Word has just arrived that the Mint has placed a limit of 300,000 on the number of 50th anniversary Kennedy silver sets that it will produce.
Just days ahead of the noon Eastern Time Oct. 28 commencement of sales on the Mint’s website, the Mint said that it has over 180,000 sets ready to ship as soon as collectors buy them.
These numbers allow us to conclude that the Mint is expecting demand for the set to run at a level that is roughly equivalent to demand for the special silver Eagle sets produced in prior years.
Whether this is a correct assumption, we will discover soon.
The Mint also said that it will put a ceiling on the number it will sell of the two-coin clad Kennedy anniversary sets at 200,000.
Since clad sales currently stand at 134,631, that looks like a pretty safe number. Collectors won’t have to run right out and buy one this instant.
Order limit per household for the silver and the clad sets five sets.
The new silver set will be offered only at the www.usmint.gov website and by telephone at (800) USA-MINT.
In addition to releasing these numbers today, the Mint again reminds customers to make sure they have reset their account password before placing an order if they have not done this since the new website went live on Oct. 1.
The Mint instructions said that "by logging on in advance, customers can confirm account settings, check order status and – to expedite shopping – reset their passwords. Steps to do so are as follows: 1. Use your existing U.S. Mint Login 2. Enter your existing password 3. You will then receive an e-mail and be prompted to reset your password."
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."