Is There Really An MS69 Clad Kennedy Half?

wondercoin

The Pop Report still shows the 2001(p) Kennedy Half Dollar in PCGS-MS69 - the only clad MS69 Kennedy Half ever graded. Has anyone out there heard about the true existence of this coin? While it is certainly possible this one is correctly entered in the pop report, it is also remotely possible it might be a mechanical error as well. Anyone?

Wondercoin

Mistercoinman

No i have not seen any advertised or know of anyone with the coin. Just purchsed a nice coin from you a ms-68 fb Roosey Thanks in advance. I see that you are highly respected in the registry forum I like dealing with dealers who really have an interest in the hobby Fred

wondercoin

Fred: Thanks for your ebay purchase of that 2001(p) Roosie in PCGS-MS68FB for around $50. I'll tell you something about that date. Up until a few weeks ago when a huge bulk submission graded nearly (50) coins, that coin was a solid $100-$200 in MS68, even without bands. It was simply the toughest of the 1999-2002 Roosies to obtain in high grade. I personally have no idea how anyone could have graded roughly (50) MS68FB coins of that particular date, but they did. And, they did them all right after PCGS changed over to FB (lucky for collectors they did them all at once and not a couple at a time over the next 5 years!!)

Now, here is the interesting part. I was speaking with Datentype last night and he was telling me about his recent review of roughly 2,000 (REPEAT 2,000) fresh 2001 Mint Sets. He mentioned he had submitted a lot of neat coins and even made an MS69 state quarter from the batch so far. BUT, he also told me that from the 4,000 Roosies in those 2,000 fresh sets, HE WAS ONLY ABLE TO LOCATE (1) 2001(p) ROOSIE THAT HE SUBMITTED FOR SHOT MS68FB (MIGHT GO MS67FB) AND (0) 2001(d) ROOSIES!!

The recent incredible success of that batch of MS68FB 2001(p) Roosies remains a mystery to me (and I say that because of the coin date involved, not the quality of the grading of the coins), but, I still believe that is one cool date

Wondercoin

Mistercoinman

Sometimes I wonder if collectors who know that a special designation on a coin may bring big dollars, that they gather the best they can find before the announcement is made, and sit on them to see how the market reacts. I am a little up in the air about the whole slab verses not to slab concept. I collect because I like the coins but if this was my business I would be worried about the slab companies whoring the collecting world, at some point it will return to a collectors market again. I try to gather as much knowledge about a coin or series as I can before I start collecting it and I never buy expensive coins on E-bay or other auction houses. I like to purchase these type of coins in person. Fred

cladking

Coin collecting has always been dominated by collectors. There have been periods
when significant numbers of speculators have appeared, but collectors have always
been the ultimate buyers of coins. Ironically the grading services were started large-
ly to make coins more standardized and hence of more interest to investors. Perhaps
some of the recent success of moderns from a price perspective has something to do
with the ability of the services to grade the moderns more consistently, since they tend
to have less variation in surface characteristics.

To get so large a number of '01 68FB's must have required finding them in bulk. Mint
sets can not be accumulated in the necessary quantities so it would seem some great
ones were tracked down before they hit circulation and a very large number were
searched. If true these are likely all the same die pair.

Mistercoinman

Thanks for clearing that up. I can only wish to find 50 ms-68 fb all at once that would be a major feat. I have collected many rolls in my day and never have had that happen not to say it can't but highly unlikely.