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2015 Coin & Chronicles Set - John F. Kennedy (AX3)

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  • cheezhedcheezhed Posts: 6,003 ✭✭✭✭✭
    300

    My two sets shipped today.
    Many happy BST transactions
  • HalfStrikeHalfStrike Posts: 2,202 ✭✭✭
    Edit, let me clarify. Based on the earlier smaller mintages it will be hard to justify a premium close to those sets. I see where some feel the Kennedy name alone will make these do better but that didn't happen with the gold coins.
  • goldbuffalogoldbuffalo Posts: 649 ✭✭✭


    << <i>Strange that the usmint homepage does not even mention this set. >>



    The Mint needs some work on their web page, it is very hard to find anything.

  • jwittenjwitten Posts: 5,232 ✭✭✭✭✭


    << <i>I am sitting on a ton of these and I couldn't be happier!

    Who else wants out? I am just a PM away. LOL.

    Wondercoin >>



    Are you grading them, or what? I am going to end up with a decent amount, and do not know whether to hold or what. I like opening and seeing what I have, so I don't know if you would still buy them that way from me.
  • wondercoinwondercoin Posts: 16,998 ✭✭✭✭✭
    Jwitten... all options are on the table. I send you a pm later on your specific situation. Wondercoin.
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • renman95renman95 Posts: 7,037 ✭✭✭✭✭


    << <i>

    << <i>I'm already bored. When's LBJ? image >>




    I'm bored even more......

    I almost said when's ...? But I stopped, Comrade. >>



    ...then you can be the Chairman.
    image
  • The mint seems to have worked very hard to make these sets available for collectors. Got my two sets today and the presentation is great with super coins. Delivery time is very fast. The mint did a great job on these sets.
  • pf70collectorpf70collector Posts: 6,741 ✭✭✭
    Sales at 48,462. These will be gone by the weekend or sooner. About 8-9 days for the sellout.

    U.S. Mint Sales Report for AX3
  • CocoinutCocoinut Posts: 2,515 ✭✭✭✭✭
    I ordered just one set on Monday, 9/21 at 2:15 p.m. EST, and was notified today that it had shipped.

    Jim
    Countdown to completion of my Mercury Set: 1 coin. My growing Lincoln Set: Finally completed!
  • OverdateOverdate Posts: 7,157 ✭✭✭✭✭


    << <i>Based on the earlier smaller mintages it will be hard to justify a premium close to those sets. I see where some feel the Kennedy name alone will make these do better but that didn't happen with the gold coins. >>


    There are many hardcore Kennedy fans that are likely to sustain continuing demand for these sets. Many of these fans are not coin collectors and may not yet be aware that these sets exist. Last year's gold Kennedys were/are *much* more expensive and have a 50% higher mintage than the C&C sets.

    I suspect that many non-collector Kennedy fans will want the sets in original packaging, which may be in short supply once thousands of sets have been broken up for grading.

    Compare the number of Kennedy fans with the number of Eisenhower and Truman fans, and it becomes apparent that 50,000 is not an excessive number of sets. As the 2001 Buffalo dollar demonstrated, popularity often trumps mintage.

    By the way, another one-off coin, the 1998-S burnished silver Kennedy half, has a mintage of 62,000 and sells for about $135 raw or 69.

    My Adolph A. Weinman signature :)

  • jmski52jmski52 Posts: 23,241 ✭✭✭✭✭
    Is it just me, or do the medals look about 1000% better than the Reverse Proof Dollars in these sets?image
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • HalfStrikeHalfStrike Posts: 2,202 ✭✭✭


    << <i>

    By the way, another one-off coin, the 1998-S burnished silver Kennedy half, has a mintage of 62,000 and sells for about $135 raw or 69. >>



    The difference of coarse is that is a Kennedy half, and this is a Presidential dollar. Look at how low the prices have fallen for the Presidential dollar error coins that have error "mintages" way below these coins. One big issue is the mint did not start these reverse proofs with the first coin in the series, it is another broken series they have added to create revenues.

