Kennedy Half Dollar Clad Set First Day Sales Reach 68,974

The United States Mint has just indicated that opening day sales for the 50th Anniversary Kennedy Half Dollar Uncirculated Coin Set reached 68,974 units. This amount has already exceeded the Mint’s initial production level by a wide margin and portends strong demand for the two forthcoming anniversary releases.

product front

Each set contains one 2014-dated Kennedy Half Dollar each struck at the Philadelphia and Denver Mint facilities in standard copper nickel clad composition. The coins both carry the original 1964 portrait design on the obverse, making them distinct and separate issues from previously released coins.

The sets were priced at $9.95 each and carried an ordering limit of five sets per household.

Ahead of the start of sales, the US Mint had indicated that they had produced 37,000 sets to have available in hand and ready for fulfillment. With first day sales of 68,974, demand seems to have been far beyond the Mint’s initial expectations.

Contributors to the strong start of sales are the unique nature of the coins included in the sets as well as the affordable price point. Past United States Mint numismatic products containing exclusive coins have typically been priced at higher levels since they were gold or silver coins. No doubt sales levels would have been even higher if not for the initial ordering limit of five sets per household.

The next 50th Anniversary Kennedy Half Dollar product to be released will be the 3/4 oz. 24 karat gold proof coin available on August 5, 2014. A four coin set containing 90% silver coins from different mint facilities and struck with different finishes will be released in the fall.

Facebook Twitter Email

Comments

  1. Clark says

    When considering the potential popularity of the 2014 gold Kennedy half dollar coin, I think of two highly popular and heavily promoted 24K gold coins: the 2009 Ultra High Relief Double Eagle and the 2006 one ounce Buffalo proof.

    115,178 UHR Double Eagle coins were minted and sold for an issue price of $1189 and were subject to a strict household limit of one. There were 246,267 1oz gold proof Buffaloes minted in 2006, the inaugural year of the gold buffalo program, with no meaningful household limits and an original sales price of $800. Prices later varied as the price of gold fluctuated.

    I’ll hazard a guess that puts gold Kennedy sales somewhere between these two relatively recent gold coins: Early sales will easily exceed 75,000 and final sales will pass the 200,000 mark. Of those, I will purchase one–and only one–for my collection of Kennedy halves.

  2. Wes says

    My order has moved up from 9/8 to 8/8. If it is sent then maybe the mint can send out a new coin in a returned package since the hold up sometimes is the packaging.

  3. says

    Hey Wes,

    Do you really want someone’s returned packaging after it has been handled by the original recipient? Besides, among the reasons a coin set is returned is a defect in the packaging itself, not the coin(s). I would rather wait for the Mint to get its new supply of packaging if that’s the reason an order is held up.

  4. says

    Some Statistics on GOLD BHOF coins:

    1. The Supply of OGP Golds on the Bay is Less than Anytime since I started keeping track of offerings.
    2. In the last 10 days prices for OGP Golds ‘Buy It Now’ have increased for the “Price +Shipping = Lowest First” $70.99 from $579.00 to Today’s lowest BIN @ $649.99
    3. The apparent constant supply of a Particular TPG 70’s BIN’s from 2 Sellers in Florida has at least for the time being dried up. In the last 10 day I counted 44 70’s that have Sold by the 2 Florida sellers. Currently they have Nothing to offer and the BIN pricing for the Same Grade from the Same TPG has increase $80.00 from the last 10 days High of $659.00 to Current Lowest BIN for a 70 @ $739.00

  5. GoldFishin says

    @cagcrisp – I think you definitely hit the nail on the head when you predicted that once the Gold HOF orders were cancelled there would be buyers in the open market looking for coins. I think it really helped that MCM quit listing a couple days before the announcement. There has been a nice rise in prices since cancellations notices went out across all Gold offerings. It will be interesting to see if the momentum keeps up. Thanks for the stats!

  6. says

    Cagcrisp,

    Have you ever entertained the thought of becoming a statistician for a Major League Baseball team? As a resume, just submit your above comment to the general manager of the team nearest you. Very impressive research!

  7. says

    @Hawkster, Accounting major and Economics minor. Taught Business Stats course in college Back in the Day before I entered the For Profit World….

