The following Q&A is excerpted from Clifford Mishler’s Coins: Questions & Answers: Q: Is collecting any type of coin a good investment? A: No! The hobby collector—be it of coins, back-scratchers, or Bavarian beer mugs—is occasionally persuaded to purchase by impulse or sentiment. Indulging frequent lapses into irrationality is part of the fun of maintaining a hobby. But the strictly … [Read More...]
US Mint Sets 300,000 Product Limit for Silver 50th Anniversary Kennedy Set
The United States Mint has announced a product limit of 300,000 units for the upcoming 2014 50th Anniversary Kennedy Half Dollar Silver Coin Collection. An ordering limit of five units per household will also be in place. The product will go on sale next week on Tuesday, October 28, 2014 at 12:00 Noon ET.
The set containing four 90% silver half dollars struck at different mint facilities with different finishes had previously been announced during the summer, without any indication of a product limit.
Each set contains a reverse proof coin from the West Point Mint, a proof coin from the Philadelphia Mint, an enhanced uncirculated coin from the San Francisco Mint, and an uncirculated coin from the Denver Mint. The four coins come packaged in a rich embossed leather folder which includes an image of John F. Kennedy from the half dollar design and patriotic American flag imagery. A booklet about the development of the design for the half dollar and certificate of authenticity is also included. Each set is priced at $99.95.
The US Mint has also issued to other products to mark the 50th anniversary of the Kennedy Half Dollar. On July 24, a set including two uncirculated clad composition half dollars featuring the original portrait design was released. The sets were initially offered without a stated product limit and an ordering limit of five per household. Still available priced at $9.95, the sets now carry a product limit of 200,000 units, with the household ordering limit still in place. Current sales have reached 134,631 units.
On August 5, 2014, the US Mint began sales of a three-quarter ounce gold proof coin featuring the original portrait design and a dual date of “1964-2014”. The coin carried an online and phone ordering limit of five coins per household and no stated product limit. The household ordering limit has since been removed, although the coin remains without a stated product limit. Current sales have reached 64,303 units.
300,000??!! This number sounds like “market equilibrium” more than modern coin production or collectable.
likely too many sets to ever realize much (if any) appreciation… well, at least most collectors should be able to secure at least one set unless megadealers buy multiples with their “family & friends” buying power…!
wow….! just checked ebay listing for 2-coin high relief set…. asking prices are skyrocketing but last several auctions didn’t get any takers… they’re asking big bucks even for the SP66 set….have to wait and see how things go…. I too figured they’d make at least twice as many of the sets…. oh, well. keeps things interesting…