50th Anniversary Kennedy Half Dollar Gold Proof Coin Limited to 75,000

gold-proofThe United States Mint has just announced a product limit of 75,000 for the 2014 50th Anniversary Kennedy Half Dollar Gold Proof Coin. The Mint has now either announced or adjusted product limits for all three of this year’s 50th anniversary Kennedy products during the course of sales.

The Uncirculated Coin Set containing two clad half dollars had gone on sale July 24, 2014 with no stated product limit and an ordering limit of five sets per household. A product limit of 200,000 units was established in late October and the ordering limit was removed in mid-November. As of the most recent report, sales have reached 170,500 units.

The Silver Coin Collection containing four 90% silver half dollars from different mints with different finishes had gone on sale October 28. A product limit of 300,000 was announced just days before the start of sales and an initial ordering limit of five sets per household was established. After three weeks of availability the ordering limit was removed and soon thereafter the product limit was reduced to 225,000 units. Current sales have reached 172,634 units.

The Gold Proof Coin had gone on sale August 5, 2014 with no stated product limit and an online ordering limit of five units per household. After a frenzied start, the pace of sales slackened and even experienced net negative weekly sales on a few occasions. The ordering limit was quietly removed in mid-October and a product limit of 75,000 was finally announced today. Current sales have reached 67,340 with the current pace of sales running at about 300-500 coins per week.

The table below shows the complete weekly sales data for all three of the 50th Anniversary Kennedy Half Dollar products.

Clad Set Gold Proof Coin Silver Set
7/27/2014 84,593
8/3/2014 97,655
8/10/2014 112,134 62,341
8/17/2014 116,937 63,521
8/25/2014 120,708 63,388
8/31/2014 124,887 64,305
9/7/2014 127,749 63,927
9/14/2014 129,986 63,384
9/21/2014 131,694 63,567
9/28/2014 132,745 63,757
10/5/2014 132,928 63,944
10/12/2014 133,818 64,098
10/19/2014 134,631 64,303
10/26/2014 136,614 65,039
11/2/2014 141,808 66,054 125,147
11/9/2014 146,222 66,547 137,802
11/16/2014 148,928 66,859 144,572
11/23/2014 165,824 67,301 166,291
11/30/2014 170,500 67,640 172,634
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Comments

  1. The Real "Cool" Dave says

    @TimTom says –December 7, 2014 at 9:16 pm
    “@The Real Cool Dave – No problem at all . . . ”

    Yeah — I see your point. My data was not meant to be a boast, just an informative example. However, this is just a good time to emphasis to BUY the COIN and NOT the slab/label.

    If NGC appeared to do something like that, I would phone/e-mail/write to David Hall — I am sure he would not be to happy about his company grader pulling a stunt like that (especially if obvious) — he has a reputation to maintain and I am sure he would not want that getting around with pictures of the coins/slabs.

    Not too mention, it would not be too hard to remedy something like that — remember their is more than on TPG and many reputable appraiser/dealers.

    Something to keep in mind all — you don’t need to have a title to accurately grade/appraise a coins condition. There are known dealers and collector’s who have a reputation for accurately assigning a grade to a coin.

  2. jhawk92 says

    @Cool Dave-yes, I’m sure there will be “oops’s” in my coin collecting future. I just want to learn enough to try and make them on small purchases and not big ones. 😉

    @VA Bob-well said about someone being “not proud.”

    @Bob R-yes, and today it falls on a Sunday just like 73 years ago. Flag would be flying if I were home.

  3. Bob R says

    I understand PCGS is not doing a First Strike label Sags C&C as of this time, surprised me they do not want to go after the money.

  4. Bob R says

    @jhawk IMO you could go in and pick up some older classic more common coins at some very good prices today which should gain substantially over the next 30 years no mater what happens with the PM markets. Look into 19th century US coins, half dimes, indian pennies, barber’s etc, you can pick up some of those common ones at good prices today.

  5. GoldFishin says

    @Dave(Cool)- you mentioned in your post about the morgans the use of a blacklight. Could you detail what you are looking for and what one could expect to show up with the use of a blacklight? Is it just biological substances you are looking for or does it also help with determining alterations/counterfeits? Thanks in advance!!

