How Many 50c Halves In A 1oz Silver Maple?

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Author	Replies: 4 / Views: 1,795
wontoo Valued Member Canada 78 Posts	Posted 05/07/2010 02:17 am Any Ideas on a fair trade. The halves are silver. Don't know specific dates just yet. Would be based strictly on bullion value. Supposed to go check it out tomorrow. At first I was thinking 3 halves to 1 Maple, but am wondering if the Maples should have a bit of a premium. Other wise I can buy the halves at 11x face value. All input is appreciated. Thanks. Report this Post to the Staff

oasis Valued Member Australia 138 Posts	Posted 05/07/2010 06:57 am Stacking half dollars actually got me into coin collecting as I wanted to buy as much cheap silver as I could afford and found you could buy lots of them on *Bay at spot or less and before I knew it I had a nice stack of beautiful old coins. The silver halves are 0.3 ounces each so if they are just bullion quality coins you would be trading 1 ounce of silver for 0.9 ounces of silver. Some people like holding pure silver and would place a premium on the Maples so personally I wouldn't make that trade. If I had a local source of halves at 11x face I would just buy them all, you would be getting them under their silver value. Report this Post to the Staff
Ugly Pillar of the Community Canada 1733 Posts	Posted 05/07/2010 09:00 am Four to one would be a fair trade since the middle ground between bid/ask on melt silver for the halves would give you approximately the middle ground on bid/ask melt for the maples. There's merit in the maples since they usually trade closer to spot with less margin built in and often go a bit higher since some people do collect them which adds a coin value. If the halves are true beaters, it's a good enough trade. Report this Post to the Staff
DBM Pillar of the Community Canada 9865 Posts	Posted 05/07/2010 09:34 am Four to one is about right.Yesterday silver Maples were selling for $21.75 and silver 50 cents for $5.76 Report this Post to the Staff
wontoo Valued Member Canada 78 Posts	Posted 05/10/2010 7:50 pm Thanks for the help guys.I ended up keeping my Maples and buying the halves at last weeks price! They are not in the greatest shape.... dates range from 1940 - 1966. My first batch of 50 cent halves. I think its a great start! Report this Post to the Staff
	Replies: 4 / Views: 1,795

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