United States Mint Announces Pricing for the 24-Karat 2014 50th Anniversary Kennedy Half-Dollar Gold Proof Coin
The United States Mint has established the pricing for the highly-anticipated 24-karat 2014 50th Anniversary Kennedy Half-Dollar Gold Proof Coin. This gold coin, along with two other coin sets, will be launched this year to commemorate the 50th anniversary of the Kennedy half-dollar. These anniversary Kennedy products will consist of seven unique coins with varying finishes from different U.S. Mint facilities.
The Price Determination
The 2014 50th Anniversary Kennedy Half-Dollar Gold Coin is struck in three-quarters of a troy ounce of .9999 fine, or 24-karat gold. Its price will be primarily determined by the current rate of gold. Similar to other numismatic gold coins from the U.S. Mint, its price will be based on a weekly average gold price known as the London Fix. The London Fix represents the average of gold fixings from the previous Thursday AM to Wednesday AM. This average will then be compared against a coin pricing grid to determine the coin’s price.
The Pricing Grid
The following is the pricing grid for the 2014 50th Anniversary Kennedy Half-Dollar Gold Proof Coin:
|Average Price of Gold||Gold Coin Price|
|$1000.00 to $1049.99||$1,052.50|
|$1050.00 to $1099.99||$1,090.00|
|$1100.00 to $1149.99||$1,127.50|
|$1150.00 to $1199.99||$1,165.00|
|$1200.00 to $1249.99||$1,202.50|
|$1250.00 to $1299.99||$1,240.00|
|$1300.00 to $1349.99||$1,277.50|
|$1350.00 to $1399.99||$1,315.00|
|$1400.00 to $1449.99||$1,352.50|
|$1450.00 to $1499.99||$1,390.00|
|$1500.00 to $1549.99||$1,427.50|
|$1550.00 to $1599.99||$1,465.00|
|$1600.00 to $1649.99||$1,502.50|
|$1650.00 to $1699.99||$1,540.00|
The debut price of the 2014 50th Anniversary Kennedy Half-Dollar Gold Coin will be announced on Wednesday, July 30, as it goes on sale on Tuesday, Aug. 5. It’s important to note that the price of the coin may change shortly after its release, specifically by Wednesday, Aug. 6.
Current Gold Coin Price
If the 24-karat Kennedy half-dollar were to be issued today, its price would be $1,277.50, considering the current average gold price falls within the range of $1,300 to $1,349.99. For every $50 change in the price range, the gold coin’s price will be adjusted by either $37.50 higher or lower.
About the 24K Kennedy Half Dollar
The 24K Kennedy Half Dollar is produced at the United States Mint at West Point and carries the “W” mint mark. The obverse side of the coin features the original 1963 sculpt of Kennedy created by United States Mint Sculptor-Engraver Gilroy Roberts, which was first introduced on the 1964 Kennedy halves. The portrait has undergone slight modifications over the years but will remain the same on all 50th anniversary Kennedy coins. In addition to its precious metal content, the gold coin stands out from the other anniversary halves with its dual date 1964-2014, while the other coins will only bear the 2014 year.
The reverse side of the coin showcases the standard heraldic eagle design with a shield on its breast, holding a symbolic olive branch and a bundle of 13 arrows. This design was created by United States Mint Sculptor-Engraver Frank Gasparro and has been used on Kennedy half-dollars since their inception in 1964.
Ordering and Limits
The 2014 50th Anniversary Kennedy Half-Dollar Gold Coin will be available for purchase starting at noon ET on Aug. 5, 2014, from the official United States Mint website (www.usmint.gov/catalog). For those attending the 2014 Chicago World’s Fair of Money in Rosemont, Illinois, from Aug. 5-9, they will have the opportunity to purchase the coin in person at the event.
Please note that there are currently no defined mintage limits for this coin, but orders will be limited to five per household. Each coin will be packaged in a single, custom-designed, brown mahogany hardwood presentation case, complete with a removable coin well and a certificate of authenticity.