| Author |
 Replies: 11 / Views: 2,069 |
|
|
Valued Member
United States
177 Posts |
What good investment strategies do you guys have for the Kennedy 40%ers. Is it better to wait and sell them when silver rises? Or is it better to sell at a current price of silver say $20 oz. and then buy an ounce or two to gold. Or maybe invest in more 90% silver or keybdate coins? In keybdate coins, how many years would it take for that particular coin to increase in value? Opinions?!
|
|
|
|
Valued Member
United States
154 Posts |
I would not sell them for gold right now. The gold/silver ratio is still pretty high. It is currently 70 oz silver per oz of gold. I wouldn't consider trading until it's under 50, but that's me.
I personally would hold it until the premiums are about even- right now you would probably get below melt for them, but when silver jumps, I remember getting melt or over for them.
|
|
Rest in Peace
United States
17900 Posts |
No one can predict metals trends but changing from 40% to 90% is a good idea if you can get within 5-6% loss.
Likewise, it is impossible to tell you what coins will be heading up in price, although classic silver commemoratives have been enjoying a well deserved rise in the last two years (higher end 66 and 67).
|
|
Pillar of the Community
United States
814 Posts |
Other than the ones I have in my Kennedy half set and my type set (which is a lovely 1969D), I always trade them in for 90% or 999 when I have several. |
|
Valued Member
United States
446 Posts |
I've always saved those that I've encountered, though I haven't found any in my searches for quite some time.
With those and the 90%ers, I don't consider them as an investment. I consider them to be dollar insurance, and part of my retirement planning.
|
|
Moderator
 United States
188213 Posts |
Almost twenty years ago I traded a large number of my 40% and 90% half dollars for Franklin half dollars to complete my Dansco. Looking back I still think I made the right decision.  |
|
Pillar of the Community
United States
2910 Posts |
The worst commodity investment right now is Gold. Simply put, it's overpriced.
Best thing to do is hold onto them as I think silver will hit $25 within 6 months. If you can get close to spot, you could also try to trade them for 90% silver.
CRH Nickeloholic. 1,600,000 nickels searched in eight years! Have found FOUR complete Jefferson sets!
|
|
Pillar of the Community
United States
2910 Posts |
Quote:Almost twenty years ago I traded a large number of my 40% and 90% half dollars for Franklin half dollars to complete my Dansco. Looking back I still think I made the right decision. I like that. CRH Nickeloholic. 1,600,000 nickels searched in eight years! Have found FOUR complete Jefferson sets!
|
|
Moderator
United States
188213 Posts |
I still have a small stash of 40% and 90% half dollars from the CRH days. I will probably let my son have them at some point, but I have thought about trying to trade those for something.
|
|
Pillar of the Community
United States
4333 Posts |
They're dirty. I learned that from the '70's.
I sold a hundreds a few years back, roll hunting finds. Nice profit. I also listed rolls on Craigslist for 20% below spot and it took a while to sell. I still have a couple rolls though.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
|
|
Pillar of the Community
United States
4333 Posts |
Quote:
The worst commodity investment right now is Gold. Simply put, it's overpriced. Tell that to the folks that bought at $1800...! When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
|
|
Valued Member
United States
455 Posts |
I just used mine to by ASE's at a coin show this weekend. Got them all CRH a few years ago. |
| |
Replies: 11 / Views: 2,069 |
|
Posted 11/02/2016 10:01 am
