Some coin and currency set comes out, and the gold kennedy thread drops to page 7...
Post Black Friday numbers...
11/9/2014.....2014 KENNEDY ANNIVERSARY UNC CLAD SET...146,222...That's +4,414 units over the previous week. 11/16/2014...2014 KENNEDY ANNIVERSARY UNC CLAD SET...148,928...That's +2,706 units over the previous week. 11/23/2014...2014 KENNEDY ANNIVERSARY UNC CLAD SET...165,824...That's +16,896 units over the previous week. 11/30/2014...2014 KENNEDY ANNIVERSARY UNC CLAD SET...170,500...That's +4,676 units over the previous week.
11/9/2014.....2014 KENNEDY ANNIVERSARY GOLD COIN...66,547...That's +493 units over the previous week. 11/16/2014...2014 KENNEDY ANNIVERSARY GOLD COIN...66,859...That's +312 units over the previous week. 11/23/2014...2014 KENNEDY ANNIVERSARY GOLD COIN...67,301...That's +442 units over the previous week. 11/30/2014...2014 KENNEDY ANNIVERSARY GOLD COIN...67,640...That's +339 units over the previous week.
11/9/2014.....2014 KENNEDY ANNIVERSARY SILVER SET...137,802...That's +12,655 units over the previous week. 11/16/2014...2014 KENNEDY ANNIVERSARY SILVER SET...144,572...That's +6,770 units over the previous week. 11/23/2014...2014 KENNEDY ANNIVERSARY SILVER SET...166291...That's +21719 units over the previous week. 11/30/2014...2014 KENNEDY ANNIVERSARY SILVER SET...172634...That's +6343 units over the previous week.
Next week we'll get cyber monday numbers. Uh, huh...
<< <i>Six months, six years, this issue is never going to command a premium much higher than spot. >>
Note to self - keep this post .....in order to re-post at the appropriate time to remove all doubt. >>
Notice how ebay lisiting are mostly BINs... most still holding Gold Kennedys are buried from buying at much higher prices Still ,the ANA Bus sitter dealers have not sold many of their Gold Kennedys Only thing to rescue the Gold Kennedy is higher Gold spot prices .. watch those big dealers sell for a buy signal
And where do we go from here Which is the way that's clear
Still looking for that blue jean, baby queen Prettiest girl I ever seen See her shake on the movie screen, Jimmy Dean Jimmy Dean Rock on Rock on Rock on
<< <i> Whelp, they sold 551 Units between 2:13 PM EST and 3:31 PM EST. >>
551 gold Kennedys in an 1 1/2 hours and 339 all of last week?????
Really???? >>
What is strange to me (I may have missed this) but back on Nov. 24th, Hattrick posted that they had planned 'a first batch at 75K'?
Was a Mint statement to that effect indeed out there before today? >>
Initially they said somewhere that they had 75,000 blanks to make coins and the ability to obtain more if needed. I thought at that time they would be lucky if they could sell 75,000. Obviously they needed to try to pick up interest some way to get rid of the remaining coins. I still think it will be a push to sell 75,000. Who knows, maybe some of the less informed will think they are getting a "limited edition"
" If you push something hard enough, it will fall over. " The 1st Law of Opposition from The Firesign Theater
Iirc, after the initial panic buys at the sales counters, the mint came out later and said they could do as many as 75k by the end of oct. or early nov.
2000 Posts. I never thought there would be so much to say about this coin. It is a shame that so much of it is negative. Just goes to show how greed and poor quality can ruin a good thing.
" If you push something hard enough, it will fall over. " The 1st Law of Opposition from The Firesign Theater
<< <i>Being a bad idea has never stopped the Mint before. They probably made the 5 oz. silver "quarters" thinking that they would circulate as pocket change. >>
I believe the 5 oz. silver quarters were foisted on the Mint by Congress.
<< <i>2000 Posts. I never thought there would be so much to say about this coin. It is a shame that so much of it is negative. Just goes to show how greed and poor quality can ruin a good thing. >>
It's a good looking coin and has sold better than many people here predicted, even me. 1) I'll joke about anything 2) It's only a dud on ebay and other flipping venues.
I'd love to own one of these to add to my gold commemorative collection, but even with limiting the mintage to 75K, I just can't see the potential for it appreciating in price significantly 4 or 5 years from now.