    I was statistician for High School Basketball team. I was a Triple Threat. Couldn’t Jump, Couldn’t Run, Couldn’t Shoot. All I had was a Basketball Players shoe size and I could sweat with the best of ’em…

  8. VaBeachSteve says

    @ Cagcrisp- thanks for the info & updates on the $5 gold! My next question is, have you also been tracking the Silvers? Do you think prices have bottomed yet for these? Last I remember reading was that 69% of silvers have gone out. Have you heard otherwise? I’ve always agreed with you and others on the board the Golds would rebound pretty easily, I’m just not sure about the silvers. And Yes, I have some good size orders outstanding.

  9. gary says

    Doe anybody know if the US Mint has announced how many (if any) of the Gold Kennedies they will have on hand to fulfill the orders placed on the 1st day that they can be ordered?

  10. says

    Cagcrisp,

    That explains your wizardry with statistics. I could have used you back in the 60’s when I took Statistics 101 in college–norm, mean, median, standard deviation, and all that good stuff.

  11. Tinto says

    40,000 gold Kennedys .. wonder how many will be submitted for the FS labels?
    I’ll stick to the silver… two or three sets max

  12. thePhelps says

    Yes – they’ll have 40,000 Kennedy’s and 15,000 boxes to put them in – if the past has taught us anything.

  13. says

    @VaBeachSteve, I do track OGP Silvers. Started tracking them later in the game. I have tracked OGP Gold since Day 1. Only started OGP Silvers on 05/18.
    As far as whether the Silvers have bottomed out. The Silvers have shown a Remarkable ability to stay high considering the 400K mintage. The Lowest daily average since 05/18 was 07/16 @ $75.70 with 55 coins Sold and compare that to 07/25 @ average price of $77.08 with 56 coins Sold.

    I think a Lot of the problem pertains to the Following “➤ Silver – “Six percent of all orders have physically shipped. However, since this is an on-going, daily process, if you include orders in process for the inventory we have received, this number increases to 75 percent. Said differently, this pertains to the inventory that has been reserved to a specific order and is in the process of being picked, packed and prepared for shipping but hasn’t physically shipped yet.”

    On other Blogs they are Selling and Cancelling Silver because they think that Only 6% have Shipped and that is just Not the case as I have pointed out in other posts.

    The Mint put the wait list up for Silvers just before 5pm EDT 04/09. Week ending 04/06 the Mint had Sold 355,396 Silvers. That is 89% of Final Sales and considering my shipment on 04/04 has filled you have to think we have 80+% filled orders for Silvers.

  14. bobby says

    Did the mint ship anyone their clad kennedy sets yet? Or were they blowing smoke about fast shipping?

    Also, after seeing the BHOF gold and silver in hand, I personally doubt the kennedy coins will be anywhere near as cool!

  15. Wes says

    Hawster, I would rather have new but if reusing returned packaging gets my order sooner I will take it. Where are they selling the graded packaging at?

  16. Wes says

    It would be great if the mint offered free shipping on all orders like they did last year. They can keep those bags.

  17. Pittsburgh P says

    Cag I am still waiting for my 4/4 silver Unc BHoF coins… Only my proofs were filled & of course the clads. But the uncs are still on backorder with a 7/31 ship by date…

  18. says

    @Pittsburgh P, My 04/03 8am Order contained both Silver Uncs and Proofs. Uncs shipped on 07/17 and Proofs shipped 07/23. My 04/04 3pm Order contained Only Silver Proofs and they shipped 07/24

  19. GoldFishin says

    @Cag – I have Silver BHOF order on 4-6 for both proof and unc. When they finally get to this last order I put in, we will know the end is in sight.

  20. Pittsburgh P says

    Cag my 4/4 order was at 7 pm and the proofs shipped 7/23 before your 3pm order & like I said unc’s are still backordered… Hope they ship soon since yours shipped 2 weeks ago & less were ordered but who knows.

    GF I also have a 4/6 order for both but IDK how close to the end it’ll be 😉

  21. thePhelps says

    I have an April 9th 2:21 pm order for a single silver uncirculated. It was put in before the wait list – I suspect when I see it move off the 8/15 backorder we will be getting pretty close to the end of shipping.

