The United States Mint has provided the first day sales figure for the 2014 50th Anniversary Kennedy Half Dollar Gold Proof Coin. Already exceeding the initial production quantity, orders across all channels have reached 56,694 coins.
A breakdown of sales by channel was provided as follows:
- Online/Call Center Sales: 54,825
- ANA: 493
- Mint Headquarters: 376
- Philadelphia: 500
- Denver: 500
For the start of sales, the Mint had indicated an initial inventory of 40,000 coins produced that would be made available across the various sales channels. After evaluating the first week of sales activity, the Mint indicated that they would make adjustments to its production schedule accordingly.
Ultimately, the coins do not carry a specific mintage limit and will be produced to demand.
In addition to lengthy wait times experienced in the US Mint website’s “online waiting room,” there was a scramble to acquire the limited number of coins that were made available at retail locations. Many readers shared their experiences ordering online or attempting to acquire the coins in person at the four locations in more than 500 comments added to yesterday’s post.
One reader also shared some photos form the ANA convention were an estimated 1,100 people had lined up for a chance to purchase one of the 500 available coins. These have been included in a separate Coin Update article.
It was also reported that the first four 50th Anniversary Kennedy Half Dollar Gold Proof Coins had been sold for $20,000 plus four replacement coins from further down the line.
Also, Professional Coin Grading Service (PCGS) has certified the first six of the gold half dollars. The first coin carries a designation of “1st Coin Sold – Chicago” and was graded PCGS PR70DCAM. The second, third, and fourth coins were also graded PR70DCAM. The fifth and six coins received a grade of PR69DCAM.