My guess is it moves up after the mint stops sales and stays firm afterward. Kind of like the Jefferson Liberty Spouse, I'd expect that we'll see sellers on eBay selling 69s smaller premiums to melt a few years out.
<< <i> Whelp, they sold 551 Units between 2:13 PM EST and 3:31 PM EST. >>
551 gold Kennedys in an 1 1/2 hours and 339 all of last week?????
Really???? >>
What is strange to me (I may have missed this) but back on Nov. 24th, Hattrick posted that they had planned 'a first batch at 75K'?
Was a Mint statement to that effect indeed out there before today? >>
Initially they said somewhere that they had 75,000 blanks to make coins and the ability to obtain more if needed. I thought at that time they would be lucky if they could sell 75,000. Obviously they needed to try to pick up interest some way to get rid of the remaining coins. I still think it will be a push to sell 75,000. Who knows, maybe some of the less informed will think they are getting a "limited edition" >>
Some how collectors does not like "unlimit" word, even thought the mint still can only sell limit amount as I noted ASE set average around 250k and gold around 50k.
Today I am giving thanks for the extra money that I have because I did not waste it on this coin. >>
Still giving thanks .
Should I be giving thanks that I've never opened my boxes or submitted for grading the 3 sets I bought of each? Should I ever bother opening them or should I just gamble that when I'm gone, someone will be asking WTF?
Q: Are You Printing Money? Bernanke: Not Literally
Wow. Gold posted some pretty good numbers after the cap was lowered. Increase in clads due to being a cheap stocking stuffer? Silver remains somewhat constant...
Is 75,000 the Mintage limit or the Demand limit ? The mint's strategy for creating a sellout: Lower maximum mintage to just above current sales totals.
" If you push something hard enough, it will fall over. " The 1st Law of Opposition from The Firesign Theater
At bottom for the Gold Kennedys? Last week, my friend sold 4 Gold Kennedys .... The most since August !!! Still have not seen the ANA Show bus sitter dealers sell, which would be my confirmation of the final washout low
The Kennedy Clad set is currently OOS. If it goes back on sale, it will sell out at 200K. The Gold took a walk backward, probably for the same reason the BBHOF coins went back on sale. An audit of the sales, with returns and orders "on hold" canceled. The silver set is still selling stronger than I suspected. Projected sell out in Feb/March?
Hattrick.... I still have a nice fresh PCGS PR70DCAM waiting for you this time next year....price? $1800.
Just like those giving thanks for not buying the UHR at $1189. >>
It was 6 months first. Now it's this time next year.
I think prices may level off and climb some once the go off same and the amateur flippers finish eating their losses on ebay. Who know how long that will take but we have a forum member selling less than 70 raw for $999. Time will be required.
<< <i>The 2015 gold UHR may drop prices on the 2009 UHR, if it is released late in the year mintages may come in lower. >>
Prices on the 2009 UHR weakened over the last 6 months.....poor Gold Kennedy may be relegated to a has been coin ,until some promoter gets a hold and promotes it .. years down the road
A lot of posters here have steadily criticized the Kennedy Gold. I for one believe it is an important collectible. It should be viewed as at least as significant as the Martha Washington coin from the First Spouse series.
The 2015 gold UHR may drop prices on the 2009 UHR, if it is released late in the year mintages may come in lower.
The 2015 UHR will not be a classic design, but an entirely new designed walking liberty.
I think the 2009 UHR will hold its own. I will probably pass on the 2015 gold UHR but will buy the silver version. The 2015 gold UHR is estimated to cost $1700. Because of the new design, even if it looks good, I am just not interested.
<< <i>It was 6 months after close of sales.....sales haven't closed yet Get it right >>
From your post 7/8 on Sept 8:
"I just call it idiotic or just plain stupidity.
You have to realize that the ebay market for these is not good right now. Sit back, relax, in 6 months you will be getting $1700-$1800 for the same coin.
But weak hands - are just that - weak hands. You shouldnt be in the game if you cant afford to hold."
<< <i>It was 6 months after close of sales.....sales haven't closed yet Get it right >>
<< <i>Monday September 08, 2014 10:13 AM 7over8 "I just call it idiotic or just plain stupidity. You have to realize that the ebay market for these is not good right now. Sit back, relax, in 6 months you will be getting $1700-$1800 for the same coin. >>
"
7over8 MsM "got it right" and you are beginning to make excuses.