  6. GoldFishin says

    @VA RIch- glad your back Va Rich….I broke down and bought a JFK Silver Proof 70. I couldn’t pass up the price(less than $60) and checked out the photos on NGC in advance. I am thinking I might do a Proof subset with a JFK Gold PF70, Silver PF 70, and a RP PF70. I think that would be a cool set and will save me some money also.

  7. Bob R says

    @ Hawkster, yes that is a good thing, just surprised they haven’t felt the greed, maybe they didn’t expect so many sets sold?

  8. Bernie in FL says

    @VARich and Bob R

    I know. It is Odd, everyone went to NGC to get there Sags graded with their Special Labels and most coming out as 69’s. Well, I sent my sealed box of 3 Sags form the Mint to PCGS a few days ago just to see what in the Hay they will even send me. I could have just sent them to NGC, but as you know most of us are either PCGS or NGC guy’s, and I am a PCGS guy. Well, I am also a Chevy guy instead of a Ford 🙂

    But as soon as I get my Coins back from PCGS I will let everyone know what the label is and the grade for the 3 Sag C&C’s I sent in. I requested a special label and (or) a First Strike Label. The CS over their has not called me nor notified me they cannot do it. So we will see…..

    The First Strike maybe a mute point from PCGS as if we are actually Sold out of Sag C&C from the Mint it makes No difference. Since PCGS may not offer a FS label it seems they knew the Mint was Sold Out. Maybe they got an overwhelming Grading Order from a Company and knew something.

    Because you are right. They are a Publicly traded company and have a fiduciary responsibility to their share holders to Make Money. So it makes No since they are passing up on this unquice situation. Any idea guy’s? Or is this Typical PCGS ??????????????

  9. Bob R says

    B in Fl, I just think they missed the boat not expecting it, kinda like the BHOF young collector set, just another clad coin in a set.

  10. Bob R says

    The PM is down in Asia at this time, so let’s see if the last 2 week trend continues and they will be up this side of the pond.

  11. Bob R says

    Really enjoying watching the PBS series “The Roosevelt’s: An Intimate History” again, when it get’s down to the nut’s and bolt’s of numismatics most of us love history, IMO.

  12. The Real "Cool" Dave says

    @GoldFishin says – December 7, 2014 at 11:22 pm
    “@Dave(Cool)- you mentioned in your post about the morgans the use of a blacklight.“

    Fluorescent substances absorb the ultraviolet light and then re-emit it almost instantaneously. Some energy gets lost in the process, so the emitted light has a longer wavelength than the absorbed radiation, which makes this light visible and causes the material to appear to glow.

    -By Anne Marie Helmenstine, Ph.D. (Chemistry)

    In a nut shell: Grease, petroleum jelly (used to “rub” coins), body fluids (as you mentioned), detergent’s/bake soda (residue), toothpaste and all kinds of other crap (glue, braze lines, wax and on & on) that can be used.

    You got it, hit the nail on the head, “determining alterations/counterfeits,” cleaned, altered, et cetera, et cetera. I don’t know if the grading boys due this or not, I doubt it, that is often why coins spot in the slabs.

    Nobody will take care or give more caution than the owner of the coins.

    One thing the graders (top tier or otherwise) will probably not admit — even they can be fooled.

  13. The Real "Cool" Dave says

    @jhawk92 says -December 7, 2014 at 10:24 pm
    “@Cool Dave-yes, I’m sure there will be “oops’s” in my coin collecting future. I just want to learn enough to try and make them on small purchases and not big ones.”

    Oh, for sure — you’ve got to start somewhere! Believe me everyone learns this way and believe it or not many have made some pretty interesting goofs on larger purchases, I know I have.

    Again, sometimes that is the cost of an education at, Numismatic/Coin Collecting University (NCCU).

