<< <i>The first raw non-presales true auction after on sale date was $1375
Recents $1375 and $1335.01 >>
..and do you think that odd since they are available at the Mint for $1277? I think it weird that they sell at ANY premium over still available Mint coins.
<< <i>You are right on with your assessment of the gold coins. There are just tooooo many of them and the silver ones will be a winner. >>
...ummm...I will go out on a limb and say there will be a BOATLOAD of silver Kennedy's sold....nothing points to a "winner" over the gold. Nice coins yes....but a winner? Maybe, but definitely not a slam dunk.
It's interesting how all these special issues get talked up for months and everyone is gung ho predicting huge values for this "special" coin....and then that is trashed when all the coins hit the market...happened with the HOF's,,,rah, rah, and then "they suck" ....then the talk went to gold Kennedy's...huge crowds...max Mint orders....then "they suck" and now the silver is being talked up....huge orders...and eventually the "they suck" birds will gather again....
I sense a pattern here...
Buy what YOU think will do well and ignore the after the fact experts....
BST has a seller trying to sell a 69 Kennedy for 1275.. even worse a kennedy buy price listed of 1050.00 has several replies as being happy with the buy price
<< <i>The first raw non-presales true auction after on sale date was $1375
Recents $1375 and $1335.01 >>
..and do you think that odd since they are available at the Mint for $1277? I think it weird that they sell at ANY premium over still available Mint coins.
<< <i>You are right on with your assessment of the gold coins. There are just tooooo many of them and the silver ones will be a winner. >>
...ummm...I will go out on a limb and say there will be a BOATLOAD of silver Kennedy's sold....nothing points to a "winner" over the gold. Nice coins yes....but a winner? Maybe, but definitely not a slam dunk. >>
for some things, not just mint products, people will go on ebay and buy it before using google to find it.
this is true even for not hot, readily available items. As long as there is not too much supply there will be buyers out there that just don't search for things.
<< <i>BST has a seller trying to sell a 69 Kennedy for 1275.. even worse a kennedy buy price listed of 1050.00 has several replies as being happy with the buy price >>
several replies as being happy with the buy price? totally untrue as I found the thread and there were only replies from people unhappy with the price, and of course your own asking if the price was correct. Why did you ask? In disbelief? The links in this thread show raw prices after fees are higher than 1050 on ebay.
first gold HOF are being sold at melt, now people are mysteriously happy with a buy price of $1050 for a still FS eligible open box issue currently shipping from the mint??
<< <i>BST has a seller trying to sell a 69 Kennedy for 1275.. even worse a kennedy buy price listed of 1050.00 has several replies as being happy with the buy price >>
As one of the replies to that seller, I will say you are incorrect that people are happy with it....they are questioning if it is a typo. BIG difference.
Thanks to the way the mint did things this time, the cyclical highs, and lows, are hitting MUCH faster. That's what people are seeing.
And, too many weak hands that go in strong on these things, breaking every rule in order to get the most THEY can, and then they try to gouge, initially, then dump, the extras when they need to pay off the coins. You can usually tell who they are by the fact that they only come out of the woodwork for things like this. They don't seem to care about actual coin collecting or information. Just step in and crowd out others to get the bulk, then sell them here to folks that got bumped out by them in the first place.
<< <i>As one of the replies to that seller, I will say you are incorrect that people are happy with it....they are questioning if it is a typo. BIG difference. >>
This.
Plus a little snarkiness on my part (note the italics in my post in that thread)...
<< <i>BST has a seller trying to sell a 69 Kennedy for 1275.. even worse a kennedy buy price listed of 1050.00 has several replies as being happy with the buy price >>
several replies as being happy with the buy price? totally untrue as I found the thread and there were only replies from people unhappy with the price, and of course your own asking if the price was correct. Why did you ask? In disbelief? The links in this thread show raw prices after fees are higher than 1050 on ebay.
first gold HOF are being sold at melt, now people are mysteriously happy with a buy price of $1050 for a still FS eligible open box issue currently shipping from the mint??
I would curious to see what if anything is being bought at 1050 .......especially 3 weeks after coin launch..