  22. says

    I hope you’ll have better luck with quality than I did. 04/03 order I received 11 Silver Uncs and on the Obverse baseball threads were not sharp on 2 coins. Same order (later shipment) I got 11 Silver Proofs and 1 had small spot on Obverse rim, other 10 were good. 04/04 order I got 11 Silver Proofs and 6 had problems. All problems were on the Obverse. Small orange or rust color dots on 6. 2 were in Exact same spot.

    Under Normal circumstances I would ship back but I read that a Mint CSR said at this point you would get a Refund and Not a replacement.
    NOW I know how many different answers you can get from Mint CSR but I am not willing to Gamble on getting a replacement.

    ANYHOW…I have a 10x and the people that I am giving them to probably don’t See 1x…

  23. GoldFishin says

    @thePhelps – You might have a chance at that coveted “Last Strike” label if too many people didn’t cancel. 🙂

  24. GoldFishin says

    While we are on the subject of “Hall of Fame” coins, I would like to say congrats to the first ballot 2014 Hall of Fame Inductees Greg Maddux, Tom Glavine, and Frank Thomas along with managers Tony La Russa, Bobby Cox, and Joe Torre. Just an outstanding group, especially if you are a Braves fan!

  25. thePhelps says

    GF… That would have been my only signature label – I’d have wanted on my coins. 6 coin set with all of them signed by 1 of the players and managers entering this years HOF.

    I was never a Braves fan – but you could not help but enjoy how well those 2 pitchers managed a game. I personally thought Maddux was the best “pitcher” I ever got a chance to watch.

  26. Pittsburgh P says

    Cag I got the same answer & know others who have too. So I’d say its a safe bet that only refunds will be given for returns now.

  27. says

    Cagcrisp,

    Based on your experience with the HOF silver coins, quality control issues are apparent in both early and later shipments of the offerings. It would be interesting to hear from other Blog readers as to what they experienced, quality wise, in the earlier vs. later shipments that they have received–especially if the shipments were a couple months apart.

  28. Tinto says

    @thePhelps
    “– if the past has taught us anything.”

    Unfortunately it doesn’t seem to have taught the Mint anything.

  29. jeff says

    Cagcrisp your hypothesis is spot on can in regards to the silvers can you say anything about the number of cancelation I am sure there are many who canceled just for these Kennedy’s which I never would have done. I believe if the mint just refunds because of the difficulty in production the mintage maybe 10% less silvers just my opinion thanks for your astute observation in previous post keep em coming.

  30. VaBeachSteve says

    @ Cagcrisp ….. It sounds like there have been quite a few silvers that have been returned due to spots/smudges/ect. I would highly doubt the Mint would sale them to someone else and run the risk of them being returned yet again, soooooo, wouldn’t these “damaged” coins be subtracted from the 400,000 mintage?

  31. Dave says

    23 proof ( so far ) and 20 Unc HOF SD. I have only kept 8 of each and given and/ or sold the remainder. Yes, quality was the reason for only keeping 8 of each.

  32. VaBeachSteve says

    @ Jeff ….. I was thinking the same thing. The Mint did say they were more difficult to produce and with all the cancellations and everyone’s attention now on the Kennedy’s, I could very well see the Mint cutting production short. They are under no obligation to fill the extra orders they took.

  33. says

    @jeff, I know you have posted before about the mintage being 10% less, I just don’t agree with that. When it is all said and done I think mintage will come in between 399,800 and the stated 400,000 mintage. (1). I don’t think the Mint would want Anyone to Know just how high of a quality control issue they have. No One really knows do they? Minting more coins and replacing them alleviates answering that problem and (2). I don’t think the Mint wants to answer the questions “How come you cancelled my order when you didn’t even sell the 400,000 that you said you would sell?” (3). Once you start giving out Refunds and not Replacement then the Original sale is a wash and you can better control production output vs. actual sales.
    If I was in charge of the Mint, with a couple of weeks remaining in shipments, I would say “No more replacements, just Refunds” and then I would continue to send out coins. There Has to be a cutoff point and there Has to be a point where you say “Hey, this guy just wants a 70 and if he doesn’t get a 70 he just sends ’em back until he does”. Any coin is going to have a flaw if you put it under enough magnification. Some are just worse than others…

