Complete & Utter Noob Needs Kind Assistance...

[Okie Noob]

Hiya,

Looking forward to getting started in CRH hobby and stacking silver, hopefully in tall stacks.
My wife is disabled and we thought this would be fun & potentially profitable for us to do together....

Ordered 4k in halves today, and 1k in quarters (which after reading here that there's not much silver to be found in quarters, I now regret ordering...).
Pick them up next week - no bank charge on either end.

Anyway -
Please forgive me if I missed it in the intro section but here goes:

Are there any post-1970 non-silver halves with a numismatic value worth all that extra energy it takes to examine every coin face, or are they all mostly worth half a buck?

If so, it will increase my coin search time exponentially.
If not, I will ignore faces and look for silver edges only.

I looked on Ebay and only saw silver halves for sale.

I appreciate your help in knowing precisely which non-silver halves to look for and in general what they might be worth to a dealer.

Thanks!

 

[bigmike0377]

With that type of volume I would just silver hunt the edges. Their are proofs "s" stamped but I believe those should be silver as well, I have never found one. But silver is your profit in my book

 

[bigmike0377]

What bank did you get to order 4k in halves if you don't mind me asking? Not many will order that large of an amount at one shot.

 

[minkybodl]

You won't get much if anything more than .50 for the clad proofs. You may miss a few 40% edge checking and most who just do that also sound check besides. Maybe try checking yourself if you have some time to make sure you are not missing any in the beginning. I find a lot of boxes with only 1 40% and then it is almost always unable to see it by the edge. The newer silver proofs will show up as they are 90%. Good luck and HH

 

[Zero]

There is a 1974D Kennedy that has a double die on the Trust, but I haven't found one yet. Some sites say the clad proofs with the S mint are more valuable than face value (maybe $2-$3) depending on their condition. Welcome to the club from another newbie. Good luck

 

[jamesg13]

s mark proofs are usually not silver, but some are, i keep all s marks- anything 2002 and newer is not intended for circulation

 

[BuffaloBoy]

welcome, good luck, what state are you in?

 

[Wickaboag]

Welcome to the Addiction!
Now, I can't search halves, but I read a lot on here. Mainly I'd check for silver edges, and thicker shinier (proof coins) and sometimes facechecking pays off with foreign, or commemorative coins! I got 250~ silver quarters last fall though, so it's still out there ;-).
Best of luck!
Wickaboag

 

[ArkieBassMan]

Hiya,

Looking forward to getting started in CRH hobby and stacking silver, hopefully in tall stacks.
My wife is disabled and we thought this would be fun & potentially profitable for us to do together....

Ordered 4k in halves today, and 1k in quarters (which after reading here that there's not much silver to be found in quarters, I now regret ordering...).
Pick them up next week - no bank charge on either end.

Anyway -
Please forgive me if I missed it in the intro section but here goes:

Are there any post-1970 non-silver halves with a numismatic value worth all that extra energy it takes to examine every coin face, or are they all mostly worth half a buck?

If so, it will increase my coin search time exponentially.
If not, I will ignore faces and look for silver edges only.

I looked on Ebay and only saw silver halves for sale.

I appreciate your help in knowing precisely which non-silver halves to look for and in general what they might be worth to a dealer.

Thanks!

The answer to your question is "maybe". If you are dead-set on only selling to a dealer, then its even less likely depending on the coin and/or the dealer. I have seen NIFC and impaired proofs - IF (and this can be a big "If") you can find a buyer- on Craigslist or eBay generally sell in the $0.80-$2.00 each range when they do indeed sell. I have seen many listings for these coins expire without a single bid, but they do occasionally sell. If a dealer is only expecting to sell a half dollar in the 80 cents to $2 range he can't pay much over face, if any, and make a profit. As I said, its not always an easy sell and many dealers don't even mess with them, or at least won't pay a premium for them. To sell these for a profit you'll likely have to deal directly with collectors and skip the dealer, and even then you may not be able to.

Error coins, such as no-FG's, doubled dies, etc. seem to have a broader market when it comes to the number of people out there willing to pay a premium for them. But again, some dealers have no desire to purchase these coins at a premium. Silver is an easy, almost guaranteed sale, whereas error coins require finding the right collector.

Talk to your dealer(s). Find out what coins they'll pay a premium for, and what price they pay. Also, have a look on eBay and see whats selling (and what's not), and at what amount they're selling. After seeing what your dealer(s) pay and the amount they're selling for on ebay you can make an informed decision on who you want to sell to and whether its worth the extra time to fully search your halves or just look for silver.

Keep in mind that eBay charges ~12% off the top to sell. Craigslist is free, but you have to deal with people face-to-face and the possibility of getting robbed/followed home and burglarized/etc. is there. You'll generally get less cash when selling to a dealer, but you walk in with coins and walk out with cash. Easy and convenient. Weigh all of your options and the pros and cons of each. Then decide what is best for you. Good luck!

 

[Okie Noob]

Welp,

I trudged down to my other bank and bought 750.00 worth of halves they had on hand today and ordered 4k more that will also be in next Thursday.

Got back home and we found TWO 40%'ers out of 1,500 halves.
Yay...

Anyhow, for those who were asking, I live in Okla., hence the moniker.

My first bank said they wouldn't charge anything to cash them out.
The second bank said they really didn't want them back.
So, I'm planning on buying from second bank and selling to the first bank in the future.

Soooo, with the 4k of halves I'm getting from both banks next week we will have 16,000 more Kennies to look thru.
I'm hoping to fare better on that batch.

If I don't I think we will be fairly bummed.

Thanks so much for your help.
I really appreciate it.

 

[ArkieBassMan]

Seeing as how banks have to pay a fee to order coins and pay another fee to ship them off, both buying and "cashing them out" at the same bank will in most cases get you cut off from doing either very quickly.

 

[ArkieBassMan]

And 2 40%ers for only $750 isn't bad at all. Probably a tad bit above average.

 

[FormerTeller]

Soooo, with the 4k of halves I'm getting from both banks next week we will have 16,000 more Kennies to look thru.
I'm hoping to fare better on that batch.

If I don't I think we will be fairly bummed.

What Arkie said.

And prepare to be bummed... two 40%'s from $750 is indeed above average. While you may get lucky from time to time, expect to have long streaks of finding NOTHING in a box. I'd recommend you don't get into this hobby (and it is a hobby) with the intent of getting rich, or even necessarily breaking even, if you place a value of your time. If you're doing it for the fun of it, then yes, it may be worth your time.

Either way, good luck to you!

 

[Wilmingtonsilver]

I have found 1 40% in boxes since the first of November. Don't expect to make money.

 

[Okie Noob]

When I brought the coins in, the teller immediately said,

"Did you find any silver?"

I said "No."

She said the company who provides the halves goes thru the silver before the bank gets it.

But this $750 worth I got from the other bank.

Anyone heard this before

Note: I don't plan on "making money", but I do hope to find some silver to stack, hoard, and roll around on.

 

[enamel7]

Nope, she doesn't want you to get any more. Tellers only know what the delivery guys tell them. And they just want to carry less boxes.
HH
enamel7

 

[fistfulladirt]

She said the company who provides the halves goes thru the silver before the bank gets it.

But this $750 worth I got from the other bank.

Anyone heard this before

Now that's a new one!

 

[bigmike0377]

I have been told that before and still found silver.

 

[Wilmingtonsilver]

Now that's a new one!

Bwahahahahahahahahahahahahahahahahahahahahahahaha!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

 

[silverdollarbill]

I've seen a few posts on here about the people who process the coins are removing silver. It makes sense.