@The_Dinosaur_Man said:
It's really the history of the coin's production that gives it a better sense of value. Reading the above comments, who could have predicted that the Mint would not have eventually made a standard business strike run for commerce instead of stopping short sometime that year?
Here's the story, as I remember it. There were plans to strike cupro-nickel clad halves for circulation beginning in 1970, and the Mint was waiting for authorizing legislation to be enacted. When the legislation still hadn't passed by late in the year, it was decided to strike only enough 40% silver halves to fulfill orders for mint sets (which were limited to five sets per order).
The legislation eventually passed, and production of cupro-nickel clad halves commenced in 1971.
I believe they started shipping proof sets much earlier, so the 1970-S half would probably have been 40% silver in any event.
I personally have a list of coins I'd like to upgrade with the 70 D being one. On the rare occasion I find one higher than my current ms66 I don't feel like cutting off an arm and a leg to buy it. In one of my 1970 mint sets I have a Kennedy that looks better than my ms66. Been debating sending it in for about 3 years. Just can't bring myself to do it as although I like the look, don't believe it's better than a 66.
Wondercoin, I to would like to view your sets. Where might I find them listed ?
In addition to 1970D and 1970S US Mint struck Panama 50c using our obsolete 40% silver planchets in 1970, 1971 & 1972.
I've now looked at MS65 1970D on fleabay. They have numerous scattered contact marks. Reminds me of GSA CC Dollars in MS65.
Wondercoin, I to would like to view your sets. Where might I find them listed ?”
Tom. Thank you for asking. I’m almost embarrassed to admit I currently have -48- different active registry sets spanning classics and moderns. I know some are opened (for example, Zoins from our boards recently linked on a thread my Pattern Liberty Nickel collection that was opened) and some are not opened yet. I really need to get my arms around all of these 48 sets and figure out which sets need to get brought to an end and which sets need to continue to have my attention. Along with this task, I can try to be more consistent with opening up more of the sets.
In the meantime, if you want to discuss a specific coin collection, send me a PM and I am always happy to chat with fellow collectors (or dealers). Wondercoin.
Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
I have looked at 1970 Mint Sets off and on since returning to the hobby as an adult in 1998.
My experience has been that the 1970 D half dollars contained in the sets I have looked at are, for the most part, not attractive at all. Many flaws are present on these coins which make me think MS 62-63 at best.
I did find and purchase two sets that contained 1970 D half dollars that are of better quality that the norm.
I cut them out, removed haze and placed them in a Dansco Album. Have not looked at them in a long time. I will have to take a close look at them and compare them to the photos of this coin contained in Coin Facts.
Years ago I noticed there is a rusted reverse die, acquired four. This has best surfaces. Looks similar to fleabay MS65 slab examples. How flawless are MS66 ?
Another image attempt using my new iphone of my virtually flawless MS63 Off Center.
I was over the moon when it became available.
@LindyS said:
Years ago I noticed there is a rusted reverse die, acquired four. This has best surfaces. Looks similar to fleabay MS65 slab examples. How flawless are MS66 ?
Another image attempt using my new iphone of my virtually flawless MS63 Off Center.
I was over the moon when it became available.
Impressive o/c. Glad I started this thread, if nothing else than to see that o/c. How did that get past Q/C.
Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".
Beautiful specimen, my friend.
Regardless, what people say about the 1970d. Your's is above all the rest.
Congratulations on possessing it.
Now you just gave me something to hunt for at the big Chicago Show, next month.
Oh, and my opinion on the value.
Yes, I think it's undervalued?
"Jesus died for you and for me, Thank you,Jesus"!!!
--- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.
From about 1976 to 1982 a friend and I spent a lot of time in the summers buying rolls of half dollars at banks, looking for silver (90% or 40%). The total we looked through was probably about $50,000 face value. In that, we found two 1970-D coins.
@Cuprinkor said:
Can you imagine a 1970-D Kennedy half in cupro-nickel?? Ugh!
That makes you wonder if they made any trial strikes with that date. Those would be true modern rarities today.
Custom album maker and numismatic photographer.
Need a personalized album made? Design it on the website below and I'll build it for you. https://www.donahuenumismatics.com/.
