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

BackroadJunkie · July 30, 2015 8:57AM

It's only 2 1/2 months until this is released. It's not too early, is it?

Yesterday, the mint released details about the third Coin & Chronicles set.

Placeholder page on the Mint site:

2015 Coin & Chronicles Set - John F. Kennedy

The set will contain:
A reverse proof 2015 JFK Brassbuck which will only be available in this set.
A reproduction of the 1961 JFK Presidential Medal struck on a 1ozt ASE blank, no mint mark.
A 5 cent 1964 JFK postage stamp. Another stamp. I mean seriously, what's with the stamps? I'd rather have the reworked JFK medal in bronze...

They've doubled the mintage from 25K to 50K, while keeping the 2 set household limit. My guess is they'll double the Johnson, too, making the Truman and Eisenhower the 17K RP keys.

$57.95, on sale September 15, 2015 at noon.

I will chuckle if the set doesn't sell out with the increased mintage, making it the cellmate to the Gold Kennedy's. (It'll probably sell out...)

OperationButter · July 30, 2015 9:32AM

Its never too early.

These will sell out and still carry a nice premium due to the fact its Kennedy.

It will be very interesting to see how they finish out this mini series of RP coins. 17k will be the low, no question about that. How the premiums react for each coin in the secondary mkt will be fun to watch!

tincup · July 30, 2015 10:44AM

Yep... looks like the Truman and Ikes are going to be the keys.

tincup · July 30, 2015 10:45AM

But glad to hear they put in the 'available only in this set'.

BigA · July 30, 2015 9:20PM

<< It's only 2 1/2 months until this is released. It's not too early, is it? >>

Not too early...actually only 6 weeks

BackroadJunkie · July 30, 2015 10:36PM

<< 

<< It's only 2 1/2 months until this is released. It's not too early, is it? >>

Not too early...actually only 6 weeks >>

You're right. Only 1 1/2 months.

Obviously, I'm in denial that mid-September is only 6 weeks away...

sanitarium1inmate · July 30, 2015 11:29PM

Well we saw how fast the 50,000 UHR coins went black in about 2-3 hours. The same could happen with the Kennedy c&c sets. I'm still going to get atleast one for my set. Kris

BillJones · July 30, 2015 11:38PM

And it has another reverse Proof dollar.

I know these things are the darings for the flippers, but I saw the Truman coin at the Summer FUN show, and it was not very attractive.

You buy all of this stuff for your collection, and it just keeps wearing down your coin budget. After a while you don't have any money left for "real coins" and even other collectables like the Truman and Kennedy political campaign buttons. These pieces were around and in use when both of these historical figures were alive and building their careers. The Truman buttons are tough and can be expensive. The Kenndy pieces are not as bad. Here is my small collection of 1960 JFK buttons.

sanitarium1inmate · July 30, 2015 11:49PM

I completely agree with you Bill. I have spent thousands on buying baseball and football cards in the sealed boxes hoping to find those very special collectible ones and never find the right ones. Lots of money tossed down the toilet. I find the details on our coinage to very interesting and I love finding new errors in the process. Kris

ebizgobro · July 31, 2015 8:50PM

Sale date for the JFK Chronicles set is now 9/16/2015 (a day later than previously announced).

JFK Sale date is 9/16/2015

BackroadJunkie · August 31, 2015 3:57PM

Details finally posted:

Coin and Chronicles Set 2015 - John F. Kennedy
(Somebody at the mint must be dyslexic. Even the packaging says 2015 Coin and Chronicles Set / John F. Kennedy. They did the same for the 2015 $1 C&C set...)

Item Number: AX3
Mintage Limit: None
Product Limit: 50,000
Household Order Limit: 2

This product will be available for sale on September 16, 2015, at 12 noon (ET). (NOT Sept 15 as the original press release stated.)

Limit 2... Grrrr.... I'll take a WAG that it takes 2 days to sell out...

(Edited to add date change.)

Rampage · August 31, 2015 8:04PM

<< Details finally posted:

Coin and Chronicles Set 2015 - John F. Kennedy
(Somebody at the mint must be dyslexic. Even the packaging says 2015 Coin and Chronicles Set / John F. Kennedy. They did the same for the 2015 $1 C&C set...)

