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Now we’re all out of luck

The first gold Kennedy half dollar sold and then slabbed at the American Numismatic Association convention in the Chicago suburb of Rosemont, Ill., was worth $100,000.

What’s a set of 2015 coins slabbed in 2014 worth?

Perhaps we will find out soon.

Numismatic Guaranty Corporation has slabbed two sets of U.S. Marshals Service commemorative coins as released Sept. 24.

Each set is a proof clad half dollar, proof silver dollar and proof gold $5.

The authorizing legislation mandated that these coins be released early – but only to U.S. Marshals celebrating the 225th anniversary of their service.

Two of them bought sets and submitted them to NGC.

The public in general has to wait until January.

Only 35 sets are involved in this early release.

That limited number can ensure very high values for any of the sets that are slabbed and then sold on the secondary market.

But collectors who could not get these coins at this early time of issue can console themselves.

There were no huge crowds to cause fears of potential riots.

There was no need for police to be called in.

There were no dealers paying people to stand in line.

And most of all, the issuance of these coins occurred without the involvement of the American Numismatic Association, or any numismatic venue.

Isn’t it great to be irrelevant?

Buzz blogger Dave Harper is winner of the 2014 Numismatic Literary Guild Award for Best Blog and is editor of the weekly newspaper “Numismatic News.”

 

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