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2014 50th Anniversary Kennedy Half-Dollar Gold Proof Coin (K15) Priced at $1,240.00

This coin is available to order today at 12:00 EST either on the phone or online:

http://catalog.usmint.gov/webapp/wcs/st ... ctId=17610

1-800-872-6468

Mintage Limit: The number has not been released…The U.S. Mint plans to have 40,000 of them ready for launch however shipping will not begin until August 20th.

Household Order Limit: Web and Phone Orders: A limit of five (5)

Retail Locations Limit: Limit one (1) per person. i.e. There will be 500 gold coins available initially at each U.S. Mint locations in Philadelphia, Denver and Washington D.C., and another 100 coins per day for the first three days after the product launch.

Also, at the ANA World’s Fair of Money they will have 2,500 gold coins available at the show i.e. 500 per day.

Description: Each coin contains ¾ troy ounce of pure, 24-karat gold and is struck with a proof finish at the United States Mint at West Point, New York.
The raised Kennedy profile is frosted and appears to float on the mirror-like background. The coins are encapsulated and packaged in a single custom-designed, brown mahogany hardwood presentation case with removable coin well and are accompanied by a Certificate of Authenticity.

Obverse: A portrait of John Fitzgerald Kennedy, the youngest-ever-elected president. United States Mint Chief Engraver Gilroy Roberts based this profile on a portrait prepared for Kennedy’s presidential medal.

Reverse: Based on the Presidential Seal and was created by United States Mint Sculptor-Engraver Frank Gasparro. It consists of a heraldic eagle with a shield on its breast holding a symbolic olive branch and bundle of 13 arrows. It features the inscriptions UNITED STATES OF AMERICA, HALF DOLLAR and ¾ OZ. .9999 FINE GOLD. A ring of 50 stars surrounds the design, which gives this coin the distinction of having more stars than any other U.S. coin ever produced for circulation.

Overpriced and hyped to death. Dealers and early birds trying to cash in on this and flip them for a profit.

In another year or two and they'll be readily available and they'll be selling for AGW/spot price... mark my words.

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Cu Penny Hoarder wrote:Overpriced and hyped to death. Dealers and early birds trying to cash in on this and flip them for a profit.

In another year or two and they'll be readily available and they'll be selling for AGW/spot price... mark my words.

To the last word those are my sentiments too. I was going to bite on it until the Mint issued the three dreaded words mint to demand.

I might bite on the silver set when it comes out in October....just to add it to my Kennedy collection. Those are over-priced too so maybe
they will suffer the same fate that is possible for the Ag coin and maybe a person should wait to see if the market brings the price down. I'm
more interested in the reverse proof silver half but that interest is starting to wane when I read recently that the Mint is considering doing
a clad reverse proof.

I bought some to flip because I could do so on credit and there are companies which will buy them at guaranteed profit for those who ordered on the first day. Also the added cash back on the credit card added to the benefits. I should have a check in hand before the credit card bill comes due. Even if something unforeseen happens I can cancel the order or return them to the mint when I get them. Hopefully, it works out and I make over 300 bucks for a hour or so of work.