"Bongo drive 1984 Lincoln that looks like old coin dug from ground."
Hmmm let's see. Whatever date you wish to hold me to with my comments----it certainly Isn't 6 months past the date of the post you quoted. So, I guess I'll rely on someone else to count the months for me
<< <i>Sales need to close first before true appreciation can begin All of you know this, but you choose to ignore it. >>
Nope...just quoting you from September 8. But as it may, unless gold makes another run up to $2k, this coin will never hit $1800. Borrowing from one of your famous quotes from years past..."You can stick a fork in it."
"Bongo drive 1984 Lincoln that looks like old coin dug from ground."
Comments
<< <i>Happy Thanksgiving everyone !!!!!!!
Today I am giving thanks for the extra money that I have because I did not waste it on this coin.
Hattrick, don't you want all 3 sets?
Anyone care to do a little quick photoshop on this pic , and change the globe into a kennedy gold half and atlas into 7over8 ??
Post Black Friday numbers...
11/9/2014.....2014 KENNEDY ANNIVERSARY UNC CLAD SET...146,222...That's +4,414 units over the previous week.
11/16/2014...2014 KENNEDY ANNIVERSARY UNC CLAD SET...148,928...That's +2,706 units over the previous week.
11/23/2014...2014 KENNEDY ANNIVERSARY UNC CLAD SET...165,824...That's +16,896 units over the previous week.
11/30/2014...2014 KENNEDY ANNIVERSARY UNC CLAD SET...170,500...That's +4,676 units over the previous week.
11/9/2014.....2014 KENNEDY ANNIVERSARY GOLD COIN...66,547...That's +493 units over the previous week.
11/16/2014...2014 KENNEDY ANNIVERSARY GOLD COIN...66,859...That's +312 units over the previous week.
11/23/2014...2014 KENNEDY ANNIVERSARY GOLD COIN...67,301...That's +442 units over the previous week.
11/30/2014...2014 KENNEDY ANNIVERSARY GOLD COIN...67,640...That's +339 units over the previous week.
11/9/2014.....2014 KENNEDY ANNIVERSARY SILVER SET...137,802...That's +12,655 units over the previous week.
11/16/2014...2014 KENNEDY ANNIVERSARY SILVER SET...144,572...That's +6,770 units over the previous week.
11/23/2014...2014 KENNEDY ANNIVERSARY SILVER SET...166291...That's +21719 units over the previous week.
11/30/2014...2014 KENNEDY ANNIVERSARY SILVER SET...172634...That's +6343 units over the previous week.
Next week we'll get cyber monday numbers. Uh, huh...
<< <i>
<< <i>Six months, six years, this issue is never going to command a premium much higher than spot. >>
Note to self - keep this post .....in order to re-post at the appropriate time to remove all doubt. >>
Remove all doubt:
75,000 to be sold already hit 67,640
<< <i>
<< <i>Happy Thanksgiving everyone !!!!!!!
Today I am giving thanks for the extra money that I have because I did not waste it on this coin.
Hattrick, don't you want all 3 sets? >>
No thanks. Passed on all three. Too many poor quality coins being shipped by the mint and poor quality
non 70's being passed off as 70's by the TPG's. Done buying anything for now.
<< <i>
<< <i>
<< <i>Happy Thanksgiving everyone !!!!!!!
Today I am giving thanks for the extra money that I have because I did not waste it on this coin.
Hattrick, don't you want all 3 sets? >>
No thanks. Passed on all three. Too many poor quality coins being shipped by the mint and poor quality
non 70's being passed off as 70's by the TPG's. Done buying anything for now. >>
is this a reverse hat trick then?
<< <i>
<< <i>Six months, six years, this issue is never going to command a premium much higher than spot. >>
Note to self - keep this post .....in order to re-post at the appropriate time to remove all doubt. >>
Notice how ebay lisiting are mostly BINs... most still holding Gold Kennedys are buried from buying at much higher prices
Still ,the ANA Bus sitter dealers have not sold many of their Gold Kennedys
Only thing to rescue the Gold Kennedy is higher Gold spot prices .. watch those big dealers sell for a buy signal
<< <i>75,000 will take 6 months to sell out. This coin is TOAST. >>
FWIW, I picked up 5 singles from the Mint over about the last 1 1/4 hours.
