Should I buy this?

The $7 I mentioned was MS 1964 Kennedys, according to redbook, and a limit on how much the OP should not go over for the one in the ad. When I first saw the ad, the last bid was at $7, too high for a 65, which you can find for $3-$4 raw.

 

Log in or Sign up to hide this ad.

I highly recommend not going by the redbook prices ever. They seem to trend very high. You should be able to find nice uncs for less then $4.

 

The seller's got another coming up in 23 hours with a 99 cent starting bid. Try for that one.

I wonder, you dealers say 9 bucks is too much. I agree, but what would you sell a really nice 40% Kennedy for if you had it in your shop and somebody came in looking for it?

I can see a dealer putting a ten dollar price tag on it. My local dealer would. He wanted to sell me a proof '64 Kennedy for $20.00.

 

I usually melt them to be completely honest.

 

However, there are two types of 64 Kennedy proofs, 1 with heavily accented hair selling for around $25-$35, the other without for around $10.

The 64-D, the more rarer with over 156million strikes, goes anywhere between $5-$7, and I've seen some for less than $5, and thats MS.

 

To make silver bullets???

 

We get very few customers looking for Uncirculated 40% half dollars here in the shop. I would bet maybe 1 or 2 a year. We buy many hundred 40% halves a month. We throw them in a big bucket and then when we get enough of them we send them off to our refiner where they are melted and melt assayed they then purchase the silver from us.

This is a pretty common practice with 40% half dollars. Huge supply and tiny collector demand.

This thread has inspired me. I dug a nice looking 67 out of the bucket and tossed it up on EBay and I want to see what it brings. I may not melt them anymore.

 

I was thinking the same thing. I'm not a dealer, but if I can get 8.50 a piece, I'm there.:smile

 

Well you saw that 65 went for $8.50, maybe you should auction them on eBay

 

Thats an idea!