    The lack of a sell-out after a week tells me the demand is not as great as some are thinking. Had this coin been released five to ten years ago it would have sold out day one, but we are now years into a mint that is issuing low mintage moderns every year. And this one is not the lowest so it doesn't have that label with it.

    I think anyone who sits on these for a year will be disappointed, but we will see. If they follow the other releases expect prices to drop from here, and not go up. Sorry, just trying to keep it real, have seen this happen too many times now not to say something.

    And don't forget the Hall of Fame coins came crashing down to Earth as well, you can't get a better design. People are still unloading those for a loss, check the completed sales.


  • << <i>Is it just me, or do the medals look about 1000% better than the Reverse Proof Dollars in these sets?image >>



    The medals have always been nicer image




    << <i>One big issue is the mint did not start these reverse proofs with the first coin in the series, it is another broken series they have added to create revenues. >>



    Here me out for a second. Is there anything that states the mint can't go back and make an entire reverse proof series, releasing 5 presidents a year after this current short set stops next year? If this has been such a hit and so profitable for the mint, why not continue by going back to the beginning and creating the entire set? Keep the mintages low to increase demand in the product and they have a winner. If anything they could probably increase the price on this to $69.99 and keep the mintage around 20-25k and all would sell out on day 1. @ 25k mintage and a $69.99 price tag, each issue would gross 1.75m. At 5 a year, it would add a gross 8.75m. Seems like a no brainer to me...
    Gold is for savings. Fiat is for transactions.



    BST Transactions (as the seller): Collectall, GRANDAM, epcjimi1, wondercoin, jmski52, wheathoarder, jay1187, jdsueu, grote15, airplanenut, bigole
  • OverdateOverdate Posts: 7,157 ✭✭✭✭✭


    << <i>Is there anything that states the mint can't go back and make an entire reverse proof series, releasing 5 presidents a year after this current short set stops next year? >>


    The Mint has a rather strict policy of not striking coins with a previous year's date. I don't believe they have done so since the infamous date freeze of the mid-1960s. I think they would need authorizing legislation to restrike the Presidential Dollar series, I don't think such legislation is likely to pass, and I believe the Mint wants to be done with this series next year once and for all.

    My Adolph A. Weinman signature :)

  • pf70collectorpf70collector Posts: 6,741 ✭✭✭
    The Mint has a rather strict policy of not striking coins with a previous year's date. I don't believe they have done so since the infamous date freeze of the mid-1960s. I think they would need authorizing legislation to restrike the Presidential Dollar series, I don't think such legislation is likely to pass, and I believe the Mint wants to be done with this series next year once and for all.

    Look at all those Presidential Dollars in the past they minted just sitting there not in circulation, probably in the $billions. The program was a failure and the mint wants to be done with these.
  • jmski52jmski52 Posts: 23,241 ✭✭✭✭✭
    One big issue is the mint did not start these reverse proofs with the first coin in the series, it is another broken series they have added to create revenues.

    The lack of a sell-out after a week tells me the demand is not as great as some are thinking. Had this coin been released five to ten years ago it would have sold out day one, but we are now years into a mint that is issuing low mintage moderns every year. And this one is not the lowest so it doesn't have that label with it.


    This Mint strategy of proliferating low mintage and/or special exclusive new sets will eventually run out of steam as collector pocketbooks run out of money and low mintages will become less meaningful when there is an abundance of competing low mintage and special issues. The Mint *should* start practicing some discretion, but they probably won't.

    Let the chips fall where they will.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.


