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What are the gold Kennedy half dollars going for these days?

PerryHallPerryHall Posts: 46,137 ✭✭✭✭✭
in Precious Metals
Someone at my coin club meeting last night had a gold Kennedy (0.75 ozt) in the original mint packaging that he was trying to unload. Are these now basically bullion coins or do they carry a premium? I'm tempted to make him an offer but I don't want to insult him with what may be considered a low-ball.

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Comments

  • guitarwesguitarwes Posts: 9,266 ✭✭✭
    Hadn't checked ebay but someone had one on the BST for a couple dollars over a grand. At least $100 less than recent Mint issue prices.
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  • PerryHallPerryHall Posts: 46,137 ✭✭✭✭✭


    << <i>Hadn't checked ebay but someone had one on the BST for a couple dollars over a grand. At least $100 less than recent Mint issue prices. >>



    Sounds like there is a noticeable premium over melt. I wonder if this premium over melt will be sustained a few years down the road.image

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • rickoricko Posts: 98,724 ✭✭✭✭✭
    How fast the fire fades..... Cheers, RickO
  • MsMorrisineMsMorrisine Posts: 33,088 ✭✭✭✭✭
    The mint -still- sells them. Current price @ $1165

    They go for over melt on ebay

    I see some from 1050 to 1150



    They sold over 70,000 and most went to non-flippers.

    I would say these were never hot on ebay. So there was never a fire to fade. However they were hot enough for the mint to sell 70,000+. On top of that, they still bring more than melt on ebay.

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  • PerryHallPerryHall Posts: 46,137 ✭✭✭✭✭
    Thanks for all the responses. I just phoned him and the best he could do was $1050 which isn't exactly a rip but it seemed fair enough so I bought it.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • OPAOPA Posts: 17,121 ✭✭✭✭✭


    << <i>The mint -still- sells them. Current price @ $1165

    They go for over melt on ebay

    I see some from 1050 to 1150



    They sold over 70,000 and most went to non-flippers.

    I would say these were never hot on ebay. So there was never a fire to fade. However they were hot enough for the mint to sell 70,000+. On top of that, they still bring more than melt on ebay. >>



    With a max mintage of 75k and selling @ of less than 100 per week.....it'll be a while before they are "sold out." Total sales so far (percoinupdate)...72,162.
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  • jmski52jmski52 Posts: 22,853 ✭✭✭✭✭
    $1,050 is probably as fair as it gets for both parties for a non-70 coin.
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