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Do you save 40% Kennedy halves ?
1630Boston
Posts: 14,157 ✭✭✭✭✭
Do you save them or sell them as quick as you get them ?
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At one time when silver was cheap, the SMART money (those with some storage capability) was buying 40% over all else just for the downside protection of the face value.
Now.... just more bulk.
@topstuf ,
thanks, that is one perspective I hadn't considered.
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I sell them when I get them. 90% OTOH I keep.
My YouTube Channel
Dumped a few thousand at $40 silver, will do the same in the future. For now I hold them.
"Money does not care about speeches on morality. Capital asks whether the rules will remain the same tomorrow. With inflation, people assume price is the problem, and propose regulation—but price is simply the message." - Martin Armstrong
I have some, like maybe a half a roll, that came in change/bank or from a very small collection I bought from a buddy who was moving and wanted to get rid of it all. I do not pursue it unless I see it at the bank in the teller trays.
No
i used to until i got enough to sell but i do not now.
I avoid 40% halves and war nickels like the plague.
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
Move them quickly.
Got quoins?
I have not found any in the rolls I have searched..... I would keep them if I found them... Cheers, RickO
@ricko
Of course you would, from what I know you keep every coin that touches your fingers.
Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb, Ricko
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I have some, and will sell them just past the profit point.
@tneig
For my education, what do you consider the profit point ?
Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb, Ricko
Bad transactions with : nobody to date
Since last September, I've found 48 40% halves searching rolls. I keep them along with the 90%'s I find. If silver hits a crazy once in a generation level again, they all go with my 90% circulated coinage I've accumulated. Hopefully; I can use the proceeds to purchase a few nice coins for my collection. I have a box of halves I pick up this Wednesday- so, hopefully I can add a few more!
I sell em when I get em
eBay gets the profit. I get the work. The postman gets the bennies.
Practice makes perfect & nobody is perfect. So, practice being nobody.
Don't forget to tip your postal and garbage workers this Christmas/Holidays. I usually only tip $20 but every bit helps.
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