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 Replies: 22 / Views: 4,492 |
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Pillar of the Community
Sweden
1078 Posts |
Personally I think anything less than 40% is to be considered less serious. I say that because .400 silver coins surround me and is what I can find in change.
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Pillar of the Community
United States
814 Posts |
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For me, any coin in the silver stack needs to at least 90%. Numismatic coins can be less. This. Although for stacking purposes, I'll go down to 80% as I have several Canadian silver dollars in my stack. And the other exception is 40% Ike dollars; silver dollars are always a good thing in any purity. I would like to get a nice 10% Peso though, just to say I have one for my collection. Edited by hcmusicguy
08/14/2015 09:23 am
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Pillar of the Community
United States
562 Posts |
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I would like to get a nice 10% Peso though, just to say I have one for my collection. The 10% pesos are neat to own, really affordable and available in Mint State. I can also recommend the 72% 1968 Olympics 25 pesos, but those may have a premium over silver in higher grades. A circulated one can be had for around melt if not under on occasion. There are also three types for this coin, making it a fun introductory "mini-series" for those interested in Mexican coins. |
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Pillar of the Community
United States
2637 Posts |
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50% silver - British after 1919, Australian after 1945, I have purchased these for scrap (or a little less) and sold some that had numismatic value for multiples of scrap. Someday I would like to go to Britain and try to spend some 50% silver. Quote:
The 10% pesos are neat to own, really affordable and available in Mint State. All the 10% pesos I have owned were purchased out of (nonsilver) junkboxes. Quote:
The only coin I have ever sold are 40% silver halves, by the hundreds I like to pick up 40% halves at the banks for face, and trade them for bullion. I remember once buying 14 ASEs for $70 face value in 40% halves. I would happily do that again. |
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Pillar of the Community
United States
562 Posts |
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All the 10% pesos I have owned were purchased out of (nonsilver) junkboxes. Even better!  |
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Valued Member
 Australia
208 Posts |
Good point X2an. I can respect 40% from change or coin roll hunting, though I would not buy it at a shop.
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Pillar of the Community
United States
992 Posts |
I'll gather up all the .400 fine and better coinage I can get, but the .100 Mexican pesos to me are not worth it. The .720 pesos are generally available for about 3x or 4x the cost of the .100 pesos, which is a better deal. Nicer looking coin, too.
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Pillar of the Community
United States
632 Posts |
I don't entirely understand the prejudices against 40% halves and 35% nickels. I can buy and sell them just as easily as 90 percent. Yeah they're not as pure but...why should I care?
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Valued Member
Australia
208 Posts |
Maybe it is different for you Elimist, but in my experience, there are fewer buyers for 35% and 40%, and also, they sell for a lower percentage of the silver content. A good deal is a good deal though, whether it is on .999 or .35, so there is no really definitive answer for this thread, just peoples' thoughts and opinions. I know that I became interested in Canadian 80% because the premiums on US 90% were getting too high, and I wanted a "better deal".
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Pillar of the Community
United States
602 Posts |
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what % silver content is too low to take seriously? Depends on who you ask because this might just be a point of opinion. I saw some hate for 35% War Nickels, but I like those. I like any silver coin, although I would definitely need a calculator to figure out the melt value of something that has a weird percentage of silver, like 22% silver or something like that. |
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Valued Member
United Kingdom
298 Posts |
There is no definitive answer to this, you simply have to know the sort of buy and sell price for each % of silver specific to your country. I could sell 40% Kennedys at the equivalent of $6-7 each no problem at all but in the UK there is just no way you can pick them up regularly below spot.
In the UK 50% silver is very liquid, because it's the norm. I'd imagine it's the same in Sweden with the 40% stuff.
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Pillar of the Community
Sweden
1078 Posts |
Well, in Sweden the most common percentage is 40% (all silver denoms 1942-1962), but we've also got 80% with larger coins (1875-1942) and it's much more liquid, as evidenced my their market. Personally, if I would stack only for the silver, I'd definitely do only 80%, but I care for more than just silver.
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Pillar of the Community
United States
4333 Posts |
It's interesting to anyone that remembers 1980, $50 silver and the Hunts. We couldn't give away the 40% silver halves, I believe because of the refining costs. The Hunts wanted as pure of silver as possible as they cornered the market.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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Valued Member
United States
493 Posts |
40% is selling pretty good right now, or I'm seeing more of it out for sale, figuring since 90% premiums are up. I only enjoy the 40% I do have because they are kennedy.
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Pillar of the Community
Canada
3692 Posts |
Anything under .900 is a waste of time.
Why?
Read my hundreds of posts on the topic.
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Replies: 22 / Views: 4,492 |
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First Page
Posted 08/14/2015 09:23 am
