The Exchange : U.S. Mint announces details of Kennedy anniversary coins

U.S. Mint announces details of Kennedy anniversary coins

Over the next several months the U.S. Mint will be rolling out three new products in honor of the 50th anniversary of the Kennedy half dollar. Marc Landry, the Mint's Acting Associate Director of Sales and Marketing, outlined the Mint's plans for the sale of these items during a teleconference on Wednesday, July 16, 2014.

50th Anniversary Kennedy Half-Dollar Uncirculated Coin Set

  • This set will contain two uncirculated coins, one from each of the mints in Philadelphia and Denver and will cost $9.95.
  • Each coin will feature the original design from 1964 but is inscribed with the year 2014.
  • The United States Mint will open sales for this set on Thursday, July 24, 2014, at noon EDT.
  • Landry said that the Mint will have just over 37,000 available to ship immediately upon release. He also said that the goal is to serve the demand for the coins but not over produce.

50th Anniversary Kennedy Half-Dollar Gold Proof Coin

  • This coin will be struck at the United States Mint's facility in West Point and will contain three-quarters of a troy ounce of .9999 fine, 24-karat gold. Inscriptions on the obverse (heads) include the dual years "1964-2014."  The encapsulated coin is packaged in a single, custom-designed, brown mahogany hardwood presentation case with removable coin well. A certificate of authenticity, signed by United States Mint Deputy Director Richard A. Peterson, will accompany each coin.
  • The coins will go on sale Tuesday, Aug. 5, 2014, at noon EDT. They will also be available for purchase in person at the Chicago World's Fair of MoneySM in Rosemont, Illinois.
  • In total the Mint will have 2,500 coins at the World's Fair of Money and will be selling 500 per day over a five-day period. There will be a limit of two coins per person. Landry said that "we really want to give everyone a fair shot to get in line," as well as that the Mint wants to be flexible enough to accommodate all of its customers and not be a distraction at the show.
  • Landry mentioned that the Mint may adjust coin purchase limits based on how sales go on the first day of the show.
  • The Mint will have three registers at the show - two for purchasing gold coins and one for purchases of other products.
  • Besides being available at the World's Fair of Money, the Mint will have 40,000 gold half dollars available to ship with a five coin limit per household for online and phone orders.

50th Anniversary Kennedy Half-Dollar Silver Coin Collection

  • The set is composed of four coins-one from each of the United States Mint's production facilities-struck in 90 percent silver in four finishes: One reverse proof coin from the United States Mint at West Point, one proof coin from the United States Mint at Philadelphia, one enhanced uncirculated coin from the United States Mint at San Francisco and one uncirculated coin from the United States Mint at Denver.
  • Each coin features the original design from 1964 but is dated 2014.
  • The set will be sold for $99.95 and will be released in the fall.
  • This set will be the first significant product release for the Mint's new order management system due to debut in the fall. The Mint hopes to deliver a better ordering process online as well as do away with the waiting room, Landry said.

To order any of these products, go to http://www.usmint.gov/catalog or call 1-800-USA-MINT (872-6468). Hearing- and speech-impaired customers with TTY equipment may order at 1-888-321-MINT.  A fee of $4.95 will be added to all domestic orders for shipping and handling.

All purchases of these products will be subject to an order limit of five of each product per household.  The bureau will re-evaluate the order limit as necessary over the period these products are available for sale.

Written by Lauren Springli at 00:00

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