@dcarr said:
From about 1976 to 1982 a friend and I spent a lot of time in the summers buying rolls of half dollars at banks, looking for silver (90% or 40%). The total we looked through was probably about $50,000 face value. In that, we found two 1970-D coins.
A lot of the '70-D's that have been "consumed" first went into circulation before being destroyed or lost but half dollars are less susceptible to such losses so many are still there. More are mixed in with accumulations of 40% silver and some of these have been melted.
Most have simply been lost or destroyed through neglect and ignorance. They are ruined through poor storage and discarded or burnt up in fires. A few are stolen from the mails. Many end up in landfill by various processes. When you have a throw away culture driven by greed and consumption all roads lead to landfill.
"Seeing" all these missing sets is difficult because we all tend to take what we see at face value and we know that there were two million made. We've never seen a '70-D in pocket change or in the garbage stream. We've never heard of even a single '70 set being melted for the silver. We've never even seen a degraded '70-D. But, you can "see" them by comparing things like supply and demand. It's easy to estimate the number coming on the market and comparing it to the number being set aside in collections each year. You can compare the availability of '70 and '69 coins in chBU. Many people don't realize that the '69 half despite the millions made has a substantial premium now days. Truly choice examples of earlier 40% halfs are not significantly less valuable than the '70. In nice pristine condition they run 40 to 75% as much as the '70 over the last couple decades.
There was a time that almost every coin shop had stacks and stacks of nice fresh '70 mint sets. Often nothing had been cherried from them. Later there were still nice fresh sets but not many and more were searched at least for the small date. By this century most sets were searched and to find more than a few you needed to go to a wholesaler. Now days the sets are few and far between and often ratty and usually tarnished. They are typically picked over. Anyone who expects to find nice Gem or even MS-64 '70-D's easily is going to be surprised.
The remarkable thing isn't how hard nice specimens are to find. The truly remarkable thing is that the demand is so weak that there are any available at all. If moderns had much demand you couldn't find such things as a nice pristine chBU '70-D half because about twenty collectors ahead of you would have already acquired it.
I just heard a claim that 40% silver is being used extensively for chill scrap in silver refining. This means a great number of '70-D halfs could have been recycled already rather than existing as culls and AU's in accumulations of mixed 40%.
This is only anecdotal evidence but then anecdotal evidence is my favorite since there's no one out there who has answers to any of the hard questions. There were certainly 2,000,000 made but how many survive in pristine condition that aren't also ugly?
These? These? coins? I usually keep them hidden away, I'm saving em' One day they'll be valuable. I got some 68s too they're even older.
I'd like to get them graded, but I swear you can never tell what you're gonna get for a grade on this kinda stuff
LOL. I want a NICE 66 with no crap on the cheeks or fields or rim dings, etc. I have MS 63 Victorian Halfcrowns that look MUCH better than the 64 and 65 70 D halves..
Love that Milled British (1830-1960) Well, just Love coins, period.
@Soldi said:
These? These? coins? I usually keep them hidden away, I'm saving em' One day they'll be valuable. I got some 68s too they're even older.
I'd like to get them graded, but I swear you can never tell what you're gonna get for a grade on this kinda stuff
Cool.
They all three need a bath. They'll probably all three clean up fine but the longer they are like this the lower the chances they will be OK. The top two look like nice choice examples.
@dcarr said:
From about 1976 to 1982 a friend and I spent a lot of time in the summers buying rolls of half dollars at banks, looking for silver (90% or 40%). The total we looked through was probably about $50,000 face value. In that, we found two 1970-D coins.
How did you make out with the silver finds?
Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".
@BuffaloIronTail said:
6 years into the Kennedy Half series, when it was announced that 1970-D would only be in Mint Sets, that was BIG news!
The aura and mystique of the coin carried on for years. Even today.
That's what hooked me on the coin. I still consider it "special".
Pete
I totally agree. Maybe the next generation of collectors will recognize and establish it's relevance. It is needed for a complete date set in the folders.
Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".
@cladking said:
A lot of the '70-D's that have been "consumed" first went into circulation before being destroyed or lost but half dollars are less susceptible to such losses so many are still there. More are mixed in with accumulations of 40% silver and some of these have been melted.