  34. GoldFishin says

    @Hawkster – my second order for silver proofs which was shipped sometime in early June the quality was good, but not great. I would say very close to the first shipment. However, and this is big however, and I haven’t heard anyone hear mention it, so I thought I would just keep it to myself. When I compare my first hour silver coins with the one I received later, to me they don’t have the same pop, they seem a little less curved, or the strikes are almost too perfect or flatter or something. With my first coins I used to just love to hold them under my recessed lighting and rotate the coin around and around and look at the luster changing in the lighting. With the later batch, they just don’t have that same dancing luster, for lack of a better term. Maybe I am crazy, but I remember posting comments when I first received my silver how it was amazing how they made the glove look like it was worn. With the later coins it just looks more like a stamped glove or more sterile. I don’t know, either way, they are all beautiful coins when the quality control issues are not present.
    By the way, I think the later gold coins have a nicer strike and are more impressive than the early batch. Just my own observations, whew, I am glad I got that off my mind. 😉

  35. VA Rich says

    GF – you’re not alone on your $1 PRF observations. There’s clearly less granularity in the glove and a lessened ‘luster effect’ than the early April shipments. And a yeah, they do appear a little flatter, don’t they?

    Also have noticed that glove is more silver in color, than the early gun metal grey tone, and it often lacks the rainbow burst of colors when held on under light. Getting the planchet centered for the strike seems to be a little more problematic. Seeing a lot on the obverse where the reeded edge comes up on the rim, or is off a bit with a noticeable gap forming on one edge.

    Back in April I sent in some to PCGS as I wanted a few Flag sets, unfortunately 80% came back 69’s. However, those 69’s are of far better quality than the ones I’ve seen since, should I consider having them regarded? Anyone with experience with PCGS regrades have thoughts? Thanks

  36. Pittsburgh P says

    Cag you may be right about the difference between quality in the different shipments & I am beginning to regret selling the coins I received from the first wave. That bein said there is nothing like the first time 🙂 When I got the first order in I also was struck by the “pop” of the coins & haven’t felt that way since but the coins are still great even in comparison to coins other mints are producing at a much higher cost(yes mintage is lower I know) IDK if maybe the quality is close to the same and its just different since it’s not the first look…Just a thought

  37. fmtransmitter says

    Who’s getting the young collectors set? Might be a neat idea for a coach to get for little league teams, maybe the winner of the the championship team gets a set. Neat way to get youngsters into collecting…??

  38. Samuel says

    all my silver unc up to 4/7 are in stock with cancel box, proof still backordered.

  39. says

    My Silver HoF uncs thru my last order on 4/9 are in stock/reserved. All the proofs still backordered to 8/15.

  40. Brad says

    I was looking at the upcoming products section of the Mint’s website this morning. Man, poor Lou Hoover looks like a man in a wig! It’s going to be a little more painful than normal forking over about $1,700+/- for those two coins!

  41. gary says

    @ VARich …. the only one certain to make a profit in regrading your 69 coins will be the TPG. Be sure to factor in your costs for shipping & insurance in addition to the regrading costs.

  42. VA Rich says

    Check this out –

    04/09/2014 at 02:40 PM – 2014 BASEBALL HOF SILVER UNC – 3 units reserved

    Guess 2 pm’ish on the 9th is the Maginot line

    Thanks gary – it’s the principle of the matter I guess, but to your point, there’s no point in throwing good money after bad.

  43. jeff says

    @VA RICH your 69’s will do nicely the comparison 2001 Buffalo with a mintage of 100 k more than the bhof. These will do real good in the coming years it all a matter of price point.

  44. VA Rich says

    Yep, & all others dates on their site!

    Waiting room in 20 minutes, I’m surprised by that

  45. jeff says

    Am I seeing product mintage only 50,000 for the bhof young collector set if that’s the case these are as low mintage to the golds just clad form.

  46. Samuel says

    jeff, are you the seller at bay that sold the MS70 annual unc dollar set a while ago?

