And the starting price for the dual-dated 1964-2014 Proof 50th Anniversary Kennedy Half-Dollar Gold Coin is… $1,240.
That’s how much collectors will need to hand over to get one the 50-cent gold pieces when they launch on Aug. 5 from:
- the 2014 Chicago ANA World’s Fair of Money in Rosemont, Ill.;
- U.S. Mint retail shops in Washington D.C., Philadelphia and Denver; and
- online at www.usmint.gov/catalog and by phone at 1-800-USA-MINT (872-6468).
Online and phone orders are limited to 5 coins per household while in-person purchases at the ANA money show and U.S. Mint shops are restricted to 2 coins. In-person orders are further limited to those who are 18 years and older.
Struck in three-quarters of a troy ounce of .9999 fine, or 24-karat gold, the price for the 2014-W 50th Anniversary Kennedy Gold Coin is based on a London Fix weekly average of gold that sits within the $1,250.00 to $1,299.99 range. The latest weekly average was just 69 cents away from the next higher pricing tier. Every Wednesday the average gets recalculated by the Mint. For each $50 range movement, the gold coin’s price shifts higher or lower by $37.50.
See photos of the 24K Gold Kennedy Half-Dollar.
Buying Kennedy Gold Coins at ANA Money Show
In related coin news, the American Numismatic Association has announced "safety procedures" for United States Mint purchases at the 2014 Chicago ANA World’s Fair of Money. The U.S. Mint previously said that it would sell up to 2,500 gold Kennedy halves at the ANA show, held Aug. 5 – 9, and that there would be a daily limit there of 500 coins. Those wanting a coin will need a ticket. In a news release published Thursday, July 24, the ANA provided the following information about when and where to get tickets.
The line for receiving tickets will form outside of the bourse floor at 8 a.m. each day of the show. There will be signs on site to guide collectors to the correct area. Mint officials will distribute tickets to the first 250 people in line between 10:30 and 10:45 a.m. each day. At 11 a.m., collectors with tickets will be led onto the bourse floor through a special side entrance that will take them directly to the U.S. Mint booth to complete their purchase.
Collectors are reminded that proper credentialing is required to enter the convention hall at the World’s Fair of Money. Collectors who are not credentialed will be asked to leave the ticket line.
Price Reduction for Other U.S. Mint Gold Coins
Finally, the latest average of gold marks a $50 drop from the previous pricing range, which means all numismatic gold coins from the U.S. Mint are now cheaper. Here are the coins and their lower prices:
Numismatic Gold Coin Products | From | To |
2014-W Proof American Gold Buffalo Coin | $1,690.00 | $1,640.00 |
2014-W Uncirculated American Eagle Gold Coin (1 oz) | $1,625.00 | $1,575.00 |
2014-W Proof American Eagle Gold Coin (1 oz) | $1,660.00 | $1,610.00 |
2014-W Proof American Eagle Gold Coin (1/2 oz) | $845.00 | $820.00 |
2014-W Proof American Eagle Gold Coin (1/4 oz) | $435.50 | $422.50 |
2014-W Proof American Eagle Gold Coin (1/10 oz) | $185.00 | $180.00 |
2014-W Proof Gold Eagle Four-Coin Set | $3,075.00 | $2,982.50 |
2013-W Proof First Spouse Gold Coins | $865.00 | $840.00 |
2013-W Uncirculated First Spouse Gold Coins | $845.00 | $820.00 |
2013 First Spouse Gold Coins include the 10 uncirculated and proof coins honoring former first ladies Edith Roosevelt, Ida McKinley, Edith Wilson, Ellen Wilson, and Helen Taft. The available 4 uncirculated and proof 2014 First Spouse Gold Coins honor former first ladies Florence Harding and Grace Coolidge. These coins are available at www.usmint.gov/catalog.
Sounds good to me… Gold was hoovering around the $1,300.00 below mark.
I’ll take one!
If these gold coins are minted to order with no maximum, then why bother with individual limits on sales?
Hey Mike, Curt raises a valid point: if the mintage is purportedly unlimited (which is always the way to render a coin worth no more than its issue price…) then why would there be a limit of 5? There must be a maximum mintage.
It will be $6,200 for the 5 coin household limit. I doubt there will be many households that can order to this limit. What this does is make it difficult for dealers/flippers to hoard the coin.
But if there were an unlimited mintage they can’t flip it anyway, so the hh limit must mean there is a max mintage.
@JTKJ so that the hoarders do not block the front of the line with orders of 10000, avoiding making the average collector wait for months to get his 1 coin, that’s why!
I think we all agree that a Mintage Limit is preferable.
I just got a message that the U.S. Mint will cut back to a limit of 1 gold kennedy at the Show in Ill.Smart move in my opinion …
Anyone who thinks a mintage limit is bad, take a look at the resale price of all the mint to demand products offered by the Mint on Ebay. They sell for right at what they were offered at. When you buy stocks or coins or whatever, do you say, “Gee, I so hope this goes down in value or at least never increases in value!” NO! You say, “What a great purchase – these will definitely be worth more later! Hallelujah!” The point is, whatever you buy in collectibles, the only reason people buy it is because they believe it… Read more »
Ultra high relief Gold coin was mint to demand. I’m feeling real good with my 70 being worth over $3000.00 while I paid just under $1200.00
Johnny, wouldn’t you have to find some sucker to pay that much? Especially when it can be had at $1240? I saw several on advanced sale for over $3000 advertised as PF70 First Strike. How can they be sure they can fill the order when they don’t have them in hand yet? Or, do you have some way of buying these things ahead of everyone else?
Hey Johnny, it took some time for the UHR to appreciate in value, but you also forget that gold price was a key contributor to the rise; gold was about 800 an ounce at the time of the UHR and now it’s 1300 almost. So there’s 500 of the increase there (and you’re also talking about a perfect graded coin, for the raw coin the issue price was 1200 and ungraded the coin fetches about 2100-2200 now (adjusted for gold increase that’s only 1600-1700, which is not much on a gold coin on this popularity – if it had been… Read more »