Introductory Pricing Ending for Baseball Half Dollars

The introductory pricing period for the 2014 National Baseball Hall of Fame Clad Half Dollars is scheduled to conclude on Monday, April 28, 2014 at 5:00 PM ET. This leaves collectors with just a few more days to take advantage of the lower pricing for the individual proof and uncirculated coins.

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Sales for the commemorative coin program had started on March 27, 2014 at 12:00 Noon ET. Amidst an opening day frenzy of orders, the proof and uncirculated $5 gold coins had quickly sold out of the combined 50,000 maximum mintage. This was followed by the sell out of the proof and uncirculated silver dollars at the combined 400,000 maximum mintage after less than two week of availability.

The clad half dollars have trailed the silver dollars in sales figures. As of April 20, 2014, the US Mint has reported sales of 119,869 proof and 74,203 uncirculated half dollars. This represents combined sales of 194,072 coins from the 750,000 maximum mintage.

The half dollars feature the same concave obverse design featuring a glove and convex reverse design featuring a baseball. Under the authorizing legislation for the program, it was the sense of the Congress that the silver dollars and $5 gold coins be produced with the curved shape. Last year, the US Mint announced that the half dollars would also feature the curved shape to accommodate the broadest range of customers at the most affordable price. The coin actually represents the first and currently the only clad concave-convex coin produced anywhere in the world.

Introductory pricing for the 2014 National Baseball Hall of Fame Clad Half Dollars is currently $18.95 for the uncirculated version and $19.95 for the proof version. The US Mint continues to impose a household order limit of 100 coins per version. After Monday, April 28, 2014 at 5:00 PM ET, the prices will be raised by $4 per coin to $22.95 for the uncirculated version and $23.95 for the proof version.

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Comments

  1. Pittsburgh P says

    @fmtransmitter you were told 30 days? I was also told 5 business days by customer service but once when I signed up for a subscription on a Sat. for a Thursday release and it was processed on Monday… I was told I missed the deadline but then still received my coin at the discounted price.

  2. HIdalgo says

    @fmtransmitter – I have, on more than one occasion, stated on this blog that you cannot rely on what the U.S. Mint’s Customer Service (CSR) representatives tell you. It all depends on who is answering your call. If you call the U.S. Mint’s customer service phone number, say 5 times, you can possibly receive five variations of the same answer…. or five totally different answers.

    @CoachMike and @fmtransmitter – I can tell you that I ordered a subscription for the America the Beautiful 5 ounce silver coin on March 15, 2014 and my order was processed on April 4, 2014 — well within the quoted 30 day pre-order period (but outside of the quoted 5 day pre-order period). It is entirely possible that, because of the volume of subscriptions the US Mint has received for the 5 ounce coins, that a 30-day pre-order period has recently been imposed.

    You can order a subscription now if you want the Shenandoah coin. If your order is processed, then you will receive your coin. If your order is not processed, you can cancel your subscription or wait for the next coin in the series to be automatically shipped to you.

    Remember the rule of thumb: If you snooze, you lose.

  3. Ray says

    People dont just submit theirs coins blindly (well, for the most part), and thinking that these bhofs are either falling into the 69 or 70 grades, is a bad assumption. i have yet to receive a coin that i would think would grade above 68. yeah, im a bit frustrated, and i have about a 50% return rate with the usmint. im also sending back my GSM AtB because there are scratches on the reverse. I’m hoping for better results with my exchanges.

  4. HIdalgo says

    The US Mint’s 2014 silver proof sets go on sale Tuesday, April 29th. I hope you ordered a subscription for the sets already if you want a 10% discount!

  5. MN says

    I ordered 2 Sliver Proof Set subscriptions 4/15/14 and the most recent info shows a 5/12 ship date. I asked the “last date to order Subscriptions” question on this site after seeing the Mint Subscription info had changed to 2015 for this item by Saturday and was curious as to why.

    I have a recent BHoF Clad order “On Hold” but it was over $300…a small order placed later that same day shows “in process” but that has standard shipping. My previous orders from the Mint were smaller quantities too, so that may be the reason I never saw a HOLD status (not long enough for me to see it anyway).

    Two Silver Proof replacement coins from my 3/27 @12:18 order are in stock/reserved and a cc charge is pending. 10 days after 4/14 tracking showed return delivery, Order History status updated and a credit email followed.

