Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Exchanging 40% silver for 90%
>
Reply to Thread
Message:
<p>[QUOTE="-jeffB, post: 2787935, member: 27832"]Hmm. I've blown the "wear takes off metal" trumpet here for a long time, but even my slickest Barber half probably hasn't lost as much as 10% of its weight.</p><p><br /></p><p>Out of the thousands of Kennedy halves I've handled, I could count the sub-XF examples on the fingers of one hand. That means they've lost scant milligrams of weight due to circulation; that's probably one reason 1964 Kennedys often trade at a premium over other forms of 90% junk silver.</p><p><br /></p><p>If you assume all the wear comes off the 80% layer (almost certainly true), it just means the proportion of silver lost is twice what you'd measure on a 90% coin. (Taking off 10% of the weight of a 40% Kennedy would take 20% of the silver; taking off 10% of the weight of a 90% coin would take 10% of the silver.) Since you're losing probably well under .1% of the coin's weight at these wear levels, you're still ahead of the typical circulated 90% junk.[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 2787935, member: 27832"]Hmm. I've blown the "wear takes off metal" trumpet here for a long time, but even my slickest Barber half probably hasn't lost as much as 10% of its weight. Out of the thousands of Kennedy halves I've handled, I could count the sub-XF examples on the fingers of one hand. That means they've lost scant milligrams of weight due to circulation; that's probably one reason 1964 Kennedys often trade at a premium over other forms of 90% junk silver. If you assume all the wear comes off the 80% layer (almost certainly true), it just means the proportion of silver lost is twice what you'd measure on a 90% coin. (Taking off 10% of the weight of a 40% Kennedy would take 20% of the silver; taking off 10% of the weight of a 90% coin would take 10% of the silver.) Since you're losing probably well under .1% of the coin's weight at these wear levels, you're still ahead of the typical circulated 90% junk.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Exchanging 40% silver for 90%
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...