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40% Silver

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BRUCE 1947's Avatar
United States
834 Posts
 Posted 03/11/2008  3:36 pm Show Profile   Bookmark this topic Add BRUCE 1947 to your friends list Get a Link to this Message Number of Subscribers
I would like your opinion ,today I sold some 40% silver halves and got $1.95 each for them your opinion good price or not ?

THE OTHER BRUCE.
Valued Member
dcarver9183's Avatar
United States
168 Posts
 Posted 03/11/2008  3:38 pm  Show Profile   Bookmark this reply Add dcarver9183 to your friends list Get a Link to this Reply
are you happy with your price? if so then who cares what others think. I personally think it's an okay deal...not great, but okay
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eaglefoot's Avatar
United States
6326 Posts
 Posted 03/11/2008  3:42 pm  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
Where did you sell them........Dealer ?.....Ebay ?......buddy?.......
Valued Member
Robberbaron's Avatar
United States
66 Posts
 Posted 03/11/2008  3:47 pm  Show Profile   Bookmark this reply Add Robberbaron to your friends list Get a Link to this Reply
The going price I am getting is $2.38 $4.76 per dollar face for 40% at the local coin store ( changes daily according to silver value). Check coin and scrap dealers in your area. some are better then others.
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CoinHunter53562's Avatar
United States
2049 Posts
 Posted 03/11/2008  3:51 pm  Show Profile   Bookmark this reply Add CoinHunter53562 to your friends list Get a Link to this Reply
Well it depends on how much you paid for them. If you got them from pocket change or from roll hunting, then you made a nice profit per item. If you have more to sell, 40% or 90%, PM me as I am always interested in buying.
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BRUCE 1947's Avatar
United States
834 Posts
 Posted 03/11/2008  4:08 pm  Show Profile   Bookmark this reply Add BRUCE 1947 to your friends list Get a Link to this Reply
I got them from roll searching and thanks for your opinions.
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KurtS's Avatar
United States
5318 Posts
 Posted 03/11/2008  4:10 pm  Show Profile   Bookmark this reply Add KurtS to your friends list Get a Link to this Reply
$1.95/5 is a nice ROI by any definition
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halfabustisbetter's Avatar
United States
1984 Posts
 Posted 03/11/2008  4:13 pm  Show Profile   Bookmark this reply Add halfabustisbetter to your friends list Get a Link to this Reply
This particular sale aside, here is a strategy you might want to consider: take your coins to wherever you sell them, and find out what they would pay you for them. Then walk away. Offer them up here in the auction section of the site with a starting bid of what you were offered for them plus actual shipping. That way you really can't lose (unless the price of silver totally tanks--and I mean totally--overnight).
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BRUCE 1947's Avatar
United States
834 Posts
 Posted 03/11/2008  4:34 pm  Show Profile   Bookmark this reply Add BRUCE 1947 to your friends list Get a Link to this Reply
Ok I will look into the auction thanks.
Bedrock of the Community
biokemist6's Avatar
United States
12437 Posts
 Posted 03/11/2008  4:39 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
Anything less than coinage silver or sterling is not really seeing full melt value right now due to low demand for it with all the 90% and .925 stuff pouring in. My local dealer is paying $2 per 40% half but he is paying either 13 or 14x face for 90%. He said that the big silver buyers are not that interested due to the availability of higher silver content material and the higher smelting costs associated with the lower percentages. Also, he almost never gets anyone over the counter asking to buy bags of 40% halves or 35% nickels- the vast majority of his silver sales are face value bags of 90%, Silver Eagles, and bars.
New Member
bigcartwheels's Avatar
United States
40 Posts
 Posted 03/11/2008  5:15 pm  Show Profile   Bookmark this reply Add bigcartwheels to your friends list Get a Link to this Reply
In my area, dealers are paying 2.25 each for the halves
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cladking's Avatar
United States
2270 Posts
 Posted 03/11/2008  6:35 pm  Show Profile   Bookmark this reply Add cladking to your friends list Get a Link to this Reply
They're paying $2.50 here.
Time don't fly, it bounds and leaps.
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philney's Avatar
United States
231 Posts
 Posted 03/11/2008  8:46 pm  Show Profile   Bookmark this reply Add philney to your friends list Get a Link to this Reply
As biokemist said, the purer the better and the buy prices are reflecting that. Interestingly enough there are still people paying upwards of 2.00 for them, but not me or any other collector I know, just newbie hoarders.
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halfabustisbetter's Avatar
United States
1984 Posts
 Posted 03/11/2008  10:12 pm  Show Profile   Bookmark this reply Add halfabustisbetter to your friends list Get a Link to this Reply
quote:
As biokemist said, the purer the better and the buy prices are reflecting that. Interestingly enough there are still people paying upwards of 2.00 for them, but not me or any other collector I know, just newbie hoarders.


Really? If a newbie hoarder (or anyone with half a brain) is able to amass a hoard of 2000 of these, he could sell them to APMEX right now for $5470. If you buy at $2 each, that's a profit of $1470. Not the kind of profit I look down my nose at, which is why I would have happily paid $2+ for The Other Bruce's silver halves.
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BRUCE 1947's Avatar
United States
834 Posts
 Posted 03/11/2008  10:37 pm  Show Profile   Bookmark this reply Add BRUCE 1947 to your friends list Get a Link to this Reply
HALFABUSTISBETTER.

Very well said.
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robert18's Avatar
United States
57 Posts
 Posted 03/11/2008  11:48 pm  Show Profile   Bookmark this reply Add robert18 to your friends list Get a Link to this Reply
$2.00 is what I can get for mine around here.
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