<< <i>BST has a seller trying to sell a 69 Kennedy for 1275.. even worse a kennedy buy price listed of 1050.00 has several replies as being happy with the buy price >>
As one of the replies to that seller, I will say you are incorrect that people are happy with it....they are questioning if it is a typo. BIG difference.
Thanks to the way the mint did things this time, the cyclical highs, and lows, are hitting MUCH faster. That's what people are seeing.
And, too many weak hands that go in strong on these things, breaking every rule in order to get the most THEY can, and then they try to gouge, initially, then dump, the extras when they need to pay off the coins. You can usually tell who they are by the fact that they only come out of the woodwork for things like this. They don't seem to care about actual coin collecting or information. Just step in and crowd out others to get the bulk, then sell them here to folks that got bumped out by them in the first place. >>
There are loads of gold kennedy being listed on ebay raw. This screams to me ameteur flippers. Check the ungraded completed items by using -67 -68 -69 -70 in the search box. They'll primarily be raw. Dozens with more unsold than sold. Amateur flippers. At least they'll be paying the return shipping IF they do the return. If they don't do returns, we may see some new collectors by force and we may be seeing some long-term supply over hang out there. If there is supply over hang .... Who knows .... In the future maybe they get close melt.
Do I hear HOF? Again? Didn't those have a limited mintage and were <<<strangle>>> released by the mint. Shouldn't be discussed in the same thread.
And to add, if they had all been released within a reasonable time it woulda have been the same thing except they're not even real coins and are rather gimmicky imho. A mitt and a Ball...it is what it is...
How low will they go!!!! If I was watching this and had some of these coins and could still return I would do it ASAP. Lots of people going to get burnt. ...
All you need is one less bid or one bidder to not participate to bring the price down $25 at that price level.
Anyone that is watching the price drop would have to be nuts to buy on ebay now. Wait a day or 2 at the very least and save some money.
The way to get one cheap is to search buy nows recent posting in the category and keep hitting refresh waiting to pounce on some seller with credit card trouble that needs to sell .
<< <i>All you need is one less bid or one bidder to not participate to bring the price down $25 at that price level.
Anyone that is watching the price drop would have to be nuts to buy on ebay now. Wait a day or 2 at the very least and save some money.
The way to get one cheap is to search buy nows recent posting in the category and keep hitting refresh waiting to pounce on some seller with credit card trouble that needs to sell . >>
I would also watch auctions, but be patient.
If things are going this way, there will be auctions with little to no fight scattered amongst the rest.
<< <i>This coin is the contrarians dream (in the long run). I do not remember an issue with such dislike. I just might have to hold on to one if I can get a good price. >>
If you really like the Coin then you should get one. I'd reccommend getting it from the Mint though. You don't want to buy someones rejects off ebay. Sounds like the Mint is reshipping the returns so you might want to order several and hope for one good one. Return the rejects until you get the quality you need. You just need to watch your shipping and insurance costs.
The mint reships returns but the number of complaints here and the timing are not indicative of at least mostly reships.
They still don't have all 70's quality control, and until they can perfect computer scanning and the buying public pays a remelt premium, we won't see high end coins in every box.
I thought these were supposed to be comparable to te UHRs??
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
I think it would have taken sales of 15,000 or less to hold raw prices much above issue price, maybe even 12,000 or less. I was floored this thing went to 60,000 plus in sales. it must have been the BHOF coin successes that ran this thing so high, lots of new flippers got in. Also initially the mint released 40,000 coins so there is a huge glut to get over, plus the coin still being available at the mint to boot.
Anyone who sells raw for less than issue net is an idi$t You could have sold to GC for 125 over Very impatient weak handed buyers will suffer poorly from the huge quantities On eBay The coin will do perfectly fine in the near future Don't forget the complaints and price track of UHR when they were released Very similar I would expect sales figures to backtrack dramatically, one thing is pretty much In the bag----if they did mint any more than 40000, it can't be much, and the flood of returns should more than satisfy demand Looks like they might be melting some
The HOF gold is still selling around $200 over issue price on ebay. Still has legs. The glut of the Kennedy Gold is effecting prices.
