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How Much Of An Discount Would You Need To Consider 40% Halves?

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First Page  Showing last 15 replies.
Author Previous TopicReplies: 26 / Views: 3,843Next Topic Page 2 of 2
Bedrock of the Community
United States
11951 Posts
 Posted 02/09/2017  06:50 am  Show Profile   Bookmark this reply Add GR58 to your friends list
I understand what Joe2007 is getting at ...

Most everything has a price point where it makes it a good
deal. Of course 40% and War Nickels are not as popular, but
would you pay face if you knew you could sell them at two
or three times face?

I do not seek out 40% or War Nickels .. but if I am buying
a collection I check what local shops are paying and try to
purchase 10% back of that. Depending on what silver is doing,
I might flip them right away .. of if silver is trending up
I will hold on to them until something else I want comes
along.

Pillar of the Community
United States
4211 Posts
 Posted 02/09/2017  08:50 am  Show Profile   Bookmark this reply Add Debrajc to your friends list
I wouldn't buy 40% Kennedy halves or War Nickels at a premium...but that's just me.
I'm just not a fan.
Pillar of the Community
United States
2637 Posts
 Posted 02/09/2017  6:45 pm  Show Profile   Bookmark this reply Add Arkie to your friends list
Last year I sold some for 4 x face at a coin show, but I'm not sure I could do so again.
Pillar of the Community
United States
1963 Posts
 Posted 02/09/2017  6:49 pm  Show Profile   Bookmark this reply Add coin197 to your friends list
I sold at 3.5x at a coin show this year. They just aren't selling at my DCC auctions below melt.
Bedrock of the Community
United States
11951 Posts
 Posted 02/09/2017  7:30 pm  Show Profile   Bookmark this reply Add GR58 to your friends list
I would be curious about opinions .. if the question added 40% Ike's
Pillar of the Community
United States
1201 Posts
 Posted 02/09/2017  10:17 pm  Show Profile   Bookmark this reply Add LibertyEagle20 to your friends list
Only if they are BU and melt price or under.
Valued Member
United States
456 Posts
 Posted 02/09/2017  11:41 pm  Show Profile   Bookmark this reply Add AES to your friends list

Quote:
I would be curious about opinions .. if the question added 40% Ike's


I collect both 40% halves and dollars but only in 66 or better grade. Beautiful coins.

I wouldn't bother with either for the silver content alone. I'd rather buy a sterling dinner spoon.
Pillar of the Community
Australia
7096 Posts
 Posted 02/11/2017  07:07 am  Show Profile   Bookmark this reply Add trout1105 to your friends list

Quote:
Yes here in the states it's completely legal to refine 40 and 90% silver coin


Thanks' for that
I could be wrong But I would imagine that the refining costs for the 40% coins would be higher than it would be for the 90% coins because of the different Silver yields.
IF this is the case then that extra cost would have to be taken into account when buying the 40% coins I would think.
Valued Member
United States
487 Posts
 Posted 02/11/2017  10:29 am  Show Profile   Bookmark this reply Add rastatodd to your friends list
Hello,
Back in 2011 when silver was nipping at the $50 mark every johnny come lately wanted every thing silver even your 40% Kennedy halves and those dirty 35% Jefferson nickels. People on a budget could get in the game with purchasing those red headed freckle face step children I just mentioned. I buy them only at a good price to melt and hold while using capital I don't mind not seeing for some time. I'm the sort of stacker that buys and holds. Just saying how I go at stacking the dirty silver, but might not be your cup of tea.
Pillar of the Community
United States
869 Posts
 Posted 02/11/2017  10:34 am  Show Profile   Bookmark this reply Add flag4 to your friends list
I don't go out of my way to look for them, but if the price is right, I'll buy.
Already have a collection of "blue" Ikes. I like them . .
Valued Member
United States
455 Posts
 Posted 02/11/2017  11:31 pm  Show Profile   Bookmark this reply Add Webekin to your friends list
I search boxes looking for silver! No investment cost, just my time! Searched 66 rolls to find a 1966 half 40%! Webekin
Pillar of the Community
United States
3843 Posts
 Posted 02/11/2017  11:54 pm  Show Profile   Bookmark this reply Add Joe2007 to your friends list
Thanks for the responses folks! The 40% silver halves mentioned in my opening post were purchased at 70% of melt so I think I did fairly well.
Valued Member
United States
467 Posts
 Posted 02/13/2017  2:22 pm  Show Profile   Bookmark this reply Add oober to your friends list
Back in the day I used to sell 40 1/2's at 90% of spot bought at 80% of spot. Little bit more for 40% IKes and Quarters.
Pillar of the Community
United States
4333 Posts
 Posted 02/13/2017  5:11 pm  Show Profile   Bookmark this reply Add fistfulladirt to your friends list
Couldn't give away 40% halves until about 2010 on the run-up. 70% of melt today is about right, IF you can find a buyer.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
Valued Member
United States
493 Posts
 Posted 02/23/2017  10:09 pm  Show Profile   Bookmark this reply Add everything to your friends list
Due to discount it was said these were good for beginner stackers, you get more silver for your money. I've heard preppers like 40% and I'm sure 90% as well. The 40% seem to have fallen out of popularity lately and I'm not seeing many for sale which means they are collecting dust for right now. 90% sales seem to be fairly brisk as the premiums seem to be somewhat more fair when prices are increasing as I tend to think that dealers can get good deals on larger lots and flip them quicker on the upswing, which people tend to buy more when they see prices going up (lost opportunity theory or something) And even the 90% has different premium price points, dimes are not as popular as quarters, quarters as halves, halves as dollars, where the cheapest .999 can usually be had somewhere for .49-.79 over spot.
Edited by everything
02/23/2017 10:11 pm
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