  47. says

    Mint excel spreadsheet for:

    50th Anniversary Kennedy Half Dollar Uncirculated Coin Set (K14)

    Total sales from Noon EDT 07/24 until Midnight 07/27 = 84,593
    Sales from Noon EDT 07/24 until Midnight 07/24 = 68,974 or 5,748 per hour
    Sales from Midnight 07/24 until Midnight 07/27 = 15,619 or 217 per hour

    First day Pop, No follow through…

  48. jeff says

    So $25 for the bhof young collector uncirculated coin with a mintage of 50 k and $10 for the Kennedy P & D set unlimited mintage oh mint to demand I’m in for the bhof take my chances more unique set.

  49. says

    Mint BHOF excel spreadsheet update for 07/27/14:

    Gold proof BHOF 32,969 down 5,621
    Gold unc. 18,452 down 3,286
    Silver proof 281,833 down 709
    Silver unc. 146,288 down 548
    Clad proof 202,647 up 3,092
    Clad unc. 130,227 up 2,273
    Gold BHOF oversold 1,421
    Silver BHOF oversold 28,121

  50. thePhelps says

    jeff – the young collectors set isn’t unque – outside of the packaging. The coin in the set is the exact same coin being issued – with a mintage of 750,000 coins. Currently – about 138,000 uncirculated coins have been issued.

  51. HiCal says

    Anyone got their Kennedy set shipped? If so what time was your order placed? Mine went from 7/28/14 to now 8/1/14 order placed 12:49 PM.

  52. jeff says

    The Phelps what’s the difference between the 2012 W Burnished Silver Eagle (230,000) and the 2012 W Burnished Silver Eagle in the 2012 uncirculated dollar set (24,000) I’ll tell you $50 dollars different in the secondary market even more disparity graded MS70 same coin supply and demand there are differences might just be the OGP who knows ..

  53. says

    @Bob R, I would be surprised if they sold 15k of the Young Collector’s set. I have No idea why they had a Waiting Room for this release…

    You can buy the Exact same coin for $2.00 less. Just different packaging…

  54. mark says

    Kennedy unc set …backordered till 8/1/14………young collectors set …..in stock and reserved.

  55. Blair J Tobler says

    I bought the Young Collectors Set. I started collecting Commems in 2010, and I try to pick up these sets as well – I just kinda like ’em.

  56. thePhelps says

    @jeff – while your example is fine to use – I can tell you that I wouldn’t pay $50 extra for the burnished ASE in the alternative packaging – because in the long run you’ll lose money as the value decreases. (IMO) There are several pre-packaged mint items that leave many scratching their heads trying to figure out why people are paying goofy prices… you found one.

    From a commemorative coin perspective – very few of the young collectors sets have gained in value. I actually can’t think of 1 that is worth more than the issue price and I have most of them.

  57. A&L Futures says

    @ HiCal

    The Kennedy Half Dollar Clad sets I ordered at 12:04 PM (EDT), has an expected ship date of 08/01/2014.

  58. HiCal says

    @ A&L, thanks for the info. I was hoping the earlier orders were already shipped, I guess mines will in all probability will ship after the gold Kennedy goes on sale 8/5/14.

  59. TimTom says

    @jeff – no difference in the 2012 eagle, but there are 5 $1 presidential dollars in those sets. those are D business strikes though. IF they were proofs that would explain it since anything out of the 2012 proof set is in demand or at least over-priced.

  60. HiCal says

    I bought one of the BHOF Young Collector set just to see the “special rotating capsule”.

    “This set contains a National Baseball Hall of Fame Uncirculated Clad Half-Dollar enclosed in a special rotating capsule!”

  61. VA Rich says

    Sith – sure does lend itself to that. Surely by now you’d think we would have heard about a Sales Window if that was the case. From your link –

    An initial inventory of 40,000 coins will be available for sale on August 5 through various sales channels. The United States Mint will evaluate sales activity during the first week and make adjustments to its production schedule accordingly.

    In other words, buy early or prepare to wait!

  62. TimTom says

    correction – only the 1 sac is D mint, the 4 pres dollars are P mint. nevertheless, just plain business strikes so i don’t understand the price difference. people just like different packaging i guess??

  63. TimTom says

    @thePhelps – I only own one young collectors set, the 1993 bill of rights silver half set. As far as value over issue price I can think of a few: the obscure olympic sets, the black patriots set, and the civil war young collectors sets. now whether those sell for significant premiums is a different story. i’d have to check the bay.

