That last was for a sealed box of 5 but eBay says "this listing was ended because the item was sold." I'm not certain that this sold on the bay. This may just have been the bid when the seller ended the listing. If it did, it was well under melt.
What ever happened to all those people that were saying the price was going to get stronger after the weak links left?
I had 10 of those pigs ordered and cancelled before they could ship them to me and it was not because I was a weak link either. >>
Not everyone was saying the price was going to get stronger. Some even said get rid of them quickly.
Posted 8/5: "If it smells like a bubble. . . "
Posted 8/5: "Maybe the "pigs at the trough" will regret paying too much."
Posted 8/12: << Hows it all gonna play out >> <<IMO, just like the UHR. >> "I'm thinking more like the baseballs."
Posted 8/28: "failure of gold prices to show signs of recovery have had a negative impact on recent gold commemoratives and gold special issues. For many, buying into a gold coin has to offer some promise of appreciation in the metal itself. Had the HOF and the JFK golds been issued when gold was moving up to new highs participation/demand would have been much greater."
And this was just from one poster who also suggested caution in many of the other JFK gold threads.
I'll say it again - flipping mint gold or silver collector coins in the face of declining precious metals prices should be avoided. The only exceptions are potential lowest mintage coins that will probably have to be held to maturity.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Listing for 5 coins (so, just over $800/coin!!! Wow!). Listing is a little weird....end of description says "2 coins".
"Five 2014-W Gold 50th Anniversary Kennedy Half Dollar First Strike K15 (2 Coins)"
Someone took a very cold bath on these >>
Seller has another auction for two Kennedy gold coins running, maybe the five coin listing was an incompletely modified listing using the two coin listing as a template?
9/28/2014...2014 KENNEDY ANNIVERSARY UNC CLAD SET...132,745 That's +1,051 over last week. 9/28/2014...2014 KENNEDY ANNIVERSARY GOLD COIN..........63,757 That's +190 over last week. >>
More new numbers: 10/5/2014...2014 KENNEDY ANNIVERSARY UNC CLAD SET...132,928.... That's +183 over last week. 10/5/2014...2014 KENNEDY ANNIVERSARY GOLD COIN..........63,944.... That's +187 over last week.
Clad sales have been severely curtailed, probably because you couldn't order one on the mint site for days. (You can now, but was blocked earlier this week. Average 900/week over the last three weeks.) Gold sales have been very consistant, averaging about 185/week over the past three weeks.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i> Clad sales have been severely curtailed, probably because you couldn't order one on the mint site for days. (You can now, but was blocked earlier this week. Average 900/week over the last three weeks.) >>
...and why is there still a household limit of 5 on the clads?? Maybe they would sell more if collectors could buy more.....no?
If the mint had done a 1 ounce high relief these would have potential, way too many sold for what it is. The mint could do a gold washington quarter, gold lincoln cent, gold jefferson nickel then maybe these would move to include in a set.
<< <i>I don't think these will outsell that Ultra High Relief coin. How many 3/4 ounces have sold by now ? >>
10/5/2014...2014 KENNEDY ANNIVERSARY UNC CLAD SET...132,928.... That's +183 over last week. 10/5/2014...2014 KENNEDY ANNIVERSARY GOLD COIN..........63,944.... That's +187 over last week. (peak was over 64k. returns are being resold.)
I'm still here and prices will get stronger Except no one on this forum has any patience, must be a sign of the times if the coin doesn't pop in value within days of release it's a dog We will only see the true potential of this coin when sales cease and the weak hands stop dumping
IMHO the future of these is tied directly to the future of gold prices. Otherwise just another gold commemorative with a high mintage for a commemorative. Comparing these to the 2009 UHR will prove to be a mistake. Resellers still holding should wait it out.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
This sold more than the RP Buffs, but it seems that ebay prices are pitiful.
it seem that many who want them have them and until the stuck flippers unload overhang, prices will be flat-ish. The UHR eventually turned around as it was still selling on ebay and the mint, but with not nearly as much overhang. I'd say, in hindsight, the UHR had a hidden supply deficit. As the mint can still make these until Dec 31, 2014, and sell them however long they wish, there will be more overhang from that. Turn around is going to be limited after these go off sale unless foreign markets can soak the overhang up. There will need to besome serious Kennedy fans out there to help this recover. I'm not going to say it can't be done, but it is not as easy as the UHR was. The difference between the UHR and this is evident on ebay right now. The UHR was never this bad and that is due to Kennedy over-supply plain and simple.
