What would you do!?

[Beginner'sfindings]

I have found plenty of 40% Silver Kennedy Half Dollars while coin roll hunting. I am debating on trading them in for 90%. If I do this with a dealer/coin shop then then will buy at spot and sell 90% at a premium. Or I could sell my 40% at a premium and then buy from the dealers. What do y'all recommend? Or should I just keep my 40% since I basically got each coin for 50 cent front the bank.

 

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[NorthernTesoro]

Last time I had a substantial number of 40% halves, I traded them for 90%. At some point it just became too much unnecessary bulk and weight.

 

[Beginner'sfindings]

But didn't you lose some money on the front end? It wasn't an even trade was it

 

[NorthernTesoro]

Correct, I did lose a little because of the premium but since I got the halves for face value I didn't mind since you still come out way ahead compared to people that have to buy at current silver prices.

 

[bill from lachine]

Id try to sell them to other collectors say at a slight premium to melt which should offset the spread when buying the 90% ones from a dealer.

Regards + HH

Bill

 

[Beginner'sfindings]

That's makes sense