Coin Community Family of Web Sites
Like us on Facebook! Subscribe to our Youtube Channel! Check out our Twitter! Check out our Pinterest!
Username:
Password:
Save Password
Forgot your Password?


Welcome Guest! Need help? Got a question? Inherit some coins?
Our coin forum is completely free! Register Now!

Proof Silver Kennedy's May Have A Future?

First Page | Previous Page
Showing last 15 replies.
 
To participate in the forum you must log in or register.
Author Previous TopicReplies: 49 / Views: 6,785Next Topic
Page: of 4
Bedrock of the Community
United States
17609 Posts
 Posted 08/12/2021  6:17 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
How old do you have to be, to be an old timer? LOL

Well for starters you have to be about 60 years old to even remember silver in everyday circulation. If you are much younger that that, why have a fascination for silver and a hated of clad? You've never used anything but clad.
Gary Schmidt
Pillar of the Community
United States
6423 Posts
 Posted 08/12/2021  11:14 pm  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
Well, I'm an "old timer" but I do like many modern coins but dislike clad coins. I like modern silver proof sets, American Silver Eagles and silver and gold modern commemorative coins.
Valued Member
United States
238 Posts
 Posted 08/13/2021  10:31 am  Show Profile   Bookmark this reply Add Raised on rock to your friends list Get a Link to this Reply
According to cladking's description, I am for sure an old timer. My main collections start with the Barbers and Indian heads, but I still have that urge to fill holes with the moderns.
New Member
United States
40 Posts
 Posted 09/30/2021  8:22 pm  Show Profile   Bookmark this reply Add jmgi2020 to your friends list Get a Link to this Reply

Quote:
Don't invest in any coin but if you are interested in any moderns now is the time to acquire them because most prices are still at rock bottom (you can buy 90% silver proofs at melt) and those on the way up are not coming back down for the foreseeable future.


I don't know of anyone selling the 90% silver proofs at melt, unless they were run over by a truck.
Pillar of the Community
United States
1824 Posts
 Posted 10/01/2021  08:59 am  Show Profile   Bookmark this reply Add cladking to your friends list Get a Link to this Reply

Quote:
I don't know of anyone selling the 90% silver proofs at melt, unless they were run over by a truck.


I probably should have said "based on melt" and it's been some years since I've seen this price.

Wholesale prices can be pretty low on some things. With the low mintage of the silver proofs and increasing demand it would hardly be surprising if a market is developing here.
Time don't fly, it bounds and leaps.
New Member
United States
40 Posts
 Posted 10/02/2021  8:17 pm  Show Profile   Bookmark this reply Add jmgi2020 to your friends list Get a Link to this Reply

Quote:
With the low mintage of the silver proofs and increasing demand it would hardly be surprising if a market is developing here.


I'm with you on that. I haven't been to a good coin show in quite a while, but on Ebay at least, I'm amazed at the prices being paid for the raw silver proofs of the last 10 years.
Edited by jmgi2020
10/02/2021 8:18 pm
Pillar of the Community
United States
1851 Posts
 Posted 10/02/2021  8:27 pm  Show Profile   Bookmark this reply Add NumisEd to your friends list Get a Link to this Reply
Don't forget that for sellers to make a profit on eBay, they must price their coins at least 10-15% higher (than melt) in order to recoup the eBay fees.
New Member
United States
40 Posts
 Posted 10/02/2021  8:32 pm  Show Profile   Bookmark this reply Add jmgi2020 to your friends list Get a Link to this Reply

Quote:
Don't forget that for sellers to make a profit on eBay, they must price their coins at least 10-15% higher (than melt) in order to recoup the eBay fees.


That's true. I guess I need to hit a coin show, that would give me a better idea of the true prices being paid for them.
Valued Member
United States
103 Posts
 Posted 10/12/2021  10:34 pm  Show Profile   Bookmark this reply Add Fig to your friends list Get a Link to this Reply
Sounds good to me I have 1,1967 silver Kennedy,price increase would make me happy.
New Member
United States
40 Posts
 Posted 10/13/2021  6:35 pm  Show Profile   Bookmark this reply Add jmgi2020 to your friends list Get a Link to this Reply

Quote:
Well, I'm an "old timer" but I do like many modern coins but dislike clad coins. I like modern silver proof sets, American Silver Eagles and silver and gold modern commemorative coins.


I will second you on the modern silver proof sets

If you can get the complete proof set, or even the stand alone quarter sets for a real good price, they make great coins for your silver stack, but they have to be as close to melt as possible. The deals are out there.
Valued Member
United States
252 Posts
 Posted 11/13/2021  09:29 am  Show Profile   Bookmark this reply Add Dowhat to your friends list Get a Link to this Reply
Made my weekly 90% purchase 2 days ago. I decided to buy halves as no Britannia's or Maple Leafs available. There were 5 90% Kennedy Proofs among them so how I could I pass them up. 1993x1, 1996x1, 2005x1, 2010x2.
So melt seems to be higher than numismatic value. Into the stack they go.
New Member
United States
40 Posts
 Posted 11/13/2021  3:40 pm  Show Profile   Bookmark this reply Add jmgi2020 to your friends list Get a Link to this Reply
[quote]Made my weekly 90% purchase 2 days ago. I decided to buy halves as no Britannia's or Maple Leafs available. There were 5 90% Kennedy Proofs among them so how I could I pass them up. 1993x1, 1996x1, 2005x1, 2010x2.
So melt seems to be higher than numismatic value. Into the stack they go./quote]

I assume that the Kennedy proofs were impaired in some way to be selling so cheap?
Valued Member
United States
252 Posts
 Posted 11/13/2021  4:43 pm  Show Profile   Bookmark this reply Add Dowhat to your friends list Get a Link to this Reply
Of course they were, but in various degrees. The fact being, they were in the half bin. Some look as though they have bounced around a little. Some more pristine. Someone broke them out. Just letting you know, 90% Silver Proofs are now showing up in the bin.
Any loose proof is impaired, regardless.
I can send an image if you like. Just know that I am not to good at proof coin images. Each is like Cameo and that is time consuming , especially if I try to do 5 at once.
I would be glad to trade for some battered Franklin's if someone would like them. 4 out of the 5 were over 12.50g.
Real pretty, but to me, silver is silver.
If it ever comes to it, the shiney one will be the same as the battered one. Unless everyone starts weighing it. Until then, no matter to me. I stack and do not collect. Except I am hooked on Lincolns. That's a different story
Valued Member
United States
252 Posts
 Posted 11/13/2021  5:17 pm  Show Profile   Bookmark this reply Add Dowhat to your friends list Get a Link to this Reply
1993-S 12.69g
1996-S 12.72g
2005-S 12.52g
2010-S 12.63g
2010-S 12.70g
Valued Member
United States
252 Posts
 Posted 11/13/2021  5:23 pm  Show Profile   Bookmark this reply Add Dowhat to your friends list Get a Link to this Reply

Page: of 4
Previous TopicReplies: 49 / Views: 6,785Next Topic  
First Page | Previous Page
Showing last 15 replies.
 
To participate in the forum you must log in or register.





Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2022 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2022 Coin Community Forums
It took 0.34 seconds to rattle this change. Powered By: