New U.S. Mint figures show how many dual-dated 1964-2014 Proof 50th Anniversary Kennedy Half-Dollar Gold Coins have sold. And on a related note, its price and that of other U.S. Mint gold coins are poised to rise on Wednesday.
Let’s discuss updated sales before getting into likely pricing changes. The anniversary 50-cent piece with its restored portrait of John F. Kennedy launched on Aug. 5, 2014. It scored first-day sales of 56,694. Another 5,006 sold on the second day, lifting sales to 61,700. Usually product sales slow further into a release, and that certainly happened here but, I think, to a larger degree than expected. United States Mint sales data through Sunday, Aug. 10, have Kennedy halves up only 641 to 62,341.
Coin News Update: As expected and described below, the U.S. Mint on Wednesday raised prices on its gold coins.
Returning to coin prices, Wednesdays are when the U.S. Mint averages recent London gold Fix prices to decide if there’s the need to raise or lower its product pricing. Struck in three-quarters of a troy ounce of .9999 fine gold, the starting price for the special 50th anniversary Kennedy half-dollar was based on a gold average that fell within the $1,250.00 to $1,299.99 range. The precious metal has since moved comfortably higher and during a sustained number of days.
In cutting to the chase, as long as Wednesday’s PM gold fixing stays above $1,299.99 an ounce — the price is near $1,309 an ounce now, expect these prices for the Kennedy gold coin and other gold products.
|Numismatic Gold Coin Products||From||To|
|2014-W Gold Kennedy Half-Dollar Gold Coin||$1,240||$1,277.50|
|2014-W Proof American Gold Buffalo Coin||$1,640.00||$1,690.00|
|2014-W Uncirculated American Eagle Gold Coin (1 oz)||$1,575.00||$1,625.00|
|2014-W Proof American Eagle Gold Coin (1 oz)||$1,610.00||$1,660.00|
|2014-W Proof American Eagle Gold Coin (1/2 oz)||$820.00||$845.00|
|2014-W Proof American Eagle Gold Coin (1/4 oz)||$422.50||$435.50|
|2014-W Proof American Eagle Gold Coin (1/10 oz)||$180.00||$185.00|
|2014-W Proof Gold Eagle Four-Coin Set||$2,982.50||$3,075.00|
|2013-W Proof First Spouse Gold Coins||$840.00||$865.00|
|2013-W Uncirculated First Spouse Gold Coins||$820.00||$845.00|
2013 First Spouse Gold Coins include the 10 uncirculated and proof coins honoring former first ladies Edith Roosevelt, Ida McKinley, Edith Wilson, Ellen Wilson, and Helen Taft. The available 4 uncirculated and proof 2014 First Spouse Gold Coins honor former first ladies Florence Harding and Grace Coolidge. These coins are available at www.usmint.gov/catalog.
If pricing changes are needed, the U.S. Mint tends to suspend ordering of the affected products for around 30 minutes until new prices are entered and verified. Pricing adjustments often happen near 12 noon ET. United States Mint products may be ordered from www.usmint.gov/catalog.