The UHR had it bad in the early days too---don't kid yourself, we were there to see it but many choose to ignore what happened However the UHR had rising gold prices, not falling like the Kennedy Will this coin take time to wake up, absolutely Patience is the key word and let the sales end and check back a month or two after they are unavailable at the us mint Then we can see how they perform
unfortunately patience is the only word for sellers who still hold them. Don't expect them to behave like the UHR sales did.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
And don't forget, it took awhile for the mint to even ship these out which also increased the interest. That was due to the error with the books which came along with the coin. I sold mine raw for $2K on a quick flip. They dig stagnate though for a while at some point months into things.
Oh absolutely the UHR stagnated---for months Shortly after shipments were flowing PCGS 70 FS were only selling at 1550 (depending on when you bought as little as. 200-300 over issue in a rising gold market !!!! These kennedy gold are reacting very much the same to date. Anyone who wants to counter the argument, fine, but don't just run your mouth--back it up with facts
Comments
Below melt......
Best Regards,
George
<< <i>$4049.99 raw >>
Wow - Five raw, sealed, 1st strike eligible for $809.80 each. Should have put a reserve on that puppy. Brutal.
The only reason I kept it sealed was to gauge the demand for a possible FS. Right now, it seems pretty bleak.
I knew it would happen.
What ever happened to all those people that were saying the price was going to get stronger after the weak links left?
I had 10 of those pigs ordered and cancelled before they could ship them to me and it was not because I was a weak link either.
<< <i>Ouch! It gets worse every day!
What ever happened to all those people that were saying the price was going to get stronger after the weak links left?
I had 10 of those pigs ordered and cancelled before they could ship them to me and it was not because I was a weak link either. >>
Not everyone was saying the price was going to get stronger. Some even said get rid of them quickly.
Posted 8/5: "If it smells like a bubble. . . "
Posted 8/5: "Maybe the "pigs at the trough" will regret paying too much."
Posted 8/12: << Hows it all gonna play out >> <<IMO, just like the UHR. >> "I'm thinking more like the baseballs."
Posted 8/28: "failure of gold prices to show signs of recovery have had a negative impact on recent gold commemoratives and gold special issues. For many, buying into a gold coin has to offer some promise of appreciation in the metal itself. Had the HOF and the JFK golds been issued when gold was moving up to new highs participation/demand would have been much greater."
And this was just from one poster who also suggested caution in many of the other JFK gold threads.
I'll say it again - flipping mint gold or silver collector coins in the face of declining precious metals prices should be avoided. The only exceptions are potential lowest mintage coins that will probably have to be held to maturity.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>$4049.99 raw >>
Gotta be a little descriptive on this one....
Listing for 5 coins (so, just over $800/coin!!! Wow!).
Listing is a little weird....end of description says "2 coins".
"Five 2014-W Gold 50th Anniversary Kennedy Half Dollar First Strike K15 (2 Coins)"
Someone took a very cold bath on these
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>
<< <i>$4049.99 raw >>
Gotta be a little descriptive on this one....
Listing for 5 coins (so, just over $800/coin!!! Wow!).
Listing is a little weird....end of description says "2 coins".
"Five 2014-W Gold 50th Anniversary Kennedy Half Dollar First Strike K15 (2 Coins)"
Someone took a very cold bath on these >>
Seller has another auction for two Kennedy gold coins running, maybe the five coin listing was an incompletely modified listing using the two coin listing as a template?
Text
<< <i>New numbers:
9/28/2014...2014 KENNEDY ANNIVERSARY UNC CLAD SET...132,745 That's +1,051 over last week.
9/28/2014...2014 KENNEDY ANNIVERSARY GOLD COIN..........63,757 That's +190 over last week. >>
More new numbers:
10/5/2014...2014 KENNEDY ANNIVERSARY UNC CLAD SET...132,928.... That's +183 over last week.
10/5/2014...2014 KENNEDY ANNIVERSARY GOLD COIN..........63,944.... That's +187 over last week.
