$200 in halves, struck silver!

[dossier]

So I bought 200$ a few days ago and ended up with only a single 1967. Today I bought $200 more and I found 4x1964's and a 1941 Walking Liberty! Very fun I'm hooked for a while.. The walking liberty was in the same roll as a 1964. And one of the 1964s was on the edge of a roll.

I do have a question though since I literally just started CRH two days ago. Do any of the 64's seem worthy to get rated? They're all in surprisingly decent condition. And what's the general consensus on selling for silver melt or holding for longer term? 40$ for silver seems like a lot but at the same time I really like holding onto coins. BUT I wouldn't be opposed to cashing in if the price was relatively great.

 

[palidin20603]

Awesome! Never unrolled a MWR Liberty! Nice haul.

 

[dossier]

Thanks! Yeah I was very surprised about the Liberty and even more elated that I found more than 1 silver coin overall. I would think handwrapped pick out more of the oddballs compared to MWR which I'm assuming means machine wrapped rolls.

 

[TheRockDoc]

I was a newbie about 4 months ago, and I wondered the same thing about the kennedy halves that I found. (getting them graded or not). Based on what I have learned, I decided it wasnt worth it for me to get them graded. You might be different however. I think alot of it is based on opinion and specific goals and wants. I noticed right away that most of the kennedy halves I find are pretty much uncirculated, some are brilliant uncirculated... There were sooo many kennedy halves minted that they dont carry much of a premium over their silver value. With that said, and I still havent found one yet, If you ever find any of the "proofs" (64-70) especially the 64 kennedy proof "hair accents" or errors, (64 double die) you may want to consider getting something like that graded, depending on whether or not it is really in that great of condition or not. One thing that I have realized in my short CRH'ing, is that the more you learn about numismatics, the more you realize how complicated it really is. Example, coins that newbies like you and I would look at and consider amazing, (grade worthy) might be a total waste of money to have graded in reality due to all the many factors that go into grading that you and I cannot see, or are not aware of when looking at a coin that "looks" great to our untrained eye.

I was looking the other day at the proofs that were minted between 65 and 68 I believe, they call them SMS. Some of those that score MS65 or higher have sold at auction for unbelievable prices, (thousands, and tens of thousands just for one coin). That would be nice, but I am skeptical that one could find a coin that came from rolls we searched from the bank could still score that high. Im sure its possible, just not very likely.

That is my opinion. Good luck.

 

[dossier]

Thanks for the helpful reply, they don't have much of a mint luster so I won't bother grading them after hearing your wisdom. What are "hair accents" ? And proof coins have an S if I remember correctly? If not, please remind me

 

[Bentfork]

If you mean should you have them graded, the answer is no. Rarely are you going to find a modern coin in circulation worth the cost of grading.

 

[TheRockDoc]

Thanks for the helpful reply, they don't have much of a mint luster so I won't bother grading them after hearing your wisdom. What are "hair accents" ? And proof coins have an S if I remember correctly? If not, please remind me

only halves that are post 1970 have the S mint mark on their proofs. Before 1970 it is different, Im not sure on exact specifics.

 

[BuffaloBoy]

awesome find, the halves are not worthy of being graded, sorry. they have to be "near perfect" condition (no dings/scratches) to be worth anything over melt. NICE HAUL! makes you with you had the full box, right?!

 

[Goldmanford]

Nice big silver coins! Sweet!

 

[Numismaniac]

Nice score! Proofs cofuse a lot of folks. Most modern proofs (1968 and newer) were struck at San Francisco. From 65-67 proofs were not struck at all. Instead the mint made SMS (Special Mint Set) coins. Also all coins from these years lack mintmarks regardless of where they were made. Believe it or not this was done to discourage coin collecting/hoarding - of course the coin shortage back then was probably driven more by the silver being pulled than by collectors. Most pre-65 proofs were struck at the main mint in Philly with no mintmark. Your coins look to be nice AU coins but are not proofs. You will know when you get a proof. The rims on proofs are very square and sharp and the older ones are usually very shiny as the blanks are polishied before they are struck. Some have cameo contrast if they are made wiyh brand new dies. These are usually worth a premium. Hope this helps a little.

