Videos
First gold Proof Kennedy half dollar sold at ANA draws crowd
- Published: Aug 6, 2014, 11 AM
Media swarmed Los Angeles collector Nick Yadgarov as he purchased the first gold Proof 1964-2014 Kennedy half dollar coin Aug. 6 during the American Numismatic Association World's Fair of Money.
Yadgarov bought the coion from the U.S. Mint for $1,240 after he and three others were promised $5,000 for each of the first four coins sold by dealers Kevin Lipton of Kevin Lipton Rare Coin, Beverly Hills, Calif., and David Hendrickson of SilverTowne, Winchester, Ind.
The amount paid to Yadgarov and his linemates was dwarfed by the coin's second swap price. It was sold later in the week to a different collector for $100,000, according to the dealers.
Keep up with CoinWorld.com news and insights:
Community Comments
Headlines
-
Paper Money Mar 19, 2023, 12 PM
Dutch firm warns of proliferation of euro counterfeiting
-
US Coins Mar 17, 2023, 1 PM
Week's Most Read: 2023 Morgan, Peace dollars
-
US Coins Mar 16, 2023, 2 PM
Market Analysis: Deja vu for this 1874-CC 50¢
-
World Coins Mar 16, 2023, 1 PM
Exhibition displays projection of power by the Tudor dynasty