  14. The Real "Cool" Dave says

    @Bernie in FL says –December 7, 2014 at 11:37 pm
    “I could have just sent them to NGC, but as you know most of us are either PCGS or NGC guy’s, and I am a PCGS guy. Well, I am also a Chevy guy instead of a Ford.+

    I use NGC and also have no problem with ANACS, pound for pound I think they do an excellent job, as well; I have purchased many slabbed ANACS coins. Sometimes I think they do even better.

    By the way, I am a Dodge boy myself 🙂

  15. Keep Calm & Stack On says

    GF – congrats on the great deal! (BTW, I had to revert back to an old phone which is driving me nuts, it has a mind of it’s own and sends what it wants, my 4-coin set will come in the form of new phone by EOM which sucks). I’m really surprised the silvers have dropped in price so fast, I truly thought it would be in about 3 weeks and we’d see demand taper off. I can’t help but to think the flipper population has been culled somewhat as this is the 3rd ‘go’ which has followed the same quick spiral drop off in secondary value. Unless you’re bringing something unique to the table (unfortunately in the form of a label most likely, what’s the point unless you’re a volume dealer). Oh well. Don’t forget, if you go with a Proof sub-set, budget for a Mint State 70 DM “Proof-Like” as well, …wonder if that comes in Zebra variety as well, how fitting?

  16. Keep Calm & Stack On says

    I need to ask a dumb question for my edification, how many Dave’s are there really out here? I thought I once knew, not so much anymore…

  17. Keep Calm & Stack On says

    When looking at your Sacabucks, don’t forget to check the position of the edge inscriptions (Position A or B whether the coins edge inscriptions read correctly or upside down when the coins obverse faces up) – not implying anything, but you never know

  18. cagcrisp says

    I track ALL bay Sales of the Gold BHOF, Silver BHOF, Gold Kennedy and Gold Saint Gaudens. Sunday was the Most Active day in months across all product lines. It APPEARS that Sunday was Cyber Sunday for the coins that I follows. Seems to be a Good time for sellers. Across all products that I follow on a Percentage basis there were many items Sold that surpassed previous sell prices.

  19. Dave SW FL says

    The NA C&C sets will continue to plummet in sales price due to the glut by the flipper dumpers on the Bay. There are currently 435 sets for sale there and certainly a boatload more to come when the additional sets are received.
    Any true value will probably take years to be recognized, unless , of course, you get a cherished 70 from PCGS .

    In this case, sold out at the mint will not translate to a bump in prices – that happened with the speculation of early low mintage sellout.

  20. Dustyroads says

    Surly the NA C&C sets will see some uptick eventually. It’s easy to anticipate them selling at the present level while stocks are high, but hopefully they can rise in value to $50.00 or more in OGP before long. I like to compare these to the 2007 Washington dollar coin with missing edge lettering. It’s widely believed, as far as I know, that there are around 50,000 of the coins in existence, but since there are many other “missing edge lettering” coins out there of other Presidential dollars in lower numbers, these seem to escape interest from most collectors and sell in the $35.00 range. The NA C&C sacabuck’s look to fit a nice spot to remain an interesting coin to collect on down the road as it really doesn’t have a competitor. Much like the 1997-P Jefferson matte finish nickel at 25,000 total, it very much stands alone, and as most of us know even the 1994-P matte finish nickel with it’s much higher mintage of 167,703 demands a greater amount today than some are anticipating the sacabuck’s ever reaching. True, the collector base is believed to be smaller for the NA C&C set coins, so only time will tell, but I won’t stop believing too quickly, because native American Indian themed coins are indeed loved by many.

  21. JBK says

    I finally opened my 4 sets this weekend, and I was floored. These are beautiful coins. If I never collected another dollar coin I would still want one of these. They are unique in their own right. If the Mint starts pumping out tons of EU coins then maybe this could get lost in the shuffle and appeal only to Sac collectors, but otherwise, this is special coin that would appeal to a wide variety of collectors. At original issue price it is a bargain and I would encourage anyone who is remotely interested to get one if/when they go back on sale.

  22. Frankie says

    ^
    With regards to the presidential dollar coins with missing edge lettering – these were man-made by an ex-US Mint employee who now serves time… These should be considered as illegitimate and I can only hope the market will reflect that (one day).

