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#1
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Kennedy Halves
I've just started accumulating a set of Kennedy halves from circulation
finds. Most have been in the 1971-2000 range. But I have a 2001-P and 2001-D in AU. The Red Book footnotes 2001-P, and except for 2005, 2002 P+D through 2007 P+D as "Not issued for circulation." That seems odd given that the 2001-P run was 21.2 million, one of the largest mintages of this design. In the other years the P and D mintages were under 3 million each. The 2001-P and D differ in their surfaces. The D has a uniform lightly bluish white cast. The P has blotches of light salmon sheen intermixed with the blue-white areas, to the extent that when viewed without a magnifier, the overall color is slightly salmon and is distinctly different when held next to the D. The D has the typical mirror finish while the P is a muted, matte finish. 1. Does that mean that I'm not likely to find these dates in circulation culls? 2. What was the deal with "not issued for circulation"? What happened to them? Were they only sold in mint sets? 3. What was the deal with the 2001-P? I'm sure they didn't sell 21.2 million mint sets. 4. Were any 2001-P struck on planchets different from the "normal" type as seen in the 2001-D? The light salmon coloration may just be a random variation in toning, but would that also explain the matte finish? |
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#2
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Kennedy Halves
Wasn't the Mint selling those halves in bags for collectors?
"mazorj" wrote in message ... I've just started accumulating a set of Kennedy halves from circulation finds. Most have been in the 1971-2000 range. But I have a 2001-P and 2001-D in AU. The Red Book footnotes 2001-P, and except for 2005, 2002 P+D through 2007 P+D as "Not issued for circulation." That seems odd given that the 2001-P run was 21.2 million, one of the largest mintages of this design. In the other years the P and D mintages were under 3 million each. The 2001-P and D differ in their surfaces. The D has a uniform lightly bluish white cast. The P has blotches of light salmon sheen intermixed with the blue-white areas, to the extent that when viewed without a magnifier, the overall color is slightly salmon and is distinctly different when held next to the D. The D has the typical mirror finish while the P is a muted, matte finish. 1. Does that mean that I'm not likely to find these dates in circulation culls? 2. What was the deal with "not issued for circulation"? What happened to them? Were they only sold in mint sets? 3. What was the deal with the 2001-P? I'm sure they didn't sell 21.2 million mint sets. 4. Were any 2001-P struck on planchets different from the "normal" type as seen in the 2001-D? The light salmon coloration may just be a random variation in toning, but would that also explain the matte finish? |
#3
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Kennedy Halves
Starting in 2002 the mint stop issuing the half's for circulation but did,
and still does sell bags and rolls of them at a premium. The 2001 WAS issued for circulation but how many actually made it there and how many languish in bags in bank faults is anybodies guess. As to finding them in circulation. Anything is possible. I've read right here in "found in circulation" posts that proofs have been found. Don Weber |
#4
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Kennedy Halves
Don Weber says yes, and I have a vague recollection of that.