    I got a flawless looking Unc Clad from the PA Gift Shop but the other 2 unc had line dent/s and the 3 prf had many numerous “dog teeth marks” on the ball side (two capsules were set in the case sideways so these coins may have been picked over). Regardless of paying $9.95 postage + $3.11 to return, the Gift Shop got their coins back. No major finish issues with the Denver Gift Shop Silvers but I’ll be sticking to U.S.Mint purchases from now on.

    The cheapest version Unc Clad Half-Dollars can be beautiful but like another mentioned, it will be a challenge to find the “70” looking ones (agree this coin may be a sleeper). The unc clad look has a pure look and from what I saw, it’s a lot better looking than the proof clad (rough frost in this metal). Off to order more of the clad, the version I was not interested in before I saw how stunning the unc can be! Ditto on Happy Hunting!

  6. Pittsburgh P says

    I’m sorry to hear that so many people have had issues with their BHoF coins. Personally every one I have received so far from the mint and the gift shops have been perfect… The worst being a silver unc with a dull spot on the top of the ball side. I don’t grade all the ones I keep but I posted my results before and I only received one 69 back and the ones I kept in ogp were even better… Even the 2 clads I submitted were 70s. In fact I’ve only had to make one return ever. Maybe I am just lucky or not as picky.

    I know everyone doesn’t want to hear about grades and so forth but others do so I am just letting others know of my experiences. I don’t collect labels or grades and only buy my modern coins from the mint but don’t mind getting a few graded to keep & to help pay for my collection. Sorry to carry on… Happy collecting

  7. GoldFishin says

    Thank you Ray, MN and Pitt P. for your info and experience with the HOF coins. Much appreciated. I am pretty picky myself, like to keep the best coins I possibly can.

  8. VA Bob says

    Pitts P – The Sheldon coin grading scale is the hobby recognized standard. I believe there are few if any that would not enjoy hear about the grades your coins received. Grading existed before TPG’s came around. Who graded before them? Dealers and collectors themselves. One learned about their coins, in some cases sought second opinions, and they developed relationships with other hobbyists.

    Now many people rely on the TPG’s. And to tell you, other than seeing a lot of any particular coin, their opinion is as subjective as anyone else’s. Many people would be surprise to know the number of coins re-submitted to other, or even the same TPG’s for a re-grade or do-over if you will. What are they really selling you when grading a modern? Seems a nice uniform holder and a label. Nobody has ever sent them a <69 expecting a 70 back.

    Grading coins is not difficult (except for perhaps for varieties, and not even those if you know what to look for). There are reference books that show most coins in various stages of each grade. True this is mostly for coins that have circulated, not these modern commemoratives. One should be getting a 69 or 70 from the Mint(s) every time unless there is an obvious defect. Use a 10X loupe to look. If you use a monster high powered loupe (microscope), you WILL find imperfections at high levels even 70's.

    What does frustrate me is buyers that have no idea what they are buying and sellers that specifically target those buyers. Neither are helping this hobbies long term health. Now I'm not suggesting anyone commenting here falls into either category, I don't know anyone well enough to say.

    I can say I was pretty happy with all my BHOF coins. I bought one of each finish and denomination, except for proof silver, which I bought 3, one which will be a gift. I bought not so much because of baseball, more of the first of it's kind by the US Mint. Now that they did it, as many of you feel, I hope that's it. I also hope they don't go over board with gimmicks… come on a shark bite coin. Really? Some might like that.. collect what you like.

  9. DCDave says

    Just went through all eBay SOLD listings for BHOF 70s (gold, silver and clad) from the first day of sales and discovered prices are plummeting across the board with a downward trend.
    Golds and silvers around 1/2 of initial sold prices. Still big premiums for 70s, but all are trending down.

  10. HIdalgo says

    @DCDave – are you surprised? We’ll likely see further drops in prices as the US Mint ships more and more of the gold and silver BHOF coins. Of course, there will be an equilibrium point where secondary market values will level off. What the price level remains to be seen…..

  11. Pittsburgh P says

    @va bob I agree with what you say but Imo its not the dealers fault or the inexperience of the buyers(not always at least) that these labels and slabs are selling… And at a huge premium! Its the tpg’s themselves and the media who push them along with collectors who create demand for their slabs/labels. I’ve read article after article telling people(mainly new collectors doing research) to only buy ngc and pcgs, here is a recent example:
    http://www.thinkadvisor.com/2014/04/20/how-to-cash-in-on-rare-coins

    Also, that is all some collectors will buy… I’m not saying shady dealers have zero to do with it but its almost expected if its not a dealer you trust and have built a repore with. Money is money I guess.

