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1972 and 1982 Kennedy Halves Missing Initials on the reverse...do these really have a premium?

I am a coin roll nerd, and I like Kennedy halves. I've found interesting things in rolls...including these. I'd love to hear some opinions...cherry pickers guide says they are the bomb. I'm skeptical. A penny for your thoughts...

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    291fifth291fifth Posts: 23,936 ✭✭✭✭✭

    Is there a "live one" out there who will pay a premium for cherry-picker items? Only the Shadow knows.

    All glory is fleeting.
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    nickelsciolistnickelsciolist Posts: 195 ✭✭✭
    edited March 4, 2019 8:20PM

    Man you guys sure know how to bust a fella's bubble,

    Maybe I'll bury these in the back yard and make a treasure map for my Grandkids to be opened on my death.

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    air4mdcair4mdc Posts: 797 ✭✭✭✭

    Keep looking.....there are many interesting finds out there searching Kennedy’s. There are many “No FG’s” in various dates in the Kennedy Half series. I personally like the Kennedy.....especially the 64-68. I have two of the same year with the same die crack.....what a great find that was for me. I’m not sure what year they are off hand. Enjoy looking.

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    TiborTibor Posts: 3,239 ✭✭✭✭✭

    Aren't the missing initials caused from filled dies? If so, then
    couldn't this occur with any date within the series?

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    rickoricko Posts: 98,724 ✭✭✭✭✭

    I never was interested in the missing initials Kennedy's...Though I am sure collectors do seek them. I have always liked the Kennedy half and have acquired several of the AH varieties...I do believe I have a date set as well.. at least up to 2010 or so... I may well have some missing initial coins in there... will have to check, always good to identify such coins. Cheers, RickO

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    JBKJBK Posts: 14,745 ✭✭✭✭✭

    @Tibor said:
    Aren't the missing initials caused from filled dies? If so, then
    couldn't this occur with any date within the series?

    I believe it is due to polished dies. In that scenario, all coins from that polished die would be missing the initials.

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    nickelsciolistnickelsciolist Posts: 195 ✭✭✭

    @air4mdc said:
    Keep looking.....there are many interesting finds out there searching Kennedy’s. There are many “No FG’s” in various dates in the Kennedy Half series. I personally like the Kennedy.....especially the 64-68. I have two of the same year with the same die crack.....what a great find that was for me. I’m not sure what year they are off hand. Enjoy looking.

    No fear, not discouraged from looking! Just found 18 Silver coins from 64-69 in two boxes, plus a few proofs and other interesting oddments. Very unusual, sometimes you can go through 4-5 boxes and find nada. Don't tell others but I am such a dork I like to keep the ones that turn red, black or grey. I just think they're cool, and maybe will do something with them like put them in interesting settings or embed them in furniture, decorative hangings etc. (I like woodcarving too).

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    nickelsciolistnickelsciolist Posts: 195 ✭✭✭
    edited March 5, 2019 8:25AM

    @air4mdc said:
    Keep looking.....there are many interesting finds out there searching Kennedy’s. There are many “No FG’s” in various dates in the Kennedy Half series. I personally like the Kennedy.....especially the 64-68. I have two of the same year with the same die crack.....what a great find that was for me. I’m not sure what year they are off hand. Enjoy looking.

    Okay, now I'm back to being intrigued...

    https://www.coinworld.com/news/us-coins/2016/11/kennedy-half-dollars-missing-fg-on-reverse.all.html

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    Wahoo554Wahoo554 Posts: 1,086 ✭✭✭✭✭

    Welllp, looks like I won’t be looking for no FG’s anymore...here’s a question, are there any particular clad varieties (ddo etc) that are actually financially worth taking the time to search for? It’s easy to quickly pick out silver or proofs or interesting errors if they turn up, but is it worth it to look for all the 1974-d’s and 1972’s to check if they are ddo’s?

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    cmerlo1cmerlo1 Posts: 7,891 ✭✭✭✭✭

    Look for the 1966 SMS. That's a better one.

    You Suck! Awarded 6/2008- 1901-O Micro O Morgan, 8/2008- 1878 VAM-123 Morgan, 9/2022 1888-O VAM-1B3 H8 Morgan | Senior Regional Representative- ANACS Coin Grading. Posted opinions on coins are my own, and are not an official ANACS opinion.
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    LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭

    1965 to 1967 Business Strikes.
    And yes I have them in PCGS plastic.

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    Wahoo554Wahoo554 Posts: 1,086 ✭✭✭✭✭

    I always pull out anything 1970 or earlier for silver alone, but my main question is whether it’s worthwhile to search the varieties 1971 going forward. If so, are there particular varieties that you think are more worthwhile than others to search?

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    mannie graymannie gray Posts: 7,259 ✭✭✭✭✭

    1977-D has a really scarce and valuable DDO.

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    nickelsciolistnickelsciolist Posts: 195 ✭✭✭

    All, thanks for the many insights. Very enjoyable discussion.

