GC: My max bid of $325 wasn't enough to win this colorful 1964 Kennedy Half PCGS MS63

Goldbully

Bidder 13 of 13 took her at the end.

Hammer w/ BP: $508.49

She is a stunner.

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https://www.greatcollections.com/Coin/1221012/1964-Kennedy-Half-Dollar-PCGS-MS-63-Toned

lilolme

When I read the title I thought it was going to be one of those that was 10X higher. A touch of color.

tcollects

that's nuts

DCW

For that price, I'd want the color AND the grade.

PerryHall

People pay crazy prices for very common coins with color. They sure won't have any competition from me.

fathom

That is a beauty.

Goldbully

1964 Kennedy Half in MS63 in the price guide is $22.

PerryHall

@Goldbully said:
1964 Kennedy Half in MS63 in the price guide is $22.

But....But....It's got pretty tarnish....er....I mean toning on it.

Cougar1978

Wow they bidding that up!

Nice coin but getting in bid war and paying insane money for it not my cup of tea.

Jzyskowski1

That’s a lot of money for an ugly tarnished coin.
I just can’t believe that is considered beautiful It’s hideous. Why the difference between the TV and the in hand pictures?😉🦫🙀

U1chicago

I was the under bidder and lost by less than a full increment (someone guessed better than me at the end).

ElmerFusterpuck

I do like that one! Didn't see that coin so didn't have any bids. What is stupid money now might not be so stupid in the future, especially in a popular series.

291fifth

An ultra-common date coin. Not for me.

1madman

@U1chicago said:
I was the under bidder and lost by less than a full increment (someone guessed better than me at the end).

Lucky you didn’t get buried in this coin. Graded accurately and way too low to be worth this kind of money. I would say you’re the actual winner of the auction.

ricko

Wow... I better get out my tarnish machine... These kind of premiums make a little (very little) effort worthwhile. Cheers, RickO

U1chicago

@1madman said:

@U1chicago said:
I was the under bidder and lost by less than a full increment (someone guessed better than me at the end).

Lucky you didn’t get buried in this coin. Graded accurately and way too low to be worth this kind of money. I would say you’re the actual winner of the auction.

I’d be happy to buy one for less but no one is offering anything. I’ve tried want to buy posts and those have gone mostly unanswered. The few times I’ve seen something as nice as this Kennedy, the seller wants even more.

lilolme

@U1chicago said:

@1madman said:

@U1chicago said:
I was the under bidder and lost by less than a full increment (someone guessed better than me at the end).

Lucky you didn’t get buried in this coin. Graded accurately and way too low to be worth this kind of money. I would say you’re the actual winner of the auction.

I’d be happy to buy one for less but no one is offering anything. I’ve tried want to buy posts and those have gone mostly unanswered. The few times I’ve seen something as nice as this Kennedy, the seller wants even more.

I have a few toned coins mostly bought years ago but I don't actively seek them out. I have been hearing or reading for years now how the toned market is over-priced. However, they just keep going and some increasing. Is it a bubble that is going to burst? Possibly and could be next up, but so far it is not giving any indication of it.

Pnies20

Wow 😵

Maywood

@Jzyskowski1 said: I just can’t believe that is considered beautiful It’s hideous. Why the difference between the TV and the in hand pictures?

Because the TrueView is a raw coin and the Great Collections photographer isn't as skilled as the PCGS photographer. As for the "beauty" of the coin, well, that is a very personal choice.

JimTyler

We’re living in the Upside Down. Better potential on dealer websites than auctions.

U1chicago

@lilolme said:

@U1chicago said:

@1madman said:

@U1chicago said:
I was the under bidder and lost by less than a full increment (someone guessed better than me at the end).

Lucky you didn’t get buried in this coin. Graded accurately and way too low to be worth this kind of money. I would say you’re the actual winner of the auction.

I’d be happy to buy one for less but no one is offering anything. I’ve tried want to buy posts and those have gone mostly unanswered. The few times I’ve seen something as nice as this Kennedy, the seller wants even more.

I have a few toned coins mostly bought years ago but I don't actively seek them out. I have been hearing or reading for years now how the toned market is over-priced. However, they just keep going and some increasing. Is it a bubble that is going to burst? Possibly and could be next up, but so far it is not giving any indication of it.

It could burst as can any market. The coins with great color and eye appeal will always be desired by enough collectors to keep the market viable. The coins with just a little color or neutral color that have seen a recent bump will likely be the first to crater.

lilolme

@U1chicago said:

@lilolme said:

@U1chicago said:

@1madman said:

@U1chicago said:
I was the under bidder and lost by less than a full increment (someone guessed better than me at the end).

