2002 SACAGAWEA'S ARE HOT - 2002 KENNEDY'S ARE NOT - WHAT GIVES?

APA1709

Hey all, Here's a stupid question. As you all know, the Kennedy half was a lower mintage in 2002 than the SAC.

2002-D Kennedy 2.5 million
2002-P Kennedy 3.1 million

2002-D SAC 3,732,000
2002-P SAC 3,865,610

Yet, the SACs are selling red hot, and BU rolls are sold out at the mint. The mint sold out relatively quickly and the P&D BU rolls which originally sold for 35.50 each from the mint are selling on Ebay for up to 85.00 a roll, and more.

The Kennedy half is still largely available at the mint and not selling well, at least not at a significant profit, at all on Ebay.

One expert in this forum made an excellent comment about the Kennedy half several weeks ago....he stated that although the 2002 Kennedy's were only being offered to collectors by the mint, and not released into general circulation, they would not be rare or a key date (even with relatively low mintage) because they were widely available. Why then are the SACs so hot and the Kennedy half is not? Any comments?

Secondly, would it be fair to think that the 2002 mint set would be a good candidate for future significant appeciation because it does contain higher quality examples of these coins and would therefore appreciate more in the future, i.e, 3-10 years? I would think not because of the large amount minted. I know that's simply specualtion.

One final comment.....as I understand it from a mint employee, the mint has fewer than 5000 silver proof sets remaining for sale, if it was your intention to buy some, now might be a good time.

Anyway.....just some thoughts from a novice. Any comment from experience would be interesting to read.

Stigmata

I'm guessing since the Sac. dollars are a new design and coin, and the kennedy's have been out since the 60's. So I'm thinking thats why people are jumping all over them right now.

Russ

Rumors of the Sac's demise.

Russ, NCNE

Petescorner

Sacs are darker, and darker materials retain heat better.

APA1709

itsnotjustme

Interesting question. It does not really parallel the 73 mint sets because the 73 Ikes were not available for purchase other than through the mint sets like the Sac and Kennedy are. I never realized the 2002 Sac Rolls were bringing such a premium on e-bay.

Oh Oh I know why!! Because I didn't buy any!

Conder101

Possibly because the Dollars are a very short set at the moment. It makes it easier to complete for a beginner so it has a higher interest.

anoldgoat

I read somewhere that the mint was not releasing the 2002 Sac dollars into circulation (banks and such), they are being held at the mint. If this is so then why insn't the mint selling them.

AbesNeighbor

There are two parts to the equation, from what I read, rarity and beauty. From that I don't understand either coin ever being too valuable in any condition.

meos1

5000 silver proof sets of what?? I thought after the calendar year the mint could not sell the 2002 set it was essentially closed. Seems that if we coin a certain number and they don't sell well oh well. But if there are a number of sets and they sell until they sell out well no wonder we never see a price lift.

Dan

fishcooker

The mint always sells leftovers well into the next year(s). In fact, you can still buy 1999 proof Susan B Anthony dollars for $8.95. Me? Oh I got mine in Dec '99 in case they were about to run out......