40% Kennedy Halves - Realistic Expectation for ROI

Discussion in 'Bullion Investing' started by furryfrog02, Aug 7, 2019.

  1. TheFinn

    TheFinn Well-Known Member

    I sold all of my 40% in April 2011 when She was at $42/oz. People were so hungry to buy any silver near the top of the bubble that I sold it at melt.

    Good times.

    Hang on for a bit and we might be back there.
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  3. Packrat

    Packrat Active Member

    That is a lot of silver to pull from circulation in a couple of years.
  4. furryfrog02

    furryfrog02 Well-Known Member

    I had a good run for a few months. I pulled ~10 rolls of Walkers/Bens/and 90% Kens too. Lately I've been mostly skunked.
  5. bugi1976

    bugi1976 Member

    apmex sells them for 5x face value now - so only 1 ct / oz over spot

    ask them what they pay for them
  6. Bman33

    Bman33 Well-Known Member

    I’d wait to sell but if you need money at least sell on a schedule. Think Dollar Cost Averaging in reverse. Sell once a month $50 face.
    Mr. Flute likes this.
  7. juris klavins

    juris klavins Well-Known Member

    40% JFKs and 35% war nickels are tough to sell anywhere near melt - expect to receive significantly less - 90% silver coins do much better since they are more desireable.
    Since yours are from circulation and not purchased at a premium, anything you can over 50c face value is a bonus - seek out the best offers and good luck! ;)
    Last edited: Aug 8, 2019
  8. myownprivy

    myownprivy Well-Known Member

    Ok, ok, let's get rational here.

    We know he pulled these 40%s from circulation. But that doesn't mean he should give them away for less than he thinks they are worth.

    We should all know that war nickels and 40% Kennedys are not good investments. However, there is nothing wrong with getting them for face value. Why would you pass on free money?

    I just keep seeing the same posts over and over again about 40% halves, and I wish we'd stop repeating ourselves.
  9. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    This is what I was wondering. My LCS Guy is as good as they come. He isn’t thrilled about the 40% stuff and will reluctantly take it. A load like that may be worth looking up smelters on the web.
    furryfrog02 likes this.
  10. -jeffB

    -jeffB Greshams LEO Supporter

    I went off to check Apmex's current buy price, but it looks like they've entirely stopped listing buy prices. :( The amount here would surely be above their old $1000 actual-value threshold, though...
  11. abuckmaster147

    abuckmaster147 Well-Known Member

    Thats the same way I feel, I have a small amount of old class rings to get rid of. Who, Who, Who, To get the best deal from?
  12. myownprivy

    myownprivy Well-Known Member

    Well, the gems in it will be basically worthless. (But check what they are first). Small diamonds essentially have no value.

    Unfortunately if your ring is 10 or 14k gold it is probably only 3 grams or maybe 4. AGW for that will be about 1.25-1.66 grams (if 10 karat) and 1.75-2.3g (if 14k). With gold at $1500, that's $48 per gram.
    That's $60-$110ish melt value. I doubt you'd get more than $50-$100 for it.
    Heavymetal likes this.
  13. abuckmaster147

    abuckmaster147 Well-Known Member

    That is kinda what I am figuring, The men's one is much bigger than the women's. All from 1950's But then again the mens fake jewel is bigger too I was hoping for $100. but don't know where to take them. have a bunch of 40 %ers also that was thinking of trading up to ASE's
  14. myownprivy

    myownprivy Well-Known Member

    A reputable coin shop that specializes in bullion should give you close to melt. But also it doesn't hurt to go into a few places to see. A jewelry store will likely offer less, but more than a pawn shop or a "we buy gold" hut.
  15. Mr. Flute

    Mr. Flute Well-Known Member

    So, what did you do?

    With silver at $18.30 right now, did you sell all at $17 or only some and still have some for today?
  16. furryfrog02

    furryfrog02 Well-Known Member

    I got busy with my classes and didn't get around to putting any feelers out. Looks my laziness made me an extra $242.91 melt value lol.
    Mr. Flute, -jeffB and Heavymetal like this.
  17. furryfrog02

    furryfrog02 Well-Known Member

    I doubt anyone is still following or caring about this thread....but I sold $250 face today for 4.5x face. Was cut a check for $1125, or $875 profit.
    That money went to pay for newborn baby photos and this... (my other hobby)
    WRSiegel and -jeffB like this.
  18. abuckmaster147

    abuckmaster147 Well-Known Member

    WHAT!!!! Is that a Large or small date?
  19. furryfrog02

    furryfrog02 Well-Known Member

  20. Prez2

    Prez2 Well-Known Member

    About 2 times face but I'm holding all mine till they get back up to the 10 times they were about 10 years ago.
  21. -jeffB

    -jeffB Greshams LEO Supporter

    Nice! It's enough to make me feel a little regret for all I sold at 4x.

    Who knows; in another couple of years, it could be back up to 10x, or back down to 2-3x. But at some point, weget tired of tripping over the things, and would rather have the cash.
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