"Bob F." wrote in message ... Wasn't the Mint selling those halves in bags for collectors? "mazorj" wrote in message ... I've just started accumulating a set of Kennedy halves from circulation finds. Most have been in the 1971-2000 range. But I have a 2001-P and 2001-D in AU. The Red Book footnotes 2001-P, and except for 2005, 2002 P+D through 2007 P+D as "Not issued for circulation." That seems odd given that the 2001-P run was 21.2 million, one of the largest mintages of this design. In the other years the P and D mintages were under 3 million each. The 2001-P and D differ in their surfaces. The D has a uniform lightly bluish white cast. The P has blotches of light salmon sheen intermixed with the blue-white areas, to the extent that when viewed without a magnifier, the overall color is slightly salmon and is distinctly different when held next to the D. The D has the typical mirror finish while the P is a muted, matte finish. 1. Does that mean that I'm not likely to find these dates in circulation culls? 2. What was the deal with "not issued for circulation"? What happened to them? Were they only sold in mint sets? 3. What was the deal with the 2001-P? I'm sure they didn't sell 21.2 million mint sets. 4. Were any 2001-P struck on planchets different from the "normal" type as seen in the 2001-D? The light salmon coloration may just be a random variation in toning, but would that also explain the matte finish? |
#5
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Kennedy Halves
"Donald Weber" wrote in message news Starting in 2002 the mint stop issuing the half's for circulation but did, and still does sell bags and rolls of them at a premium. The 2001 WAS issued for circulation but how many actually made it there and how many languish in bags in bank faults is anybodies guess. As to finding them in circulation. Anything is possible. I've read right here in "found in circulation" posts that proofs have been found. Don Weber Now that you mention it I remember the bag sales. I didn't know that it covered all those years. The "found in circulation" items here and in Coin World are what makes me wonder about the 2000-P planchet and finish. I'm hoping that someone here with extensive knowledge of the Kennedy issues can fill in some blanks for me or point me to an authoritative source. |
#6
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Kennedy Halves
On May 25, 1:10*pm, "mazorj" wrote:
I've just started accumulating a set of Kennedy halves from circulation finds. *Most have been in the 1971-2000 range. *But I have a 2001-P and 2001-D in AU. *The Red Book footnotes 2001-P, and except for 2005, 2002 P+D through 2007 P+D as "Not issued for circulation." *That seems odd given that the 2001-P run was 21.2 million, one of the largest mintages of this design. In the other years the P and D mintages were under 3 million each. The 2001-P and D differ in their surfaces. *The D has a uniform lightly bluish white cast. *The P has blotches of light salmon sheen intermixed with the blue-white areas, to the extent that when viewed without a magnifier, the overall color is slightly salmon and is distinctly different when held next to the D. *The D has the typical mirror finish while the P is a muted, matte finish. 1. *Does that mean that I'm not likely to find these dates in circulation culls? You are not likely to find post 2001 Kennedy halves in roll searches. If you do find any they're almost guaranteed to be the lower grade ones that someone spent after they had opened and cherry picked the high grade coins from the mint rolls--and they'll be AU's from being tossed around in a loosely packed roll. Kennedy halves turn to AU really easy. You can buy BU Kennedy halves for around 3 to 5 dollars for most issues--a very affordable set to put together and it saves you lots of time just purchasing them--and they'll look better--won't be AU's which will always be worth $.50 *for as long as you can think about* except for the silver issues and will be prone to discolorization and spotting due to being in circulation. I nice gem (MS65+) set of Kennedy halves is the way to go and your chances of putting one together doing bank roll searches is very slim. Not to say you can't find a few gems--just difficult. But it is fun to search--you may find a doubled die or an error on top of the silver ones. ;-) 2. *What was the deal with "not issued for circulation"? *What happened to them? *Were they only sold in mint sets? The mint set coins are struck under higher pressure and struck more than once--but--most mint set Kennedy halves tend to be loaded with deep hits on the cheek and shield. And a lot of chatter in the fields-- mint rolls are better for finding the gems. For 2001 they minted 1,116,915 sets and the Kennedy half total production figures include those. 3. *What was the deal with the 2001-P? *I'm sure they didn't sell 21.2 million mint sets. Yes they did sell them out! lol! They sold most of those in rolls directly from the Mint. I seem to recall back then that about 10 million or so were sent out into circulation and the rest were sold at the mint--and it took forever for them to sell all those too. I think it was around 2006 or 7 when they finally sold out. And I think it was that a lot of those were sent back from the Fed to the mint that were intended for cirulation--nobody wanted those. So the actual number that was released out into circulation is an unknown AFAIK. 4. *Were any 2001-P struck on planchets different from the "normal" type as seen in the 2001-D? *The light salmon coloration may just be a random variation in toning, but would that also explain the matte finish? The Mint buys the stock from different places--so yes--there can be some variations in the materials--very slight. No two sets of dies wear the same too--so you'll notice differences. 2001 is hard to find higher grade coins with a lot of luster. |