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    keetskeets Posts: 25,351 ✭✭✭✭✭

    the Kennedy Half-Dollar no "FG" designer initials is the result of die over-polishing, it is a Die Variety and not an error. there are two which are quite popular in higher grades, 1966 SMS and 1982-P, and I think the 1972-D has gained recognition during the past 10-15 years.

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    nickelsciolistnickelsciolist Posts: 195 ✭✭✭

    @keets said:
    the Kennedy Half-Dollar no "FG" designer initials is the result of die over-polishing, it is a Die Variety and not an error. there are two which are quite popular in higher grades, 1966 SMS and 1982-P, and I think the 1972-D has gained recognition during the past 10-15 years.

    I've found both the 82 and 72. So what kind of premium do you think is warranted for one in decent shape? Or perhaps let's ask...what have you ever sold or bought one for? I'm not in selling mode here, just curious.

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    WAYNEASWAYNEAS Posts: 6,345 ✭✭✭✭✭
    edited March 22, 2019 8:50AM

    I purchased a 1972 D FS-901- NO FG in MS 63 graded by PCGS. It currently resides in my registry set. There are currently only 4 coins in the MS63 grade and only one graded MS64 with none higher by PCGS. I paid after all was "said and done" plus buyers fees and etc. at $1270.00. This coin is priceless to me. Get those 72 d coins graded. A PCGS graded MS40 has a list price of $275.00. The MS63 lists at $1500.00 and the MS64 at $2150.00.

    Kennedys are my quest...

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    nickelsciolistnickelsciolist Posts: 195 ✭✭✭

    Well. Another country heard from! Glad I asked!

    Sounds like good advice.

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    WAYNEASWAYNEAS Posts: 6,345 ✭✭✭✭✭

    research these coins as there are many "enhanced" coins for sale. If you pull the coin from a roll search, examine it closely under magnification and then decide if it is or is not. GET IT GRADED! P.S. if you find an uncirculated bank roll of missing fgs, save one for me. my address is....

    Kennedys are my quest...

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    nickelsciolistnickelsciolist Posts: 195 ✭✭✭

    Clarification: When I say a roll, I mean a box from the bank, so these are circulated coins. But as you can see from the pics, in decent shape.

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    nickelsciolistnickelsciolist Posts: 195 ✭✭✭
    edited April 2, 2019 11:26AM

    So, looked at these with a friend from our local club, also a dealer at local shows, who recommended against grading due to their circulated condition probably cost almost as much to grade as their would be worth, but he did a say he keeps similar condition specimens in his stock and they typically fetch in the $50-100 range at shows. Not bad return for a 50 cent investment.

    Worked pretty hard to find them though, so I figure I earned it!

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    WAYNEASWAYNEAS Posts: 6,345 ✭✭✭✭✭

    @nickelsciolist said:
    So, looked at these with a friend from our local club, also a dealer at local shows, who recommended against grading due to their circulated condition probably cost almost as much to grade as their would be worth, but he did a say he keeps similar condition specimens in his stock and they typically fetch in the $50-100 range at shows. Not bad return for a 50 cent investment.

    Worked pretty hard to find them though, so I figure I earned it!

    ebay has this listing. put it into a search and see what they want for this coin in this grade.
    1972-D Kennedy Half Dollar PCGS MS-62 "NO FG" (FS-901) Mint Error

    Kennedys are my quest...

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    nickelsciolistnickelsciolist Posts: 195 ✭✭✭

    I see a Mint coin has very high value, which is cool.

    I see some circulated coins listed at 250-300 with no bids. Another that is graded bid up to 71 bucks. Costs 50 bucks to grade the coin. Also an 82 no fg priced at $9.50

    I sure wonder who is bidding :wink:

    I'm wondering what bids I'd get if I put an ungraded coin out there at 50 bucks?

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    hchcoinhchcoin Posts: 4,825 ✭✭✭✭✭

    @nickelsciolist said:
    I see a Mint coin has very high value, which is cool.

    I see some circulated coins listed at 250-300 with no bids. Another that is graded bid up to 71 bucks. Costs 50 bucks to grade the coin. Also an 82 no fg priced at $9.50

    I sure wonder who is bidding :wink:

    I'm wondering what bids I'd get if I put an ungraded coin out there at 50 bucks?

    Put one out there at .99 no reserve auction and see how it goes. You have nothing to lose since it only cost you fifty cents.

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    WAYNEASWAYNEAS Posts: 6,345 ✭✭✭✭✭

    try and see but make sure you include a sharp pic of both sides of the coin. Hazy, blurred coins to me personally become suspect. Include a close up of the area where the "FG" should have been.

    Kennedys are my quest...

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    mannie graymannie gray Posts: 7,259 ✭✭✭✭✭

    I bought a 82-P no FG at a show Sunday for $4.

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    WAYNEASWAYNEAS Posts: 6,345 ✭✭✭✭✭

    @mannie gray said:
    I bought a 82-P no FG at a show Sunday for $4.

    what was the grade of the coin, certified or circulated ( in your opinion)?

