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First Strike 1964 JFK halves

TurtleCatTurtleCat Posts: 4,628 ✭✭✭✭✭

This is news from ATS ultimately but probably interesting to everyone here who collects JFKs. It’s an interesting story. Would you pay a premium for FS on this issue? Myself, no, but it is a cool find nonetheless.

https://coinnews.net/2020/04/16/ngc-certifies-early-issue-1964-d-kennedy-half-dollars/

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Comments

  • coinbufcoinbuf Posts: 11,870 ✭✭✭✭✭

    Cool story, as to your question no I wouldn't pay a premium for one but I'm sure many will.

    My Lincoln Registry
    My Collection of Old Holders

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  • 291fifth291fifth Posts: 24,715 ✭✭✭✭✭

    No comment.

    All glory is fleeting.
  • GRANDAMGRANDAM Posts: 8,777 ✭✭✭✭✭
    edited April 16, 2020 1:26PM

    Depends,,,,, how much is the premium? How many labeled as 1st Strike?

    I have a roll from the 1st day of release that my Grandfather had my Mom and her 5 brothers and sisters and him stood in line to get,,,, there was a 1 roll per person limit at the time.

    GrandAm :)
  • bolivarshagnastybolivarshagnasty Posts: 7,353 ✭✭✭✭✭

    The term "pump and dump" comes to mind.

  • TurtleCatTurtleCat Posts: 4,628 ✭✭✭✭✭
    edited April 16, 2020 1:51PM

    @GRANDAM said:
    Depends,,,,, how much is the premium? How many labeled as 1st Strike?

    I have a roll from the 1st day of release that my Grandfather had my Mom and her 5 brothers and sisters and him stood in line to get,,,, there was a 1 roll per person limit at the time.

    I don’t think they’ve hit the market yet so I don’t know what the premium is. I don’t generally follow first strike stuff so I’m not sure what to expect.

    The story indicated 2000 were in the bag. All 1964 D.

  • GRANDAMGRANDAM Posts: 8,777 ✭✭✭✭✭

    I would buy one if not too much premium,,,, it would be nice to have one.

    GrandAm :)
  • ms70ms70 Posts: 13,956 ✭✭✭✭✭

    Interesting story. Thanks for posting it.

    Great transactions with oih82w8, JasonGaming, Moose1913.

  • goldengolden Posts: 10,007 ✭✭✭✭✭

    Interesting but I would not pay a premium. Too bad they are not PCGS.

  • ifthevamzarockinifthevamzarockin Posts: 8,908 ✭✭✭✭✭

    I think I will have to pass at $495 for choice BU and $1695 for MS-65 :o

  • PQueuePQueue Posts: 901 ✭✭✭

    Yes indeed ifthevamzarockin. Look at the pic for the MS-65, not even "all there" for the grade.

  • OPAOPA Posts: 17,144 ✭✭✭✭✭

    I was under the impression that ATS stopped using the "First Strike" terminology and is using "Early Release" or something like that.

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • jmski52jmski52 Posts: 23,288 ✭✭✭✭✭

    I’ve always disliked the term “first strike”, when applied to coins that were merely struck and/or released “early”.

    If the bag was dated March 19, 1964 - it seems like the coins might very well be first strikes in some sense. I don't know when striking was begun, but considering that the coins had to be authorized, designed, approved by Jackie Kennedy for hair modification - March 19 seems like it could be a very early group of coins.

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • MFeldMFeld Posts: 15,024 ✭✭✭✭✭
    edited April 16, 2020 5:00PM

    @jmski52 said:
    I’ve always disliked the term “first strike”, when applied to coins that were merely struck and/or released “early”.

    If the bag was dated March 19, 1964 - it seems like the coins might very well be first strikes in some sense. I don't know when striking was begun, but considering that the coins had to be authorized, designed, approved by Jackie Kennedy for hair modification - March 19 seems like it could be a very early group of coins.

    It would be nice to know in what sense they were among the first strikes. 😉 Among the first 5000? 10,000? 50,000?
    To you, after approximately what number of production would such a coin lose its significance as being among the first struck? My personal cutoff would probably be at number 100 or lower.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • WAYNEASWAYNEAS Posts: 7,014 ✭✭✭✭✭

    As a Kennedy guy, no on paying premium for a "first Strike". It is strictly the grade for me.

    Kennedys are my quest...

  • JimWJimW Posts: 583 ✭✭✭✭

    @MFeld said:

    @jmski52 said:
    I’ve always disliked the term “first strike”, when applied to coins that were merely struck and/or released “early”.

    If the bag was dated March 19, 1964 - it seems like the coins might very well be first strikes in some sense. I don't know when striking was begun, but considering that the coins had to be authorized, designed, approved by Jackie Kennedy for hair modification - March 19 seems like it could be a very early group of coins.

    It would be nice to know in what sense they were among the first strikes. 😉 Among the first 5000? 10,000? 50,000?
    To you, after approximately what number of production would such a coin lose its significance as being among the first struck? My personal cutoff would probably be at number 100 or lower.