#7
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Kennedy Halves
On May 25, 3:23*pm, "mazorj" wrote:
"Donald Weber" wrote in message news Starting in 2002 the mint stop issuing the half's for circulation but did, and still does sell bags and rolls of them at a premium. The 2001 WAS issued for circulation but how many actually made it there and how many languish in bags in bank faults is anybodies guess. As to finding them in circulation. Anything is possible. I've read right here in "found in circulation" posts that proofs have been found. Don Weber Now that you mention it I remember the bag sales. *I didn't know that it covered all those years. The "found in circulation" items here and in Coin World are what makes me wonder about the 2000-P planchet and finish. *I'm hoping that someone here with extensive knowledge of the Kennedy issues can fill in some blanks for me or point me to an authoritative source. A satin appearance typically comes from a coin struck on a newer die. Check the strike characteristics on the satin coin compared to some others and I'll wager the devices are much sharper on the satin- looking coin. |
#8
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Kennedy Halves
wrote in message ... On May 25, 1:10 pm, "mazorj" wrote: I've just started accumulating a set of Kennedy halves from circulation finds. Most have been in the 1971-2000 range. But I have a 2001-P and 2001-D in AU. The Red Book footnotes 2001-P, and except for 2005, 2002 P+D through 2007 P+D as "Not issued for circulation." That seems odd given that the 2001-P run was 21.2 million, one of the largest mintages of this design. In the other years the P and D mintages were under 3 million each. The 2001-P and D differ in their surfaces. The D has a uniform lightly bluish white cast. The P has blotches of light salmon sheen intermixed with the blue-white areas, to the extent that when viewed without a magnifier, the overall color is slightly salmon and is distinctly different when held next to the D. The D has the typical mirror finish while the P is a muted, matte finish. 1. Does that mean that I'm not likely to find these dates in circulation culls? You are not likely to find post 2001 Kennedy halves in roll searches. If you do find any they're almost guaranteed to be the lower grade ones that someone spent after they had opened and cherry picked the high grade coins from the mint rolls--and they'll be AU's from being tossed around in a loosely packed roll. Kennedy halves turn to AU really easy. You can buy BU Kennedy halves for around 3 to 5 dollars for most issues--a very affordable set to put together and it saves you lots of time just purchasing them--and they'll look better--won't be AU's which will always be worth $.50 *for as long as you can think about* except for the silver issues and will be prone to discolorization and spotting due to being in circulation. I nice gem (MS65+) set of Kennedy halves is the way to go and your chances of putting one together doing bank roll searches is very slim. Not to say you can't find a few gems--just difficult. But it is fun to search--you may find a doubled die or an error on top of the silver ones. ;-) I did get a 1982-P where all the lettering on the right side of the reverse has faint but distinct doubling clearly visible under a glass. It's probably a double strike in the die rather than a true doubled die but I'll have to send it to an attributor for an expert verdict. 2. What was the deal with "not issued for circulation"? What happened to them? Were they only sold in mint sets? The mint set coins are struck under higher pressure and struck more than once--but--most mint set Kennedy halves tend to be loaded with deep hits on the cheek and shield. And a lot of chatter in the fields-- mint rolls are better for finding the gems. For 2001 they minted 1,116,915 sets and the Kennedy half total production figures include those. 3. What was the deal with the 2001-P? I'm sure they didn't sell 21.2 million mint sets. Yes they did sell them out! lol! They sold most of those in rolls directly from the Mint. I seem to recall back then that about 10 million or so were sent out into circulation and the rest were sold at the mint--and it took forever for them to sell all those too. I think it was around 2006 or 7 when they finally sold out. And I think it was that a lot of those were sent back from the Fed to the mint that were intended for cirulation--nobody wanted those. So the actual number that was released out into circulation is an unknown AFAIK. 4. Were any 2001-P struck on planchets different from the "normal" type as seen in the 2001-D? The light salmon coloration may just be a random variation in toning, but would that also explain the matte finish? The Mint buys the stock from different places--so yes--there can be some variations in the materials--very slight. No two sets of dies wear the same too--so you'll notice differences. 2001 is hard to find higher grade coins with a lot of luster. Thanks, that was helpful. |