Lucky you didn’t get buried in this coin. Graded accurately and way too low to be worth this kind of money. I would say you’re the actual winner of the auction.

I’d be happy to buy one for less but no one is offering anything. I’ve tried want to buy posts and those have gone mostly unanswered. The few times I’ve seen something as nice as this Kennedy, the seller wants even more.

I have a few toned coins mostly bought years ago but I don't actively seek them out. I have been hearing or reading for years now how the toned market is over-priced. However, they just keep going and some increasing. Is it a bubble that is going to burst? Possibly and could be next up, but so far it is not giving any indication of it.

It could burst as can any market. The coins with great color and eye appeal will always be desired by enough collectors to keep the market viable. The coins with just a little color or neutral color that have seen a recent bump will likely be the first to crater.

Yes. I know this, if someone had loaded up on the $500, $1000 toned Morgans a decade ago they would be way ahead today. I bought a few but usually reverse toned as I didn't want to spend the $ for the then pricey obverse toners. Mistake.

Treashunt

I think you were soooooooooooo lucky to get out bid, especially considering what that piece realized.

coinhack

@Maywood said:
@Jzyskowski1 said: I just can’t believe that is considered beautiful It’s hideous. Why the difference between the TV and the in hand pictures?

Because the TrueView is a raw coin and the Great Collections photographer isn't as skilled as the PCGS photographer. As for the "beauty" of the coin, well, that is a very personal choice.

Perhaps, but the Great Collections photo may be closer to what the coin looks like in hand. Which is what I would rather have if I was bidding only from photos.

coinpalice

the new owner will lose at least a few hundred when it's time to sell

Goldbully

@coinpalice said:
the new owner will lose at least a few hundred when it's time to sell

I doubt it. There's someone out there that will buy a coin like this at the right time and place.

The coin needs to be off the market for several years to get the best price, IMO.

fathom

Bullseye vibrant color on a Kennedy is rare, its worth a substantial premium.

U1chicago

@lilolme said:

@U1chicago said:

@lilolme said:

@U1chicago said:

@1madman said:

@U1chicago said:
I was the under bidder and lost by less than a full increment (someone guessed better than me at the end).

Lucky you didn’t get buried in this coin. Graded accurately and way too low to be worth this kind of money. I would say you’re the actual winner of the auction.

I’d be happy to buy one for less but no one is offering anything. I’ve tried want to buy posts and those have gone mostly unanswered. The few times I’ve seen something as nice as this Kennedy, the seller wants even more.

I have a few toned coins mostly bought years ago but I don't actively seek them out. I have been hearing or reading for years now how the toned market is over-priced. However, they just keep going and some increasing. Is it a bubble that is going to burst? Possibly and could be next up, but so far it is not giving any indication of it.

It could burst as can any market. The coins with great color and eye appeal will always be desired by enough collectors to keep the market viable. The coins with just a little color or neutral color that have seen a recent bump will likely be the first to crater.

Yes. I know this, if someone had loaded up on the $500, $1000 toned Morgans a decade ago they would be way ahead today. I bought a few but usually reverse toned as I didn't want to spend the $ for the then pricey obverse toners. Mistake.

Those reverse toners are doing well too. You might not see the same dollar amount, but percentage wise, the increase is significant.

skier07

Not for me but if we all had the same tastes and interests collecting would be pretty boring.

Walkerlover

@coinpalice said:
the new owner will lose at least a few hundred when it's time to sell

It’s overpriced but who says he ever needs to sell. Some people may considerably overpay to have a coin they desire as part of a permanent collection. I myself will overpay quite a bit for a coin I want as a permanent piece for my collection. So I am not buried in it as I don’t need to sell and I will get hundreds of hours of enjoyment viewing the piece. Also depends if the coin is a few hundred or tens of thousands

Walkerlover

@Jzyskowski1 said:
That’s a lot of money for an ugly tarnished coin.
I just can’t believe that is considered beautiful It’s hideous. Why the difference between the TV and the in hand pictures?😉🦫🙀

That’s ridiculous. Coin by most collectors standards would be considered attractive, not gorgeous, not everyones type of toning but far from ugly, are you kidding. Where is your taste.

jmlanzaf

@JimTyler said:
We’re living in the Upside Down. Better potential on dealer websites than auctions.

Why is that upside down? Who said that auctions are the better place to go?

