Just missed a haul of silver halves from the bank...

Geoman

I was planning to stop by my local bank this afternoon, and another coin collecting friend of mine called saying he was just there (we bank at the same bank) and the teller told him a lady had just turned in a lot of half dollars. My friend asked what there were, and the teller showed him some. They were all Kennedy's - but a lot were 40% silver. So my friend bought them all.

He counted them and it turns out there were 240 Kennedy Halves in 40% silver and 1 1964 Kennedy, out of 280 that he bought. He called me on the way to the local coin dealer to cash them in. He was quoted $1 a piece for the 40% silver Kennedy's. Crap, I missed getting those by a few hours.

DJCoinz

Ouch. BTW, that quote sounds very low. Silver value in a 40% is over $1.70.

Smittys

<< <i>Ouch. BTW, that quote sounds very low. Silver value in a 40% is over $1.70. >>




Wanna buy some lower than silver.....
These are most dealers nightmares

RedStorm

<< <i>Ouch. BTW, that quote sounds very low. Silver value in a 40% is over $1.70. >>

Yeah, maybe you should offer your 'buddy' $1.01 for each and then go find a better dealer and you could cash in too!!

FLBuffaloHunter

I would not sell them. You are paying less than 1/3 melt value for each at 50 cents. That is the absolute best way to invest in silver. You initial 'investment' is instantly worth 3x more

Deadhorse

I just checked my main local broker. Buy price is $1.45 each in quantities less than a bag. $1.50 on full bag, $1,000 face.

Your local dealer is __________!!

fill in the blank.