 

[CHAINCHOMP]

sweet finds!!! Keep it up and hh! [R.I.P. Rich Hartford]

 

[conpewter]

I'd consider selling some finds to get your bankroll up to $500 so you can buy a whole box. After that I'd start stacking it away if you can.

 

[SilverFace]

very nice esp the WL - and even better if it has a mint mark. And DON"T SELL YOUR SILVER - unless you really have too - you will only regret it in the future. Pm's - esp silver will continue to be one of the best investments in the years to come. Just sell your dollars while you still can because soon those will be worthless and silver will outperforming gold again and making new highs time and time again. As the commodity legend himself said recently on CNBC "silver is going much, much higher over the next decade" - and his word is as good as gold!

Continued good luck and HH

 

[SilverFace]

"As the commodity legend himself said recently on CNBC "silver is going much, much higher over the next decade."

The person I was referring to is Jim Rogers - and he is a true living legend in commodity investing. He's one of the few with a proven track record of being right time and time again. And he puts his money where his mouth is and has been one of the most successful commodity investors in history.

 

[n9zez]

Nice finds!

 

[conpewter]

very nice esp the WL - and even better if it has a mint mark. And DON"T SELL YOUR SILVER - unless you really have too - you will only regret it in the future. Pm's - esp silver will continue to be one of the best investments in the years to come. Just sell your dollars while you still can because soon those will be worthless and silver will outperforming gold again and making new highs time and time again. As the commodity legend himself said recently on CNBC "silver is going much, much higher over the next decade" - and his word is as good as gold!

Continued good luck and HH

I'd still sell enough to start getting more halves to search, the key to getting more silver is volume. More silver in the end is better.

 

[SilverFace]

very nice esp the WL - and even better if it has a mint mark. And DON"T SELL YOUR SILVER - unless you really have too - you will only regret it in the future. Pm's - esp silver will continue to be one of the best investments in the years to come. Just sell your dollars while you still can because soon those will be worthless and silver will outperforming gold again and making new highs time and time again. As the commodity legend himself said recently on CNBC "silver is going much, much higher over the next decade" - and his word is as good as gold!

Continued good luck and HH

I'd still sell enough to start getting more halves to search, the key to getting more silver is volume. More silver in the end is better.

I'm not sure I understand this concept/strategy (selling your silver in hopes of finding more) -if your goal is to get as much silver as you can over time. Unless you somehow think your scores will just continue to get better and better over time which is just too hard to predict. I'd try and sell something else or try and get money someway else if you need it. Or just try searching halves using lower volume and a smaller budget like I do. I do a smaller volume in terms of rolls I usually search (I don't usually order them but I find them rather consistently when I check the many banks where I live) but I hunt a lot more banks so I do more volume in terms of the number of banks I check. But there are a lot of banks where I live and my job makes this easy for me because I drive around all day anyway.

Everybody seems to have their own method and each CRHer just needs to decide which way works best for them.

Continued good luck everyone and HH!

 

[SilverFace]

"And what's the general consensus on selling for silver melt or holding for longer term? 40$ for silver seems like a lot but at the same time I really like holding onto coins. BUT I wouldn't be opposed to cashing in if the price was relatively great"

If you think silver prices are relatively great now you will be amazed at prices in the near future. Silver @ over 100oz is just a matter of time - probably rather soon. Which makes CRHing such a great hobby right now. It was just less than 2 years ago when 90% silver halves were only worth about $6.50 and 40% silver halves were only worth about $2.50 and I'm sure glad I've saved my scores since then. Prices have more than doubled since then and they will continue to more than double again. This is one of the most profitable to have right now and it's a hell of a lot of fun too. I LOVE THIS HOBBY!

Silver @ face is definitely for me. HH!

 

[SilverFace]

"This is one of the most profitable to have right now"

I meant to say profitable hobbies.

 

[conpewter]

My only point is that if you have $200 to use to search, then you can't search as much as if you have $500 to search with. $500 gets you a box, and if you turn that over daily you can search $3000 a week, if you only turn over $200 daily then you search $1200 a week. Who finds more silver, the guy who searches $3000 or who searches $1200?