I still think the one factor that might help the Kennedy gold is demand overseas like the UHR. I passed on the Kennedy Gold though. I will be buying two sets of the silver and keeping raw.
Didn't see prices falling below the release of $1244.95. Mine is arriving tomorrow, I can buy slabbed 69's for less with the OGP right now.
EDIT: Is there a possibility that a significant amount are returned and the Mint can't unload em, so into the melting pot they go? In a year from now, after all the returns and smelting, final sold are much lower than anticipated and prices have nearly doubled
I bought two gold Kennedys. When they arrived last week, I liked them. One looks perfect to me, I sent it in to our hosts. I just want one to keep.
I bought the other to flip, but that's not a current possibility. I returned it yesterday to the Mint. The only flaw I saw was what looked like tiny water spots in the field on the front. I've seen a couple of posts where similar coins still earned 70s, but I would not have been happy to have that coin even in a 70 slab. At least I didn't want to spend $50 and get stuck with a 69 and not be able to get out.
So I think I got what I wanted.
People mention the UHRs, and the Baseballs and the Buffalo Reverse Proofs. I love my UHR, I like the gold baseballs but they are too small in my opinion (the silver proofs look like a much better size for the design). I almost can't stand looking at the Reverse Proof Buffalo. I love the regular Proof Buffalo, it's my favorite recurring modern, and I like the Silver Eagle Reverse Proofs, but that Buffalo just looks ugly in reverse proof, IMHO.
<< <i>I still think the one factor that might help the Kennedy gold is demand overseas like the UHR. >>
History repeating itself. I remember that there was a huge demand overseas, especially in Europe, for the 1964 Kennedy half when it was initially released.
Really beautiful coin in OGP, possibly not as nice as UHR. Mine of excellent and acceptable quality, no slabbing planned - this from a collector as opposed to the "flipper crowd". I was OK with the 1240 price.
Love that Milled British (1830-1960) Well, just Love coins, period.
<< <i>Anyone who sells raw for less than issue net is an idi$t You could have sold to GC for 125 over Very impatient weak handed buyers will suffer poorly from the huge quantities On eBay The coin will do perfectly fine in the near future Don't forget the complaints and price track of UHR when they were released Very similar I would expect sales figures to backtrack dramatically, one thing is pretty much In the bag----if they did mint any more than 40000, it can't be much, and the flood of returns should more than satisfy demand Looks like they might be melting some >>
All the glee with falling places and blaming greedy dealers is not the whole picture.. The Mint and ANA Show mangers knew precisely what dealers were doing to get the gold kennedys.. The Mint could have stopped all the nonsense right there Tuesday .. even the ANA director of marketing said right here on this forum that no overnight camping out lining up at the door would be allowed, and ,that only those preregistered had a chance to get the gold kennedy Tuesday ..falling prices have lessened dealer's profit .. but brought the ANA Show publicity, Mint buzz on a new coin The chumps that came in later, once again left holding a bag of falling mint product prices
My dealer friend sold all his gold kennedys at the Show . guess they were in the know Pell back the curtain ,,the MInt and ANA Show managers were the real culprits
<< <i>Didn't see prices falling below the release of $1244.95. Mine is arriving tomorrow, I can buy slabbed 69's for less with the OGP right now.
EDIT: Is there a possibility that a significant amount are returned and the Mint can't unload em, so into the melting pot they go? In a year from now, after all the returns and smelting, final sold are much lower than anticipated and prices have nearly doubled >>
Why bother buying from the mint when you can get them cheaper then issue price right now? if you look hard enough you can get it just above spot price graded!
I just wish it was the big boys who played the stupid games got burnt and not the little guy but as you can see that's not the case. Dam it
Comments
<< <i>The first raw non-presales true auction after on sale date was $1375
Recents $1375 and $1335.01 >>
..and do you think that odd since they are available at the Mint for $1277? I think it weird that they sell at ANY premium over still available Mint coins.
<< <i>You are right on with your assessment of the gold coins. There are just tooooo many of them and the silver ones will be a winner. >>
...ummm...I will go out on a limb and say there will be a BOATLOAD of silver Kennedy's sold....nothing points to a "winner" over the gold. Nice coins yes....but a winner? Maybe, but definitely not a slam dunk.
