It Makes Sense To Build It Yourself!

wondercoin

It is not uncommon for a full set of MS and Proof Kennedy Half Dollars (1964-2001) to be offered in the $600 range (and what a great set of coins Kennedys are all in an album). And, if you take a look at the Grey Sheet you see that the roll bid prices (pro-rata) for each Kennedy would support a $600 figure for a full set. BUT. when one looks closer at the roll bids for these individual coins, especially the proof coins, you begin to see just how cheaply one could also assemble a super set of Kennedys "one piece at a time".

Consider the 1995 silver proof Kennedy Half Dollar, which shows "wholesale bid" on the Grey Sheet at $1500/roll. Since there are (20) coins in the roll, dealer wholesale is then $75/coin. BUT, the entire 1995 silver proof set, including the silver quarter, silver dime, nickel and Lincoln only bids at $72 on the same sheet!!! The half dollar "sheets" for more money than all 5 coins, including the half dollar!!

In fact, when you start to take into account the values of those silver dimes, quarters, not to mention the proof Lincoln and nickel, you start to see that you can compile rolls of Kennedys for up to 1/3 off dealer whoelsale cost simply by purchasing the Proof set.

Breaking up the proof sets these days now looks like a great way to put together original rolls or sets of proof Kennedys (as opposed to buying them even at "dealer wholesale"). Since I personally love the Kennedy Half Dollars as a series, I just may break open as many proof sets as I possibly can, put the Kennedys safely away for "another day" in flips and sell off the remaining coins in the sets to recoup a large portion of my "cost".

What do you think- sound like a plan? Wondercoin.

braddick

There must be a fault to your reasoning somewhere. It just seems too brilliant to work... I've got to think about that one. It would also- to add to your Thread- seem you would be receiving better coins by buying up the proof sets vs buying the halves out of a roll.
Interesting.

wondercoin

Pat: Better quality for sure. Like, as Typetone (tacitly) suggested in a thread a while back, put aside all of those potential "PR70DCAM" Kennedys now safely in flips for the "day" grading standards change (again).

The Kennedy collection now numbers 120 coins through 2001. That is one big collection and could be one "important" collection in the years ahead Wondercoin.

Bcsican

You know I love the Kennedy series but im waiting for the coin to be retired, as you said 120 coins and rising. With the mints better productions of new coins it hard to not get a nice one, it would help the series to end it, and start a new design.

The prices in the bid sheets always seem to be off, asking price and sales price vary much, PQ coin etc. bottom line what is someone willing to pay. A great set of kennedys can be had for much less than the 600.00. You just need to look and take your time.

One thing though I would like to find those 1964 P and D Kennedys in MS 67 for the prices they show in the bid sheet, the prices I find are double and triple!

supercoin

I'm not sure the Grey Sheet is reality in this case -- would be interesting to see if you could find a dealer that would actually pay bid for that roll.

The closest I came to this was Littleton paying close to the price of the 1973 mint set just for the Ikes. Of course, the leftovers weren't worth as much either.

wondercoin

Tad: And remember when those 1973 Mint Sets were around $7/set and it made sense to send Littleton those Ikes!! I bought a mint set deal last week and thought it was a typo when I was charged $19/set for the 1973 mint sets!! Wondercoin

supercoin

Yeah, those stupid Littleton buyers.

Doh!

DMWJR

Wondercoin, since the rest of the sets are "free" send them to me!!!!! I'll take the leftovers and make some more rolls and sets!

Doug

DHeath

Tad,

Don't let the cat out of the bag. You're exactly right, and it isn't just the proof coins. Recently I bought 20 diifferent mint sets on ebay for $135 (all problem free). Included were the 1962-1964 silver mint sets with extras and a 70 mint set. Several of the MS halves are awaiting grading by PCGS. Included was a 72-P half I believe will go MS67. There was also a seller with 75-1971 proof sets up with no reserve. I managed to buy 4 of them at $4 apiece. I believe 2 of the halves are cam. At $16, how wrong could I be.
Once in a while yu can even find a PCGS coin at a bargain if you're patient.

Mint Sets

1976-S PCGS PR69 Dcam Silver Kennedy $43.00