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 Replies: 15 / Views: 1,879 |
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New Member
United States
31 Posts |
I try to avoid 40% silver kennedy's. they take up too much space for only 40%. I prefer the 90% half dollars, but couldn't resist getting at below silver value.  |
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Pillar of the Community
United States
1187 Posts |
I avoid 40% too but for under melt you really can't go wrong!
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Pillar of the Community
United States
519 Posts |
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Valued Member
United States
493 Posts |
Kennedy's are good. In theory these are a good play because you can usually get more for your money, if/when prices go up you have garnered more oz. to sell.
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Valued Member
United States
424 Posts |
I use an app to track my collection. Part of it will tell me the current melt value of whatever PM coin I have listed. I just checked on these coins, the melt is $2.59, times 7 comes to $18.13. Yeah, they are worth it. Silver has been on a downswing lately so I would wait until it trends upward again before selling. I am guessing that you will sell these at some point?
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Bedrock of the Community
United States
11951 Posts |
Buying silver below melt .. I am all for it ..  |
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Pillar of the Community
United States
703 Posts |
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New Member
 United States
31 Posts |
Hi everyone. Thank you all for your comments. Yes I eventually will sell them. I've got about 200+ 40% Kennedys. I don't like to add more to my collection but like I said a deal is a deal. I have a local ad asking to trade 9 40% Kennedys for 4 90% Kennedys just to reclaim more space. But so far nobody has been interested. I believe I calculated correctly and the silver quantities are the same.
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Pillar of the Community
United States
1187 Posts |
The main issue I see with 40% is that they can turn green. I assume it's due to the much higher copper content than the 90%. Just make sure you store them properly so they aren't nasty looking when you try to sell.
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Bedrock of the Community
 United States
12816 Posts |
Quote:
...a deal is a deal. Amen. |
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Bedrock of the Community
United States
94367 Posts |
Well done and -  to the CCF! |
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Rest in Peace
United States
17900 Posts |
Silver in any form under spot is always lovely. That it is at least in US coins is a bonus. Congratulations. |
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Valued Member
United States
408 Posts |
It is below the melt value. You can't complain. You won't lose money if you ever decide to sell. I would just hold on to them and, when the price of silver goes up, sell it for a profit.
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Pillar of the Community
United States
1795 Posts |
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Moderator
 United States
187950 Posts |
Very nice! |
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Pillar of the Community
United States
1003 Posts |
Nice purchase!  Who could go wrong for under melt? |
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Replies: 15 / Views: 1,879 |
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Posted 10/09/2016 12:17 am
