Advice on 40%

[bama #1]

Hey guys I need some advice about selling 40% halves. I am trying to sell 700 of them and the 2 offers I got were $2.50 and $3.50 per coin at $35 per oz. I really think that’s low what do you guys think? Do any of you know a good place to sell around Alabama. Thanks

 

[usandthem]

Coinflation says here is $5.21 worth of silver in each one. Some coin shops will pay 75% to 80% of that. Some coin shops don't want to bother with them at all. This is just me but I'd pay four bucks a piece if I had the cash.

 

[fistfulladirt]

If you don't need the cash I would seriously wait...going up-up-up!

 

[blai745]

looks like you shouldve aquired silver bullion, rather than seven hundred 40% half dollars

 

[SeaninNH]

I personally would do 1 of 2 things...

Option 1 and personally what I would do is pay the $20 and get a charter membership on TNet then put the coins up in the classified section in lots of 100 for $4.00 per coin shipped.

Option 2 is put them on FeePay and you will most likely get close to spot for them, but you will have to pay fees.

 

[mts]

looks like you shouldve aquired silver bullion, rather than seven hundred 40% half dollars

You are assuming that he paid full price for them. If he got them from CRH'ing, then he paid 50 cents each (plus the effort to accumulatre) which could be a better deal than bullion. But of course, I'm speculating just like you are.

 

[markmopar]

There's also www.bulliondirect.com and the Nucleo exchange there.
The current high offer is $4.71 each amounting to 94.25/roll.

 

[$ilver$urfer]

I would sell them to APMEX, they pay over 90% of spot for 40%ers - best price you'll get anywhere for them in my opinion!!!

HH,

$ilver$urfer

 

[bama #1]

After checking with all the local dealers and internet sites. Apmex turned out to be the best place to sell. I traded them to Apmex for gold and silver eagles. Thanks for all your advice.

 

[$ilver$urfer]

After checking with all the local dealers and internet sites. Apmex turned out to be the best place to sell. I traded them to Apmex for gold and silver eagles. Thanks for all your advice.

No problem, APMEX is my choice to sell to as I sold quite a bit of 40%ers to them back in April/May and was happy with what they paid me!

HH,

$ilver$urfer