    Yes, essentially a marketing gimmick - first strike really has no definition in this context.

    Successful BST Transactions: erwindoc, VTchaser, moursund, robkool, RelicKING, Herb_T, Meltdown, ElmerFusterpuck, airplanenut

  • JimWJimW Posts: 583 ✭✭✭✭

    maybe someone with more expertise on bags can chime in here - the story states coinage was started in January, with this bag being dated March 19. Are coins bagged soon (immediately) after being minted, suggesting these specific coints were made at least 7 weeks into production?
    I think first strike on a new set of dies would be a more apt and relevant definition; of course, these things are probably not something the mint can really keep track of in a large-scale production environment.

    Successful BST Transactions: erwindoc, VTchaser, moursund, robkool, RelicKING, Herb_T, Meltdown, ElmerFusterpuck, airplanenut

  • Pnies20Pnies20 Posts: 2,500 ✭✭✭✭✭

    People are going to pay out the wazoo for those 🤦🏼‍♂️

    BHNC #248 … 130 and counting.

  • ifthevamzarockinifthevamzarockin Posts: 8,908 ✭✭✭✭✭

    And yet another reason I won't be buying one..... I lost my wazoo years ago.

  • shorecollshorecoll Posts: 5,447 ✭✭✭✭✭

    The 1964's were struck in massive quantities. With that date, they may have been among the first few million or the first few tens of millions struck, but nowhere near Early or First.

    ANA-LM, NBS, EAC
  • SanctionIISanctionII Posts: 12,641 ✭✭✭✭✭

    The mystique of JFK lives on, so much so that in 2020 money will be made off of his memory.

    Funny thing is that if JFK ran for president today it is likely he would never be nominated by the Democrat party.

    It is interesting to read and hear some of the speeches he gave as a candidate and as a congressman, senator and president.

    I do like JFK half dollars.

  • JFK_CollectorJFK_Collector Posts: 111 ✭✭✭

    @shorecoll said:
    The 1964's were struck in massive quantities. With that date, they may have been among the first few million or the first few tens of millions struck, but nowhere near Early or First.

    January 30, 1964, Denver started production of regular half dollars with the new Kennedy design.

    February 11, 1964, Treasury and Mint officials held ceremonies concurrently at the Denver and Philadelphia Mints to commemorate the striking of the new half dollars.

    On March 5, 1964, the initial delivery of some 26,000,000 of the new Kennedy half dollars were made to the Federal Reserve Banks for eventual issue to the local banks.

  • thefinnthefinn Posts: 2,657 ✭✭✭✭✭

    Looks like a one-way money making scheme.

    thefinn
  • MWallaceMWallace Posts: 4,362 ✭✭✭✭✭

    Associated Press photo of the first day of issue.

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    That is interesting... No backstory on where the bag came from?? I am a Kennedy half collector... well, I did build a set years ago... then stopped for a while.... I do have the special issues...but do not have the mint sets over the last 8 or 9 years...I should pull that set out and fill in the blanks....Cheers, RickO

  • TurtleCatTurtleCat Posts: 4,628 ✭✭✭✭✭

    I didn’t see any backstory but I didn’t look too hard beyond this article. I’m a bit surprised these also don’t appear to have much toning. I would have expected a little. To me, the value of this hoard would be in having it still sealed in the bag.

  • joeykoinsjoeykoins Posts: 17,600 ✭✭✭✭✭

    Good read. Very nice to go back in that era, 1964, my wife's birth year. I love the "FG" varieties. Esp. the 1966 SMS No FG. B)
    First strikes, not so much.

    "Jesus died for you and for me, Thank you,Jesus"!!!

    --- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.
  • PhillyJoePhillyJoe Posts: 2,707 ✭✭✭✭

    1964 Accented Hair Kennedy Proofs: The original First Strike Kennedy Half. :)

    The Philadelphia Mint: making coins since 1792. We make money by making money. Now in our 225th year thanks to no competition. image
  • CaptHenwayCaptHenway Posts: 32,830 ✭✭✭✭✭

    @JFK_Collector said:

    @shorecoll said:
    The 1964's were struck in massive quantities. With that date, they may have been among the first few million or the first few tens of millions struck, but nowhere near Early or First.

    January 30, 1964, Denver started production of regular half dollars with the new Kennedy design.

    February 11, 1964, Treasury and Mint officials held ceremonies concurrently at the Denver and Philadelphia Mints to commemorate the striking of the new half dollars.

    On March 5, 1964, the initial delivery of some 26,000,000 of the new Kennedy half dollars were made to the Federal Reserve Banks for eventual issue to the local banks.

    Thank you. These are facts. The labels are bilgewater.

    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • TurtleCatTurtleCat Posts: 4,628 ✭✭✭✭✭

    The designations are a bit silly and arbitrary. I guess it sells or people get into it. But that’s neither here nor there. I’d still like to have the original mint bag sealed and full of them...

