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 Replies: 18 / Views: 2,560 |
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Valued Member
United States
143 Posts |
I was shopping at the mall today and picked up 4 Franklin half dollars for $6 each. Is this a good price? I figured it was since silver is at around $14 an ounce. Opinions? |
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New Member
United States
25 Posts |
If the coins are in good shape it was a really good deal and if they are uncirculated you made out like a bandit!
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Bedrock of the Community
United States
19945 Posts |
$5.36 melt value and if they are decent there's numismatic premium....you got a great deal IMO.
Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
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Pillar of the Community
United States
3294 Posts |
$6 franklins can not be too bad of a deal. Even if they have a hole drilled in them, you only lost $.75 on each. That is a pretty small downside.
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Valued Member
United States
52 Posts |
Franklin halves from reputable dealers tend to sell for 8 times face depending on the spot of silver. So a fair price would be $4.00 a piece. $6 is a bit much I think, but it's only a few bucks.
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Valued Member
United States
187 Posts |
I find them alot here in socal for 10.5x face/$5.25
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Pillar of the Community
United States
1000 Posts |
I think it was a pretty good deal. I have not seen silver selling at 8X face in my area, especially since the silver value is 10.36X Face  . I think many "reputable" dealers would be selling at higher than 10X. |
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Pillar of the Community
United States
532 Posts |
I just sold down my personal stash for 12x and 13x, and a small one for 15x face.
Different transactions to three separate buyers. Price is all over the place, but not in the 8x arena unless you are buying from the uneducated or desperate.
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Valued Member
United States
265 Posts |
Most of the dealers in my area are paying 8-8.75X face for 90% silver. You came out decent, especially if they are BU.
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Pillar of the Community
United States
3294 Posts |
Maybe they are 8x when the silver prices are low?
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Valued Member
United States
290 Posts |
I'd definitely have bought them to add to the stack.
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Pillar of the Community
United States
3077 Posts |
6 bucks is what the shop I buy from has been chargeing me for cirulated Bens
mostly f-ef grades
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Valued Member
 United States
143 Posts |
The coins are not BU, but they are not bad. they a re from the earl 50's and are in Fine to Extra Fine condition.
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Valued Member
United States
143 Posts |
After looking on ebay I guess I did get a good deal. They sell for around $7-$8 per coin. Might go pick up a couple more! |
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Pillar of the Community
United States
628 Posts |
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Valued Member
United States
187 Posts |
sammyblade: where are dealers selling for 8x face?
RFB: where are you selling for 12x face?
thanx
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Replies: 18 / Views: 2,560 |
Posted 08/30/2009 10:52 pm