    I honestly hope the US Mint continues to produce these sets containing coins with surface finishes not available elsewhere. This way, our hobby keeps being interesting. But I do hope household limits are being established!

  23. The Real "Cool" Dave says

    @Frankie says -December 8, 2014 at 12:26 pm
    ” With regards to the presidential dollar coins with missing edge lettering . . . ”

    No, not entirely correct — yes, there were SOME, but not all.

    “These should be considered as illegitimate and I can only hope the market will reflect that (one day).”

    I believe and history has shown that it will be just the opposite. 🙂

  24. The Real "Cool" Dave says

    Look at this weirdness on the last order that I placed:

    Order Placed: Dec 5, 2014

    Order Status: Please contact Customer Support: CREATED

    Order Number: USM0277XXX3

  25. cagcrisp says

    @The Real “Cool” Dave, I Don’t see that the video says that the Mint has stopped Sales “for good”. Just the opposite.

  26. The Real "Cool" Dave says

    @cagcrisp says -December 8, 2014 at 1:41 pm
    “@The Real “Cool” Dave, I Don’t see that the video says that the Mint has stopped Sales “for good”. Just the opposite.”

    Ok — thanks, that is why I ended with the “?” mark. I could not quite make out all the sound on my notebook.

  27. Dan in Fla says

    I cannot read all the above entries as some of them are very long.
    The Mint juat informed me that the coin and currency sets are sold out for this year.

  28. fmtransmitter says

    If it really is an error; how did it slip past PCGS???

    It didn’t, it says it is “Minor Variety” right on the label…

  29. fmtransmitter says

    NC_Stacker says
    DECEMBER 8, 2014 AT 2:30 PM

    @Pool Shark

    It didn’t slip past PCGS they have it marked as a DDR

    LOL get off my party line…lmao

  30. cagcrisp says

    @Dan in Fla, “In announcing the resumption of sales, U.S. Mint officials said Dec. 3 that the bureau plans to produce the maximum authorization of 50,000 sets. “We did not anticipate such high demand, but are very pleased that so many of our customers are interested in the set because of the Native American $1 Coin,” Mint spokesman Michael White said Dec. 3 in announcing the resumption of sales”

    SO….Once you see sales of 50,000 you will know they are no longer available. Tomorrows numbers should give you a good indication of how Close to 50,000 have been Sold…

  31. jj says

    @Dan – mint rep just informed me as well. the $1 CC set is indeeed SOLD OUT . congrats to those that got one!

  32. Ralph says

    Dan & JJ : Thanks for the information. Should see the price rise now!
    fmtransmitter ; just checked out that coin discovery set. Very interesting! When I enlarged the coins., they all seem to be 2014 Kennedy’s, Proof, Uncirculated & Circulating? Maybe the Uncirculated is from a 2014 Mint Set. Proof from a Proof Set & Circulating from rolls.

  33. IPS_STUFF says

    Has anyone received a ship date for TA9 that was placed on 12/4

    I have tracking for 12/3 placed orders. I am wondering if many of the 12/4 orders will not be filled.

    Thanks

  34. Alfred E. Numismatic says

    As Cag said, NO ONE will know the sold out factor UNTIL TOMORROW’S sales figures through yesterday are published – Mint reps (ie. clueless mint CS phone sales people) especially. They get the same info screen that you do if you log on to the Mint’s web site. Now, let’s all kick back & have some fun speculating whilst waiting.

  35. CasualCollector says

    For the C&C Sets, has anyone gotten any Interesting patterns on their Dollar Bill? Also, do we have a record of the current Lowest and Highest Serial Numbers?

  36. M says

    So if one removes the SAC to preserve the packaging…submits…can we still get a standard Early Releases Label with Enhanced designation…just no C&C Label????

  37. I started collecting yesterday says

    I’m glad fmtransmitter and albumaccumulator mentioned the Kennedy Uncirculated and Circulated coins in the Intro to Coin Collecting Set. I know I only started collecting yesterday, but I thought the Mint ended circulating Kennedys years ago.

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