Coin and Paper Money Collecting/1974-D Kennedy Half DDO

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Question
QUESTION: I recently purchased a 1974-D, Kennedy Half dollar, DDO, coin from a respected dealer. I feel that I paid a fair price for it at under $20. The coin is part of a sealed mint set, having never been opened. My question is this: a) is this Doubled-Die variety coin worth, or might it become worth, having it graded by a third party? b) Also, I've never submitted to a TPG before. Should the coin be submitted in its government Mint Set sealed packaging (along with the other Mint Set coins)? I know this coin is not particularly valuable, but my interest is that it could become more valuable in time. Your advice would be much appreciated. Jack Jackson

74-D 50c c/u
74-D 50c c/u  
74-d 50c ODD EDS
74-d 50c ODD EDS  
ANSWER: Depends on the double die and the die state. A nice 74-D EDS can bring $100 to $150. Cost to grade and insure/shp both ways would likely run $20 to $30 plus grading. Error/Variety attribution is extra. Total cost would likely be in the $50 to $60 range. Unless this is an EDS and a MS64 or higher, I'd opt not to have it graded by a 3rd party.

---------- FOLLOW-UP ----------

QUESTION: I appreciate the advice and will follow through with your recommendation. For clarity, implied in your answer, that I shouldn't hesitate to open the sealed packaging. Obviously, I can't speculate on the coins grade or know if it's an EDS unless I break it open. I thought that leaving it sealed would establish its provinance, but if I'm not going to submit it to a TPG, it won't matter. Does that sound about right?

Answer
Yup. If you live near any major shows, you can take the coin there and get a verbal opinion, likely free of charge.

I've found several in mint sets. The coin I sent pics of just was sold on an FB coin related page in auction (with no other bid) at $49. That coin was an EDS in my opinion. I'd opt not to remove from original mint packaging. The price you paid was fair IMO.

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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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