At a recent coin show I ran across 2 1970-D halves in a stack of 40% junk silver halves for sale at $4 each. Bought them both.
@cladking said:
A lot of the '70-D's that have been "consumed" first went into circulation before being destroyed or lost but half dollars are less susceptible to such losses so many are still there. More are mixed in with accumulations of 40% silver and some of these have been melted.
At a recent coin show I ran across 2 1970-D halves in a stack of 40% junk silver halves for sale at $4 each. Bought them both.
The lion's share of these are simply gone now without a trace. They were melted or in landfill or burnt up and flooded out. Hundreds of thousands are mixed with 40% and are degraded.
Of those that were saved or are still in mint sets, most are tarnished and will need to be soaked in acetone before they can be sold. Many won't clean up even with acetone and many that do clean up are so ugly underneath the tarnish that they can't even be sold as "BU".
Coins don't save themselves and requires a collector to even try to save them.
@wondercoin said:
‘Question is how many people need or want a 1970 D besides those few making sets out of these coins.’
437,321
Sounds about right to me.
If all of the '70-D's were cleaned today then this should be a good approximation of how many there would be tomorrow in nice chBU or better condition.
There would be another half million in AU or otherwise degraded condition and a very few in pristine but beat up MS-60.
Most of these simply won't be cleaned in time and there are still even now more '70-D's being "consumed" than there are being "saved" or "collected".
How many collectors need or really want a 1970 D half dollar. Too modern for most collectors taste. Not a big deal except for a set collector of Kennedy half dollars. Just my opinion.
‘’How many collectors need or really want a 1970 D half dollar. Too modern for most collectors taste. Not a big deal except for a set collector of Kennedy half dollars. Just my opinion.’’
437,321.
Wondercoin
Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
@cladking said:
I just heard a claim that 40% silver is being used extensively for chill scrap in silver refining.
What is chill scrap?
In order to get a melt the perfect temperature the temperature is computed for what it will be after the addition of alloy and then it is brought to an even higher temperature. To get it to right casting temperature a similar alloy is thrown in to cool it to the perfect temperature. A great deal of alloy and chill scrap is used up in this way.
A lot of coins of all metallic compositions have been used for alloy or chill scrap over the decades and in many cases the heat itself derives from coins. People see massive mintages but don't realize in some cases these coins have been gathered up for half a century for destruction. Our tools and machines from car crushers to municipal incinerators have consumed far more coins than most people imagine.
This will be the fate of most of the nickels and cents in circulation if there are any left when the government finally decides they aren't worth far more than face value to produce.
FWIW, most of the 70-D's I encounter look like I'd melt them next time silver goes to $50. Many others will do the same. So long term, WAG, we're probably looking at more like 500,000 survivors.
Andy Lustig
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
I've been looking for a nice PL one for a while now. I've seen several, but they've been beat up and to me not worth what the dealers were asking.
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.
@cmerlo1 said:
I've been looking for a nice PL one for a while now. I've seen several, but they've been beat up and to me not worth what the dealers were asking.
There seems to be a slight correlation with this date with beaten up and PL. There are more nice attractive PL's than this would imply but with other dates PL's are more likely to be clean than others.
Of the 15 or so PL's I've seen three or four were nice but the others tended to be beaten. Yes, this is too small a sample to be sure of anything. But then the sample sizes on many of the other dates are even smaller. PL moderns are not common even if you don't insist on deep mirrors.
There are some PL moderns that are fairly "common". most are tough.
From many of the mint sets I accumulated over the years searching for Jefferson nickels, I've given out quite a few Kennedy halves away when I sold my extra Jeffs. But I've always had a special place in my heart for proof-like examples of business strikes. There were 3 or 4 deep black mirrored examples that came onto the market a few years back and I think they were encapsulated. I think those type of coins would be the goal for any serious collector of any modern denomination. But they're extremely rare in high quality due to how the mirrors can magnify any marks in the fields thus easily lowering the grade of such a coin verses a coin with white fields. But even a PL MS63 will have greater eye appeal verses a higher grade counterpart.
Leo.
The more qualities observed in a coin, the more desirable that coin becomes!
