2014 KENNEDY 50 CENT GOLD DENVER 1ST DAY
PF70 ULTRA CAMEO2014-W PROOF GOLD KENNEDY HALF DOLLAR - FIRST DAY RELEASE... The U.S. Mint celebrated the 50th anniversary of the 1964 Kennedy Half Dollar's release with a special gold issue. This 24 karat gold Kennedy commemorative Proof is struck in High Relief with 3/4 Ounces of .9999 Fine Gold.
This rare and popular First Day Issue gold Kennedy commemorative, 2014-W Kennedy high-relief gold half dollar is graded NGC Proof 70 Ultra Cameo with a special First Day Issue label.
The 1964 - 2014 commemorative Half Dollar in 24 karat gold is a fitting and enduring memorial honoring our former President, John F. Kennedy that generations will cherish for years to come. Very Limited Supply of the First Day Release Issues. Anyone building a set of Kennedy Half Dollars will need these gold coins to complete their full set of Kennedys'.
The Kennedy Half Dollar is one of the most popular and collected coins of the 20th century. Within hours of the JFK assassination, the Mint Director and Chief Engraver discussed depicting Kennedy on a coin. The First Lady Jacqueline Kennedy selected the half dollar for the coin's denomination as memorial to the President. About one month after Kennedy's death, Congress approved the Kennedy half dollar on December 30, 1963. The iconic design was a collaboration between the 9th and 10th Mint Engravers, each responsible for one side. The image selected appeared on Kennedy's Inaugural medal of 1961, that the late president ''personally approved.'' The coin was released in record time in February 1964, just 9 weeks after President Kennedy's death. The 1964 memorial editions of the coins were made of silver, while the 1965 issue clad in silver with a copper core. The coins were immediately hoarded, as many people wanted a souvenir of the popular late president. The Treasury Department in Washington, D.C., sold out of 70,000 coins by the end of the first day, despite rationing.
The 2014-W Kennedy gold half dollar was the hottest coin in the summer of 2014, attracting national news attention. On August 5, 2014 at 12 Noon EST, the U.S. Mint began to sell the proof gold commemorative Kennedy Half Dollar. Sales began simultaneously at three of its physical Mint facilities in Denver, Philadelphia and Washington D.C. The First Day Issue was also launched at the American Numismatic Association World?s Fair of Money in Chicago. The excitement triggered literal customer stampedes with hundreds of buyers waiting in long lines overnight. Sales were restricted to one coin per person per day, and the First Day Issue coins sold-out within hours of release. The initial price was $1,240, and were immediately resold in excess of $3,000 to $5000 the very same day. The first 4 coins sold at the ANA show were purchased by a dealer for $20,000 and the very first coin resold for $100K!