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  1. #1
    whites6000inPa

    65-70 Kennedy Half dollars are NOT 40% silver....don't be fooled

    I see all of the roll hunters getting excited about getting the so called 40% silver Kennedy half dollars in rolls. I see coin sellers on eBay selling the things for 3 bucks.....insane says I.

    Am I missing something? These coins have a 100 percent copper core, and the outer couple mils is clad in a 40 percent silver alloy. They are not 40 percent silver by weight

    If you want silver content.....pre-64 US coinage is all you should concern yourself with. If you're paying a premium for the silver clad halves....you might want to check and see if what I'm telling you isn't true.

    Wyatt

  2. #2

    Jul 2003
    Alexandria, Ky
    110

    Re: 65-70 Kennedy Half dollars are NOT 40% silver....don't be fooled

    1965-1970- Weight 11.50 grams / net weight .1479 oz. pure silver.
    You can't take it with you but it sure is fun to find.
    BH Time Ranger
    BH 505

  3. #3
    whites6000inPa

    Re: 65-70 Kennedy Half dollars are NOT 40% silver....don't be fooled

    Guess I was wrong.....maybe...

    I did the grams to ounces conversion......and it comes out to nearly 40 percent....but if we were talking troy ounces, which is usually the case when talking about silver....it's still not 40 percent by weight.

    Whether they are or not...they hold no mystique for me.

    Wyatt

  4. #4
    us
    "1989 Chevy Silverado 4x4"

    Jun 2005
    South Carolina
    Bounty Hunter Tracker IV and others
    221
    1 times

    Re: 65-70 Kennedy Half dollars are NOT 40% silver....don't be fooled

    Quote Originally Posted by midus1
    1965-1970- Weight 11.50 grams / net weight .1479 oz. pure silver.
    Hi Gang,
    I see what you mean.
    It this rate it would take 7 40% halves to make a touch over an ounce.
    If my math is right.
    So if they sell at $3.00 each you are paying well over $21.00 per ounce for silver.

    Just be on the lookout for the key 1970.
    The 1970-D was only issued in mint sets.
    The 1970-S was proof of course.
    I consider myself fortunate to have one of each.

    Take Care,

    Mike in SC
    Heavy Chevy
    Formerly " Mike in SC "

  5. #5

    Apr 2006
    Ventura, CA
    LST
    801
    9 times

    Re: 65-70 Kennedy Half dollars are NOT 40% silver....don't be fooled

    I've heard of some dealers paying $1.30+ for them. Earlier this year when silver was over $15/oz they brought over $2.00. If silver goes half as high as some of the predictions i've seen, then they'll be worth having. So if they have no mystique for you, throw them back into circulation and I'll take them when they show up in my rolls.

  6. #6
    us
    "1989 Chevy Silverado 4x4"

    Jun 2005
    South Carolina
    Bounty Hunter Tracker IV and others
    221
    1 times

    Re: 65-70 Kennedy Half dollars are NOT 40% silver....don't be fooled

    Quote Originally Posted by buscadero
    According to my Math, it would take approx. 6.8 1965-71 .50 to net 1 oz of Silver. That makes these Coins 12.8%, not 40%. Then @ $12 an oz.,Each Coin has approx $1.76 worth of Silver.

    Must be the New Math! Or maybe just the old Gov't!
    Hey buscadero,
    Were you planing on cutting one of those halves?
    That is why i said "it would take 7 40% halves to make a touch over an ounce.
    If my math is right. "
    There was no need for me to be that specific.
    And the coin dates are 1965-1970.
    I still don't know where the term" 40% "has come from over the years.
    I guess that would be one way to make collectors want them.
    I will stick with the 1964's and older myself.

    Happy Hunting,
    Mike in SC
    Heavy Chevy
    Formerly " Mike in SC "

  7. #7
    us
    May 2006
    The Beautiful Berkshires in Western Mass.
    White's DFX
    515
    13 times
    Banner Finds (1)

    Re: 65-70 Kennedy Half dollars are NOT 40% silver....don't be fooled

    .......you mean that in the 3 years that I have been painstakingly pulling "40%" halves from rolls that I have been duped, that I should only concern myself with pre-65 coins!!......dang it!.....now what am I gonna do with 2000+ halves that I paid 50 cents apiece for........well, I guess I could just turn them all back in and get my $1,000 back..........yeah, that's what I think I'll do in the morning, get my $1,000 back......orrrrrrrrrrr.........maybeeeeeeeee, I'll bring them to the local coin shop and let him give me $3,000!!!!!!!!!!!!!!!!!!!!!!!!!!!