Here is a MS64 PL that sold on the "Bay" last Jan.
Bottom line $304.00.
I did not win this one either.
Edited to add that the reason I did not win this one was because I forgot to bid on it. lol
Wayne
@fathom said:
Massive numbers ungraded in mint sets.
This times two million.
This is why I don't get excited about pop reports.
I've heard this here for 20 years as of April.
These coins bring massive prices but very very few are still being graded.
The sets are gone, the coins are gone, and the few surviving are tarnished. The only difference in twenty years besides thousands more of these sets being destroyed is that now the coins are tarnished and won't grade at all.
‘’These coins bring massive prices but very very few are still being graded.”
CK: The classic dealers don’t want to make easy thousands of dollars per coin on the modern beauties they are convinced are sitting right in front of them ungraded in their stores. They much prefer flipping Choice BU Morgans or Type coins for $5 a coin profit. You understand?
Wondercoin.
Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
Here are videos and photos of the best 70-D I've been able to find so far. I bought it a couple months ago at a show. There is another that has deeper mirrors in a dealer's inventory that sets up at most shows I work, and after seeing what the example above sold for, the $30 the dealer is asking for it doesn't sound so high now. I might buy it if he still has it.
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.
And sell it to Wayne for $200 or $250 if you can get it into a 63PL holder. Easy money. I think he would buy it without too much arm twisting.
I only overpaid for my lovely PL because from time to time I get in the mood where I want no one to outbid me at auction on a Top 100 Modern coin. The last time I had that mood it cost me $456,000.00. Lol.
Wondercoin
Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
@WAYNEAS said:
Here is a MS64 PL that sold on the "Bay" last Jan.
Bottom line $304.00.
I did not win this one either.
Edited to add that the reason I did not win this one was because I forgot to bid on it. lol
Wayne
@WAYNEAS said: @cmerlo1
Thanks for the video.
That is one gorgeous looking coin.
Hope that you are able to get it and then send in to PCGS for grading.
Wayne
Thanks! I actually own the coin in the video and photos. I was referring to another one with deeper mirrors (though more beat-up) I've come across at several shows in a dealer's inventory. He wants $30 for it, which I thought was high, until I saw what was paid for others in this post. I will probably buy it at the next show he's at if he still has it.
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.
@WAYNEAS said: @cmerlo1
Thanks for the video.
That is one gorgeous looking coin.
Hope that you are able to get it and then send in to PCGS for grading.
Wayne
Thanks! I actually own the coin in the video and photos. I was referring to another one with deeper mirrors (though more beat-up) I've come across at several shows in a dealer's inventory. He wants $30 for it, which I thought was high, until I saw what was paid for others in this post. I will probably buy it at the next show he's at if he still has it.
Comments
Here's the story, as I remember it. There were plans to strike cupro-nickel clad halves for circulation beginning in 1970, and the Mint was waiting for authorizing legislation to be enacted. When the legislation still hadn't passed by late in the year, it was decided to strike only enough 40% silver halves to fulfill orders for mint sets (which were limited to five sets per order).
The legislation eventually passed, and production of cupro-nickel clad halves commenced in 1971.
I believe they started shipping proof sets much earlier, so the 1970-S half would probably have been 40% silver in any event.
My Adolph A. Weinman signature
I personally have a list of coins I'd like to upgrade with the 70 D being one. On the rare occasion I find one higher than my current ms66 I don't feel like cutting off an arm and a leg to buy it. In one of my 1970 mint sets I have a Kennedy that looks better than my ms66. Been debating sending it in for about 3 years. Just can't bring myself to do it as although I like the look, don't believe it's better than a 66.
Wondercoin, I to would like to view your sets. Where might I find them listed ?
Can you imagine a 1970-D Kennedy half in cupro-nickel?? Ugh!
In addition to 1970D and 1970S US Mint struck Panama 50c using our obsolete 40% silver planchets in 1970, 1971 & 1972.
I've now looked at MS65 1970D on fleabay. They have numerous scattered contact marks. Reminds me of GSA CC Dollars in MS65.
Wondercoin, I to would like to view your sets. Where might I find them listed ?”