  64. A&L Futures says

    @ HiCal,

    The U.S. Mint gift shop in Philadelphia has Kennedy Half Dollar Clad sets for sale. If you’re willing to pay $9.95 for S/H, they could be in your possession within the week.

  65. A&L Futures says

    @ HiCal

    I also forgot to mention that the U.S. Mint gift shop in Denver has Kennedy Half Dollar Clad sets for sale as well. The difference is that they, unlike the Philadelphia Mint, are willing to sell more than just two sets (w/combined S/H). You’ll have to use more than one Debit/Credit-card, but you could have them in your possession long before the U.S. Mint ships out your online order.

  66. James says

    I have a question if anybody feels like giving me an opinion. Since I got my sole $1 Unc BHOF coin with a smudge/stain in the center of the coin (damaged) and can not return it to get a replacement (only refund), would anyone suggest trying to clean it? If so, how? I mean, it’s damaged already, what would a little rubbing with a wet Q-tip do more than what is there already? It might possibly get the smudge/stain off. Any thoughts? Thanks.

  67. HiCal says

    @A&L, thanks for the information on the Kennedy clad sets from the gift shops in Denver and Philly. Good to know but I’ll just wait for my online ordered sets.

  68. thePhelps says

    @jeff – some have some haven’t. The GS set did by doing a quick search. Keep in mind most of these are tied closely to the current years commemorative program – and the rarity of the coins in that program add to the value of the colelctors sets.

    TimTom points out a couple of the sets that might have a higher resale figure… mainly because the underlying program didn’t do well with sales. He was right there are some that do hold a higher resale value – but that would be the primary reason – the commemoratives themselves didn’t sell well – hence the rarity factor comes in to play when pricing them out.

    I can say from his example the bill of rights set is going for about $20 – and includes a silver half dollar… the black patriots is more – but it includes a harder to find Silver $1 coin… the Olympics from the 90’s also was poorly recieved and sold very few coins – and adds to the underlying price being higher…

  69. Senior says

    Ordered 7/24 12:18 PM. (4) clad Kennedy 2 coin set in stock reserved cancel box gone ship date gone was 8/1

  70. Clark says

    James–I don’t know if your smudge is the same as the smudge/scuff that was on my $5 gold BHoF a couple months ago, but mine was centered at the top of the dome of the coin and really disappointed me. Knowing that returning it to the Mint would only get me a refund, I convinced myself that having an MS68 or 69 in my collection wouldn’t be that bad, so I sent it to NGC anyway. To my great surprise, they cleaned it and graded it MS70. The mark on my coin looked like a smudge, but under 10x magnification, the smudge had striae. As I say, yours could be completely different and “uncleanable,” but mine was on the center of the dome (reverse) of my coin.

    You might want to carefully remove the capsule, if you haven’t already, to ensure it isn’t a mark on the plastic. It’s a gamble to send it in for grading, but in my particular case, it yielded a happy outcome. Good luck!

  71. James says

    Thanks for your response Clark. That was awesome that they cleaned it for you. Congratulations on your 70. I have never sent a coin for grading, so I’m going to have to keep it as is. It looks like a stain that can be cleaned, but I don’t know how they did it and now I don’t think I should touch it. Hearing that they were able to clean yours makes me want to just hold on to it the way it is and maybe someday I can figure out how to clean it properly. This mark is also on the domed side, right in the middle on the stitching. I wish it was just on the capsule.

  72. Senior says

    The Kennedy Clad Sets are at the eve of delivery.Have you all forgotten the topic of this thread or are you all high rollers awaiting gold?

  73. Eddie says

    I would just about trade my set of BHOF set for a gold Kennedy. But if they come down in price on the secondary market that would be great I would love to have one for my Kennedy collection.

  74. David says

    This offering from the mint is overpriced in my opinion. You are just paying for the useless packaging. The coins are the same. Can’t believe the markup on these over at eBay.

  75. Donald Hill says

    Still waiting on my order of August 13 for the 2014 KENNEDY ANNIVERSARY UNC CLAD SET. On backorder and several shipping dates have already slipped. Do not currently have a valid shipping date shown on Mint’s order page.

Leave a Reply

Your email address will not be published. Required fields are marked *