  • << <i>Is it just me, or do the medals look about 1000% better than the Reverse Proof Dollars in these sets?image >>



    The medals are beautiful, in my opinion.
    The RP dollars suffer from the same deficiencies that the rest of the POTUS series does, i.e. they're poorly designed and in many cases, just plain ugly.
  • GoldbullyGoldbully Posts: 17,934 ✭✭✭✭✭
    The RP dollars suffer from the same deficiencies that the rest of the POTUS series does, i.e. they're poorly designed and in many cases, just plain ugly.
    Not to mention the gouge marks. Poor quality for most of them. image
  • This content has been removed.
  • Anyone else find anything like this strike thru on any of theirs?
    image
    Looks like a wire going through the letter and up onto the rim. Any thoughts? Kris
    In the time of Chimpanzee's
    I was a Monkey
  • bestdaybestday Posts: 4,242 ✭✭✭✭


    << <i>

    << <i>Is it just me, or do the medals look about 1000% better than the Reverse Proof Dollars in these sets?image >>



    The medals have always been nicer image




    << <i>One big issue is the mint did not start these reverse proofs with the first coin in the series, it is another broken series they have added to create revenues. >>



    Here me out for a second. Is there anything that states the mint can't go back and make an entire reverse proof series, releasing 5 presidents a year after this current short set stops next year? If this has been such a hit and so profitable for the mint, why not continue by going back to the beginning and creating the entire set? Keep the mintages low to increase demand in the product and they have a winner. If anything they could probably increase the price on this to $69.99 and keep the mintage around 20-25k and all would sell out on day 1. @ 25k mintage and a $69.99 price tag, each issue would gross 1.75m. At 5 a year, it would add a gross 8.75m. Seems like a no brainer to me... >>



    little chance
  • HATTRICKHATTRICK Posts: 2,216 ✭✭✭✭✭
    The devil is in the details and the fine print. 1st there is no mintage limit, only a product limit.
    2nd " Found only in this set " is present tense not future tense. It only states now and not never or not in the future.
    Weather or not they decide to release a four coin set at the end of the year, they have clearly and purposely left the door open.image
    " If you push something hard enough, it will fall over. " The 1st Law of Opposition from The Firesign Theater
  • bestdaybestday Posts: 4,242 ✭✭✭✭


    << <i>The devil is in the details and the fine print. 1st there is no mintage limit, only a product limit.
    2nd " Found only in this set " is present tense not future tense. It only states now and not never or not in the future.
    Weather or not they decide to release a four coin set at the end of the year, they have clearly and purposely left the door open.image >>



    Just look a the silver eagle sets and how there is wide difference just from being in that set, vs a regular Silver eagle .. like in 2011 Anniv 2006 Anniv and on

    Relax no need to worry
  • HATTRICKHATTRICK Posts: 2,216 ✭✭✭✭✭
    Of course the sets will always be preferred over the individual coins for a number of reasons.
    Just saying the mint left a path open to the possibility as a lot of people have posted they thought
    "found only in this set" meant the dollar coins would never be available any other way in the future.

    I remember the marketing for the Princess Diana Beanie Baby said " For the first month there will only be 12 per store. "
    Many fixated on the 12 per store and thought that is all there would be not thinking past the first month there would be millions.
    " If you push something hard enough, it will fall over. " The 1st Law of Opposition from The Firesign Theater
  • epcjimi1epcjimi1 Posts: 3,489 ✭✭✭


    << <i>The devil is in the details and the fine print. 1st there is no mintage limit, only a product limit.
    2nd " Found only in this set " is present tense not future tense. It only states now and not never or not in the future.
    Weather or not they decide to release a four coin set at the end of the year, they have clearly and purposely left the door open.image >>



    Reading between the lines, MHO.
  • HATTRICKHATTRICK Posts: 2,216 ✭✭✭✭✭
    Just my analytical side taking over. While numbers are my profession, much easier to read analyze and predict, I
    sometimes like to take apart marketing subtleness.
    " If you push something hard enough, it will fall over. " The 1st Law of Opposition from The Firesign Theater
  • epcjimi1epcjimi1 Posts: 3,489 ✭✭✭