Tom. Thank you for asking. I’m almost embarrassed to admit I currently have -48- different active registry sets spanning classics and moderns. I know some are opened (for example, Zoins from our boards recently linked on a thread my Pattern Liberty Nickel collection that was opened) and some are not opened yet. I really need to get my arms around all of these 48 sets and figure out which sets need to get brought to an end and which sets need to continue to have my attention. Along with this task, I can try to be more consistent with opening up more of the sets.
In the meantime, if you want to discuss a specific coin collection, send me a PM and I am always happy to chat with fellow collectors (or dealers). Wondercoin.
I have looked at 1970 Mint Sets off and on since returning to the hobby as an adult in 1998.
My experience has been that the 1970 D half dollars contained in the sets I have looked at are, for the most part, not attractive at all. Many flaws are present on these coins which make me think MS 62-63 at best.
I did find and purchase two sets that contained 1970 D half dollars that are of better quality that the norm.
I cut them out, removed haze and placed them in a Dansco Album. Have not looked at them in a long time. I will have to take a close look at them and compare them to the photos of this coin contained in Coin Facts.
Years ago I noticed there is a rusted reverse die, acquired four. This has best surfaces. Looks similar to fleabay MS65 slab examples. How flawless are MS66 ?
Another image attempt using my new iphone of my virtually flawless MS63 Off Center.
I was over the moon when it became available.
That off center 1970-D Half is "Cool With a K".
Pete
Impressive o/c.
Glad I started this thread, if nothing else than to see that o/c. How did that get past Q/C.
Beautiful specimen, my friend.
Regardless, what people say about the 1970d. Your's is above all the rest.
Congratulations on possessing it.
Now you just gave me something to hunt for at the big Chicago Show, next month.
Oh, and my opinion on the value.
Yes, I think it's undervalued?
"Jesus died for you and for me, Thank you,Jesus"!!!
--- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.From about 1976 to 1982 a friend and I spent a lot of time in the summers buying rolls of half dollars at banks, looking for silver (90% or 40%). The total we looked through was probably about $50,000 face value. In that, we found two 1970-D coins.
That makes you wonder if they made any trial strikes with that date. Those would be true modern rarities today.
Custom album maker and numismatic photographer.
Need a personalized album made? Design it on the website below and I'll build it for you.
https://www.donahuenumismatics.com/.
A lot of the '70-D's that have been "consumed" first went into circulation before being destroyed or lost but half dollars are less susceptible to such losses so many are still there. More are mixed in with accumulations of 40% silver and some of these have been melted.
Most have simply been lost or destroyed through neglect and ignorance. They are ruined through poor storage and discarded or burnt up in fires. A few are stolen from the mails. Many end up in landfill by various processes. When you have a throw away culture driven by greed and consumption all roads lead to landfill.
"Seeing" all these missing sets is difficult because we all tend to take what we see at face value and we know that there were two million made. We've never seen a '70-D in pocket change or in the garbage stream. We've never heard of even a single '70 set being melted for the silver. We've never even seen a degraded '70-D. But, you can "see" them by comparing things like supply and demand. It's easy to estimate the number coming on the market and comparing it to the number being set aside in collections each year. You can compare the availability of '70 and '69 coins in chBU. Many people don't realize that the '69 half despite the millions made has a substantial premium now days. Truly choice examples of earlier 40% halfs are not significantly less valuable than the '70. In nice pristine condition they run 40 to 75% as much as the '70 over the last couple decades.
There was a time that almost every coin shop had stacks and stacks of nice fresh '70 mint sets. Often nothing had been cherried from them. Later there were still nice fresh sets but not many and more were searched at least for the small date. By this century most sets were searched and to find more than a few you needed to go to a wholesaler. Now days the sets are few and far between and often ratty and usually tarnished. They are typically picked over. Anyone who expects to find nice Gem or even MS-64 '70-D's easily is going to be surprised.
The remarkable thing isn't how hard nice specimens are to find. The truly remarkable thing is that the demand is so weak that there are any available at all. If moderns had much demand you couldn't find such things as a nice pristine chBU '70-D half because about twenty collectors ahead of you would have already acquired it.