Item Number: AX3
Mintage Limit: None
Product Limit: 50,000
Household Order Limit: 2

This product will be available for sale on September 16, 2015, at 12 noon (ET). (NOT Sept 15 as the original press release stated.)

Limit 2... Grrrr.... I'll take a WAG that it takes 2 days to sell out...

(Edited to add date change.) >>

But, the mintage limit is now set at 50,000. So, I do not expect it to be a huge deal like the previous two sets.

BigA · August 31, 2015 9:15PM

Remember the Mint website was a mess with the 90,000 limit Coin & Currency....I'm sure it will perform flawlessly this time

OperationButter · September 1, 2015 12:48AM

<< But, the mintage limit is now set at 50,000. So, I do not expect it to be a huge deal like the previous two sets. >>

I think the medal will be the winner out of this set (or all the sets actually). I think we will see a 24hr sellout.

Goldbully · September 1, 2015 1:05AM

<< Details finally posted:

Coin and Chronicles Set 2015 - John F. Kennedy
(Somebody at the mint must be dyslexic. Even the packaging says 2015 Coin and Chronicles Set / John F. Kennedy. They did the same for the 2015 $1 C&C set...)

Item Number: AX3
Mintage Limit: None
Product Limit: 50,000
Household Order Limit: 2

This product will be available for sale on September 16, 2015, at 12 noon (ET). (NOT Sept 15 as the original press release stated.)

Limit 2... Grrrr.... I'll take a WAG that it takes 2 days to sell out...

(Edited to add date change.) >>

BAJJERFAN · September 1, 2015 3:25AM

What will be a good flipping price for these?

OperationButter · September 1, 2015 3:28AM

Just my guess, Im thinking double mint issue price delivered would be top prices paid.

oih82w8 · September 1, 2015 3:39AM

Mintage Limit: None
Production Limit: 50,000

What is the difference?

BAJJERFAN · September 1, 2015 4:25AM

<< Mintage Limit: None
Production Limit: 50,000

What is the difference?

>>

They can use the same coins in different sets if they choose to. They can mint 100,00 coins, but there will be just 50,000 sets.

Bullsitter · September 1, 2015 4:36AM

The Kennedy silver medal is ugggggggly.

Raufus · September 9, 2015 9:29AM

MCM offering substantially less of a premium on these than with Ike. Clearly they don't see nearly the premium as with Ike or Truman - nor do I.

I'm still in though to keep the collection going.

I'm sure that these will be flippable but not for the huge premiums that we saw with Ike.

Just my 0.02 of course.

3stars · September 9, 2015 10:35AM

So far the high pre-sale is $90. Still a 50% return is nothing to sneeze at.

OperationButter · September 9, 2015 12:07PM

My guess is that these will top out around $120 a set. Im tempted to presale some sets...

VanHalen · September 9, 2015 12:07PM

<< So far the high pre-sale is $90. Still a 50% return is nothing to sneeze at. >>

A 50% return on $58 x 2 per household = $58 gross. Pay fees/expenses and you're at ~$40. Not a lot for the flipper at heart.

OPA · September 9, 2015 12:09PM

<< So far the high pre-sale is $90. Still a 50% return is nothing to sneeze at. >>

Not sure what you're looking at, but it appears that they are selling for $145+

ebay sold listings

wondercoin · September 9, 2015 12:15PM

And, to be 100% accurate, I am continuing to try to beat the top buy prices (as I have done with Truman and Ike) so, no one should state a top buy price unless they also check with me over on my BST posting.

Wondercoin.

bestday · September 9, 2015 1:01PM

<< My guess is that these will top out around $120 a set. Im tempted to presale some sets... >>

The Kennedy name still has some cache not the biggie price like Ike

bestday · September 9, 2015 1:03PM

<< 

<< So far the high pre-sale is $90. Still a 50% return is nothing to sneeze at. >>

A 50% return on $58 x 2 per household = $58 gross. Pay fees/expenses and you're at ~$40. Not a lot for the flipper at heart.

>>

A couple of beers and pizza profit ,for the start of the NFL season ,...who can refuse ?

VanHalen · September 9, 2015 1:54PM

<< 

<< 

<< So far the high pre-sale is $90. Still a 50% return is nothing to sneeze at. >>

A 50% return on $58 x 2 per household = $58 gross. Pay fees/expenses and you're at ~$40. Not a lot for the flipper at heart.

