What would you do!?

Beginner'sfindings

Jr. Member
May 20, 2013
57
88
Primary Interest:
All Treasure Hunting
I have found plenty of 40% Silver Kennedy Half Dollars while coin roll hunting. I am debating on trading them in for 90%. If I do this with a dealer/coin shop then then will buy at spot and sell 90% at a premium. Or I could sell my 40% at a premium and then buy from the dealers. What do y'all recommend? Or should I just keep my 40% since I basically got each coin for 50 cent front the bank.
 

NorthernTesoro

Jr. Member
Oct 3, 2014
88
57
Colorado (Formerly MN)
Detector(s) used
Garrett AT Pro &
Garrett Pro-Pointer
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Last time I had a substantial number of 40% halves, I traded them for 90%. At some point it just became too much unnecessary bulk and weight.
 

OP
OP
B

Beginner'sfindings

Jr. Member
May 20, 2013
57
88
Primary Interest:
All Treasure Hunting
But didn't you lose some money on the front end? It wasn't an even trade was it
 

NorthernTesoro

Jr. Member
Oct 3, 2014
88
57
Colorado (Formerly MN)
Detector(s) used
Garrett AT Pro &
Garrett Pro-Pointer
Primary Interest:
Other
Correct, I did lose a little because of the premium but since I got the halves for face value I didn't mind since you still come out way ahead compared to people that have to buy at current silver prices.
 

bill from lachine

Gold Member
Oct 30, 2011
22,616
88,899
Quebec
🏆 Honorable Mentions:
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Primary Interest:
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Id try to sell them to other collectors say at a slight premium to melt which should offset the spread when buying the 90% ones from a dealer.

Regards + HH

Bill
 

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