    Come on folks, tell me we are smarter than this............

    Greg

  8. #8
    us
    Mar 2005
    Vegas
    2,523
    26 times
    All Types Of Treasure Hunting

    Re: 65-70 Kennedy Half dollars are NOT 40% silver....don't be fooled

    Hey whites, I'll take any 1965-70 halves you don't want. I'll even pay you 50 each for them!
    Last appearance in pocket change:

    Wheat penny - 1958D (5/9/14)
    Silver - 1928P dime (12/5/11)
    Dollar coin - 2007P (Jefferson) (8/12/13)

  9. #9
    whites6000inPa

    Re: 65-70 Kennedy Half dollars are NOT 40% silver....don't be fooled

    In this part of the country...halves don't circulate at all. I don't have any and don't care to look for them either. I dug a 1967 once.....but I spent it. Got 50 cents for it too.

    Wyatt

  10. #10
    us
    May 2006
    The Beautiful Berkshires in Western Mass.
    White's DFX
    515
    13 times
    Banner Finds (1)

    Re: 65-70 Kennedy Half dollars are NOT 40% silver....don't be fooled

    Wyatt,

    If you go to your bank (or any bank) they don't have any halves?......maybe they could order them for you. It's kinda a no-brainer to pluck $1.50 each in silver 40%'s out of rolls (over $3.00 for 90%'s) when all you are paying is 50 cents. It adds up quickly. I don't even do it all that regularly but still have over 2000+ 40%'s (500+ 90%'s) in just 3 years making my total investment $1,250 but could turn them in today for roughly $4,625. I would kill just to have 10% of my stocks perform that well over 3 years.

    HH all!

    Greg


  11. #11
    whites6000inPa

    Re: 65-70 Kennedy Half dollars are NOT 40% silver....don't be fooled

    I knwo it's silly...but I'd rather be detecting. I'm sure that I could order boxes of halves...and maybe that's a good activity for the wintertime...might give it a go then. I'd still prefer to find a ready buyer for the 40% halves.....even if AI didn't get top buck fr them. I'd spend the money on 90 percent silver coins.

    Yeah, stocks are no of any interest to me. I'm not smart enough or wealthy enough to play on that field.

    Wyatt

  12. #12

    Jun 2006
    Southeastern PA
    Minelab e-trac; Minelab Exp II; Troy Shadow X3; Garrett AT Pro.
    954
    58 times
    Honorable Mentions (1)

    Re: 65-70 Kennedy Half dollars are NOT 40% silver....don't be fooled

    Ad in recent R & I Coins newsletter:

    1965 Kennedy NGC MS 66 ULTRA CAMEO---$1,900.00
    1970-S Kennedy NGC PF 69 STAR ULTRA CAMEO---$2,700.00

    Just thought I'd throw that out there.

    BOB

  13. #13
    us
    "1989 Chevy Silverado 4x4"

    Jun 2005
    South Carolina
    Bounty Hunter Tracker IV and others
    221
    1 times

    Re: 65-70 Kennedy Half dollars are NOT 40% silver....don't be fooled

    Hi Gang,

    Now only if my coin was an Ultra cameo !!!!

    Oh well, such is life !

    Mike in SC
    Attached Images Attached Images  
    Heavy Chevy
    Formerly " Mike in SC "

  14. #14
    us
    Dec 2005
    Eugene, Oregon
    Fisher CZ5, White's GM VSat
    4,095
    85 times

    Re: 65-70 Kennedy Half dollars are NOT 40% silver....don't be fooled

    They are close to 40 percent silver by weight. Probably dead on, from the term. The half doesn't weigh near an ounce, thats why there's confusion. Takes almost three to weigh an ounce. .1479 ounces silver per equals pretty close to .4 ounces, or 40 percent.

  15. #15
    us
    Sep 2004
    TX
    Whites Vision/V3 Spectra, AT Pro
    1,765
    3 times

    Re: 65-70 Kennedy Half dollars are NOT 40% silver....don't be fooled

    Actually the term is pretty near accurate. The weight of the coin is 11.5 grams. There is .1479 ounces of silver, which is 4.19 grams of silver. Divide this by the weight of the coin, and it comes out to 36.46 percent silver content.

 

 
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