Whelp, they sold 551 Units between 2:13 PM EST and 3:31 PM EST.
Most of the buyers probably from the Board, alone.
Word gets around and beyond the Board, the issue may sell out faster than we think.
That said, I am late to the Party on this and missed out entirely. From what I hear it was good I missed that experience.
I bought the first two just as I got the Coin World email, then I looked at the Board Posts, it really accelerated once the new thread appeared.
I also bought a First Strike PR70 DCAM on the Bay with all 'the fixins' for my kids to fight over when the Estate settles.
Casman will get to handle those details.
#1 or XXXXX443 was placed at 2:13 PM EST , so gauge Sales today starting there and you get a good idea of demand.
<< <i> Whelp, they sold 551 Units between 2:13 PM EST and 3:31 PM EST. >>
551 gold Kennedys in an 1 1/2 hours and 339 all of last week?????
Really????
<< <i>
<< <i> Whelp, they sold 551 Units between 2:13 PM EST and 3:31 PM EST. >>
551 gold Kennedys in an 1 1/2 hours and 339 all of last week?????
Really???? >>
What is strange to me (I may have missed this) but back on Nov. 24th, Hattrick posted that they had planned 'a first batch at 75K'?
Was a Mint statement to that effect indeed out there before today?
Which is the way that's clear
Still looking for that blue jean, baby queen
Prettiest girl I ever seen
See her shake on the movie screen, Jimmy Dean
Jimmy Dean
Rock on
Rock on
Rock on
<< <i>
<< <i>
<< <i> Whelp, they sold 551 Units between 2:13 PM EST and 3:31 PM EST. >>
551 gold Kennedys in an 1 1/2 hours and 339 all of last week?????
Really???? >>
What is strange to me (I may have missed this) but back on Nov. 24th, Hattrick posted that they had planned 'a first batch at 75K'?
Was a Mint statement to that effect indeed out there before today? >>
Initially they said somewhere that they had 75,000 blanks to make coins and the ability to obtain more if needed. I thought at that
time they would be lucky if they could sell 75,000. Obviously they needed to try to pick up interest some way to get rid of the remaining coins.
I still think it will be a push to sell 75,000. Who knows, maybe some of the less informed will think they are getting a "limited edition"
AUGUST 7 SALES UPDATE
The writing was on the wall then.
Still giving thanks .
Just goes to show how greed and poor quality can ruin a good thing.
<< <i>Being a bad idea has never stopped the Mint before. They probably made the 5 oz. silver "quarters" thinking that they would circulate as pocket change. >>
I believe the 5 oz. silver quarters were foisted on the Mint by Congress.
My Adolph A. Weinman signature
<< <i>2000 Posts. I never thought there would be so much to say about this coin. It is a shame that so much of it is negative.
Just goes to show how greed and poor quality can ruin a good thing. >>
It's a good looking coin and has sold better than many people here predicted, even me.
1) I'll joke about anything
2) It's only a dud on ebay and other flipping venues.
My guess is it moves up after the mint stops sales and stays firm afterward. Kind of like the Jefferson Liberty Spouse, I'd expect that we'll see sellers on eBay selling 69s smaller premiums to melt a few years out.
<< <i>
<< <i>
<< <i>
<< <i> Whelp, they sold 551 Units between 2:13 PM EST and 3:31 PM EST. >>
551 gold Kennedys in an 1 1/2 hours and 339 all of last week?????
Really???? >>
What is strange to me (I may have missed this) but back on Nov. 24th, Hattrick posted that they had planned 'a first batch at 75K'?
Was a Mint statement to that effect indeed out there before today? >>
Initially they said somewhere that they had 75,000 blanks to make coins and the ability to obtain more if needed. I thought at that
time they would be lucky if they could sell 75,000. Obviously they needed to try to pick up interest some way to get rid of the remaining coins.
I still think it will be a push to sell 75,000. Who knows, maybe some of the less informed will think they are getting a "limited edition" >>
Some how collectors does not like "unlimit" word, even thought the mint still can only sell limit amount as I noted ASE set average around 250k and gold around 50k.