    Kennedys are my quest...

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    mannie graymannie gray Posts: 7,259 ✭✭✭✭✭

    @WAYNEAS said:

    @mannie gray said:
    I bought a 82-P no FG at a show Sunday for $4.

    what was the grade of the coin, certified or circulated ( in your opinion)?

    63ish.

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    WAYNEASWAYNEAS Posts: 6,345 ✭✭✭✭✭

    @mannie gray said:

    @WAYNEAS said:

    @mannie gray said:
    I bought a 82-P no FG at a show Sunday for $4.

    what was the grade of the coin, certified or circulated ( in your opinion)?

    63ish.

    I looked up the value(s) of a Pcgs MS58 and a MS62 for the 82 P no FG. The range is $22.00 for the MS58 and $30.00 for the MS62. So I also would not have the coin graded due to the cost. I still say that the 72 D and the 66 P SMS no FG are the coins to hold onto and worth the cost to have them graded.

    Kennedys are my quest...

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    nickelsciolistnickelsciolist Posts: 195 ✭✭✭

    @WAYNEAS said:

    I looked up the value(s) of a Pcgs MS58 and a MS62 for the 82 P no FG. The range is $22.00 for the MS58 and $30.00 for the MS62. So I also would not have the coin graded due to the cost. I still say that the 72 D and the 66 P SMS no FG are the coins to hold onto and worth the cost to have them graded.

    I'm thinking the same way. I'm curious to see where these 72s might come out for grade. Thought I must confess I am still confused by the grading standards and how to get a ballpark idea of what a coins grade is.

    Mannie G. would you have paid more for that coin if it had been better quality? Just curious.

    Also wondering about the whole "weak strike" idea. Some of the 82s just have a small curved line...kind of interesting to me, but probably not to more serious collectors.

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    mannie graymannie gray Posts: 7,259 ✭✭✭✭✭

    Maybe a bit more but not much.
    They were quite popular but are a tough sell these days (for me, anyway.)

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    WAYNEASWAYNEAS Posts: 6,345 ✭✭✭✭✭

    weak strikes to me , do not equate to a "no fg" strike. It might show the progression of a coin becoming a no "fg" coin, but it is no where the coin I desire nor would I pay anything above face value for it in its graded state. I have never personally seen a PCGS coin graded as a Weak "fg" strike. Please enlighten me if you have.

    Kennedys are my quest...

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    nickelsciolistnickelsciolist Posts: 195 ✭✭✭

    I would not presume to enlighten anyone on this topic, I am just a distracted old guy in Minnesota who occasionally likes to waste and hour or two looking through rolled coins from the bank.

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    smalltimesmalltime Posts: 171 ✭✭✭

    I still need a 1972 D No FG for my registry set and would be quite interested to see what you have. I am in eastern South Dakota. Wonder if a road trip is on the horizon. PM me.

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    nickelsciolistnickelsciolist Posts: 195 ✭✭✭

    @smalltime said:
    I still need a 1972 D No FG for my registry set and would be quite interested to see what you have. I am in eastern South Dakota. Wonder if a road trip is on the horizon. PM me.

    Well, let me know if you're ever in town.

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    WAYNEASWAYNEAS Posts: 6,345 ✭✭✭✭✭

    @nickelsciolist said:

    @smalltime said:
    I still need a 1972 D No FG for my registry set and would be quite interested to see what you have. I am in eastern South Dakota. Wonder if a road trip is on the horizon. PM me.

    Well, let me know if you're ever in town.

    Great Collections is now offering a MS63 graded coin with a starting bid of $1,120.00
    PCGS current value is $1500.00
    Item # 720511
    The listing ends 6/30/19
    There are still only 5 coins in the MS63 grade with only 1 graded higher in a MS64.

    Kennedys are my quest...

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    Jzyskowski1Jzyskowski1 Posts: 6,651 ✭✭✭✭✭

    Welcome to the forum. These guys are brutal but they are also kind and knowledgeable. I too am kinda new and find for the most part they are wonderful 🙀jzyskowski

    🎶 shout shout, let it all out 🎶

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    nickelsciolistnickelsciolist Posts: 195 ✭✭✭

    @Jzyskowski1 said:
    Welcome to the forum. These guys are brutal but they are also kind and knowledgeable. I too am kinda new and find for the most part they are wonderful 🙀jzyskowski

    Haha, yeah it's a really fun site.

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    nickelsciolistnickelsciolist Posts: 195 ✭✭✭

    @WAYNEAS said:

    >

    Great Collections is now offering a MS63 graded coin with a starting bid of $1,120.00
    PCGS current value is $1500.00
    Item # 720511
    The listing ends 6/30/19
    There are still only 5 coins in the MS63 grade with only 1 graded higher in a MS64.

    ...hmmm. I don't have a great eye for ballparking on grade, but I would think these coins are all in the EF-45, AU-50 range. As I said , I picked them out of rolls, Lord only knows where these poor things have been.

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