I sense a pattern here...
Buy what YOU think will do well and ignore the after the fact experts....
even worse a kennedy buy price listed of 1050.00 has several replies as being happy with the buy price
<< <i>
<< <i>The first raw non-presales true auction after on sale date was $1375
Recents $1375 and $1335.01 >>
..and do you think that odd since they are available at the Mint for $1277? I think it weird that they sell at ANY premium over still available Mint coins.
<< <i>You are right on with your assessment of the gold coins. There are just tooooo many of them and the silver ones will be a winner. >>
...ummm...I will go out on a limb and say there will be a BOATLOAD of silver Kennedy's sold....nothing points to a "winner" over the gold. Nice coins yes....but a winner? Maybe, but definitely not a slam dunk. >>
for some things, not just mint products, people will go on ebay and buy it before using google to find it.
this is true even for not hot, readily available items. As long as there is not too much supply there will be buyers out there that just don't search for things.
<< <i>BST has a seller trying to sell a 69 Kennedy for 1275..
even worse a kennedy buy price listed of 1050.00 has several replies as being happy with the buy price
several replies as being happy with the buy price? totally untrue as I found the thread and there were only replies from people unhappy with the price, and of course your own asking if the price was correct. Why did you ask? In disbelief? The links in this thread show raw prices after fees are higher than 1050 on ebay.
first gold HOF are being sold at melt, now people are mysteriously happy with a buy price of $1050 for a still FS eligible open box issue currently shipping from the mint??
why are you saying these things?
<< <i>BST has a seller trying to sell a 69 Kennedy for 1275..
even worse a kennedy buy price listed of 1050.00 has several replies as being happy with the buy price
As one of the replies to that seller, I will say you are incorrect that people are happy with it....they are questioning if it is a typo.
BIG difference.
Thanks to the way the mint did things this time, the cyclical highs, and lows, are hitting MUCH faster. That's what people are seeing.
And, too many weak hands that go in strong on these things, breaking every rule in order to get the most THEY can, and then they try to gouge, initially, then dump, the extras when they need to pay off the coins.
You can usually tell who they are by the fact that they only come out of the woodwork for things like this. They don't seem to care about actual coin collecting or information. Just step in and crowd out others to get the bulk, then sell them here to folks that got bumped out by them in the first place.
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
<< <i>As one of the replies to that seller, I will say you are incorrect that people are happy with it....they are questioning if it is a typo. BIG difference. >>
This.
Plus a little snarkiness on my part (note the italics in my post in that thread)...
mbogoman
https://pcgs.com/setregistry/collectors-showcase/classic-issues-colonials-through-1964/zambezi-collection-trade-dollars/7345Asesabi Lutho
<< <i>
<< <i>BST has a seller trying to sell a 69 Kennedy for 1275..
even worse a kennedy buy price listed of 1050.00 has several replies as being happy with the buy price
several replies as being happy with the buy price? totally untrue as I found the thread and there were only replies from people unhappy with the price, and of course your own asking if the price was correct. Why did you ask? In disbelief? The links in this thread show raw prices after fees are higher than 1050 on ebay.
first gold HOF are being sold at melt, now people are mysteriously happy with a buy price of $1050 for a still FS eligible open box issue currently shipping from the mint??
I would curious to see what if anything is being bought at 1050 .......especially 3 weeks after coin launch..
why are you saying these things? >>
<< <i>
<< <i>BST has a seller trying to sell a 69 Kennedy for 1275..
even worse a kennedy buy price listed of 1050.00 has several replies as being happy with the buy price
As one of the replies to that seller, I will say you are incorrect that people are happy with it....they are questioning if it is a typo.
BIG difference.
Thanks to the way the mint did things this time, the cyclical highs, and lows, are hitting MUCH faster. That's what people are seeing.
And, too many weak hands that go in strong on these things, breaking every rule in order to get the most THEY can, and then they try to gouge, initially, then dump, the extras when they need to pay off the coins.
