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 Replies: 13 / Views: 1,069 |
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Pillar of the Community
United States
3077 Posts |
for 40% halfs, would it be based on grade or silver content ?
and the same for common date morgans in F+
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Pillar of the Community
United States
2541 Posts |
I called a guy the other day, he was willing to pay $1.25 for 40% halves, and 9X for 90% halves. I'm assuming he'd probably pay 9X for junk morgans since silver is silver.
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Pillar of the Community
 United States
3077 Posts |
thanks my local coin shop is only open saterdays and sundays and I have a co- worker's fathers "silver horad" 75 -40% JFKs 6 90% JFKs, 5 Morgans all in F to EF and one peace in VF
Edited by yotie
05/12/2009 8:58 pm
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Pillar of the Community
United States
2520 Posts |
 Seems like a seller would be getting shortchanged at a $1.25 for 40% halves. If a buyer is paying 9x face for 90% silver, that means he would pay $1.80 for 2 silver dimes that has slightly less silver content than 1 40% half that he is only paying %1.25 for? Please correct me if I'm wrong! |
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Pillar of the Community
United States
2520 Posts |
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Bedrock of the Community
United States
10982 Posts |
Quote:
I'm assuming he'd probably pay 9X for junk morgans since silver is silver.
Most dealers will pay a premium for silver dollars even if they're junk, culls, polished, etc. Don't accept 9X face for junk silver dollars unless silver is under $11 and right now it's over $14! You should be able to get 10X face for junk 90% this week and at least $12 for junk silver dollars. Your "hoard" should bring about $250 and if you're offered much less - take your business elsewhere. |
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Pillar of the Community
United States
615 Posts |
hey those Morgans have more silver than two halves. Don't see them for 9x face. ebay has 40% halves going for close to $2 each. I wouldn't sell them for less than $1.75. I mean the dealer is going to resell them for a profit, but I mean that guys margins are to high. Morgans are worth $11 in just silver and they have collector value above that. Halves are worth $5.10 in silver and have collector value above that. 40% halves are worth pretty much just the silver value at $2.10, but that usually get a haircut due to the high cost of refining it. I will buy the Morgans for more than $11. I will give $78 shipped for the 5 morgans and 1 peace unseen. -SFWUSC |
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Pillar of the Community
United States
615 Posts |
I would say the JFK 90% halves are pretty much just worth silver too unless they are in really good shape.
Just don't sell those Morgans for silver.
-SFWUSC
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Bedrock of the Community
United States
12437 Posts |
Quote:
Seems like a seller would be getting shortchanged at a $1.25 for 40% halves It may seem that way but not really. 40% silver does not have a great demand due to the fact that the refinery costs to extract that silver are much higher than for 90% or sterling silver. For that reason, .900 and .925 are closer to spot than lower purities of silver. I also agree with bherring1964 that you should get more for silver dollars than regular 90% because face-for-face, dollars have a higher silver content than halves, quarters, and dimes. |
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Pillar of the Community
United States
2049 Posts |
The biggest dealer in town pays $1.25 for 40% halves and 9x face for 90%. Silver dollars yield $10-$12 each.
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Valued Member
80 Posts |
A nice grade MS-65-68 1964-1969 P or D Kennedy would not be on ebay unless it is was graded and know one would sell it for scrape $$$ |
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Pillar of the Community
United States
3077 Posts |
the JFKs are AU 50 or worse
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Pillar of the Community
United States
2049 Posts |
Yotie - are you looking to sell some 40% halves? If so, PM me. :)
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Pillar of the Community
United States
3077 Posts |
sorry guys but I gave them back to the owner they were his dads he may decide to keep them
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Replies: 13 / Views: 1,069 |
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Posted 05/12/2009 8:30 pm
