I'm sure this question has been beat to death but I wanted to get current opinions on this matter: I have 108 (about 5.5 rolls) of 40% halves from CRH. Should I try to trade them for 90% coins (rosies or 1964s) or are the 40% halves fine to keep? Eventually, I want to gather enough to cash in. And, if I should trade, can I expect to get an equal trade (oz for oz) of silver? Or will it be lower since I'm trading 40%? Thanks for any help.
In a fair trade, you would have to give up 10-25% of silver value to upgrade from 40% junk to 90% junk.
I already have a lot of 90%, so I am going to trade my 40%ers for cash at the next spike ( someday...) - - and ideally, I would turn that into 99.9 fine. Eagles. Provident metals dot com has really good prices, best online I have seen. Buy low, sell high.
Post them on Craigslist. I sold a roll of 40% to someone off Craigslist for pennies under spot and went straight to my LCS and bought 90%. The guy aven me me next door from my LCS.
Silver content is silver content. But each time you buy/sell, you lose on premiums or fees to the dealer. I think you should just hold them until you have a reason to buy something else with the money. The silver content provides a floor, whether its 40% or 90%. If you want significant numismatic value added to the silver value, you have to buy something like Morgan dollars.
