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Cheap '64 Kennedy

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Author Previous TopicReplies: 12 / Views: 1,360Next Topic  
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m9frank's Avatar
United States
628 Posts
 Posted 02/01/2008  7:34 pm Show Profile   Bookmark this topic Add m9frank to your friends list Get a Link to this Message Number of Subscribers
I can buy AU to BU 1964 Kennedy half dollars for $5 at 2 coin shops in the area. The same shops offer Good (maybe) Walkers for $6 to 6.50. Both are 90% silver, right? I have been buying them a bit at a time. What gives?
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collect4fun's Avatar
United States
1151 Posts
 Posted 02/01/2008  7:41 pm  Show Profile   Bookmark this reply Add collect4fun to your friends list Get a Link to this Reply
Yes they are both 90% silver.

Do they do mail order?
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Lucky_13's Avatar
United States
749 Posts
 Posted 02/01/2008  7:58 pm  Show Profile   Bookmark this reply Add Lucky_13 to your friends list Get a Link to this Reply
Good question collect4fun..Do they do mail order?
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Nelrak's Avatar
United States
974 Posts
 Posted 02/01/2008  9:00 pm  Show Profile   Bookmark this reply Add Nelrak to your friends list Get a Link to this Reply
$5 a piece...I'll take a few rolls!
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bigcartwheels's Avatar
United States
40 Posts
 Posted 02/01/2008  9:05 pm  Show Profile   Bookmark this reply Add bigcartwheels to your friends list Get a Link to this Reply
what gives, is that the walkers are much more valuable than the Kennedy's, because I have heard that the 64 Kennedy half was saved by collectors more than any coin in history
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mahgobbi's Avatar
United States
549 Posts
 Posted 02/01/2008  10:40 pm  Show Profile   Bookmark this reply Add mahgobbi to your friends list Get a Link to this Reply
It doesn't matter which is more valuable...they are both steals at that price because it's considerably less than melt value. I'd take them in cull condition at that price.
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JimR's Avatar
United States
1490 Posts
 Posted 02/01/2008  10:53 pm  Show Profile   Bookmark this reply Add JimR to your friends list Get a Link to this Reply
So where is this coin shop at?

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bigcartwheels's Avatar
United States
40 Posts
 Posted 02/02/2008  4:59 pm  Show Profile   Bookmark this reply Add bigcartwheels to your friends list Get a Link to this Reply
IMO these are reasonable prices, but these are the norm in my area of the world as well, and I didn't think of this as a super buy
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eaglefoot's Avatar
United States
6326 Posts
 Posted 02/04/2008  12:07 pm  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
WOW ! I've only been in our coin shop a few times........... I'm heading back there soon ! Maybe there's a similar deal there !
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CoinHunter53562's Avatar
United States
2049 Posts
 Posted 02/05/2008  6:00 pm  Show Profile   Bookmark this reply Add CoinHunter53562 to your friends list Get a Link to this Reply
I've seen dealers at shows paying $5 each for them because the current intrinsic value is near $6 (this happened about a week and a half ago). I would grab as many as you can if you are into silver coins for the silver value or silver speculation.
No longer with us
United States
207 Posts
 Posted 02/05/2008  7:04 pm  Show Profile   Bookmark this reply Add 1899 to your friends list Get a Link to this Reply
I would buy all you can for $5 a piece.
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philney's Avatar
United States
231 Posts
 Posted 02/05/2008  7:29 pm  Show Profile   Bookmark this reply Add philney to your friends list Get a Link to this Reply
Buy the Kennedys if you are after the silver. They are both a reasonable deal, but the walkers are worn and you would be surprised at the amount of silver you lose when this happens. If you ever tried to sell your silver in bulk for for melt, most refineries and dealers actually weigh the coins and do not just count all the halves as the same. Buy the Kennedys.
Valued Member
United States
128 Posts
 Posted 02/05/2008  7:37 pm  Show Profile   Bookmark this reply Add Numi 63 to your friends list Get a Link to this Reply
I got a quote on some '64 Kennedys from a local pawn shop just yesterday. He wanted $6 a piece. I may even be able to get them for a bit less if I offer to buy all he has. Are they still a good deal at 6$ each? Mind you, these are all circulated and he just has them lying loose in the glass case. He also had some other siver such as Bens, Walkers, Morgan dollars, quarters, etc. It looked to me like he thinks way too much of the Morgans but I might be able to make a decent deal on much of the others. Any advice?

-Thanks.
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