Sales of 2014 50th Anniversary Kennedy Half-Dollar Silver Coin Collections sprang to 165,824 units, new figures from the United States Mint show.
Marking a 21,252 weekly increase, the amount more than doubled combined sales from the prior two weeks. Sharper gains may be greatly attributed to the Mint’s lifting of household ordering limits.
Separately, the U.S. Mint announced that the overall limit for the four-coin collection was reduced to 225,00 from 300,000. In a brief memo, the Mint noted:
The United States Mint announced today the revised product limit for the 50th Anniversary Kennedy Half-Dollar Silver Coin Collection will be 225,000. The United States Mint initially announced October 24 a product limit of 300,000 units for the 50th Anniversary Kennedy Half-Dollar Silver Coin Collection. This product was placed on sale October 28, initially with a household limit of 5. The household order limits were lifted November 17.
Here’s a breakdown of the set’s weekly sales since its release on Oct. 28 (85,670 sold in the first 12 hours):
| Unit Change (Oct 28-Nov 2) |
Unit Change (Nov 3-9) |
Unit Change (Nov 10-16) |
Unit Change (Nov 17-24) |
Latest Sales |
|
| Kennedy Silver Coin Collection | +125,147 | +12,655 | +6,770 | +21,252 | 165,824 |
The collection is at 73.7% of its revised maximum of 225,000.
Updated sales figures were not available for the Mint’s other 50th Anniversary Kennedy Half-Dollar products, the 2014-W Kennedy 2014 Half-Dollar Gold Proof Coin and the 2014 Kennedy 2014 Half-Dollar Uncirculated Coin Set. They should be released by Tuesday. CoinNews.net will publish them when they become available.
2014 50th Anniversary Kennedy half-dollar products may be ordered online from the Mint here, or by calling 1-800-USA-MINT (872-6468).
:-$ 🙂
This is a smart move on the part of the Mint. I have seen numbers from 150,000 to 190,000 sets ready to “ship” and this will greatly improve the chances of sets sold & arriving by the coming holiday season. The mint is learning. In order to reach a the larger mintage of 300k the mint would have had to increase the initial household limit to 10 (double they required). The difference this time is that the price of silver has dropped significantly from where it has been over the last 6 years and buyers are more cautious. This set… Read more »
The limit production going down to 225,000 makes the set unique again!
Thank you US Mint!
Sounds like the Mint is listening to the customers this time.
This news could possibly induce another round of buying by those that have already bought in but will bring in some holding outs,linked with a 15% price cut would have really opened the flood gates.I may buy 1 more and keep it in the OGP Could possibly make for some trading leverage some time in the future.
RBG –
Not sure why 225,000 should be called a sleeper, seems that everybody and their brother has got on the band wagon to get this.
Or why you include the gold since as many as want to can buy it too. Of course there are several features that make this coin unique so worthy of collecting I guess, but sleeper? I don’t know.
I personally believe quite a few potential buyers held out because they Looked at the $15-$16.bullion price which gives this set a melt of around $24 up aganist the $100 set price lousy bullion investment and even as a collectible pretty pricey.I still like it as a modern day collectible,The 75,000 mintage reduction May give it a small temporary bump in price for the flippers.Anyone wanting out will always be able to get ther $100 back.
Just my opinion
Senior,
I respectfully disagree. The Neusmatic value completely outweights the melt value in this case. The different finishes are not found in any other set, plus the theme is unique.
Well, I guess I was wrong about seeing a “BUY” on this set after they lifted the house limits. I’ll be eating my shorts on that prediction! But the fact the mint has dropped the total mintage to 225k tells me even they know this will be short lived. STILL(somewhat) DOUBTFUL on hitting that original 180k mark. I also do not see this set as a money maker in the long haul. It’s a great set to add to a collection. Some unique coin(s). Hopefully my kids will appreciate my thoughtfulness…(doubt it!) The Ebayer’s are not making much profit unless… Read more »
I think if the dealers bought these 21k sets, they will be FLOODING the market and the cost will tank for resale very quickly.
If you don’t mind waiting about fifteen years you’ll see very good returns. Just my opinion. Well that’s what I hope for.
The mint saw the hand writing on the wall,we will see.
Regardless what the final numbers are this is a better than good modern mint collectible
they’re getting $60+ for the Rev. Pf (raw)…. makes the remaining 3 coins for $13 each…. nice deal… new total mintage announcement makes it seem likely that the Mint has resumed production since first 180K
A beautiful solid wooden box would have been nice to showcase these coins, Not a cheap presentation showcase. I would have spent a little more to showcases these beauties. Because of that, I passed.
showcase not “showcases”
Joe is right…. mint packaging is a white elephant…. coins could have been placed in a box half the size…. I think they made the capsules fit so tightly from past sets where coins fell out of holes during shipping…. a simple fix would be to place capsules in separate bubble wrap and let buyer place them after opening…
The packaging to me is far better than anything so far.The 2011 ASE set was a disaster.No matter how they package the goods buyers will complain.Happy Thanksgiving To All.
I’m a coin collector not a box collector. They could put them in a plane brown envelop, the way proof set used to come, and I would be happy. Much of the packaging is from China anyway!
Tom,No one here is a collector of boxes,but for some the box is a means to display and for the mint it is a means for delivery.Have a happy Thanksgiving
To me, The box is very important when showcasing beautiful coins that you paid good money for. If you’re strictly a bullion collector, No big deal then.
Happy gobble gobble to all here…
I have suggested long ago that the mint offer two packaging options: with the glorified packaging and without the packaging, the latter at a discount from the former.
The coin that I’ve seen the most packaging for one single coin is the platinum eagle. Maybe now that the preamble series is over the mint will go back to a simple box for the coin, like with the silver eagle.
The ASE 25Th anniversary packaging was a miserable failure but for me the Silver Kennedy set was okay.There is no perfection in most anything because who has the perception of perfection.
Senior, I would call it common sense. The gold proof buffaloes, For example, Come in beautiful packaging, Beautiful solid wood box, And these Kennedy’s come in “tissue paper”… To me, Just plain common sense.. The coin(s) should look “appetizing”, Especially the higher priced ones…..
Joe # 2 The mint got there butt kicked when they delivered the 2011 ASE set in that expensive funky packaging.The current packaging works for me.I don’t display but the slim box stores much better.I too don’t want to see them sent in a manilla envelope.