| Author |
 Replies: 25 / Views: 4,641 |
|
Pillar of the Community
United States
1911 Posts |
So I am trying to sell stuff to save for other coins and was wondering if anyone had an idea of what to do with NIFC Kennedys? I could just deposit them for face but anyone know a place other than ebay that would give more if they are in really nice condition? Probably a pipe dream but I am curious. |
|
|
|
Pillar of the Community
 United States
5828 Posts |
Use them for trade on CCF
|
|
Pillar of the Community
 United States
1911 Posts |
I thought of that too but I will need to liquidate them before the ANA show comes around I am selling everything extra for a big one in my 7070. :D |
|
Pillar of the Community
United States
1704 Posts |
If you acquired them from circulation you probably will not get more than face value so either using them for spending money or depositing them in the bank are the most practical ways to go.
|
|
Pillar of the Community
United States
1911 Posts |
Gotcha. That is what I thought but was hoping there was another way to get a Lil more out of em. Oh well I will probably deposit them
|
|
Pillar of the Community
United States
5207 Posts |
Spend them. After siting on $1000 worth and unable to unload them last year I finally came to the realization that they aren't worth more than face. However it was nice to have used them as a savings vessel as I had $1000 to buy something else with. There are too many roll hunters trying to get rich on ebay with NIFC and common error coins. That is why 1974D DDO and 1982 no FG halves can't even get the $10 opening bid when the RedBook and price guides say they are worth 5X or even 10X that. The basic supply and demand model |
|
Pillar of the Community
United States
1911 Posts |
Sounds about right... Well thanks for the advice!
|
|
Pillar of the Community
United States
632 Posts |
Mister send me a list of what you have if you don't mind. I have some holes to fill.
|
|
Pillar of the Community
United States
997 Posts |
The problem with holding on to $1000 of circulated Kennedy halves is that that $1000 will not be worth the same later. While it will still be $1000, unless te coins appreciate in value faster than the inflation rate you will be losing money as long as you hold them. Coins are a good investment, but they have to be the right coins. Clad Kennedy halves don't appreciate, even if they are unusual. |
|
Bedrock of the Community
United States
12819 Posts |
Heck, I have a jar of IFC Kennedys that I need to turn in for exactly the reasons that n9jig mentioned. However, I'd have a hard time spending NIFC's that I found in circulation/rolls. Then again, at my rate I'd only get 1 or 2 a decade, and I think I can afford to lose to inflation on those.  |
|
Pillar of the Community
United States
2589 Posts |
1987's are usually worth a premium as are impaired proofs
|
|
Pillar of the Community
United States
1911 Posts |
Still haven't found any 1987s in the wild yet but maybe someday. @Elimist, pm sent good sir. Thanks for everyone's advice!
|
|
Moderator
 United States
188213 Posts |
I am with the consensus. Deposit them. The time and effort required would erase whatever premium you managed to get from selling them.
|
|
Bedrock of the Community
United States
20753 Posts |
1. Put them up on ebay as very, very rare Half Dollars. 2. Put them on ebay and state you found them in a basement and have no idea what they are. 3. Pass them out on Halloween instead of candy 4. Take them all to a bank. |
|
Pillar of the Community
United States
1189 Posts |
I like the idea of passing them out at Halloween. Maybe you will get some kids into coin collecting!
|
|
Pillar of the Community
1153 Posts |
Or you might get them thrown back at your porch; kids these days...
|
| |
Replies: 25 / Views: 4,641 |
Posted 05/27/2015 6:59 pm