    About your point of 69s being resubmitted… My freind has done that on a few different occasions. Broke open a 69 and sent it back to pcgs and each time it came back a 70!!! Honest, I have watched him do it.

  12. VA Rich says

    Good grief guys, you crack me up with the misinformation on the price trends – for the $5 in OGPs, the price has GONE UP, not down from two weeks ago. $1 sales are all over the map for one to even assess a trend.

    The day of the week and time of day of the sale appears to have the biggest influence on the variation that you’re looking at – you all should know that.

    Ray – I think we’ll see some much improved grading numbers coming forward. If you’re really interested in the grading breakout numbers, I’ll post my PCGS numbers which should be showing up here later this week. This would be for the order that shipped out first in the first batch the mint shipped. (And those that have commented that they’re slow.., I soooooo concur!)

  13. merryxmasmrscrooge says

    But we were not the first to inovate a curved coin. The Australian Royal Mint was.

    2012 Southern Sky Crux Curved Coin

    Engineering Innovation Awarded at Excellence Awards in Canberra
    Royal Australian Mint receives Engineering Excellence award for Engineering Innovation
    The award was handed to the Royal Australian Mint at the Engineers Australia (Canberra Division) on Thursday 12th September 2013. The engineering innovation celebrated at the awards event was the 2012 Southern Sky Crux Curved Coin which was developed by the Royal Australian Mint and is in recognition of the engineering innovation that was required to produce the Crux Curved Coin.

    The Engineering Excellence Awards National Finals will be held at parliament house, where again the Royal Australian Mint will showcase it’s engineering innovation, on the 20th November 2013…

    scrooge had to tell you

  14. says

    I agree with what VA Rich about what he said about pricing of the Golds in OGP. I have an excel spreadsheet with every sell done for the Golds since the first and the pricing for OGP on AVERAGE are at the highest point ever. The day of the week, the hour of the day, the way the pricing is structured, all these things much be considered. In my analysis I do not consider graded coins, just OGP. If you can get an OGP Gold less than $825 you are doing good. Back in March you had Buy It Now pricing for Golds in the upper $500’s.
    Early on I posted that I thought a six coin set in OGP would sell for 2k and on 04/27 a 6 coin set sold for $1,999. 00 +$9.99 shipping.

  15. Pittsburgh P says

    Scrooge most here know this… What I said earlier was the US Mint produced the first CLAD curved coin ever….

  16. natatack says

    Even tho my unc clad halfs havent been delivered yet, from what I hear from others here it is a stunning coin. I may order a few more before the price increase deadline. Not sure what the special set price will be and if there will be a special label produced for that set or not with the unc half.

  17. Pittsburgh P says

    @natatack yeah I’m going to do the same thing… Imo they are stunning even if a little pricey for clad. I want to open one up to carry around in my pocket. We have till 5 p.m.

  18. fmtransmitter says

    TR Set shipped finally today…No clads HOF’s or UNC $1 HOF yet…sloooowwww….

  19. fmtransmitter says

    As for TPG’s I was told by an old time dealer the new coins are graded by the new employees just starting out and classics pre 1933 are done by the experienced guys, 20+ years in business…

  20. Steve says

    I just picked up my gold and silver proofs graded 70s from NGC. These BHOF coins look amazing in NGC slabs. The OGP doesn’t do them justice.

  21. fmtransmitter says

    No Steve, in hand with a pair of white cotton gloves does them the best justice but that is just my HO. Congrats!

  22. ips_stuff says

    Not sure about the 70’s graded gold, but I know the OGP gold is not moving down. I sold a proof gold in OGP on 4/26 for $848, started out selling first as presale at $629. Very apparent to me that the prices have not started to drop yet. I also am seeing a continued uptrend in the Silver in OGP.

  23. Pittsburgh P says

    @Steve agreed that the NGC slabs look good, especially with the side veiw. Yet, having both, I prefer the ogp holders… I think they are high quality and(to some it may be sacrilege) I like to take em out and handle the raw coin. Hope you asked for the casing back… I think some people will want them in the future.

  24. HIdalgo says

    Coin World Weekly has published an article related to the $5 gold Baseball Hall of Fame coin said to have a missing “W” mint mark. According to the article, the US Mint checked all of its dies for the $5 coin, and all of them had a mint mark.