Jzyskowski1

@Walkerlover said:

@Jzyskowski1 said:
That’s a lot of money for an ugly tarnished coin.
I just can’t believe that is considered beautiful It’s hideous. Why the difference between the TV and the in hand pictures?😉🦫🙀

That’s ridiculous. Coin by most collectors standards would be considered attractive, not everyones type of toning but far from ugly, are you kidding. Where is your taste.

I’m shameful and tasteless. Not kidding. It’s ugly and it’s only my opinion. Most here understand that I prefer AT because I don’t recognize any difference. It’s under the category of natural because I believe every act of man or nature is equally natural, therefore I’m definitely odd guy out. I can live with it. 😉🦫🙀

Walkerfan

That's a heck of a color premium but it is a nice coin. I wouldn't pay that much for it, though, but as I say, it does deserve a premium. Just not sure that much.

More power to the buyer and, especially, to the seller.

DCW

@jmlanzaf said:

@JimTyler said:
We’re living in the Upside Down. Better potential on dealer websites than auctions.

Why is that upside down? Who said that auctions are the better place to go?

He did. 😆

3stars

Be glad you lost.

MasonG

@3stars said:
Be glad you lost.

I don't see a downside to paying $325 for a coin if there are buyers willing to pay over $500. In fact, if you're so inclined, it looks like an opportunity to make a quick buck.

SanctionII

Are similarly toned 1964 Proof half dollars selling for hundreds of dollars?

If so, I should send a few of mine in for grading and sell them.

messydesk

@coinpalice said:
the new owner will lose at least a few hundred when it's time to sell

Correct. Either that, or they won't.

Time to sell might be tomorrow if they already have someone that'll pay $600 for it. It might be when someone bites on a "museum priced" price tag that tends to be stuck on freshly purchased toners. It might be in another auction where there is either more or less interest.

For sure, spending $500 on this coin is far more speculative than paying what a price guide says a generic one is worth. It also illustrates the speculative nature of commenting on how good of a deal it was.

U1chicago

@SanctionII said:
Are similarly toned 1964 Proof half dollars selling for hundreds of dollars?

If so, I should send a few of mine in for grading and sell them.

Show us some pictures. I'm on the hunt for a nice toned Kennedy (although business strikes tend to bring the bigger premium from what I have seen).

hfjacinto

HMMMMM I have some stinky socks and I know I have at least 1 1964 50 cents around here.......

Type2

Nice but not for me and not at that price not saying it’s not worth it just not to me.

Maywood

Some of the comments strike me as odd. This is exactly the kind of coin that, if shown as something just returned from PCGS, would have members stating how lovely it is and congratulating the submitter. My hunch is that the response to the negative is due to the price.

DCW

@Maywood said:
Some of the comments strike me as odd. This is exactly the kind of coin that, if shown as something just returned from PCGS, would have members stating how lovely it is and congratulating the submitter. My hunch is that the response to the negative is due to the price.

It's exactly due to the price. The coin is attractively toned, but the grade (if accurate) certainly doesn't merit the big price jump and premium for color.

I know, I know...someone else is out there that will pay more. Well, by all means spend your money, sir 😆

Dave99B

The toning on this one doesn't appeal to me. Looks original, but it's just not '$500 attractive' in my book.

Dave

Catbert

GC has become a major player in the market with generating a lot of interest. This combined with more people being comfortable with buying online must also be a driver of price realizations.

messydesk

@Maywood said:
Some of the comments strike me as odd. This is exactly the kind of coin that, if shown as something just returned from PCGS, would have members stating how lovely it is and congratulating the submitter. My hunch is that the response to the negative is due to the price.

Partially. It also may be due to being neither the seller not the buyer.

DCW

It's also not an extraordinary amount of money for most people that collect coins. End the search. In other words, if you've been looking for something like this for years, you can consider the extra $400 a sort of "finder's fee." So what if it's worth $100-, it's checked off your bucket list?

WAYNEAS

@U1chicago said:

@SanctionII said:
Are similarly toned 1964 Proof half dollars selling for hundreds of dollars?

If so, I should send a few of mine in for grading and sell them.

Show us some pictures. I'm on the hunt for a nice toned Kennedy (although business strikes tend to bring the bigger premium from what I have seen).

From my collection, both are ms67's.

Wayne

Joe_360

Sorry, but (IMO) the obverse of that coin looks worst the Kennedy's autopsy photo...

Downtown1974

This is probably one of the nicest toned Kennedy halves I have ever come across. Love how pronounced the fade is from the dark rim to the amber center. I was at the right place at the right time to pick this one up.

MS65