Dont want one now. Wont want one at $700. Will want a Gold Plated one for $5 one day.
Still giving thanks .
Should I be giving thanks that I've never opened my boxes or submitted for grading the 3 sets I bought of each? Should I ever bother opening them or should I just gamble that when I'm gone, someone will be asking WTF?
I knew it would happen.
<< <i>Anyone care to do a little quick photoshop on this pic , and change the globe into a kennedy gold half and atlas into 7over8 ??
This is close.
11/16/2014...2014 KENNEDY ANNIVERSARY UNC CLAD SET...148,928.....2,706
11/23/2014...2014 KENNEDY ANNIVERSARY UNC CLAD SET...165,824...16,896
11/30/2014...2014 KENNEDY ANNIVERSARY UNC CLAD SET...170,500.....4,676
12/7/2014.....2014 KENNEDY ANNIVERSARY UNC CLAD SET...183,698...13,198
11/16/2014...2014 KENNEDY ANNIVERSARY GOLD COIN...66,859......312
11/23/2014...2014 KENNEDY ANNIVERSARY GOLD COIN...67,301......442
11/30/2014...2014 KENNEDY ANNIVERSARY GOLD COIN...67,640......339
12/7/2014.....2014 KENNEDY ANNIVERSARY GOLD COIN...68,699...1,059
11/16/2014...2014 KENNEDY ANNIVERSARY SILVER SET...144,572.....6,770
11/23/2014...2014 KENNEDY ANNIVERSARY SILVER SET...166,291....21,719
11/30/2014...2014 KENNEDY ANNIVERSARY SILVER SET...172,634......6,343
12/7/2014.....2014 KENNEDY ANNIVERSARY SILVER SET...178,455......5,821
Wow. Gold posted some pretty good numbers after the cap was lowered. Increase in clads due to being a cheap stocking stuffer? Silver remains somewhat constant...
The mint's strategy for creating a sellout: Lower maximum mintage to just above current sales totals.
<< <i>I think this Gold Kennedy is junk and will always be junk.
Dont want one now. Wont want one at $700. Will want a Gold Plated one for $5 one day.
Most of the Ebay listings have turned to BINs ,,a sign of price weakness even at these lower levels..
11/23/2014....2014 KENNEDY ANNIVERSARY UNC CLAD SET...165,824...16,896
11/30/2014....2014 KENNEDY ANNIVERSARY UNC CLAD SET...170,500.....4,676
12/7/2014......2014 KENNEDY ANNIVERSARY UNC CLAD SET...183,698...13,198
12/14/2014....2014 KENNEDY ANNIVERSARY UNC CLAD SET...194,809...11,111
11/23/2014....2014 KENNEDY ANNIVERSARY GOLD COIN...67,301.....442
11/30/2014....2014 KENNEDY ANNIVERSARY GOLD COIN...67,640.....339
12/7/2014......2014 KENNEDY ANNIVERSARY GOLD COIN...68,699..1,059
12/14/2014....2014 KENNEDY ANNIVERSARY GOLD COIN...69,501.....802
11/23/2014....2014 KENNEDY ANNIVERSARY SILVER SET...166,291...21,719
11/30/2014....2014 KENNEDY ANNIVERSARY SILVER SET...172,634.....6,343
12/7/2014......2014 KENNEDY ANNIVERSARY SILVER SET...178,455.....5,821
12/14/2014....2014 KENNEDY ANNIVERSARY SILVER SET...184,098.....5,643
Clads remain strong, probably Christmas. Still surprisingly strong sales, especially the gold... And the silver sets keep chugging along...
<< <i>75k is now mintage limit. >>
At bottom for the Gold Kennedys? Last week, my friend sold 4 Gold Kennedys .... The most since August !!!
Still have not seen the ANA Show bus sitter dealers sell, which would be my confirmation of the final washout low
Preliminary numbers out today probably due to the short work week...
