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40% halves. What's the point?
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<p>[QUOTE="myownprivy, post: 4206918, member: 84588"]In my CRHing I hit a milestone. 100 40% halves found! Woo hoo, right?</p><p><br /></p><p>Well... that is 14.75 ounces of silver. Today's melt is $17.33. </p><p>I "paid" $50 face for them. I don't count my time because this was a fun hobby.</p><p><br /></p><p>So after approximately a year of CRH, I found 100 40% halves. 14.75 ounces of silver. Total value $255.62. Minus $50 face. Total profit: $205.62 if I could sell them for melt. </p><p><br /></p><p>However, it's much more like I could get only $1.75-$2 each. So best case scenario I sell them $200. Minus the $50 face. I have profited $150. </p><p><br /></p><p>Was it worth it? It was fun, sure. But a year's worth of searching yielded $150? </p><p><br /></p><p>Hmmm, that's not sounding too great. And from reading other posts, it seems that finding 100 40% halves in a year was actually pretty good results.[/QUOTE]</p><p><br /></p>
[QUOTE="myownprivy, post: 4206918, member: 84588"]In my CRHing I hit a milestone. 100 40% halves found! Woo hoo, right? Well... that is 14.75 ounces of silver. Today's melt is $17.33. I "paid" $50 face for them. I don't count my time because this was a fun hobby. So after approximately a year of CRH, I found 100 40% halves. 14.75 ounces of silver. Total value $255.62. Minus $50 face. Total profit: $205.62 if I could sell them for melt. However, it's much more like I could get only $1.75-$2 each. So best case scenario I sell them $200. Minus the $50 face. I have profited $150. Was it worth it? It was fun, sure. But a year's worth of searching yielded $150? Hmmm, that's not sounding too great. And from reading other posts, it seems that finding 100 40% halves in a year was actually pretty good results.[/QUOTE]
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40% halves. What's the point?
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