Today was abuzz with stories about newly released Kennedy gold coins, the premium collectibles sold by the United States Mint to commemorate the 50th anniversary of the Kennedy half-dollar.
Collectors spent a good deal of time waiting to place their order online and by phone, but many waited much longer to pick them up in person. No one had more patience than Nick Yadgarov, Callie Hohlfeld, Daniel Yadgarov and Rina Maya. They were the first people in the blocks-long line outside the Donald E. Stephens Convention Center, waiting 12 hours to buy dual-dated 1964-2014 Proof 50th Anniversary Kennedy Half-Dollar Gold Coins at the ANA 2014 Chicago World’s Fair of Money.
Their fortitude paid off as they also enjoyed the windfall of owning the first PCGS-certified Kennedy gold coins. News accounts relay how the four accepted an offer of $20,000 for their coins, plus four more gold half-dollars as replacements.
The Professional Coin Grading Service (www.PCGS.com) said that it certified the first half-dozen Kennedy gold coins sold at the show with the first four each graded PCGS PR70 DCAM, and the other two graded PCGS PR69 DCAM.
"It is really exciting to see so many collectors interested in purchasing these new coins," said Don Willis, President of PCGS, a division of Collectors Universe, Inc. (NASDAQ: CLCT). "PCGS is happy to have been selected to certify the very first six of the coins sold at the Chicago World’s Fair of Money."
The ANA 2014 Chicago World’s Fair of Money (www.WorldsFairOFMoney.com) will continue through to Saturday, Aug. 9. Each day at the money show the U.S. Mint will offer up to 500 of the gold Kennedy half-dollars.
They may also be purchased at United States Mint retail shops in Philadelphia, Denver and Washington, D.C., plus online at www.usmint.gov/catalog or by phone at 1-800-USA-MINT (872-6468). In-person purchases are limited to 1 coin with a 5-coin household ordering limit in place via online or phone orders. Containing 3/4 troy ounces of 24-karat gold, the special Kennedy coin is available for $1,240.