40% Kennedy halves. Stack or sell?
Mission16
Posts: 1,413 ✭✭✭
I'm being offered a few rolls of 40% halves. Are these something I would want to stack or sell off? Or pass altogether? Fellow is asking $50 a roll.
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Mission16
Posts: 1,413 ✭✭✭
Mission16
Posts: 1,413 ✭✭✭
Comments
Pass...
Pass.
Knowledge is the enemy of fear
Pass trifecta.
In honor of the memory of Cpl. Michael E. Thompson
Can you flip them for a profit? Otherwise, pass.
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
offer $43 a roll or pass. Current melt on the roll is $48.60
"How many times can a man turn his head and pretend he just doesn’t see?” - Bob Dylan
Pass
I knew it would happen.
Buy what you like.
I for one am not a huge fan of 40%.
what can you do with them? Use them for trading is about all. Many refiners will not even take them as the cost of abstracting the pure silver eats up any profit and is just not worth it.
I'd pass, but they do sell well on ebay so search for the most latest sold prices to be sure. I seem to remember that they sell right at the value of silver and no more. So, paying what you're being offered is a no go. Ebay does have selling fees and so does Paypal (required ebay payment method).
bob
The only thing worse that 40% silver are war nickels. Yuck!
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
Thank you!
I am sticking with .999
mission16, stick to 90% as well.....easy to sell as well and popular too. 40%....yuck
Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
$50/roll is currently ~2.5% OVER melt. Not a good deal unless you're the seller. I wouldn't buy them for more than $40/roll.
APMEX has a current buy price at $45.70/roll but you have to sell over $5k to get that price.
run away
See if he will take 3-5 dimes in trade, they may grade ms66-68...
Definitely pass!
I hate to be contrarian and oppositional with all the guys here, but I think you should pass.
Here's a warning parable for coin collectors...
If you're getting them for "free", aka, buying boxes of halves and getting some in the rolls, then sure, I'd keep them and try selling when silver is worth more. But I'd avoid buying them outright.
I try NOT to take them. But when I have no choice (i.e. part of a package) I unload them as quick as I can.
Cheers
Bob
I would pass...the only way I take 40% is in change.... and I have not had any in change in 20 years.
Cheers, RickO
I used to find many in my roll searching days. Got them at face obviously. I sold or traded them as soon as possible.
I only "bought" them to instantly flip. Like war nickels, I don't hold them at all.
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Hoard them at face value only IMHO. Sell when $ilver hits $35, $40 and $50
100% Positive BST transactions
At one time I was getting around $5 each from them as I found them at face.
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pass. jmo
silver is silver but there are better ways to stack.
"How many times can a man turn his head and pretend he just doesn’t see?” - Bob Dylan
Send the discounted crap to me. I'll stack it at these levels.
HE>I
It's been a few years ago, when price of silver had dropped below $10 an ounce, that the 40% halves were actually more desirable. Why? Because of lower downside risk. If silver is at $7 an ounce, the 40% contains perhaps around $1 of silver or so. If you purchased at that price or lower, you had limited downside risk... if silver for some reason dropped much more, you would still have a fifty cent piece to spend, even if amount of silver in it was less.
Other than that... much better ways to spend money on silver unless you get a really, really good deal. IMO certainly not $50 a roll. (As mentioned before, I do see they sell pretty well on ebay).