Clad sales have been severely curtailed, probably because you couldn't order one on the mint site for days. (You can now, but was blocked earlier this week. Average 900/week over the last three weeks.)
Gold sales have been very consistant, averaging about 185/week over the past three weeks.
I knew it would happen.
<< <i>just kidding. Looks like an error in the listing >>
The 5 box was really a 2
<< <i>
<< <i>just kidding. Looks like an error in the listing >>
The 5 box was really a 2 >>
Yep, weight states only 2 pounds.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>I have 3 of these and I like them even though I haven't opened either box yet.
I love my PCGS 70FS......I can wait as long as it takes....or if I die, whichever comes first.
<< <i> Clad sales have been severely curtailed, probably because you couldn't order one on the mint site for days. (You can now, but was blocked earlier this week. Average 900/week over the last three weeks.) >>
...and why is there still a household limit of 5 on the clads?? Maybe they would sell more if collectors could buy more.....no?
<< <i>...and why is there still a household limit of 5 on the clads?? Maybe they would sell more if collectors could buy more.....no? >>
<< <i>I don't think these will outsell that Ultra High Relief coin. How many 3/4 ounces have sold by now ? >>
Well, 1 day and 9 posts above yours, the numbers are listed if you really wanted to know
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>
<< <i>...and why is there still a household limit of 5 on the clads?? Maybe they would sell more if collectors could buy more.....no? >>
once they are off BO for a while, they'll probably remove the limit.
<< <i>I don't think these will outsell that Ultra High Relief coin. How many 3/4 ounces have sold by now ? >>
10/5/2014...2014 KENNEDY ANNIVERSARY UNC CLAD SET...132,928.... That's +183 over last week.
10/5/2014...2014 KENNEDY ANNIVERSARY GOLD COIN..........63,944.... That's +187 over last week. (peak was over 64k. returns are being resold.)
numbers generally out tuesdays about 5pm est.
I'll be holding them long term. It actually is a beautiful coin. IMHO
<< <i>I also bought 3. I had them graded. All First Strike, two 70's and a 68
I'll be holding them long term. It actually is a beautiful coin. IMHO >>
Don't fret too much as the 68 is the rare bird in your flock...
The value of these has way exceeded my lowest expectations.
Except no one on this forum has any patience, must be a sign of the times
if the coin doesn't pop in value within days of release it's a dog
We will only see the true potential of this coin when sales cease and the
weak hands stop dumping
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
plus emotionally-charged personal attachment to the success of a commemorative equals desperation.
Derry is right - significantly rising gold will raise all ships.
it seem that many who want them have them and until the stuck flippers unload overhang, prices will be flat-ish. The UHR eventually turned around as it was still selling on ebay and the mint, but with not nearly as much overhang. I'd say, in hindsight, the UHR had a hidden supply deficit. As the mint can still make these until Dec 31, 2014, and sell them however long they wish, there will be more overhang from that. Turn around is going to be limited after these go off sale unless foreign markets can soak the overhang up. There will need to besome serious Kennedy fans out there to help this recover. I'm not going to say it can't be done, but it is not as easy as the UHR was. The difference between the UHR and this is evident on ebay right now. The UHR was never this bad and that is due to Kennedy over-supply plain and simple.
I just always expect others not to waste everyone's time. My bad for not understanding my own flawed premise on that.
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
but many choose to ignore what happened
However the UHR had rising gold prices, not falling like the Kennedy
Will this coin take time to wake up, absolutely
Patience is the key word and let the sales end and check back a month or two after they
are unavailable at the us mint
Then we can see how they perform
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>Took longer than a year for the UHR to take off. I expect to wait. >>
Not true. I was one of the first to get one. Took it to PCGS headquarters, same day grading-graded 70, and sold it for $3200.
<< <i>A rising tide lifts all boats…
Not the ones with holes
<< <i>Not the ones with holes >>
Especially holes that are Titanic-like....
And people paid 20K for the first 6 Kennedy. Congrats you got the early stupid money. Did people get that 6 months later?
Shortly after shipments were flowing PCGS 70 FS were only selling
at 1550 (depending on when you bought as little as. 200-300 over issue
in a rising gold market !!!!
These kennedy gold are reacting very much the same to date. Anyone who
wants to counter the argument, fine, but don't just run your mouth--back it up
with facts