  • OuthaulOuthaul Posts: 7,440 ✭✭✭✭✭

    They were worth more sealed. Now THAT'S a rare find.

    Cheers

    Bob

  • Klif50Klif50 Posts: 698 ✭✭✭✭

    @DrDarryl said:
    At least my 1964-P Kennedy half dollar has historic documentation to make the claim as being "among the first half dollars to be issued by the Treasury". The President Johnson gift letter has the correct date for a first day of issue.

    DrDarryl,
    I really like the letter and attached half dollar. I was 13 years old when the half came out and it created quite a bit of excitement. How did you come into the Presidential letter?

    Thanks for sharing

  • DrDarrylDrDarryl Posts: 662 ✭✭✭✭✭

    @Klif50 said:

    DrDarryl,
    I really like the letter and attached half dollar. I was 13 years old when the half came out and it created quite a bit of excitement. How did you come into the Presidential letter?

    Thanks for sharing

    Purchased from the estate of Congressman Stephens. I also have a Eisenhower dollar (grifted by President Nixon)

  • DrDarrylDrDarryl Posts: 662 ✭✭✭✭✭

    Another marketing gimmick that I saw on eBay 5/19/2020.

  • cameonut2011cameonut2011 Posts: 10,181 ✭✭✭✭✭
    edited May 20, 2020 4:13PM

    The coins came from an original mint bag like all old coins and most of the other Kennedy halves. How is this news or worthy of a special designation? I wonder how much Tomaska and crew paid for the special label. I can't wait to see the exorbitant asking prices from the cable TV gang on these.

  • TurtleCatTurtleCat Posts: 4,628 ✭✭✭✭✭

    Choice BU? Not even a normal grade? Not sure I’d pay more than a melt for a 63 graded JFK.

  • cameonut2011cameonut2011 Posts: 10,181 ✭✭✭✭✭

    @ifthevamzarockin said:
    I think I will have to pass at $495 for choice BU and $1695 for MS-65 :o

    Where are the prices?

    I wonder if Rick will add his "Everest" stickers.

  • cameonut2011cameonut2011 Posts: 10,181 ✭✭✭✭✭

    It's almost like NGC is turning into ANACS and ICG.

  • BullionBullion Posts: 7 ✭✭

    @PhillyJoe said:
    1964 Accented Hair Kennedy Proofs: The original First Strike Kennedy Half. :)

    Whatever happened to Russ, from the old PCGS forum. He was always on the hunt for the AH Kennedys.

  • cameonut2011cameonut2011 Posts: 10,181 ✭✭✭✭✭

    @DrDarryl said:

    @Klif50 said:

    DrDarryl,
    I really like the letter and attached half dollar. I was 13 years old when the half came out and it created quite a bit of excitement. How did you come into the Presidential letter?

    Thanks for sharing

    Purchased from the estate of Congressman Stephens. I also have a Eisenhower dollar (grifted by President Nixon)

    Did you mean grifted or gifted? With Nixon you have to wonder...

    Both are very neat finds. What does something like that go for at auction?

  • TurtleCatTurtleCat Posts: 4,628 ✭✭✭✭✭

    @Bullion said:

    @PhillyJoe said:
    1964 Accented Hair Kennedy Proofs: The original First Strike Kennedy Half. :)

    Whatever happened to Russ, from the old PCGS forum. He was always on the hunt for the AH Kennedys.

    Sadly he passed away a while ago.

  • silverpopsilverpop Posts: 6,758 ✭✭✭✭✭

    the old part fools with their money route again huh? not amazed at what people will fall for nowadays and yes many will pay those prices cause in their minds they can flip them for $$$

  • CameonutCameonut Posts: 7,386 ✭✭✭✭✭

    No positive comment.

    “In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson

    My digital cameo album 1950-64 Cameos - take a look!

  • joeykoinsjoeykoins Posts: 17,600 ✭✭✭✭✭
    edited May 20, 2020 5:12PM

    Too bad they can't number every individual one with a Certificate. Even without the "First Strike" title would be fine. Yes, than I wouldn't mind paying the premium. I would love to own say, "#100 out of 2000". Pretty cool. <3B) This way if some had a certain variety, think of the rarity than. Wow!

    "Jesus died for you and for me, Thank you,Jesus"!!!

    --- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.
  • abcde12345abcde12345 Posts: 3,404 ✭✭✭✭✭

    @MWallace said:
    Associated Press photo of the first day of issue.

    Looks like the line I was in when the original iPhone made its debut.

  • robkoolrobkool Posts: 5,934 ✭✭✭✭✭

    I would be more interested in a SMS 1964 half, than a 1st issue/strike one.

  • GRANDAMGRANDAM Posts: 8,777 ✭✭✭✭✭

    @DrDarryl said:
    At least my 1964-P Kennedy half dollar has historic documentation to make the claim as being "among the first half dollars to be issued by the Treasury". The President Johnson gift letter has the correct date for a first day of issue.

    That is so COOL!!!!!!

    GrandAm :)

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