>>

A couple of beers and pizza profit ,for the start of the NFL season ,...who can refuse ? >>

Yeah and OPA's link has much higher prices. Almost enough for a couple of tickets.

I thought $90 was about right for these. $150 for a 50,000pc unreleased set available at $58? That's surprising. Ike and Truman at 17k were understandable.

OperationButter · September 9, 2015 2:10PM

<< I thought $90 was about right for these. $150 for a 50,000pc unreleased set available at $58? That's surprising. Ike and Truman at 17k were understandable. >>

50k mintage going for the same price as the 17k mintage (sealed box vs sealed box). That is surprising. Very.

3stars · September 9, 2015 2:27PM

If the last two taught us anything is presell leaves money on the table.

7over8 · September 9, 2015 9:08PM

The interesting thing is that even though the Eisenhower sets were tougher to obtain and the limit was 2
They are not performing as well as the Trumans at the same mintage level.
Seems like the market in these is getting thinner and thinner, remember it's all about demand

jmski52 · September 9, 2015 9:22PM

Seems like the market in these is getting thinner and thinner, remember it's all about demand

One would think that demand for a 17,000 special issue in an inexpensive (i.e. somewhat collectible) Modern series would be good in the long term.

Don't worry - the Mint can find more ways to screw things up than you or I can ever imagine.

What immediately comes to mind is this new approach of starting a series in mid-stream, like starting a series of circulation grade "S" quarters in the middle of the series, and starting a run of Reverse Proof Pres Dollars in the middle of the series.

It's almost as if they have zero planning capability and decide to jump on every bandwagon that shows any chance of milking collectors just "one more time" instead of a well-planned and well-promoted campaign.

Typical Mint behavior these days.

HATTRICK · September 9, 2015 11:16PM

<< Seems like the market in these is getting thinner and thinner, remember it's all about demand

One would think that demand for a 17,000 special issue in an inexpensive (i.e. somewhat collectible) Modern series would be good in the long term.

Don't worry - the Mint can find more ways to screw things up than you or I can ever imagine.

What immediately comes to mind is this new approach of starting a series in mid-stream, like starting a series of circulation grade "S" quarters in the middle of the series, and starting a run of Reverse Proof Pres Dollars in the middle of the series.

It's almost as if they have zero planning capability and decide to jump on every bandwagon that shows any chance of milking collectors just "one more time" instead of a well-planned and well-promoted campaign.

Typical Mint behavior these days. >>

bestday · September 10, 2015 1:22AM

<< The interesting thing is that even though the Eisenhower sets were tougher to obtain and the limit was 2
They are not performing as well as the Trumans at the same mintage level.
Seems like the market in these is getting thinner and thinner, remember it's all about demand >>

Some people got turned of by the mad scrum to buy from the Mint, only to see sellers with 50 sets offering / sold on ebay and others big sellers .. ....much like the 2014 Gold Kennedy greedy rush
The Mint apologized for the snafu... But the buyers I know stayed from buying after Ike release

bestday · September 10, 2015 1:25AM

<< Its never too early.

These will sell out and still carry a nice premium due to the fact its Kennedy.

It will be very interesting to see how they finish out this mini series of RP coins. 17k will be the low, no question about that. How the premiums react for each coin in the secondary mkt will be fun to watch! >>

After the money killing made some of the big buyers of the Ike set ,look for some to get even more greedy in buying the Kennedy set causing a sellout quickly

agentjim007 · September 10, 2015 6:18AM

Don't presell your Kennedy sets. At the ANA I saw about 50 (probably more) uncirculated baseball $5's at one table. I asked him if he had any proofs. He said no, he said they made twice as many proofs and the proofs are 4x more popular. I don't care that they're making 3X the Kennedy over previous. Kennedy is 10X more popular. These won't last a day, maybe not an hour.

Raufus · September 10, 2015 11:34AM

<< So far the high pre-sale is $90. Still a 50% return is nothing to sneeze at. >>

I put very little stock in these presales.

As we've seen if the prices once in hand are lower - very likely in this case I think - the buyers will just back out.

bestday · September 10, 2015 12:21PM

<< 

<< So far the high pre-sale is $90. Still a 50% return is nothing to sneeze at. >>

I put very little stock in these presales.