You can usually tell who they are by the fact that they only come out of the woodwork for things like this. They don't seem to care about actual coin collecting or information. Just step in and crowd out others to get the bulk, then sell them here to folks that got bumped out by them in the first place. >>
There are loads of gold kennedy being listed on ebay raw. This screams to me ameteur flippers. Check the ungraded completed items by using -67 -68 -69 -70 in the search box. They'll primarily be raw. Dozens with more unsold than sold. Amateur flippers. At least they'll be paying the return shipping IF they do the return. If they don't do returns, we may see some new collectors by force and we may be seeing some long-term supply over hang out there. If there is supply over hang .... Who knows .... In the future maybe they get close melt.
And to add, if they had all been released within a reasonable time it woulda have been the same thing except they're not even real coins and are rather gimmicky imho. A mitt and a Ball...it is what it is...
<< <i>$1324 raw ouch >>
Ouch ain't the word. Told ya these will end up costing people.
In hindsight I see nothing special about an open mintage Kennedy Half Dollar, struck in 24K.
and certify FS
You will do just fine
<< <i>At least I'm happy I know a Dogg when I see one. After the first few days numbers came out, I canceled.
In hindsight I see nothing special about an open mintage Kennedy Half Dollar, struck in 24K. >>
You're collecting money, not coins
1275 raw
pcgs69 FS $1226
<< <i>1275 raw >>
there was another completed from that id for about 1302.50 (?)
<< <i>1275 raw
pcgs69 FS $1226 >>
That's disheartening.
<< <i>1275 raw
pcgs69 FS $1226 >>
How low will they go!!!! If I was watching this and had some of these coins and could still return I would do it ASAP. Lots of people going to get burnt. ...
<< <i>
<< <i>1275 raw
pcgs69 FS $1226 >>
That's disheartening. >>
You mean funney!
All you need is one less bid or one bidder to not participate to bring the price down $25 at that price level.
Anyone that is watching the price drop would have to be nuts to buy on ebay now. Wait a day or 2 at the very least and save some money.
The way to get one cheap is to search buy nows recent posting in the category and keep hitting refresh waiting to pounce on some seller with credit card trouble that needs to sell .
I saw this coming and tried to warn everybody.
I saw this coming and tried to warn everybody."
It started with the deplorable tactics of a few greedy dealers, followed by the shipment of many poor quality coins by the mint.
This coin has developed such a stink that many people, even hard core collectors, want nothing to do with it.
<< <i>All you need is one less bid or one bidder to not participate to bring the price down $25 at that price level.
Anyone that is watching the price drop would have to be nuts to buy on ebay now. Wait a day or 2 at the very least and save some money.
The way to get one cheap is to search buy nows recent posting in the category and keep hitting refresh waiting to pounce on some seller with credit card trouble that needs to sell . >>
I would also watch auctions, but be patient.
If things are going this way, there will be auctions with little to no fight scattered amongst the rest.
<< <i>I'm still sending mine in. Fingers crossed. >>
It's tough
This is why I had high expenses for mine. Overnight there and back, walk through and then some.
I was lucky to get them in and out during the LV show
And
If you get them off ebay, you could have something not as good as what you sent in.
<< <i>I'm still sending mine in. Fingers crossed. >>
Same here. Despite all the negativity I still like the coin. If I only bought coins to flip I wouldn't have any... Is this not Collectors Universe?
<< <i>This coin is the contrarians dream (in the long run). I do not remember an issue with such dislike. I just might have to hold on to one if I can get a good price. >>
If you really like the Coin then you should get one. I'd reccommend getting it from the Mint though. You don't want to
buy someones rejects off ebay. Sounds like the Mint is reshipping the returns so you might want to order several and
hope for one good one. Return the rejects until you get the quality you need. You just need to watch your shipping
and insurance costs.
They still don't have all 70's quality control, and until they can perfect computer scanning and the buying public pays a remelt premium, we won't see high end coins in every box.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
<< <i>I thought these were supposed to be comparable to te UHRs?? >>
Address that to a member. Different people had different ideas
I thought between RP Buff and UHR, but not nearly as hot as the gold HOF
But it looks like less hot than the RP Buff
You could have sold to GC for 125 over
Very impatient weak handed buyers will suffer poorly from the huge quantities
On eBay
The coin will do perfectly fine in the near future
Don't forget the complaints and price track of UHR when they were released
Very similar
I would expect sales figures to backtrack dramatically, one thing is pretty much
In the bag----if they did mint any more than 40000, it can't be much, and the flood
of returns should more than satisfy demand
Looks like they might be melting some
Yup, if you like the coin, today's transitory pricing is not an issue.