    Coin World Weekly also states that the Great Smoky Mountain bullion coin has sold out. The coin will be minted to demand, up to 40,000 pieces.

  25. VA Rich says

    ips – congrats on your sale; I got less for sealed ones a week or two prior to your 4/26 date 🙁

    cagcrisp – if you plan to maintain your spreadsheet and analysis, I’ll gladly pay a little royalty for that info or throw a $1 PRF/UNC or two your way for bi-monthly updates over the next year. Be great if it supported a pivot table. Think about it about please

  26. Louis says

    @Scrooge- The French issued the first curved coin in 2009 and the legislation creating the BHOF specifically mentioned the French coin and said the baseball coins should be similar, so one of the first things the Mint did was reproduce the French coin.

  27. fmtransmitter says

    Pittsburgh P says
    APRIL 28, 2014 AT 10:41 AM

    nevermind, they did… If gold was at this price last month the BHoF unc 407$

    Obviously we all know how the price is manipulated by the touch of a button but also NO ONE would have one if we waited…lol

  28. Ray says

    VARich, I’d love to see the #s on your PCGS submissions. I got my burnished silver eagle and it looks like a 70 to me. I’m on the fence about rejoining NGC, or going for PCGS this time. I know the submission fees are higher for PCGS, but they draw higher premiums and it would probably be a better long term bet than NGC. I’m also flirting with the idea of keeping anything new in OGP. ugh, decisions, decisions…

  29. Pittsburgh P says

    @fmt I was only makin an observation about the price… Why would anyone wait since it could have jumps two tiers up instead

  30. DCDave says

    With the stock market tanking, I believe more that people will not spend hard earned money on TPG BHOF coins selling for multiples of issue price and high mintages. I’m a collector, but I almost think some of the commentators are professionals (flippers) that are trying to build hype to keep their sales at higher premiums. Just go to eBay and search 2014 baseball 70 under “coins: US” and check off “SOLD”, and you will see a clear pattern, week to week of lower sale prices across all items graded ms70 or pf70. I bought some more clads today since I don’t think I’ll ever regret buying them at issue price. 750,000 or even half of that are a lot to go around though.

  31. VA Rich says

    For the record, I for one am not a professional flipper.., I’ve been collecting coins aggressively since 2006 and have NEVER sold a coin in my life.., well, until April ’14. And now, wish I had started long before now.

    I think many of us out here enjoy analytical side of what’s evolving with this amazing offering. It’s been a blast to watch this unfold, it’s exciting, and it’s been a lot of fun to make some profit along the way.., which is helping me maintain my collecting at a rate that I otherwise COULD NOT MAINTAIN (this hobby is way too expensive year over year),

    & it’s a great way to help offset the cost of bucket list items.., the proceeds from the sealed boxes I sold will go towards a trip to Kissimmee for a flight in a P-51D Mustang so I can go tearing ass across the Florida skies with a big ole smile.., call it what you will DC.., I call it a kick in the pants! 🙂

  32. ips_stuff says

    well if being a “professional” means you made money doing something, then I think lots of us are professionals. However, if I can sell a portion of what I buy to be able to pay for what I keep, then that is a plan that works for me.

    Again, I am not monitoring the graded coins and I am not trying to manipulate the market in any way. I just know that the coins in the OGP have been selling for higher prices for me every time I have posted a new ebay listing.

  33. Louis says

    @DCDave- Stocks are about 2% off their all-time high. They are not tanking. They can’t always go up, and it is actually very bullish that they have softened a little recently.

  34. Wes says

    Really haven’t read about any other possible errors on BHOF coins after the first claim of missing mint mark was debunked.

  35. Wes says

    I understand the capsules in OGP being curved with the coin really look nice. Don’t understand why anyone think’s a label adds to the display of the coin.

  36. steven says

    The problem for OGP, in the long run, is after cherry pick by a lot of “picky” collectors and dealers during changing hands, will end up with not so nice coins inside. New buyers will have to presume the worst when they buy OPG online, I guess, which will reduce enthusiasm.

  37. Don says

    For what it’s worth, at an upstate NY coin show on 4/27, the dealer next to me had 10 silver HOF coins in OGP (I believe half & half). He priced the UNCs and Proofs at the same price-$100. He sold 9 of the 10. I won’t get mine until May (the silvers that is). I can hope, but I don’t expect to get anything close to that price. Needless to say, a happy dealer.

