I have a bag full of '64 Kennedy Half Dollars. After viewing the numerous evaluations of the '64 Kennedy Half Dollars I am at a loss to know what I should sell them for. I, too, would like to make a profit on the sale, but I don't know where to start… I'm not a Coin Specialist or a Coin Business seller… I'm just a person with a bag full of these half-dollars… NGC says they are currently 'retail' worth $9.66. If 20% is the going Dealer profit…then the Kennedy coins should net me $7.72.. I also have 6 Ben Franklin '61 and '63… what price should I get for them?.. NGC says they are worth retail $12.77. So, with a 20% dealer profit, my price should be $10.21. Does anyone know the current Bid and Ask on the Grey Sheet so I can intelligently bargain with a buyer? Any comments or advice you offer will be appreciated. They are all typical circulated coins, lovely condition, but not uncirculated. Thank you.
They are worth spot, look at coinflation.com under silver value for half dollar. That will be what you would get, you might sell them for spot or 5%+-.
The Franklin & Kennedy half dollars both contain the same amount of silver, .36169 oz., so there should be no difference in value if you are just selling them for melt. Chris
1964 Kennedy Half Dollars have virtually no numismatic value. All of the value is in the silver. With 1 half dollar melting at $7.09 and a dealer making, lets say, 5-10%, I'd say you would be getting a fair deal at approximately $6.38 - $6.73. If you are selling them to a collector, you should probably ask a little above spot.
Thanks for the emails... A question… What about NGC's evaluation of their value? That is a highly recommended site… Why is their evaluation not considered? I can understand the Kennedy coins, being so common, as junk silver…. (terrible wording), but a Ben Franklin coin… Rarely in my life have I ever come across one. And, what is the current Grey Sheet evaluation bid and ask of the Kennedy '64 and and the Ben Franklin 61/63? I just want to understand how the coins are valued. How would I handle my offerings at a Coin Show? Any advice is appreciated.
Update: I don't need any response to the above inquiry… I found out what I needed to know by actually attending a Coin Show. Very interesting. The variety of coin seller personalities was amusing. To get information, I first emailed some individual Coin Advertisers, but the replies were not informative. One reply told me where to find his Table at the Coin Show, but when I got there it appeared it was just a kid tending to the coins. So, It came down to: Who should I trust? After speaking with one of the Attendees, it turned out it was a young man with no knowledge, no business cards, no pen, not much of anything in preparation for dealing with money. The next Table I found free, I found what I was looking for. Honesty, prepared, helpful, neat, well dressed, and tall and good-looking. <smile> I found my Agent. Thank you all for your input. Frances
Well, I didn't think I was all that handsome, but I was walking down the sidewalk minding my own business and I overhead some girls saying nice stuff about me. One girl was pointing at me and said to her friends, 'get him'. I was worried that I couldn't run fast enough to get away.
