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Coin and Paper Money Collecting/1967 SMS Kennedy Half Dollar MS66

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Question
I'm looking at this coin to purchase thru E-bay at $25.30, but also says to "make offer".  Looking at your previous posts, it says that it needs to be in org. holder to be worth anything.  This coin is graded by NGC @ MS66...is it worth anything? or what should I offer?

Nancy

Answer
Nancy:

My personal opinion is not to purchase modern coins, raw or certified, at any price. They are not unusually rare, and most any premium is dealer hype. If you were try and sell the same coin to many dealers, you'd likely get no more than a few dollars over the melt value. When you think about the 70 point system used for coins, my guess is that many SMS coins would start with a MS65 grade and go up, so a 66 is not that high.

A NGC MS66 1967 SMS half was offered at $27.00 "Buy Now", or an opening bid of $19.00 back on Jan 13. It did not get a bid.

I'd rather have a nice, 90% UNC to BU silver half from the late 1940's through mid 1950's for the same price.  

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Ronald Fern

Expertise

I can answer most all questions relating to US coins, tokens, and currency. I'm not strong on world coins or ancients. Primary field of expertise is errors and varieties. Over 55 years experience in coin collecting. Part time dealer since 1976. Employed by McDonnell Douglas/Boeing for over 34 years as an Industrial Engineer/Technical Specialist before retiring in 2002.

Experience

Worked weekends for "Lonesome" John in the late 1960's to mid 1970's processing error coins, packaging, and preparing orders. Worked with John Devine and Fred Weinberg on several California Error A Rama's in the early 1970's. Served as display judge at annual Error-A-Rama coin shows. Opened and operated mail order coin business DBA "CAL ERRORS" in 1976. Contributor to Alan Herbert's "Official Price Guide To Mint Errors" and Fivaz/Stanton "Cherrypickers' Guide". Worked Saturdays at Huntington Beach Coin Exchange 1980-1999. Had table and sold coins at a number of coin and gun shows in So CA, AZ and NV. Sell coins, tokens and currency on Facebook. Past "Errorscope" Editor. Presently CONECA Examiner.

Organizations
ANA, CONECA, CWTS, NLG

Publications
Errorscope, Numismatic News, Civil War Token Journal, Error and Variety News

Education/Credentials
AA Degree LBCC pre Engineering, 1964 BS Degree CSULB Ind Technology, 1968

Awards and Honors
1st Place EAR Trophy for Civil War Token Errors, NLG Author of Year Award for best monthly coin column "Error News and Views" in small Numismatic paper, owned and published by Ray Anthony.

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