11/30/2014...2014 KENNEDY ANNIVERSARY UNC CLAD SET...170,500.....4,676
12/7/2014.....2014 KENNEDY ANNIVERSARY UNC CLAD SET...183,698...13,198
12/14/2014...2014 KENNEDY ANNIVERSARY UNC CLAD SET...194,809...11,111
12/21/2014...2014 KENNEDY ANNIVERSARY UNC CLAD SET...198,173.....3,364
11/30/2014...2014 KENNEDY ANNIVERSARY GOLD COIN...67,640.....339
12/7/2014.....2014 KENNEDY ANNIVERSARY GOLD COIN...68,699...1,059
12/14/2014...2014 KENNEDY ANNIVERSARY GOLD COIN...69,501......802
12/21/2014...2014 KENNEDY ANNIVERSARY GOLD COIN...68,974.....-527
11/30/2014...2014 KENNEDY ANNIVERSARY SILVER SET...172,634...6,343
12/7/2014.....2014 KENNEDY ANNIVERSARY SILVER SET...178,455...5,821
12/14/2014...2014 KENNEDY ANNIVERSARY SILVER SET...184,098...5,643
12/21/2014...2014 KENNEDY ANNIVERSARY SILVER SET...188,147...4,049
The Kennedy Clad set is currently OOS. If it goes back on sale, it will sell out at 200K.
The Gold took a walk backward, probably for the same reason the BBHOF coins went back on sale. An audit of the sales, with returns and orders "on hold" canceled.
The silver set is still selling stronger than I suspected. Projected sell out in Feb/March?
Not going to update the silver thread...
<< <i>Still giving thanks . >>
Hattrick.... I still have a nice fresh PCGS PR70DCAM waiting for you this time next year....price? $1800.
Just like those giving thanks for not buying the UHR at $1189.
<< <i>
<< <i>Still giving thanks . >>
Hattrick.... I still have a nice fresh PCGS PR70DCAM waiting for you this time next year....price? $1800.
Just like those giving thanks for not buying the UHR at $1189.
It was 6 months first. Now it's this time next year.
I think prices may level off and climb some once the go off same and the amateur flippers finish eating their losses on ebay. Who know how long that will take but we have a forum member selling less than 70 raw for $999. Time will be required.
<< <i>The 2015 gold UHR may drop prices on the 2009 UHR, if it is released late in the year mintages may come in lower. >>
Prices on the 2009 UHR weakened over the last 6 months.....poor Gold Kennedy may be relegated to a has been coin ,until some promoter gets a hold and promotes it .. years down the road
<< <i>
<< <i>Still giving thanks . >>
Hattrick.... I still have a nice fresh PCGS PR70DCAM waiting for you this time next year....price? $1800.
Just like those giving thanks for not buying the UHR at $1189.
" I will have to PASS" I would not give you $ 900 for one. This is one coin that will never be in my collection.
MERRY CHRISTMAS TO ALL AND TO ALL A GOOD NIGHT !!!!!!!!
It should be viewed as at least as significant as the Martha Washington coin from the First Spouse series.
It is the first of its kind after all.
The 2015 UHR will not be a classic design, but an entirely new designed walking liberty.
I think the 2009 UHR will hold its own. I will probably pass on the 2015 gold UHR but will buy the silver version. The 2015 gold UHR is estimated to cost $1700. Because of the new design, even if it looks good, I am just not interested.
Box of 20
Get it right
<< <i>It was 6 months after close of sales.....sales haven't closed yet
Get it right >>
From your post 7/8 on Sept 8:
"I just call it idiotic or just plain stupidity.
You have to realize that the ebay market for these is not good right now. Sit back, relax, in 6 months you will be getting $1700-$1800 for the same coin.
But weak hands - are just that - weak hands. You shouldnt be in the game if you cant afford to hold."
<< <i>It was 6 months after close of sales.....sales haven't closed yet
Get it right >>
<< <i>Monday September 08, 2014 10:13 AM 7over8 "I just call it idiotic or just plain stupidity. You have to realize that the ebay market for these is not good right now. Sit back, relax, in 6 months you will be getting $1700-$1800 for the same coin. >>
"
7over8 MsM "got it right" and you are beginning to make excuses.
Isn't 6 months past the date of the post you quoted.
So, I guess I'll rely on someone else to count the months for me
All of you know this, but you choose to ignore it.
<< <i>Sales need to close first before true appreciation can begin
All of you know this, but you choose to ignore it. >>
Nope...just quoting you from September 8. But as it may, unless gold makes another run up to $2k, this coin will never hit $1800. Borrowing from one of your famous quotes from years past..."You can stick a fork in it."
Unlike most forum members who never do