Pros: silver obtained at or under spot. Pros: Easy to obtain quantity and complete a roll Cons: buyback spread similar or worse than other silver (probably lose 20% off spot selling to dealer) Cons: take up lots of space
I have about $600 F/V in 40%ers that I pulled from CRH. Just waiting to off load them at the right price.
Only 40% halves I keep are those that plug holes in my book. Now if one found it's way to me in the wild, I would hang on to it. But as far as my silver stacks, not something I look for at all.
I’ll buy them when the price is right but they have no place in my personal collection. I’ve probably made more money off of 40% half’s than any other form of PMs.
I keep a roll of uncirculated 1969 halves. Other than that, I don't buy 1960s halves as bullion, but, any I happen to find in circulation I definitely keep. After all, the're worth 3x/4x face value.
My general rule is to purchase them for <$2 and I will not actively buy them, but put that cap when I’m buying a coin lot and 40%ers are there as well. I don’t mind them, but I’d rather have war nickels when it’s 40%.
I have yet to ever sell one!!! I have a old maybe teabag container with a lockable lid I add to it when ever I find them. One of those thingy's you would find on a kitchen counter with sugar,Flour, and such in.
Nope. Sold all of my 40% and 90% Kennedy's and converted to ASEs. ASEs tend to hold their value better and easier to liquidate---just from my experience.
I don't have much use for silver anymore, finding it entirely too bulky versus its value. The only 40% I have anymore is a roll of 70 D's I hold on to due to numismatic value. The "pro" you listed, (being able to buy at or below melt), is really a strong indication of the real "con" here. The smelting charge to extract the silver is very high, so you will always sell them at a considerable discount. I effectively traded mine for 90% back when I was stacking silver. I haven't gotten rid of what I have for silver, I just don't have any more room really for more. Only numismatic purchases, like one ounce coins with animals for the kids, get added to "the pile" anymore.