I just heard a claim that 40% silver is being used extensively for chill scrap in silver refining. This means a great number of '70-D halfs could have been recycled already rather than existing as culls and AU's in accumulations of mixed 40%.
This is only anecdotal evidence but then anecdotal evidence is my favorite since there's no one out there who has answers to any of the hard questions. There were certainly 2,000,000 made but how many survive in pristine condition that aren't also ugly?
These? These? coins? I usually keep them hidden away, I'm saving em' One day they'll be valuable. I got some 68s too they're even older.
I'd like to get them graded, but I swear you can never tell what you're gonna get for a grade on this kinda stuff
LOL. I want a NICE 66 with no crap on the cheeks or fields or rim dings, etc. I have MS 63 Victorian Halfcrowns that look MUCH better than the 64 and 65 70 D halves..
Well, just Love coins, period.
Cool.
They all three need a bath. They'll probably all three clean up fine but the longer they are like this the lower the chances they will be OK. The top two look like nice choice examples.
How did you make out with the silver finds?
Question is how many people need or want a 1970 D besides those few making sets out of these coins.
6 years into the Kennedy Half series, when it was announced that 1970-D would only be in Mint Sets, that was BIG news!
The aura and mystique of the coin carried on for years. Even today.
That's what hooked me on the coin. I still consider it "special".
Pete
I totally agree. Maybe the next generation of collectors will recognize and establish it's relevance. It is needed for a complete date set in the folders.
At a recent coin show I ran across 2 1970-D halves in a stack of 40% junk silver halves for sale at $4 each. Bought them both.
My Adolph A. Weinman signature
‘Question is how many people need or want a 1970 D besides those few making sets out of these coins.’
437,321
Wondercoin.
The lion's share of these are simply gone now without a trace. They were melted or in landfill or burnt up and flooded out. Hundreds of thousands are mixed with 40% and are degraded.
Of those that were saved or are still in mint sets, most are tarnished and will need to be soaked in acetone before they can be sold. Many won't clean up even with acetone and many that do clean up are so ugly underneath the tarnish that they can't even be sold as "BU".
Coins don't save themselves and requires a collector to even try to save them.
Sounds about right to me.
If all of the '70-D's were cleaned today then this should be a good approximation of how many there would be tomorrow in nice chBU or better condition.
There would be another half million in AU or otherwise degraded condition and a very few in pristine but beat up MS-60.
Most of these simply won't be cleaned in time and there are still even now more '70-D's being "consumed" than there are being "saved" or "collected".
>
Some may opt for the slightly cheaper 1970-S proof, especially since most are in better shape than the 70-D.
How are the 1987-PD Kennedys faring? They were also issued only in mint sets, about 2.9 million of each minted.
My Adolph A. Weinman signature
They've been firming a little lately. 95% will go chBU after a soak and 90% right out of the packaging. Both mints are at $2.20
About 50% of the '70-D will go chBU after a soak and less than 5% out of the packaging.
Most of the '87 halfs survive (80%). Only about 60% of the sets are still around.
The '87 comes much nicer on average but Gems are about as elusive as the '70-D (<2%).
What is chill scrap?
My Adolph A. Weinman signature
How many collectors need or really want a 1970 D half dollar. Too modern for most collectors taste. Not a big deal except for a set collector of Kennedy half dollars. Just my opinion.
‘’How many collectors need or really want a 1970 D half dollar. Too modern for most collectors taste. Not a big deal except for a set collector of Kennedy half dollars. Just my opinion.’’
437,321.
Wondercoin
In order to get a melt the perfect temperature the temperature is computed for what it will be after the addition of alloy and then it is brought to an even higher temperature. To get it to right casting temperature a similar alloy is thrown in to cool it to the perfect temperature. A great deal of alloy and chill scrap is used up in this way.
A lot of coins of all metallic compositions have been used for alloy or chill scrap over the decades and in many cases the heat itself derives from coins. People see massive mintages but don't realize in some cases these coins have been gathered up for half a century for destruction. Our tools and machines from car crushers to municipal incinerators have consumed far more coins than most people imagine.
This will be the fate of most of the nickels and cents in circulation if there are any left when the government finally decides they aren't worth far more than face value to produce.
