And, the 1964 SMS Kennedy Half comes out of the gate at $11,500.00

Russ

1964 SMS Kennedy Half on Teletrade opens HUGE.

This one will be fun to watch. I think it will end up being a "not sold".

Russ, NCNE

Blade

Hey Russ - I looks like it's got Accent Hair. That would really surprise me. As I understand it, the Accent Hair Kennedys were dropped early in the proof run due. I would think a trial for the 1965 SMS coins would be conducted later in the year, after the AHs are long gone. I suppose this means that they were conducted earlier, perhaps before the 1964 proof coins were even minted?

All speculation on my part.

BigE

I'll say that it will sell for about 14750, just a guess!-----------BigE

Russ

Tom,

What you're thinking is Accented Hair is actually just a very strong strike.

Russ, NCNE

kranky

<< <i>I think it will end up being a "not sold". >>



I guess that's a common occurrence on Teletrade with these high-priced moderns?

BigE

Well, at least the pop on this one should stay low----------BigE

Russ

Damn, I didn't realize it, but...

The nickel is also up for auction.

No image, and it's at $14,500.00.

Russ, NCNE

benloe

The rest of the set is also on the high side!!

Cameo CC

My understanding is that there are only five of these that exist. It is a rare coin. I am told that is has a matte finish, which accounts for its color.

Todd

BigE

Here is the cent------ http://www.teletrade.com/coins/lot.asp?auction=1714&lot=1086

kieferscoins

http://www.teletrade.com/coins/lot.asp?auction=1714&lot=1086

PhillyJoe

Bid is to you Russ at $14,000. I'm waiting til 9:59p to show my hand.

Joe

cosmicdebris

These matte proofs are gorgeous I wish I could afford that Kennedy.

My 1998 SMS will have to do for now.

Russ

Joe,

Bid is now to you at $15,500.00.

Russ, NCNE

cosmicdebris

Do you think PCGS would cross it at MS69?

Russ

<< <i>Do you think PCGS would cross it at MS69? >>



It used to be in a PCGS MS68 slab - incorrectly holdered as a business strike.

Russ, NCNE

Gilbert

Hey Kranky,

Modern or not, you don't find this coin to be a "significant" error? Not that I am trying to justify that price, but, isn't this coin in a completely different category than a ultra-grade modern, that is what it is in or out of the slab?

Russ

This is one modern that would likely sell for just as much raw as it would slabbed.

Russ, NCNE

Mark

I've asked HRH on the question boards a couple of times to relate what he knows about the 1964 SMS coins. So far, however, no answer. (Note: I did not ask him how PCGS tells a 1964 SMS coin from a well struck MS issue--I asked what he, as a major coin dealer, knows about how and why these coins were issued.)

The nickel is now up to $18,000. The cent is only $4,200 but the cent is maximum butt ugly....

Mark

sinin1

The half now at $15,500

the quarter with NO PHOTO is at $11,000


20 min left, how many will sell?
is the dime in there as well?

if someone gots a few minutes , it would be nice to link them all now so we can see results and if sold in a couple hours!!!

kranky

<< <i>Hey Kranky,

Modern or not, you don't find this coin to be a "significant" error? Not that I am trying to justify that price, but, isn't this coin in a completely different category than a ultra-grade modern, that is what it is in or out of the slab? >>



Right you are, Gilbert. I must have seen SMS and the "1964" didn't even register with me when I posted that. I don't know that I'd call it an error, but I've read there are only about a dozen sets known, so it's certainly rare enough - in or out of the slab, as you and Russ said.

I find it interesting that these 1964 SMS coins seem to come up for sale pretty often considering how few there are.

Russ

Kranky,

The thing I wonder about, though, is do they actually sell or do they get bought back by the owner? It'll be interesting to see what happens with this group - all five coins were listed.

Links:

The cent was at $4200 at close.

The nickel was at $18000 at close.

The dime was at $8000 at close.

The quarter was at $11000 at close.

The half was at $15000 at close.

Russ, NCNE

BigE

-----------------------------BigE(missed by 250.00)

Russ

BigE,

Don't celebrate yet. Somebody could have laid in a last second snipe.

Russ, NCNE

Bear

Ahhhhh Russ, dont tell us you snuck a late bid in?

BigE

OK, let me know and I will call my guys off-------------BigE

Russ

Test.

Russ, NCNE

Russ

Cool.

Russ, NCNE

keets

...........interesting coins that seem to appear regularly at teletrade. can anyone say fishing expedition??

what i find ironic is that the Jefferson was the high dollar coin at close to $20K. the first time i recall seeing one of those at the site it closed at around $8K about a year ago, unsold of course. with a scant 8-10 coins reported and most held long term, how else is the owner who wants to dump a coin going to get an overblown price?? the answer is clear----repeat auction sales which seem to get a bit higher with each go-round!!

of course, i could be totally wrong and just a cynic.

al h.

sinin1

Repeat auction sales through Teletrade has got to be expensive - with buy-backs at 10% , would someone really want to spend over $5000 just to bump up prices of their coins???



What is the deal with NACT - someone said North American Certified Trading is a subsiduary of Greg Manning Auctions - owners of Teletrade and other stuff.

If this is true, does that mean they are schill bidding on Teletrade??? That also could explain the generic gold stuff they have been running through (Express Gold) - does anyone know?
Has the stuff they are selling on eBay, recently gone through the Teletrade site??

sinin1

Wow - bid totals near 65K and none of them sold !!!

keets

Wow - bid totals near 65K and none of them sold !!!

hey dave

are you really surprised?? i'd look for the next go 'round with these before Memorial Day. my prediction is that prices will inch up some and...............they will go unsold!!! i know i won't be surprised.

al h.