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How the US Mint makes over $97.50 per set on Kennedy Half Dollars

October 28, 2014 @ 2:54 PM

A quick viewpoint on something that really  bothers me....   

The US Mint released 300,000 (limit) sets of a 4 pieces Kennedy Half Dollar...  (See the description info below on this coinset)   

Now it may be interesting to some collectors but my feeling is that basically the US Mint is cashing in to the tune of over $29 Million dollars in sales and profits....

Why is this a problem to the hobby, two fold, many folks buy these in the hope to turn a profit which they most likely will not see but my real objection is that the coin market currently is not strong enough in the average low priced coins catagory... 

Dealers are not buying anything other than Silver at below melt and collectors are ...

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