    << <i>Just my analytical side taking over. While numbers are my profession, much easier to read analyze and predict, I
    sometimes like to take apart marketing subtleness. >>



    Whatever.
  • air4mdcair4mdc Posts: 938 ✭✭✭✭✭
    I ordered two sets......................not sure why I keep putting myself through these mint release disappointments. Both of my RVP Kennedys have either a stain in them or rubs/nicks in the obverse fields. The medals appear to be of acceptable in quality. At least the investment was minimal. Might send the medals in for grade.
  • OPAOPA Posts: 17,141 ✭✭✭✭✭
    High Noon 10/27................. 30 days from now.....................LBJ coin & chronicles.., but this time it's only 25k..... image
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • morgansforevermorgansforever Posts: 8,477 ✭✭✭✭✭
    Just received mine today, thought Fedex was delivering them tomorrow, came USPS today??
    Lovely medal imo.

    imageimage
    World coins FSHO Hundreds of successful BST transactions U.S. coins FSHO
  • BackroadJunkieBackroadJunkie Posts: 3,745 ✭✭✭✭✭
    New prelim numbers have been released:

    9/20/2015..2015 KENNEDY COIN & CHRONICLES SET...48,462
    9/27/2015..2015 KENNEDY COIN & CHRONICLES SET...48,203

    Ooops. A step backwards. Closer audit of ineligible orders and cancellations by the second 25K crowd is my guess...

    And in case anyone's keeping track:

    9/27/2015...2015 TRUMAN COIN & CHRONICLES SET......16,812
    9/27/2015...2015 EISENHWR COIN & CHRONICLES SET...16,808

    So far the Ike is winning by 0.024%. Get 'em while they're hot! image

    (I'd put the FDR set here, but there's clearly a problem with their reported number this week.)

    Edit to add: There's some serious problems with the preliminary numbers in general this week. I'll edit the numbers if the mint changes some of the values.
  • FredFFredF Posts: 527 ✭✭✭
    Ok, I bit the bullet and ordered my 2 sets. I am certain that the sets I receive will contain absolutely atrocious coins.

    Question for those who normally do this sort of thing - why the Kennedy so popular and the Roosevelt not as much? Is it simply that the people who adored Roosevelt have largely passed away? If so, why the Truman with such high demand? Roosevelt only had a 20k mintage, right?

    Successful BST (me as buyer) with: Collectorcoins, PipestonePete, JasonRiffeRareCoins

  • LanLordLanLord Posts: 11,723 ✭✭✭✭✭


    << <i>Ok, I bit the bullet and ordered my 2 sets. I am certain that the sets I receive will contain absolutely atrocious coins.

    Question for those who normally do this sort of thing - why the Kennedy so popular and the Roosevelt not as much? Is it simply that the people who adored Roosevelt have largely passed away? If so, why the Truman with such high demand? Roosevelt only had a 20k mintage, right? >>

    The Roosevelt set was just a plain PROOF, the Truman, Ike and Kennedy sets have the reverse PROOF coin. Big difference there. The medals in the Roosevelt set are nice though.
  • the reverse proofs
  • HalfStrikeHalfStrike Posts: 2,202 ✭✭✭
    Still no sellout, 50,000 was too much.
  • epcjimi1epcjimi1 Posts: 3,489 ✭✭✭


    << <i>

    << <i>Ok, I bit the bullet and ordered my 2 sets. I am certain that the sets I receive will contain absolutely atrocious coins.

    Question for those who normally do this sort of thing - why the Kennedy so popular and the Roosevelt not as much? Is it simply that the people who adored Roosevelt have largely passed away? If so, why the Truman with such high demand? Roosevelt only had a 20k mintage, right? >>

    The Roosevelt set was just a plain PROOF, the Truman, Ike and Kennedy sets have the reverse PROOF coin. Big difference there. The medals in the Roosevelt set are nice though. >>



    LL - OFR is pining for your presence.

