Coin and Paper Money Collecting/Linciln Mint JFK Medals

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Expert: - 2/21/2009


Question
I have a complete set (#3301) of The Lincoln Mint JFK Commemorative Medal - 36 total medals.  They are made of 1 oz Sterling Silver.  I have been researching a price but cannot find anything.

While they are a proof medal, they are not in sealed coin holders and I cannot vouch for a true proof medal.  Also, some are starting to have the "rainbow" effect around the edges.

Can you give me an estimate of worth or a site to go to find out?

Thank you. -- dc

Answer
Doug,

Sorry but there is almost no re-sale market for these items -- other than for the silver they contain.

At approx. $13.50 per ounce ....

36 X .925 (Sterling) X 13.50 = approx. $450 melt value.

You could expect to get $400 to $420 from a dealer.

As the price of silver changes, so will the price of this set.

The rainbow toning has no effect on the price.

I hoe this helps,

Dan

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Dan Moore

Expertise

My strong familiarity with all U.S. Mint coins, extensive reference library, and close relationships with many other dealers allows me to identify just about any coin made in the USA. I receive regular updates to all the current price guides -- both wholesale & retail -- to provide accurate values. So, with a good description or pictures, I should be able to identify and value any U.S. coin you have.

Experience

I've been a coin dealer since the 1980's and a coin collector since the 1960's. I specialize in U.S. Silver Coins and have an active online website -- The Working Man's Rare Coins -- http://www.workingmancoins.com -- offering information and inventory in U.S. coins.

Organizations I belong to :
American Numismatic Association Member #187770
Michigan State Numismatic Society Member #8255
Florida United Numismatics Member #19710
Monroe Coin Club Treasurer
Lincoln Coin Club Board Member
WINS Member #14
CoinMasters Member #1814

Frequently Asked Questions :
I have created a Frequently Asked Questions page on my website, where you may be able to get an immediate answer to your question. You can find the page here :
http://www.workingmancoins.com/FAQ/index.htm


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