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 Replies: 7 / Views: 1,303 |
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Pillar of the Community
United States
1903 Posts |
I was just drooling over some ASE's at the dealers shop today. He is asking $50 a piece for 2010 minted ones. My question is, trading in some Kennedy halves to get an ASE, is that a wise move? I know silver is silver, but do ASE's show any better performance than Kennedy's should silver prices drop, or are ASEs completely pegged to silver spot just like silver Kennedy's are? |
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Pillar of the Community
United States
5854 Posts |
They are both pretty much only worth silver. I would probably just keep the kennedys. The price does seem to be a little bit on the high side but if you really like the silver eagle I would say go for it.
Edited by D0ubl3Eagle
08/18/2011 11:30 pm
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Pillar of the Community
United States
836 Posts |
When it comes time to sell you will get closer to melt with the Eagle, depending on dealer. $50 is high though in my opinion. I am sure you could talk him down to $45 especially since it is essentially a trade.
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Valued Member
United States
364 Posts |
I have in the past sold 40% Kennedys and used the cash to buy ASEs. In my opinion, $50 is pretty high for ASEs. You could buy them from some online metal dealers right now for around $47 a pop. If you buy a roll, that is a $60 price reduction.
That being said, if you can get the dealer down and/or you are not buying that many, it would be better to buy from the local dealer given shipping.
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Pillar of the Community
United States
1151 Posts |
At my local coin shows and coin shops he's selling them for about $42-43ish
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Valued Member
United States
497 Posts |
Well inless its graded or something about it makes some value to collectors rather than scrappers, that can bring an investment but I also would have to say keep your halves. "junk" silver will become a lot more scarce in the comming years.
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Pillar of the Community
United States
584 Posts |
I have a 2010 NGC Graded MS-69, I'd be willing to trade for some Kennedy halves. Are they Circulated or Unc. your halves. |
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Pillar of the Community
United States
4333 Posts |
Junk silver halves are not going to become scarce. They were harder to find when I was roll hunting in the late '70's, right before and during the H bros run up. I don't shed a tear when I trade up my 40% for ASE's. 40% takes up too much space in my sdb. I currently get $5 each for the 40's, last time I traded was a month ago. Regardless of how many roll hunters there are, silver is constantly dumped back into the system for us to find. When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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Replies: 7 / Views: 1,303 |
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Posted 08/18/2011 11:02 pm