    Text
  • TopographicOceansTopographicOceans Posts: 6,535 ✭✭✭✭
    Even the nice people not smart enough to buy them from the Mint aren't buying them on eBay.
  • MaineJimMaineJim Posts: 762 ✭✭✭✭✭
    Hey my order arrived today and my wife called to let me know. When I got home from work there the box was on the kitchen table. As we sat and ate dinner I noted that the box appeared a bit odd. A bit later she said nonchalantly "oh I thought those were my contacts so I opened the box a little bit, everything looked ok inside so I just closed it back up.image Ok I said...

    Jim


  • << <i>Hey my order arrived today and my wife called to let me know. When I got home from work there the box was on the kitchen table. As we sat and ate dinner I noted that the box appeared a bit odd. A bit later she said nonchalantly "oh I thought those were my contacts so I opened the box a little bit, everything looked ok inside so I just closed it back up.image Ok I said...

    Jim >>


    ( that was nice .. She closed it back up) OUCH....

    My order also arrived today.
    Im thinking of opening them.

  • Type2Type2 Posts: 13,985 ✭✭✭✭✭


    << <i>

    << <i>Hey my order arrived today and my wife called to let me know. When I got home from work there the box was on the kitchen table. As we sat and ate dinner I noted that the box appeared a bit odd. A bit later she said nonchalantly "oh I thought those were my contacts so I opened the box a little bit, everything looked ok inside so I just closed it back up.image Ok I said...

    Jim >>


    ( that was nice .. She closed it back up) OUCH....

    My order also arrived today.
    Im thinking of opening them. >>

    But Now you can say I never opened the box.


    Hoard the keys.
  • OverdateOverdate Posts: 7,157 ✭✭✭✭✭
    Sealed sets don't seem to be bringing much of a premium over opened sets.

    My Adolph A. Weinman signature :)

  • LanLordLanLord Posts: 11,723 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>Ok, I bit the bullet and ordered my 2 sets. I am certain that the sets I receive will contain absolutely atrocious coins.

    Question for those who normally do this sort of thing - why the Kennedy so popular and the Roosevelt not as much? Is it simply that the people who adored Roosevelt have largely passed away? If so, why the Truman with such high demand? Roosevelt only had a 20k mintage, right? >>

    The Roosevelt set was just a plain PROOF, the Truman, Ike and Kennedy sets have the reverse PROOF coin. Big difference there. The medals in the Roosevelt set are nice though. >>



    LL - OFR is pining for your presence.

    Text >>



    The OFR is the most wretched hive of scum and villainy ever

    image
  • HATTRICKHATTRICK Posts: 2,216 ✭✭✭✭✭
    It looks like 3 PCGS 70 sets of the Kennedys sold for $ 1,750 each best offer on Ebay.
    " If you push something hard enough, it will fall over. " The 1st Law of Opposition from The Firesign Theater
  • wondercoinwondercoin Posts: 16,998 ✭✭✭✭✭
    Hattrick: Maybe you can explain this to me...

    Last week, the first coins got graded and started showing up on ebay. One seller was selling those (3) 70 grade sets obviously. The pop at the beginning of this week started off at 40 MS69's and 0 70's. Since, one early seller sold (24) MS69 sets in a single ad, I can guess who got the 40 MS69's and 0 70's.

    But, as of today, the Coinfacts pop now shows 78 MS69 and 2 MS70??

    So, how were there (3) 70's selling on ebay last week??

    Are reported pops now taking a week or longer to hit Coinfacts and, if so, are the reported -2- 70's now really -5- 70's since those -3- coins do not appear to be showing up yet??

    Thoughts?

    Wondercoin
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • pitbosspitboss Posts: 8,643 ✭✭✭
    Sounds like you may have a winner Mitch.
  • HATTRICKHATTRICK Posts: 2,216 ✭✭✭✭✭


    << <i>Hattrick: Maybe you can explain this to me...

