JFK Half Dollar Roll Hunters: Silver, Proofs And Other Finds

That would be one awesome find 90percenters



You'll get better as time goes on. I've been typing for half my life so I've gotten pretty good.

yeah i'd like to see the barber too. that's a great find.

also, 90percenter, you could really make your responses easier to read by throwing in a few periods here or there. heh, reading your post made me feel ADD.

How can anyone have $20,000 to spend on rolls of coins? If I had that I could pay off nearly 1/3 of my mortgage.

Anyway, I went to the bank today to deposit my wife's paycheck and saw a silver half in the teller's tray. Of course, I had no cash or change on my and I was in a hurry to get home. I carpool to work, so my ride was the one who took me to the bank in the first place, so when I got home, I grabbed some change and walked the mile or so back to the bank to get that half. I got in the bank, and luckily the teller I had deposited with earlier was still there. I went to her window and saw that the half was still there at the end of a long line of other halves. I gave her my slip from the coin counter machine and said "I'd like it in half dollars please." She proceeded to grab halves from the middle of the stack, avoiding the one on the end. I stopped her and said, "actually, there's one specific half in your stack I'd like, that one on the end." She then asked me "Why? Is it because it has nickel in it?" I told her "actually, it has silver in it." She then dropped it on the counter as if to see if it really was silver. It ended up being only 40%, a 1966, but I wasn't going to let a silver half slip away from me just because I didn't have 50 cents on me. It's also the first silver half I've got from circulation and that I paid face for.

I'd rather pay off the mortgage so I don't have to pay that bill every month anymore and could actually save some money. If I didn't have a mortgage payment, that's extra money that I would be able to keep from my paycheck rather than mailing it away to the mortgage lender. Also, I have a fixed rate mortgage, so I'll always pay the same interest regardless of inflation.

This is obviously not the forum to discuss finances. However, for simplicity purposes say you owe $100,000 on your house at 5% fixed. That means you pay $5,000 a year in interest. If you pay off the mortgage at 5% but can get 10% in your checking account, you are losing 5% interest, roughly. The wealthy always have mortgages...they make more money elsewhere.

If I pay directly towards the principal, I don't pay interest. Also, any amount I pay over my monthly mortgage payment goes directly towards my principal, no interest. So if I pay $20,000 on the principal, I'm paying no interest on that.

Not to drag this conversation on any longer or to detract from the topic of JFK halves, but here's how I look at it: If I pay off the $73,000 left on my house, my house is paid for and I'm done, I don't have to worry about it anymore, all I have left are taxes, insurance, and utilities. I'm not sure where you came up with the idea of earning 10%, because the idea of taking money that I have and giving it to someone else so that I no longer have it doesn't sound much like earning to me.

Hopefully picking up another box on Thursday! My 6 rolls today = nada.