Others have carped that honoring 50 years of a coin is a bit odd - fifty years after his death might have been a more appropriate time.
I was in a High School study hall when the news of that terrible day came. We were all stunned and I have never forgotten that or the days that followed. The rumors of a special coin reminded me that I do not have many Kennedy Halves, so I picked up a few on Ebay.
Note: Everything is in a safe deposit box. I keep nothing in my home.
These are not expensive items. Well, they can be: the highest price I found on Ebay was just under $25,000 but you can buy them in nice condition for a few dollars more than the price of their silver content alone (that's about $7.00 as I write this) and even Proof examples can be found under $20.00.
There were almost 300 million of these minted and almost 4 million in Proof, so they definitely are not rare. Most were saved, few were spent, so these are definitely not "investment" coins.
Still, a 50 year special issue might renew interest in the series, so picking up some of the higher grade could pay off.
Or not..
Note: Everything is in a safe deposit box. I keep nothing in my home.
This weeks Coinweek Giveaway: http://www.coinweek.com/~cd5342a1aa5cb1c
Also multiple contests going on at http://www.moderncoinmart.com/forum/forums/contests/
Explain to me why all the silver Kennedy Halves are taking such a hit right now...Look:
ReplyDeletehttp://numismedia.com/fmv/prices/kenhlv/pricesgd.shtml
Franklin Halves, too. Dangit...Just when I started liking them and grabbing a truckload :( Look here:
ReplyDeletehttp://numismedia.com/fmv/prices/fnkhlv/pricesgd.shtml
Prices go up, prices go down. I don't pay any attention as I'm not selling :)
ReplyDeleteHmm... my links arent hyperlinked. Where do I turn them on?
ReplyDeleteThey just don't, apparently. It's annoying, but it would cut down on spam.
ReplyDelete