    Last week, the first coins got graded and started showing up on ebay. One seller was selling those (3) 70 grade sets obviously. The pop at the beginning of this week started off at 40 MS69's and 0 70's. Since, one early seller sold (24) MS69 sets in a single ad, I can guess who got the 40 MS69's and 0 70's.

    But, as of today, the Coinfacts pop now shows 78 MS69 and 2 MS70??

    So, how were there (3) 70's selling on ebay last week??

    Are reported pops now taking a week or longer to hit Coinfacts and, if so, are the reported -2- 70's now really -5- 70's since those -3- coins do not appear to be showing up yet??

    Thoughts?

    Wondercoin >>



    HOW COULD THIS BE ? LET ME COUNT THE WAYS.

    As a Controller for a company that ships and receives thousands of packages a week by all carriers I see it all.

    1. The PCGS updates are likely in batches and possibly 2 of the 70's in one batch were updated and the other was in a different batch that was not updated yet for whatever reason.
    I see it all the time. Posting and updating missing, delayed, seperated or whatever.
    2. The seller actually only has 2 and is wishing for a third.
    3. The seller actually has none yet and someone else has the first two.
    4. Like the HR Gold special labels that took awhile to show up in the pop reports. ( Do not remember if this was a special label.)

    Too many possibilities to take early pops as well as first sales as gospel.

    Case in point for missing cutoffs and updates: Two identical packages shipped FEDEX at same time. Both leave same depot on same truck at same time.
    Both arrive at next depot at same time. Packages were in seperate containers on same truck. One container gets sorted and moves out that night.
    The other container did not get sorted by the end of the shift and it is left for the next night. Now one of the packages is a day behind the other.

    Keep in mind that at times things just don't happen in the order they are supposed to at the time they are supposed to.
    Sometimes you have to push it a little harder to make it fall over.

    EDITED TO ADD: Things change daily if not sooner. Today pop shows (4 )70's (86) 69's
    " If you push something hard enough, it will fall over. " The 1st Law of Opposition from The Firesign Theater
  • wondercoinwondercoin Posts: 16,998 ✭✭✭✭✭
    Thanks Hattrick.

    Pop 2 jumping to pop 4 .... still does not explain (3) early 70 coins being offered last week.

    Thanks for the analysis!

    Wondercoin
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • hammer1hammer1 Posts: 3,874 ✭✭✭✭✭


    << <i>[

    Foolish to return. These will sell out quickly and all will be first strike eligable.
    Also HSN will blow thru their first batch quickly and go on a buying spree. It will be easy to double your money or more on these >>



    Hattrick remind me to do the opposite of what you say. Bad call.
  • wondercoinwondercoin Posts: 16,998 ✭✭✭✭✭
    Hammer1: In all fairness to Hattrick... I am still paying $140 today for a box of (2) sets from board members ($135 on my site). So, the mint cost was $121 and add the cost of shipping it out to me or anyone else you might sell it to at $140. So, it is a $10/box net return on a $121 outlay in a month. That is 8% return for the month (96% annualized return if my math is right), not to mention the 115 hotel or flight miles by using your credit card to buy the sets. I only wish my worst buys were this good. image
    Wondercoin
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • HATTRICKHATTRICK Posts: 2,216 ✭✭✭✭✭
    Correct Wondercoin. Also all sets sold should have been shipped and first strike elegible.
    sellout did not occurr because of all the week hands and first time flippers bailing out and returning or cancelling orders.
    Sometimes "stuff" happens. Still money to be made as opposed to returning or cancelling. Thoes willing to take a position
    will do ok and there is still the posibility of market gains when the sellout eventually comes. People who invested in 70's slabbed
    Trumans and Ikes will be looking for a Kennedy to go with it and if they are scarce that will drive the market.
    " If you push something hard enough, it will fall over. " The 1st Law of Opposition from The Firesign Theater

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