Comments on: 2014 Kennedy Silver Coin Collection Sales at 125,147

By: charlie

charlie — Mon, 10 Nov 2014 05:27:13 +0000

Update; I just checked the US mints site, and they’ve changed the shipping policy since my back and forth with them, to read, if you choose BUDGET OR STANDARD, you’ll receive a free upgrade.

By: charlie

charlie — Mon, 10 Nov 2014 05:09:14 +0000

The mint screwed me on the shipping on these. The new mint site still says, if you purchase over $300.00 of coins in one order, and choose standard shipping, you’ll get a free upgrade to expedited (UPS 2nd day). Standard used to be their 1-2 week in transit for $4.95. Now Budget for $4.95 is their 1-2 week. Standard is now ground for $12.95, and expedited (UPS 2nd day) is $17.95. Since the site still says choose standard for the free upgrade, and not wanting to wait weeks for my coins, I did as the site says and chose standard. Well, they shipped them UPS ground. I called them multiple times with my concern, and every time they told me that I should have chosen the $4.95 shipping, and I would have gotten the upgrade to expedited. That you don’t get upgraded if you choose the $12.95 option. So what they’re doing is going by the price of the shipping to determine which shipping method to use. To them it’s like the site never changed, and neither did the shipping options, or what they’re now called. No matter what I said, they insisted they were right and I was wrong. No matter how many times I got them to read their shipping policy, they just couldn’t understand it correctly. That includes supervisors. Needless to say, none of my shipping cost was refunded, and no one ever called me back even though I was assured someone would. I can only imagine how many people fell victim to this. Since the call center is not actually the mint, but another company the work was outsourced to, there’s no where to turn to make them do as the mints own policy states.

By: Mark Totzke

Mark Totzke — Sat, 08 Nov 2014 21:42:27 +0000

Some comments/questions:
1. Very pleased with my silver Kennedy sets. I note that on the enhanced finish S coins all of them show traces of striations from the wire brushing of die. Not a problem for me, it is different and attractive in its own way. Is this common for all sets?
2. Love the uncirculated clad half sets. All of mine have a smooth semi-prooflike surface.
3. Ref the clad sets. I have read there is a mintage limit of 200k. The mint website states no mintage limit but a product limit of 200k. What does that mean? Are they going to mint a few million of these and sell them individually or part of other sets. In any case, l am grabbing more of these sets. At $5/coin I see little downside risk.
4. I was sleeping when the HOF coins went on sale, din’t order until late April. Gold was gone, halves I got right away, and my dollar orders were “in process”. Stayed that way for months and I assumed I missed out. Then in mid-August, and much to my surprise, I received two proof dollars in the mail. No uncirculated dollars and was informed they were totally sold out of dollars. I am looking at these as extremely rare “Late Release” or “Late Strike” coins, certainly much rarer than the gazillions of “Early Release”/”First Strike” coins out there. I would think the TPG’s eyes would light up with $$$ signs at that ifea.

Thanks for reading and any responses.

By: Kahoola

Kahoola — Fri, 07 Nov 2014 21:48:59 +0000

Anne the reverses are supposed to match the obverses. These are hard to get out of the display cases holes, just like the HOF coins. Found that it took gentle encouragement with a non metal letter opener to pry them out. After they are out try to put a ribbon in the hole before you put them back in, they are a lot easier to get out, pull the ribbon. There are not supposed to be pock marks on the coins. My reverse proof had hairlines on the front like somebody did a harsh wiping with a cloth. You are supposed to notify the Mint if there are major problems, you have 7 days to tell them then 21 days to mail item back to them. They are very good at that. You have to pay the postage though.

By: anne

anne — Fri, 07 Nov 2014 05:35:01 +0000

Would someone explain to me whether there should be a corresponding finish on the reverse of each respective coin?

Very difficult to get them out to view. They really jammed them in there.

Also does the Union Shield on the reverse look a little dissymmetrical? The lateral stripes appear to be slightly different lengths.

The Obverse of the Reverse Proof on my sets looks a little pock marked call it. The “S” is actually my favorite coin. Probably just preference. I like cameo generally.

By: Sabby

Sabby — Thu, 06 Nov 2014 23:56:46 +0000

Received my Kennedy Silver Coin Collection. The reverse proof West Point half has to be one of the most beautifully minted U.S. coins. Can’t hang with the St. Gaudens 20 dollar gold piece or the Liberty Walker half, but it’s right up there. That West Point half alone is worth the price of the set.

By: ny collector

ny collector — Thu, 06 Nov 2014 17:50:44 +0000

I had to return my set, the uncirculated was scarred and scraped, and they are just refunding my money even though I requested a replacement. They are pathetic. For some reason, I’m be happy with whatever I get. My posts here seem to be deleted.

By: SactoMike

SactoMike — Thu, 06 Nov 2014 14:07:26 +0000

Eddie, your assumptions are likely correct. These are terrific looking coins and a must for collectors of the JFK series and beyond, but likely will not meet the 300K mintage. Agree with you that it will be hard pressed (no pun intended) to reach 180K. I had this discussion with a good friend of mine who has been a coin dealer for 25 years. Unfortunately, the lackluster sales spells a very soft aftermarket, slabbed or otherwise. Now, had the Mint set a production limit of 100,000, it might have been a different story. But there will simply be too many 69 and 70s out there for much appreciation.

By: Eddie

Eddie — Wed, 05 Nov 2014 15:52:12 +0000

Sorry, my math not to good today…

By: Eddie

Eddie — Wed, 05 Nov 2014 15:49:20 +0000

So, basically after the 85,670 sold in first 12 hours, only approximately 40,000 more sold as of November 2, which is roughly 8,000/day…still in first week sales, I am surprised at low numbers.
Any thoughts?
Doubt it will go over the 180,000 originally minted.