What to do with all the 40%ers? What do you guys do?

[renegade_7]

Do you guys keep the 40%ers or sell them. If sell, to whom? And when? Yesterday I heard that silver was at $14.07. An ounce I guess. Is that good, or hold out? I will never let my 90%ers go, but I am not too keen on saving all the 40%ers. What do you guys do?

 

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[wallyblackburn]

Check out Nucleo Exchange on bulliondirect.com:

https://www.bulliondirect.com/nucleo/

The bid on rolls of 40% is $39.40 right now. They charge a low 1% commission. You can open an account and sens your 40%ers, and then sell when you think time is right.

HH,
Wally

 

[jewelerdave]

some Ebay them off, some sell them to dealers, some spend them, some of us melt them to make the others more rare and valuable.

 

[cyberdan]

Yesterday I heard that silver was at $14.07. An ounce I guess.

Yes, that is per troy ounce. That is in about the middle of where it has been lately.
8-28-07 it was $11.71 (real low) and 11-8-07 it was $15.47 I dont track everyday but those dates I recorded.

At 14.07 my coin dealer will pay 9.14X face for 90% and 3.42X face for 40%

($1.00 face value 90% silver = $9.14 cash)
($1.00 face value 40% silver = $3.42 cash)

The bulliondirect price of $3.94 for 40% is a bit better but on small amounts the shipping will kill you. But I have over $500 face right now in 40% if I send to them that is an extra $260 Well worth looking into. I had not heard of them before. Thanks Wally

happy hunting, Dan

 

[zartan7779]

personally i am just going to hold on to all the silver the come across .
its no emergency or reason i need the money so ill hold till that time ,otherwise ill keep them till my dieing day .
which at that point my 3 kids can split them up and do as they want with them .

 

[cyberdan]

which at that point my 3 kids can split them up and do as they want with them .

Make sure you tell them what I told my wife.
DON'T SPEND THEM they are worth a lot more than 50¢ each. Then I told her where to take them.

 

[acute collector]

I buy um......

I am paying 3.3 times face.


Joe
gork3@hotmail.com

 

[Immy]

I sold about $460/face in 40% about a year ago when silver was at $12.54/oz. Seems like a bad deal now that it's at $16.23 a year later but I don't regret it. I got some insight into the selling process.

Then I started building my 40% stash again (I'm at about $200/face) but I'm not selling any time soon. The way the economy's going silver has no where to go but up, up, up!

 

[diggummup]

I'm saving all mine, waiting for silver to hit $50 an ounce! I could kick myself in the butt for selling all of 2006's stash on Ebay last year. By the way the current melt value on 40% halves is $2.40 at todays silver prices.

 

[acute collector]

Update

now pying 4 time face

Joe
gork3@hotmail.com

 

[Silver_Fox]

I'm saving all mine, waiting for silver to hit $50 an ounce!

Now there is a smart man. I am saving mine until I retire.

 

[tanner]

i swap out for 90% or .999 once i get a couple hundred bucks. i just feel more comfortable with the more recognizable stuff.

 

[LJ]

I'm just sitting on mine.

 

[jonhls]

hey lejeuene a chair might be more comfortable but prolly wouldnt get you as high off the ground lol....I plan on keeping all i find for a long time...jon

 

[LJ]

hey lejeuene a chair might be more comfortable but prolly wouldnt get you as high off the ground lol....I plan on keeping all i find for a long time...jon

LOL.....When I sit on top of mine my feet just dangle......ha!