As we've seen if the prices once in hand are lower - very likely in this case I think - the buyers will just back out. >>

A buyer on BST listing a buy price above Mint price .. Will he back out ? I don't think so

wondercoin · September 10, 2015 12:23PM

I was offered more than 3,000 total Kennedy sets today alone!! I did not agree to buy a single set because of my concern that the "dumping" will be monumental. I may buy some next week, but remember most of us got Killed buying the Ike sets. The grade through rate was probably closer to 2% on the dollars backing out the screened non-submitted coins. It is silly to suggest that those selling the Ike sets early did poorly. I wish I hadn't bought 80% of the sets I agreed to purchase early and promptly paid for. If these Kennedy dollars are worth the same (in the end) as the 2014 enhanced Sac dollar with its same 50,000 mintage, you are talking about a $35 coin and a $70 set! I certainly hope the Kennedy RP holds a higher value than $35 or $40/coin after the hype ends, but, an argument can be made that the coin is not all that more exciting than last years' best in it's class 2014 Enhanced Sac.

As always, just my two cents.

Wondercoin

bestday · September 10, 2015 2:34PM

<< I was offered more than 3,000 total Kennedy sets today alone!! I did not agree to buy a single set because of my concern that the "dumping" will be monumental. I may buy some next week, but remember most of us got Killed buying the Ike sets. The grade through rate was probably closer to 2% on the dollars backing out the screened non-submitted coins. It is silly to suggest that those selling the Ike sets early did poorly. I wish I hadn't bought 80% of the sets I agreed to purchase early and promptly paid for. If these Kennedy dollars are worth the same (in the end) as the 2014 enhanced Sac dollar with its same 50,000 mintage, you are talking about a $35 coin and a $70 set! I certainly hope the Kennedy RP holds a higher value than $35 or $40/coin after the hype ends, but, an argument can be made that the coin is not all that more exciting than last years' best in it's class 2014 Enhanced Sac.

As always, just my two cents.

Wondercoin >>

Yes indeed wondercoin ..some big buyers will again be circumventing The US Mint's limit 2 per address order .. they are out this time to make the big kill on The Kennedy's set ..as I wrote ,higher up this thread ..Coin club got some sell offers for large amounts ...offered by some new sellers never heard of before
The set will have legs for couple of months maybe a 2x cost move .. still a nice profit... hey ....Wondercoin post your best buy price and see what happens.
Don't sell early ?? best to sell 1=2 weeks after coming out

wondercoin · September 10, 2015 3:51PM

Thank you Bestday.

The concept of "we will match or beat anyone's advertised price or your mattress is free" is a sound way to do business I believe, as is posting a concrete buy price. One is no more "nobel" than the other with all due respect.

On the last deal (Ike), when bids hit upwards of $200/set sealed (and slightly higher), I knew, deep down, that level would likely result in losses on the project. But, wherever I could, I tried to match the (high) price. The losses came - pretty big ones at that- heck, it's only money.

Losses came on many of the MOD sets I bought here as well earlier in the year. On any given deal, I might "score" as well. But, relationships are also built in the process - hopefully long lasting ones.

I generally compete nicely against the current top bids out there. I also offer grading deals that can be "win-win" for both sides. Just today, I got in 178 Ike sets under a grading arrangement. The -356- coins were screened by us in a few hours to PCGS' standard for these coins leaving a number of options for the less than perfect coins.

There are many ways (not just finding the buyer at $1 or $2 a set higher than the next guy) to maximize ones recovery on Mint product.

Wondercoin.

Raufus · September 10, 2015 9:11PM

<< 

<< 

<< So far the high pre-sale is $90. Still a 50% return is nothing to sneeze at. >>

I put very little stock in these presales.

As we've seen if the prices once in hand are lower - very likely in this case I think - the buyers will just back out. >>

A buyer on BST listing a buy price above Mint price .. Will he back out ? I don't think so >>

I'm talking about Feebay pre-sales.

agentjim007 · September 10, 2015 9:46PM

Good points made however the same pattern occurs every time. Offers made when the confirmation numbers are in hand have always been higher than these pre offers. Maybe not $200 but the same pattern none the less ( I saw no pre offers for the last $15 set, offer for $20 came right around when orders were confirmed). I would never presell until I have the confirmation number. Use your own judgement if $90 is top jump on it. If I thought $90 was tops for these sets I wouldn't put myself through the hell which will occur 9/16 at 12:00ET. Not worth $60 (subtract shipping out from that).

