40% Silver Halves
pennyholic
Posts: 153 ✭✭✭
Just a curious question regarding these coins. I have several hundred coins and I am thinking about trading them in for 90% coins. Storage is not a question and I know I will take a little hit in price to convert. So the question is would you or have you done this already?
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Comments
Jim
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Since storage is no problem, perhaps you want to consider keeping them.
Why pay a premium to convert?
What if they later come into vogue and you are 'stuck' holding 90% or .999 bars?
<< <i>I would convert for .999 silver or gold. >>
That's also what I would do. Perhaps 900 fine U.S. coins if a good deal was available. War nickels and 400 fine halves are just plain undesirable to me.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
To me silver is silver and if space isn't an issue, I would say keep them.
At the very least, they will always be worth 50 cents
<< <i>Thanks for all the good answers. Ampex is paying 11.6 shipped which seems like a good option but I do not have enough to ship for there requirements. >>
What is their minimum requirement?
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mariner67, and Mikes coins
<< <i>I just took $500.00 worth of 1965 Kennedy half's down to my bank and traded them for straight cash. I don't mes with the 40% stuff. >>
Riiiiiiiiiight.
<< <i>I just took $500.00 worth of 1965 Kennedy half's down to my bank and traded them for straight cash. I don't mes with the 40% stuff. >>
Why don't I believe you?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>40% halves and silver nickels. Never cared much for them. I have always traded for 90% or .999 >>
Next to nobody likes war nickels. The percentage melted is probably *way* higher than the percentage of 90% or 40%.
I would bet that there are more 1950-D nickels surviving than 1944-S.
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