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Is This A Good Deal?

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Author Previous TopicReplies: 7 / Views: 1,442Next Topic  
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murty's Avatar
United States
1353 Posts
 Posted 10/27/2010  6:29 pm Show Profile   Bookmark this topic Add murty to your friends list Get a Link to this Message Number of Subscribers
For sale near my home...I can pick them up.--ALL FOR $75
Norfed 2000 .999 Oz Silver Uncirculated Coin
1942 D Walking Liberty half dollar
1942 Walking Liberty half dollar
1942 Walking Liberty half dollar
1945 D Walking Liberty half dollar

1951 D Franklin half dollar
1954 D Franklin half dollar
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Adam_E's Avatar
United States
4846 Posts
 Posted 10/27/2010  6:51 pm  Show Profile   Bookmark this reply Add Adam_E to your friends list Get a Link to this Reply
its a little more than melt. so yeah, its a pretty good deal
Valued Member
ACE Mike's Avatar
United States
438 Posts
 Posted 10/27/2010  7:22 pm  Show Profile   Bookmark this reply Add ACE Mike to your friends list Get a Link to this Reply
Melt value on the half dollars is about $8.50 each based on $23.50 silver bullion. Obviously, melt on the one ounce round is $23.50. So you have $23.50 plus 6 times $8.50 for a total melt value of $74.50, so it is a decent deal no matter what the condition of the coins.

ACE Mike
Bedrock of the Community
United States
20753 Posts
 Posted 10/27/2010  8:17 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
The problem with melt is who will buy those from you for so called melt? It's always easy to say those are a good deal since the Silver itself is worth that but just who can you sell them to for your $75? Remember that if you approach a coin dealer, jewler, etc. they will not give you MELT Prices since they too must make a profit.
Think of it like this. You have a car that everyone says is worth $10,000. Then you try to sell it for that and you find out no one will pay that for that car. So is it worth $10,000?
Everyone constantly says a Silver coin is worth MELT but WHO WILL YOU SELL IT TO FOR THAT?
Valued Member
RealPeso's Avatar
United States
426 Posts
 Posted 10/27/2010  8:25 pm  Show Profile   Bookmark this reply Add RealPeso to your friends list Get a Link to this Reply
If youre gonna hoard it and you have a feeling silver might be going up go for it! On the other hand if you wanna turn it around and make a profit in the short term, just carl has a valid point.
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murty's Avatar
United States
1353 Posts
 Posted 10/27/2010  9:31 pm  Show Profile   Bookmark this reply Add murty to your friends list Get a Link to this Reply
point well made. thanks
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BH1964's Avatar
United States
10982 Posts
 Posted 10/28/2010  02:02 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
I'd buy them unless the halves are really rough. I just don't like heavily worn silver coins. Some Walkers that are worn slick are not worth buying unless under melt IMHO. Some people collect those Norfed rounds and it's worth $25 itself.
ANA #R3154474
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Dvorak's Avatar
United States
55 Posts
 Posted 10/28/2010  09:37 am  Show Profile   Bookmark this reply Add Dvorak to your friends list Get a Link to this Reply
If I'm paying full melt on 90% silver coinage (for the purpose of bullion), it better be XF+. Anything above melt and I would want it to be AU+. Some of those slicks can be well below the .715 toz./$ face rule of thumb.
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