OperationButter · September 11, 2015 6:08AM

<< I was offered more than 3,000 total Kennedy sets today alone!! >>

Whoa, thats a lot of sets Mitch! 6% of the total mintage in a presale!

How in the world does someone coordinate 1500 separate orders to 1500 unique shipping addresses to then bundle it all up and try to sell at bulk to you? That is an amazing feat, I could barely coordinate 5 different orders and not get anyone to open up the packages etc. I'd be curious to know how he even paid and coordinated the pickup of all the boxes with everyone. That is one ton of work, hats of to that guy for working out the logistics on that big of an operation. Really puts perspective on how small my orders are in the grand scheme of it all.

agentjim007 · September 11, 2015 6:36AM

Not only coordinate 1500 orders but to be so assured they will get them all confirmed to presell that many.

bestday · September 11, 2015 8:19AM

<< 

<< I was offered more than 3,000 total Kennedy sets today alone!! >>

Whoa, thats a lot of sets Mitch! 6% of the total mintage in a presale!

How in the world does someone coordinate 1500 separate orders to 1500 unique shipping addresses to then bundle it all up and try to sell at bulk to you? That is an amazing feat, I could barely coordinate 5 different orders and not get anyone to open up the packages etc. I'd be curious to know how he even paid and coordinated the pickup of all the boxes with everyone. That is one ton of work, hats of to that guy for working out the logistics on that big of an operation. Really puts perspective on how small my orders are in the grand scheme of it all. >>

Computers .. same address.. dummy addresses funneled into 1

jmski52 · September 11, 2015 12:51PM

the same pattern occurs every time. Offers made when the confirmation numbers are in hand have always been higher than these pre offers. Maybe not $200 but the same pattern none the less

I tend to agree about the pattern. As 7over8 points out, the demand is what matters most but if demand for the Kennedy at a mintage of 50,000 is strong, it should also boost the Truman and Eisenhower sets (with mintages of only 17,000).

Unless the Mint has another mind-numbing mental hiccup and produces an even lower mintage of some Prezbuck variation, the 17,000 number will always represent the Keys to the series.

The thing I like about both the Sac Dollar and Prezbucks is the fact that they are both inexpensive and nice sets can still be formed. My observation is that lots of coins are just sitting around, but that doesn't mean they'll ever be accessible. I have several rolls in my car that I intend to spend, but never get around to spending. Eventually those coins simply disappear into the mist and the ones that remain are the ones in long-term collections.

OperationButter · September 11, 2015 1:22PM

<< 

<< 

<< I was offered more than 3,000 total Kennedy sets today alone!! >>

Whoa, thats a lot of sets Mitch! 6% of the total mintage in a presale!

How in the world does someone coordinate 1500 separate orders to 1500 unique shipping addresses to then bundle it all up and try to sell at bulk to you? That is an amazing feat, I could barely coordinate 5 different orders and not get anyone to open up the packages etc. I'd be curious to know how he even paid and coordinated the pickup of all the boxes with everyone. That is one ton of work, hats of to that guy for working out the logistics on that big of an operation. Really puts perspective on how small my orders are in the grand scheme of it all. >>

Computers .. same address.. dummy addresses funneled into 1 >>

Blowing my mind, how do you have a lots of dummy addresses funneled into one? I could see mail being forwarded, but how does anyone do it with more than 1 or 2 addresses? This would be crazy cool (and somewhat sad) if this does in fact happen on this scale.

wondercoin · September 11, 2015 1:45PM

OperationButter - I can not be 100% certain, but I got the impression that it was simply one person (let's call him the "General" and the person that called me) in charge (formally or informally) of a number of "Colonels" each of which capable of getting perhaps 200+ sets each. Hence, a major operation centered around US Mint product. Fortunately or unfortunately, I can not use this kind of quantity myself. I may have been personally interested in a "four figure" position of Truman or Ike at the right price, but not Kennedy. That said, this is obviously an attractive position to a major telemarketer and I am sure this outfit will do just fine with the coins.

Wondercoin

OperationButter · September 11, 2015 1:50PM

Wow, how interesting. Thanks for the additional info!

3k is a lot of coins and would lead to a huge position in the series. (@$90 a set, thats $270k!)

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

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

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