  38. Natatack says

    There is a possibility with the $4 price increase that sales will slow down and possibly not meet the 750,000 max mintage. $19-20 was kinda pricey for clad but a 20% increase might stretch sales till the end of the year or they stop it early. Could be a potential sleeper for those looking for a cheaper version of the gold/silver coin.

  39. Durf says

    Perhaps it’s sacrilege but my BHOFs arrived late last week and I couldn’t resist taking one of the PR halves out of its capsule – the shape and texture is irresistible and literally in hand enhances this coin’s attractiveness. (Of course I did not do this with any of the $1 or $5 coins.) Interestingly, although the curvature is markedly less than the $5 and $1 (which is proportionately slightly less curved than the $5) it feels just right.

    Okay, I did have a motive – took it along to the Mariners’ game Sunday (go M’s!! 6-5 over Texas after an 8th-inning 3-run homer) and passed it around the usual crowd around our seats. Those who have posted that the general public is unaware of these coins can pat themselves on the back – but not too heartily. Many did show a range of interest from an interested but mild “Cool.” to warmly enthusiastic “Wow!” (the latter were dominated by young people who will get proofs as a surprise gift this summer) – but even more glanced at it and just passed it on. Not many questions as to where I acquired it.

    Perhaps it’s this: to the majority of folks, even baseball fans see this as just a coin or just a coin that looks like a baseball – they did not see a Baseball Coin or a Hall of Fame Coin. Perhaps text arching around the rim above the glove stating “75th Anniversary – Baseball Hall of Fame” would have made a difference. As it is, there’s no direct tie-in to what fans care most about: their team, or something tangible about the sport.

    We all know the USM isn’t the best at marketing (it preaches to us, the choir) – so if this is to take off and capture the imagination of a wider audience, MLB would’ve had to participate in the marketing. That ship has sailed. I looked at the M’s schedule; there are Poster Nights, Bat Nights, a Beard Hat Night, Reusable Beg Nights (this is Seattle), several Bobblehead Nights – but there’s no “Recognition Night” for the 75th anniversary of the Hall of Fame.

    Teams could still have simple promotions this summer where each game one or two lucky fans would get a commemorative proof half (perhaps with a special added certificate and/or packaging identifying with the team) throughout the summer. Otherwise, doesn’t seem like interest is going to pick up from the general baseball fan crowd.

  40. Wes says

    I might think that buying OGP from a dealer will be Cherry picked but not so much from a collector who bought coins from the mint.

  41. Natatack says

    I am sure within the next 6 months every coin shop will have these coins in one form or the other. Be interesting to see how many sports memorabilia stores will carry them. Some people have compared these to the 2001 silver buffalo dollars which have a mintage of 500,000 which have seems to have mostly been of absorbed into the collectors market placeand have maintained a decent premium. I use to see a few in the local dealers shop but none the last few times there. I see more on ebay with prices all over the place. Looking at the price history of the proof 70 (NGC ) I was surprised to see that in the height of the market in 2007 they were retailing over $1000 and the ms 70 were going over $800. Let’s hope these do close to this record.

  42. VA Rich says

    Natatack – good points! For reasons cited previously, this offering continues to throw a lot of curve balls.., not only in mintage and delivery dates, but in quality as well. For example, in going through two orders of 5 this evening of the $1 PRF – 1 coin of 5 was good (four had the same shiny tick mark(s) at the 7 o’clock position just South of the threads on the obverse and it’s was quite noticeable) and of the other lot of 5 – one had rough spots in the field North of the glove and two had blemishes East and West of the Glove in the fields.

    That’s 3 of 10 that didn’t have issues apparent to the naked eye, granted I started with a LED lit 30x loupe and backed down to a visual inspection and saw the same.., while I may be overly scrutinizing.., I’m coming to the opinion that it’s luck of the draw with this one.., though with that said, it’s still a pretty awesome and unique coin, even if its circus coinage! 😉

  43. natatack says

    Durf, good idea about promoting a free give-a-way of the HOF coins. I think the HOF museum should procure a set number for promotion at all major stadiums, since they are on the receiving end of the surcharges it would be to their benifit to try to make sure they can get the 750,000 numbers sold. Currently with only 194,000+ sold the added sales if it would reach the 750,000 number could bring in over 2.7 million dollars for them. Something for them to think about.

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