70. I have had coins come back with a 68 but this is rare for a coin coming straight from the Mint to the Grading service.

By: jim

jim — Fri, 18 Jul 2014 23:55:47 +0000

Yeah, not clear what’s going on in people’s minds who pay more for a first strike notation.
What’s worth more – a first strike 68 or 69 or a later strike 70? Me, I’d go for the 70 every time.

By: SactoMike

SactoMike — Fri, 18 Jul 2014 21:06:13 +0000

Gents, I agree the “First Strike” or “First Release” monikers are nothing more than a marketing scheme..but certain coins slabbed with this designation, or variations of this designation, do in fact command a premium in the aftermarket. Case in point: the gold ’14 reverse proof Buffalos command 30% more slabbed with these designations than their non-first strike/release counterparts. And, they’re getting bids. Its PCGS’ policy – not the Mint’s – to award a “First Strike” designation to coins issued in the first 30 days of the Mint’s release. Details on the PCGS website. Not schilling for the company. Just stating facts.

By: tom thumb

tom thumb — Fri, 18 Jul 2014 20:09:59 +0000

first strike “bull” HSN has all you want. Those presses spit out coins faster than a machine gun, and the coin may have been struck a month before it goes on sale.