I knew it would happen.
I still think the one factor that might help the Kennedy gold is demand overseas like the UHR. I passed on the Kennedy Gold though. I will be buying two sets of the silver and keeping raw.
Box of 20
EDIT: Is there a possibility that a significant amount are returned and the Mint can't unload em, so into the melting pot they go? In a year from now, after all the returns and smelting, final sold are much lower than anticipated and prices have nearly doubled
I bought the other to flip, but that's not a current possibility. I returned it yesterday to the Mint. The only flaw I saw was what looked like tiny water spots in the field on the front. I've seen a couple of posts where similar coins still earned 70s, but I would not have been happy to have that coin even in a 70 slab. At least I didn't want to spend $50 and get stuck with a 69 and not be able to get out.
So I think I got what I wanted.
People mention the UHRs, and the Baseballs and the Buffalo Reverse Proofs. I love my UHR, I like the gold baseballs but they are too small in my opinion (the silver proofs look like a much better size for the design). I almost can't stand looking at the Reverse Proof Buffalo. I love the regular Proof Buffalo, it's my favorite recurring modern, and I like the Silver Eagle Reverse Proofs, but that Buffalo just looks ugly in reverse proof, IMHO.
Just saying.....
<< <i>I still think the one factor that might help the Kennedy gold is demand overseas like the UHR. >>
History repeating itself. I remember that there was a huge demand overseas, especially in Europe, for the 1964 Kennedy half when it was initially released.
My Adolph A. Weinman signature
Well, just Love coins, period.
<< <i>
<< <i>1275 raw
pcgs69 FS $1226 >>
That's disheartening. >>
$1161 and free shipping
My Adolph A. Weinman signature
<< <i>Anyone who sells raw for less than issue net is an idi$t
You could have sold to GC for 125 over
Very impatient weak handed buyers will suffer poorly from the huge quantities
On eBay
The coin will do perfectly fine in the near future
Don't forget the complaints and price track of UHR when they were released
Very similar
I would expect sales figures to backtrack dramatically, one thing is pretty much
In the bag----if they did mint any more than 40000, it can't be much, and the flood
of returns should more than satisfy demand
Looks like they might be melting some >>
All the glee with falling places and blaming greedy dealers is not the whole picture..
The Mint and ANA Show mangers knew precisely what dealers were doing to get the gold kennedys.. The Mint could have stopped all the nonsense right there Tuesday .. even the ANA director of marketing said right here on this forum that no overnight camping out lining up at the door would be allowed, and ,that only those preregistered had a chance to get the gold kennedy Tuesday ..falling prices have lessened dealer's profit .. but brought the ANA Show publicity, Mint buzz on a new coin
The chumps that came in later, once again left holding a bag of falling mint product prices
My dealer friend sold all his gold kennedys at the Show . guess they were in the know
Pell back the curtain ,,the MInt and ANA Show managers were the real culprits
<< <i>
<< <i>
<< <i>1275 raw
pcgs69 FS $1226 >>
That's disheartening. >>
$1161 and free shipping >>
WHO SAID YOU WOULD NEVER GET THESE AT SPOT? darn close... now wipe your face you got something on it!! j/k all in fun
<< <i>Didn't see prices falling below the release of $1244.95. Mine is arriving tomorrow, I can buy slabbed 69's for less with the OGP right now.
EDIT: Is there a possibility that a significant amount are returned and the Mint can't unload em, so into the melting pot they go? In a year from now, after all the returns and smelting, final sold are much lower than anticipated and prices have nearly doubled
Why bother buying from the mint when you can get them cheaper then issue price right now? if you look hard enough you can get it just above spot price graded!
I just wish it was the big boys who played the stupid games got burnt and not the little guy but as you can see that's not the case. Dam it
Let the price wars start. Push em back, shove em back, way back.