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BU Roll Market Perking Up.

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    HIGHLOWLEAVESHIGHLOWLEAVES Posts: 818 ✭✭✭

    Thanks to a recent post, we are treated to the pictures of the 2027 and on, Kennedy Half Dollars. My question…. Will the completely resigned Kennedy Obverse, produce additional interest for the traditional Kennedy halves that were produced and were very popular to coin collectors and the general public for over sixty years ? Interesting thought.

    Specialized Investments
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    cladkingcladking Posts: 30,353 ✭✭✭✭✭

    Most half dollars weren't really worth the cost of shipping until just a few years ago. A great number of the mint set coins went circulation and are now in XF/ AU in bank rolls.

    Attrition on half dollars isn't very high <2% but they were poorly made and most of them are degrade. There don't seem to be many sliders left and the highest grades are AU 50 to 55, and these aren't plentiful.

    BU half rolls are pretty hot now and nobody can stock every date. For the first time I'm seeing a little activity in the 2002 to date issues. These are all very readily available because most owners have quantities but they still have potential because mintages are quite low. A lot of people sort these later date coins and spend the poor ones so that leaves even fewer of the low mintages. It will be interesting to see what they do if demand keeps ratcheting higher.

    tempus fugit extra philosophiam.
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    cladkingcladking Posts: 30,353 ✭✭✭✭✭

    Here's one of the best articles I've ever seen about the future of collecting from Numismatic News.

    https://www.numismaticnews.net/the-future-of-coin-collecting

    There are no daring predictions but it shows all the activity and young blood infusing the hobby and markets. I have little doubt that a lot of the interest in BU rolls is coming from younger collectors who understand how scarce they are how collectible they already are.

    Most collectors are still much older than the general population and new collectors are springing up all over. Thank goodness, or we'd have no one to whom to sell our collections.

    Nobody knows what their collections will look like in 50 years and this will shape the direction of the hobby and every market in it. The only prediction I'm confident to make is these collections will be different and more diverse than most of ours. There are already lots of early signs.

    tempus fugit extra philosophiam.

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