By CoinWeek News Staff….
On Friday, September 25, the United States Mint gave notice that the 2014 Kennedy Half Dollar 50th Anniversary Gold Proof Coin was officially “Sold Out” and would no longer be available for order. According to Lateefah Simms of the U.S. Mint’s Office of Corporate Communications, no new inventory will be produced. The Kennedy gold half dollar debuted on August 5 of last year.
Four other items from 2014 have also sold out. The complete list is as follows:
- Kennedy Half Dollar 50th Anniversary Gold Proof
- 2014 American Eagle Platinum Proof
- Everglades National Park America the Beautiful 5 oz. Silver Uncirculated
- Florence Harding 1/2 oz. Gold Proof
- Grace Coolidge 1/2 oz. Gold Proof
Meanwhile, the 2014 American Eagle Silver Proof Coin, which had been designated as “Unavailable” earlier last week, became available to order again as of Sunday, September 27. It retails for $48.95.
The 2015 Silver Eagle Proof has endured a similar order status back-and-forth over the last few months, and at the time of publication is once again on “Back Order”. Customers are still able to place orders for the 2015 Silver Proof but fulfillment is delayed until at least September 30 when the Mint expects new stock.
The first 2014-W 50th Anniversary Kennedy Half-Dollar Gold Proof Coin sold was to become infamous after first in line customer Nick Yadgarov bought it for $1,240 and then quickly resold it for $5,000 plus another like it replacement to David Hendrickson from SilverTowne and California dealer Kevin Lipton at the American Numismatic Association World’s Fair of Money in Rosemont, Illinois last year on August 5, 2014. That first gold coin was quickly graded PCGS PR70DCAM and then resold for an incredible $100,000 to a deep pocket collector. Meanwhile outside the Denver Mint and Philadelphia Mint, hordes of buyers including many paid proxy buyers waited long in queue to buy a 2014-W JFK half-dollar gold proof coin. On August 8, 2015 the U.S. Mint had to suspend sales at their retail outlets after crowds of potential buyers were trampling themselves. The initially high premium prices hiked up by coin flippers eventually dissipated. The U.S. Mint had dropped the price down to $1,090.00 on Wednesday July 29, 2015 when the London Fix price of gold had been low as $1,080.00 per troy oz. the previous week on July 24. 2015. Ultimately the gold coins could be bought from the U.S. Mint for $1,127.50 by time they finally sold out on September 25, 2015 when ironically they were $112.50 lower than their original price of $1,240.
Thank you for filling in some of the back story on the Kennedy gold half dollar!