one months totals

bomber

Bronze Member
Jan 6, 2006
2,340
66
DUI
Primary Interest:
All Treasure Hunting
Upvote 0

diggummup

Gold Member
Jul 15, 2004
17,815
10,120
Somewhere in the woods
Detector(s) used
Whites M6
Primary Interest:
All Treasure Hunting
Nice totals! I just went through my first box of halves last night.I hope they're all as good as my first.I love free money! ;D Take care and good luck.
 

buscadero

Bronze Member
Jul 16, 2006
1,287
19
Corpus Christi, Tx.
Detector(s) used
Garrett Ace 250
:D Bomber: Silver is going for $12.73 an oz. @ this moment. Since you have found 46 90%, & 140 40%, Your Net Profit is $381.80
Not too shabby! That doesn't include the Face Value of the Coins! You would add $93 to that!

HH Joe
 

buscadero

Bronze Member
Jul 16, 2006
1,287
19
Corpus Christi, Tx.
Detector(s) used
Garrett Ace 250
Sorry Bomber!

Eric: Each 90% Half has .36169 of an oz. of Silver! Multiply that by $12.73 (Today's Silver Price) & you get $4.60 ea.
Each 40% Half has .1479 of an oz. of Silver! Multiply that by $12.73 & you get $1.88 ea.
Then you have to subtract .50 ea. that you paid for them! The result is Net Profit!


HH Joe
 

mr.theman

Full Member
Aug 29, 2006
223
8
McAlester, OK
erik12152003 said:
where do you take it to get that profit to a scrap yard?

Sell them to a coin shop. A good one will usually pay 5 to 10 percent less than spot (silver price at current time).

Sell them to a refiner to be melted down. I have heard that the below link is a good refiner but have never used them myself. I take mine to a coin shop.

http://www.midwestrefineries.com/

HH
Mr.T
 

goldinmypan

Hero Member
Apr 18, 2006
802
12
Ventura, CA
Detector(s) used
LST
Hey Bomber, that 70-D is one of the hardest JFKs to find. If its in any shape, it would be worth MORE that silver value.
 

Postalrevnant

Silver Member
Jul 5, 2006
3,086
22
Mountains
mr.theman said:
erik12152003 said:
where do you take it to get that profit to a scrap yard?

Sell them to a coin shop. A good one will usually pay 5 to 10 percent less than spot (silver price at current time).

Sell them to a refiner to be melted down. I have heard that the below link is a good refiner but have never used them myself. I take mine to a coin shop.

http://www.midwestrefineries.com/

HH
Mr.T

Great haul for this month. Great haul for any month. Midwest doesn't accept the 40% silver. I would say that you would probably make out better, that is if you were going to sell them, by selling them on ebay.

Perhaps you might do a little bit better melting because you have to pay the fees for ebay. But sure do hate to see more coins melted. But yes I sent silver and gold jewelry to Midwest. They did a very good job and were honest with me.

Postalrevnant
 

coolcash2004

Bronze Member
Jun 9, 2006
2,005
41
Detector(s) used
ACE 250
THANKS BOMBER!!!

Way to go!

That sure is a lot of silver for one month!

-CC
 

OP
OP
bomber

bomber

Bronze Member
Jan 6, 2006
2,340
66
DUI
Primary Interest:
All Treasure Hunting
thanks for all the replies,killer hobby i'm hooked
 

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