The Kennedy Set- the next generation "Ike" set?

braddick

When Ikes in super high grade, (MS66+) began to climb in price it caught many collectors by surprise. Now, it is common knowledge these are tough to find, even tougher to 'make'! A pricetag of $3,500.00+ for a PCGS MS67 Clad is now considered the norm. Even the more common 71-D in PCGS MS66 is over $100.00 and that appears to be the low end of the pricing.
Will this happen with the Kennedy Registry? When the Kennedy prices began to climb and some coins had gains of 100% to 200% within four months, it caught many collectors by surprise.

Is the Kennedy set in for a series of price jumps that will put it in the same class as the Ikes?

Will the day of $1,000.00 low pop PCGS MS67 Kennedies become common place?

dbldie55

The biggest difference I see is number of coins to complete the set. There are so many more Kennedy's than Ikes, this may have an effect on the number of people considering spending a lot of money on the coins.

Only thing I know for sure is I will not be helping any price increases (or pop increases either)

keithdagen

I'm rooting for it, Pat. I really like the 76-P that I have in 67.

HuliganRS

Hold The Prices...

I'm not even 1/2 done!!!

Rusty.

supercoin

A massive influx of new registry set collectors will drive prices of both Kennedys and Ikes up, however due to ongoing confusion about the complex "weighted" rating system, the much larger and heavier Ikes will continue to be priced higher.


Actually, some of the recent Kennedy prices posted here appear to have already surpassed many Ike dates/grades as far as dollars/difficulty. Haven't really researched it to see if that conclusion is valid, but some of those prices have shocked me. I suppsoe a lot of it is probably highest-graded premium.

DHeath

In an effort to do my part and take one for the team, I have begun collecting MS Kennedies, thereby assuring a decline in prices directly proportionate to my percentage of completion.

Monstavet

Braddick, good thread, it really cuts to the heart of the issue here for me...are Kennedys going to skyrocket and stay there the way Ikes have? My gut feeling is that for the most part, no, they won't. Now, I think there will eventually be some new "key dates" established....which dates is not clear to me, yet. But I think that we are going to see some significant increases in MS66 and MS67 pops for many dates that are currently considered the most difficult - the 98P is a great example. Two months ago, it seemed like on of the most difficult coins. But its pop has increased a lot since then as more interest has been generated in the date. It is still not an easy date by any means, but you see what I mean. I think that over the next 12 months, we will get a better idea of which dates really are tough, and which just seem tough right now, but really just suffer from a low number of coins thus far examined/submitted. So, certain dates will probably end up in the 750-1000 range on a regular basis, but I think most others will be much more achievable...just as with Ikes...an MS67 is very easy to get for certain dates, even with this hot market. The key is to try and figure out which dates are really going to be a challenge...and I don't think the best way to guess is off of the population reports as they stand right now. Just my opinion, but the 82 P&D and 83 P&D I think will always be difficult to get in the highest grades...these have not been going for $700 lately that I have seen...but I haven't seen many of them sold either.

One other point I am wondering about is the mechanics of striking Ike dollars versus Kennedy halves...are there inherent differences based on the size of the coin, the designs, the composition of the planchets, the technique used in the 70s versus say the 90s, etc. Could these factors ultimately be the deciding factor here? Perhaps it simply comes down to the physics or envrionmental/mechanical issues that mean Ike dollars are much less liekly to be made in MS67 than Kennedy halves....I don't know this, but there could be something to that line of thought....

Sorry for the ramble!

fantasiize

I'll be brief ... no ... too large a set to collect, smaller size coin (planchets probably had less imperfections, smaller dies, less weight on coins hitting each other in the presses and bags, which probably means that the quality is probably inherently better). Certainly there will be "sympathy appreciation" (just cause the Ikes did it, the Kennedies may do it) but I do not see sustained prices over $600 for choice MS66 pieces like the 73p & 74p Ikes nor do I think you will get sustained prices over $2,500 for rare MS66 pieces like the 71p and 72p in MS66.

Bcsican

I wish I had the answer my biggest concern years ago was total coins graded as to pop total coins graded MS 66 or better, after 16 years of PCGS the Kennedy series total coins grade in MS 60-70 is less than 8000 coins I did a quick count so this needs to be fined tuned. But I think Im high on the numbers, the problem is coins will still be found in high grade not a lot but they are out there, and the series seems to have no end this will detract from many finishing the set.

It is possible to get close to the Ikes, some of the years are close now, but it takes players willing to part with cash to say it is worth that price to find the coins and pay the price when they do, and I think the kennedy series lacks the major players that the Ike series has at this point, and many still find it hard to say a Kennedy is worth more than 900.00 on any given day.

Not many are over that point consistantly and most arent even close,

The highest price i`ve seen on a MS not proofs, Kennedy has been an asking price of 1500.00, next 1250.00, after that 1100.00, but not many fall into this catagory, even an expensive coin in this series is in the 600-800 range, with few buyers at those prices.

I still feel we wont know for some time to see the prices rise or fall, but it seems unlikely that the Kennedy series will rival the Ikes even in the comming years, I still think the prices will fall, and I still buy them anyway...

cladking

Ikes are many times more difficult to find in high grade than are Kennedies. By
the same token though Kennedies come much nicer in high grade than Ikes. Price
is determined primarily by demand, so if more people demand the nicest Kennedies
than the nicest Ikes then the Kennedies will be more valuable. Collectors seem to
appreciate the larger coins more but the halfs are an interesting set, it is probably
their turn to go up.

coynclecter

Well, RI has Kennedies for sale at 14,500, 10,500 and 8,500 I'd call that some serious cash.