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 Replies: 27 / Views: 3,445 |
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Pillar of the Community
United States
619 Posts |
I was wondering what everyone else does with circulated 40% halves. They turn up a lot more often than 90%, but take up a lot more space per ounce.
For a while, I was keeping them, but then I found someone who gave me a good deal on them. Now, I get a roll or so, and sell them and/or swap them out for 90%. Edited by CPC24
07/14/2012 11:34 pm
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Pillar of the Community
United States
3184 Posts |
I'd dump the 40% and get 90% or 999 silver or gold coins. 40% is not sought after
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Pillar of the Community
United States
1391 Posts |
I keep them. They don't take up that much more space unless you have a heck of a lot more of them than I do.
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Pillar of the Community
United States
538 Posts |
I agree if you can get a good deal for them then I say sell them and flip them for 90% or some .999 now if you could find a good trade that would get you closer to a 1:1 trade off on silver content that would be ideal. I'm new to PM though so I don't know how likely that is.
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Valued Member
Canada
119 Posts |
 Keep them. |
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Pillar of the Community
United States
4333 Posts |
Quote:
I'd dump the 40% and get 90% or 999 silver or gold coins. 40% is not sought after
That's what I've done all along. I don't regret it one bit. When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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Pillar of the Community
United States
2661 Posts |
Nice AU/BU examples I keep. The rest I now put into 2x2's and take them to several auction houses and have them sold for me. The auctioneer gets a 10% cut and I get the rest. They will go for any where between $8-$15 each at the auction, much more than I would get selling or trading. Some would say that what I do is unethical, but I have no involvement in the selling process and the auctioneer in no way misrepresents my items. The buyers are the same people who regularly pay $10 for circulated Ike's or $250+ for a roll of common date Buffalo's "because they are silver".
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Pillar of the Community
United States
809 Posts |
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Pillar of the Community
Canada
1723 Posts |
I like the thought of turning 40 and 50% into something more pure. Been contemplating selling my junk silver too. The plan was to turn it all into pure bullion but it turns out I like the variety. So now I'm going to keep a roll of quarters and a roll of dimes, maybe 2 and sell the rest.
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Bedrock of the Community
United States
36745 Posts |
I have always turned over the 40% as soon as I get them. I like holding 90% far more.
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Pillar of the Community
United States
1590 Posts |
I honestly believe that after "The Great Silver Scraping", that 40 percent Kennedy's will be a rarity.
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Bedrock of the Community
United States
36745 Posts |
Quote:
I honestly believe that after "The Great Silver Scraping", that 40 percent Kennedy's will be a rarity. That may take many years before that happens. Don't think I'll live that long. |
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Valued Member
United States
161 Posts |
Where is this auction house !
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Pillar of the Community
United States
1590 Posts |
Not as many years as you might thing. By most estimates 80 to 90 percent of all coins ever minted in the United States have been melted. Many coins such as Roosevelt dimes are perceived to have no value over melt. I retrieved a BU ROLL of 1954 S Roosevelt dimes from a scrapers bucket last summer, and was told that was nothing as the dealer I got it from said he has had so much turned in that he kept one roll of each year and date and mint mark for future sales and scraps the rest. There is a huge misconception as to the "infinite" supply of scrap silver coins. |
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Valued Member
United States
385 Posts |
I'd say sell them as scrap, 40% Halves are not that collectible, but I suggest that you keep one or two.
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Pillar of the Community
United States
1770 Posts |
everything silver is collectible even the 40s have a huge demand, I personally keep every silver coin I find ( buying as well )
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Replies: 27 / Views: 3,445 |
Posted 07/15/2012 02:26 am
