Fair price for 40% half dollars

[Scott W]

Has anyone sold any of their 40% finds? I am getting overloaded with them, and would like to part with about 200 of them.
I was wondering what the going price for them. Spot? A percentage under or over?

 

[Scott W]

This isn't an attempt to sell. Just asking opinions on value.

 

[Silver_Coin_Newb]

Has anyone sold any of their 40% finds? I am getting overloaded with them, and would like to part with about 200 of them.
I was wondering what the going price for them. Spot? A percentage under or over?

Silver shop in town offered me $1.60 a piece. Ended up selling 48 on eBay for just under $120. Came to just under $2.50 a piece. Seems that's the going price on eBay for circulated halves.


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[jrf30]

Has anyone sold any of their 40% finds? I am getting overloaded with them, and would like to part with about 200 of them.
I was wondering what the going price for them. Spot? A percentage under or over?

I normally look at a site like APMEX or something like that. See what they are selling for, and also what they are offering. Right now it is $4.82 to sell to them, and $5.59 to buy $1 face from them. Then I split it. That means I would try to sell my 40% right now at about $5.30 per $1. I use craig's list most of the time, and meet people at a bank and they pay cash. People can't buy them that cheaply, and you can't sell them that high normally. It is a mid point. That of course fluctuates too, but that is how I do it, and I normally get about what I ask for them. Good luck to you.

 

[port ewen ace]

condition matters. you want a buyer who wants numismatic quality & will pay for it. if they are crap then scrap it is. ---AU/MS ---dat's bein' a whole udder thing . don'ts be needin' a Tiffany shopper wit' a Walmart wallet

 

[Johnnybravo300]

I wish I had too much silver!!

 

[fistfulladirt]

And to think we used to toss 'em back like clad -

 

[BuffaloBoy]

I think anything above 90% of their melt value is fair to me.

 

[Mr. Silver Stash]

Ebay. Fair prices paid. You need $1000 value to sell provident. Ebay you take 10% off melt and list, and then lose 10% to ebay / paypal, but the go fast. Another option is craigslist. Meet inside the bank, safest place I can think of, to sell coins. I did this with some 40%s a while back, was happy with sale.

 

[mrogers07]

Our pawn shop pays 2.60 each.

 

[CoinFetcher]

Post me for melt - they usually disappear. Heck, even a little over melt.

 

[enamel7]

Our pawn shop pays 2.60 each.

Pawn shops, the absolute worst place to take coins!

 

[retire05]

Pawn shops, the absolute worst place to take coins!

Heck, I'd take 2.60 each. I have a lot of them in a big jug, but we don't get near that anywhere around where I live.

 

[fistfulladirt]

The pawn shops where I live are derelict. The one time I tried to buy silver halves there, they weren't for sale.
The others don't deal in PM's 'cause they're too volatile.

 

[enamel7]

Find a coin club near you to join. They generally have auctions at club meetings. You will get your best prices there.

 

[mrogers07]

Pawn shops, the absolute worst place to take coins!

That was spot at the time I took them. How is that bad?

 

[enamel7]

Most pawn shops will pay way under melt and sell above melt. You got lucky. They may be stockpiling silver and buying at melt when it's low. Let's see silver double and see if they still buy at the same price. I bet that's what happens.

 

[SCpicker]

Find a coin club near you to join. They generally have auctions at club meetings. You will get your best prices there.

There is a pawn shop here that pays spot. More than the LCS. I think spot for 40% coins is more than fair. At your coin club you actually get more than spot for 40%ers? Does the auction have no fees?

 

[enamel7]

Usually close to spot. No fees associated with the auction. Like I said, silver is still rather low at the moment. If it goes up to say, $30 an ounce I would bet money they won't pay melt. They're doing just like us, buying low to sell high.