FWIW, most of the 70-D's I encounter look like I'd melt them next time silver goes to $50. Many others will do the same. So long term, WAG, we're probably looking at more like 500,000 survivors.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
I've been looking for a nice PL one for a while now. I've seen several, but they've been beat up and to me not worth what the dealers were asking.
There seems to be a slight correlation with this date with beaten up and PL. There are more nice attractive PL's than this would imply but with other dates PL's are more likely to be clean than others.
Of the 15 or so PL's I've seen three or four were nice but the others tended to be beaten. Yes, this is too small a sample to be sure of anything. But then the sample sizes on many of the other dates are even smaller. PL moderns are not common even if you don't insist on deep mirrors.
There are some PL moderns that are fairly "common". most are tough.
...And PL 40% halfs are a little more likely to not clean up.
From many of the mint sets I accumulated over the years searching for Jefferson nickels, I've given out quite a few Kennedy halves away when I sold my extra Jeffs. But I've always had a special place in my heart for proof-like examples of business strikes. There were 3 or 4 deep black mirrored examples that came onto the market a few years back and I think they were encapsulated. I think those type of coins would be the goal for any serious collector of any modern denomination. But they're extremely rare in high quality due to how the mirrors can magnify any marks in the fields thus easily lowering the grade of such a coin verses a coin with white fields. But even a PL MS63 will have greater eye appeal verses a higher grade counterpart.
Leo.
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
Who made me pay almost $400 at auction for this deep Prooflike specimen last year?
Wondercoin
Wayne
Kennedys are my quest...
Here is a MS64 PL that sold on the "Bay" last Jan.
Bottom line $304.00.
I did not win this one either.
Edited to add that the reason I did not win this one was because I forgot to bid on it. lol
Wayne
Kennedys are my quest...
This times two million.
This is why I don't get excited about pop reports.
RIP Mom- 1932-2012
I've heard this here for 20 years as of April.
These coins bring massive prices but very very few are still being graded.
The sets are gone, the coins are gone, and the few surviving are tarnished. The only difference in twenty years besides thousands more of these sets being destroyed is that now the coins are tarnished and won't grade at all.
‘’These coins bring massive prices but very very few are still being graded.”
CK: The classic dealers don’t want to make easy thousands of dollars per coin on the modern beauties they are convinced are sitting right in front of them ungraded in their stores. They much prefer flipping Choice BU Morgans or Type coins for $5 a coin profit. You understand?
Wondercoin.
@wondercoin @WAYNEAS
Here are videos and photos of the best 70-D I've been able to find so far. I bought it a couple months ago at a show. There is another that has deeper mirrors in a dealer's inventory that sets up at most shows I work, and after seeing what the example above sold for, the $30 the dealer is asking for it doesn't sound so high now. I might buy it if he still has it.
Video:
https://www.youtube.com/watch?v=s6C4gTr1-Ms
Images:
Cmerlo1: low grade lovely PL.
And sell it to Wayne for $200 or $250 if you can get it into a 63PL holder. Easy money. I think he would buy it without too much arm twisting.
I only overpaid for my lovely PL because from time to time I get in the mood where I want no one to outbid me at auction on a Top 100 Modern coin. The last time I had that mood it cost me $456,000.00. Lol.
Wondercoin
@cmerlo1
Thanks for the video.
That is one gorgeous looking coin.
Hope that you are able to get it and then send in to PCGS for grading.
Wayne
Kennedys are my quest...
>
And it just sold on GC for less than $150 a couple weeks ago...go figure!
https://www.greatcollections.com/Coin/1127528/1970-D-Kennedy-Half-Dollar-PCGS-MS-64-PL
1970-D still brings back memories of a time long gone. So does 1960 Small Date Lincoln.
For me they just define a certain period collecting, and I do look at them fondly.
Pete
Thanks! I actually own the coin in the video and photos. I was referring to another one with deeper mirrors (though more beat-up) I've come across at several shows in a dealer's inventory. He wants $30 for it, which I thought was high, until I saw what was paid for others in this post. I will probably buy it at the next show he's at if he still has it.
Good luck in obtaining it.
Wayne
Kennedys are my quest...