Hey guys, well my fiance brought me home a Kennedy half she got at work today, 1964, 90% pure silver! Id say its an EF, everything is there just a little dirty....... anyways, I know its worth about 10x face value for the silver content alone, but why do the price guides not reflect this?? If I wanted to sell the coin, would a dealer give me 5 bucks for it?? I dont plan on selling, just a hypothetical situation...... Who would buy a coin for its melt value?? Thanks Jim
First off, nice find. :thumb: I'd say you would get 8-10X face for it if you sold it to a dealer, depending on the dealer. Price guides normally won't list a coins "melt" value, because they are more for the numismatic value, IMHO. Could be wrong though. Phoenix
It is a nice find but 1964 Kennedys are common as mud and sold by dealers as "junk silver". I've purchased AU and BU examples as "junk". You got yours for face so you did real good. clembo
The Grey Sheet does not list the melt value of individual coins but does list the melt value for bag ($1,000) quantities of circulated 90% silver, 40% silver, silver dollars, War Nickels, ASE and Canadian 80% silver.
Thanks for the replies guys! Its going in a 2x2 tomorrow and will never see another cash register again, thats for sure! Jim
When you purchased the BU examples at "junk" how much were they?? Im interested in picking up a few good examples, not these dirty ones I have hoarded! Jim
It's been a while Jim and I hope I didn't sound condescending. You should be able to get them at whatever the going rate is for "junk" silver. Both of my dealers usually have some on hand. They'll hand me a box and let me sort through the coiins. If a dealer does larger volume your chances are better - especially if you know the dealer. You may also happen upon some nice Washington quarters and Roosevelt dimes this way. As for you "dirty" hoard. Nothing wrong with that at all. It's dirty SILVER. clembo