#9
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Kennedy Halves
wrote in message ... On May 25, 3:23 pm, "mazorj" wrote: "Donald Weber" wrote in message news Starting in 2002 the mint stop issuing the half's for circulation but did, and still does sell bags and rolls of them at a premium. The 2001 WAS issued for circulation but how many actually made it there and how many languish in bags in bank faults is anybodies guess. As to finding them in circulation. Anything is possible. I've read right here in "found in circulation" posts that proofs have been found. Don Weber Now that you mention it I remember the bag sales. I didn't know that it covered all those years. The "found in circulation" items here and in Coin World are what makes me wonder about the 2000-P planchet and finish. I'm hoping that someone here with extensive knowledge of the Kennedy issues can fill in some blanks for me or point me to an authoritative source. A satin appearance typically comes from a coin struck on a newer die. Check the strike characteristics on the satin coin compared to some others and I'll wager the devices are much sharper on the satin- looking coin. I got a 2001-P and D in the same buy in about the same condition. The difference in the surfaces -matte versus mirror - is fairly obvious to the naked eye. The P is duller to the eye but under magnification shows no wear even on the high points. The devices in the P are more sharply struck than in the D but only under moderate magnification, so I would say "moderately" rather than "much" sharper. I knew about the effect of "die wear smoothing" from an initial matte finish to smoother fields on older coins but I haven't really noticed that in modern issues, which all seem to purposely have a mirror surface finish in the fields. Maybe it is just a fresh die set and not an errant planchet type, but I may have an expert look this one over, too. There's just something about it that "don't look quite right." I hear you on buying better specimens, I'm just having a little fun bugging bank cashiers for halves, filling a folder for my grandson, and then watching clerks' reactions when I spend the culls. |
#10
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Kennedy Halves
On May 26, 1:23*am, "mazorj" wrote:
wrote in message ... On May 25, 3:23 pm, "mazorj" wrote: "Donald Weber" wrote in message news Starting in 2002 the mint stop issuing the half's for circulation but did, and still does sell bags and rolls of them at a premium. The 2001 WAS issued for circulation but how many actually made it there and how many languish in bags in bank faults is anybodies guess. As to finding them in circulation. Anything is possible. I've read right here in "found in circulation" posts that proofs have been found. Don Weber Now that you mention it I remember the bag sales. I didn't know that it covered all those years. The "found in circulation" items here and in Coin World are what makes me wonder about the 2000-P planchet and finish. I'm hoping that someone here with extensive knowledge of the Kennedy issues can fill in some blanks for me or point me to an authoritative source. A satin appearance typically comes from a coin struck on a newer die. Check the strike characteristics on the satin coin compared to some others and I'll wager the devices are much sharper on the satin- looking coin. I got a 2001-P and D in the same buy in about the same condition. *The difference in the surfaces -matte versus mirror - is fairly obvious to the naked eye. *The P is duller to the eye but under magnification shows no wear even on the high points. *The devices in the P are more sharply struck than in the D but only under moderate magnification, so I would say "moderately" rather than "much" sharper. I knew about the effect of "die wear smoothing" from an initial matte finish to smoother fields on older coins but I haven't really noticed that in modern issues, which all seem to purposely have a mirror surface finish in the fields. *Maybe it is just a fresh die set and not an errant planchet type, but I may have an expert look this one over, too. *There's just something about it that "don't look quite right." I hear you on buying better specimens, I'm just having a little fun bugging bank cashiers for halves, filling a folder for my grandson, and then watching clerks' reactions when I spend the culls.- Hide quoted text - - Show quoted text - You just have to look and look and look for those that have that blast white satin finish--they're availiable--just scarce. Those are typically the higher grade coins. You can see them stand out from across the room. I've got a lot of dimes like that and a few newer nickles too. And come to think of it I got some cents too. The halves are there with that look to them for newer years but really tough to get from around before the late 80's. It's not too difficult to fill up a folder up to before 2000. That's a lot of fun--I basically got burned out on it though. lol |
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