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Will the #1 ASE ERP resell for more than the First Sold 2014 Kennedy gold half dollar?

ZoinsZoins Posts: 34,115 ✭✭✭✭✭
edited November 15, 2019 8:38AM in U.S. Coin Forum

Back in 2014, the first sold Kennedy 50 cent gold coin sold for $100,000 after it was PCGS certified.

Do you think the #1 numbered Enhanced Reverse Proof will sell for more, less or the same as that first coin?

Will the #1 ASE ERP resell for more than the First Sold 2014 Kennedy gold half dollar?

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Comments

  • KliaoKliao Posts: 5,557 ✭✭✭✭✭
    #1 ERP will sell for less then the Kennedy gold half dollar

    Less. Because one is silver one is gold.

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  • djmdjm Posts: 1,561 ✭✭✭✭✭

    What is the #1 ERP? The one with numbered COA 1 or the First One Sold in Baltimore?

  • rickoricko Posts: 98,724 ✭✭✭✭✭
    #1 ERP will sell for less then the Kennedy gold half dollar

    I do not think it will equal the gold Kennedy price...that was a real crazy event.....Cheers, RickO

  • ms70ms70 Posts: 13,954 ✭✭✭✭✭

    Only if it's CAC'd. :D

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  • johnny9434johnny9434 Posts: 28,325 ✭✭✭✭✭
    #1 ERP will sell for less then the Kennedy gold half dollar

    no

  • ZoinsZoins Posts: 34,115 ✭✭✭✭✭

    @djm said:
    What is the #1 ERP? The one with numbered COA 1 or the First One Sold in Baltimore?

    Are they able to identify and slab the #1 sold at Baltimore?

  • djmdjm Posts: 1,561 ✭✭✭✭✭

    @Zoins said:

    @djm said:
    What is the #1 ERP? The one with numbered COA 1 or the First One Sold in Baltimore?

    Are they able to identify and slab the #1 sold at Baltimore?

    Yes, the same way it was done for the Gold Kennedy. The person with ticket number 1 got it.

  • thefinnthefinn Posts: 2,656 ✭✭✭✭✭

    A fool's errand.

    thefinn
  • ZoinsZoins Posts: 34,115 ✭✭✭✭✭
    edited November 17, 2019 9:20PM

    @djm said:

    @Zoins said:

    @djm said:
    What is the #1 ERP? The one with numbered COA 1 or the First One Sold in Baltimore?

    Are they able to identify and slab the #1 sold at Baltimore?

    Yes, the same way it was done for the Gold Kennedy. The person with ticket number 1 got it.

    Did PCGS slab this at the show? I didn't hear anything about it. If not, I'm wondering it may be too late to positively attribute it now?

  • jmlanzafjmlanzaf Posts: 34,173 ✭✭✭✭✭
    edited November 18, 2019 2:10AM

    @djm said:

    @Zoins said:

    @djm said:
    What is the #1 ERP? The one with numbered COA 1 or the First One Sold in Baltimore?

    Are they able to identify and slab the #1 sold at Baltimore?

    Yes, the same way it was done for the Gold Kennedy. The person with ticket number 1 got it.

    I don't believe this is at all correct. The signed tickets were supposedly randomly mixed in.

    The first one sold in Baltimore would have ticket #1 but that wouldn't be the #1 numbered COA which is what the poll is asking about.

  • djmdjm Posts: 1,561 ✭✭✭✭✭

    @jmlanzaf said:

    @djm said:

    @Zoins said:

    @djm said:
    What is the #1 ERP? The one with numbered COA 1 or the First One Sold in Baltimore?

    Are they able to identify and slab the #1 sold at Baltimore?

    Yes, the same way it was done for the Gold Kennedy. The person with ticket number 1 got it.

    I don't believe this is at all correct. The signed tickets were supposedly randomly mixed in.

    The first one sold in Baltimore would have ticket #1 but that wouldn't be the #1 numbered COA which is what the poll is asking about.

    Exactly that's what I was asking the OP. Which coin is he considering the #1 Coin First Sold or COA #1

  • HATTRICKHATTRICK Posts: 2,157 ✭✭✭✭✭
    #1 ERP will sell for less then the Kennedy gold half dollar

    someone is buying up hundreds of these coins raw for $700 - $750 this morning

    " If you push something hard enough, it will fall over. " The 1st Law of Opposition from The Firesign Theater
  • OPAOPA Posts: 17,120 ✭✭✭✭✭
    #1 ERP will sell for less then the Kennedy gold half dollar

    @HATTRICK said:
    someone is buying up hundreds of these coins raw for $700 - $750 this morning

    Are you referring to ebay sales or is there a dealer offering that amount.

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • MilesWaitsMilesWaits Posts: 5,352 ✭✭✭✭✭

    It may be the person that realized the design is going to change in 2021.

    Now riding the swell in PM's and surf.
  • jmlanzafjmlanzaf Posts: 34,173 ✭✭✭✭✭

    The #1 ticket does not correspond to the order of coin striking. The $100,000 Kennedy was the first struck, not the first sold.> @HATTRICK said:

    someone is buying up hundreds of these coins raw for $700 - $750 this morning

    "someone"? Don't you mean multiple people?

  • cameonut2011cameonut2011 Posts: 10,167 ✭✭✭✭✭
    #1 ERP will sell for less then the Kennedy gold half dollar

    I'm not sure the so called $100k Kennedy even sold for that much.

  • DCWDCW Posts: 7,312 ✭✭✭✭✭

    @cameonut2011 said:
    I'm not sure the so called $100k Kennedy even sold for that much.

    @cameonut2011 said:
    I'm not sure the so called $100k Kennedy even sold for that much.

    Why? It was widely reported in numismatic media that it had

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  • cameonut2011cameonut2011 Posts: 10,167 ✭✭✭✭✭
    #1 ERP will sell for less then the Kennedy gold half dollar

    @DCW said:

    @cameonut2011 said:
    I'm not sure the so called $100k Kennedy even sold for that much.

    @cameonut2011 said:
    I'm not sure the so called $100k Kennedy even sold for that much.

    Why? It was widely reported in numismatic media that it had

    I question the sale because the price is insane and not supported by logic, the market, or anything at all really. One of the sellers was also reported to have hired actors to artificially hype the issue to increase his profit and to bus in people to buy the coins. It wouldn't surprise me if this was another act for publicity and to hype the product.

    There are other reasons too - see PM.

  • BackroadJunkieBackroadJunkie Posts: 3,745 ✭✭✭✭✭

    On a related note...

    coinworld:The heat cools for a once-hot U.S. Mint modern gold issue

    It is tough to believe that five years have passed since the 1964–2014-W Kennedy half dollar was released at the American Numismatic Association World’s Fair of Money in Rosemont, Illinois, to a stampede of eager collectors and speculators. The first coin sold — later certified by Professional Coin Grading Service as Proof 70 Deep Cameo and labeled as the first Proof gold Kennedy half dollar sold by the U.S. Mint at the show — traded for $100,000 in a private transaction after the convention.

  • TwobitcollectorTwobitcollector Posts: 3,379 ✭✭✭✭✭

    I still find it hard to accept that someone paid $100,00.00 for that gold coin.
    I believe it was a publicity stunt.

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