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<p>[QUOTE=&quot;1865King, post: 7755952, member: 103207&quot;]1964 Kennedy half dollars unless pristine could be consider junk silver.&nbsp; There were about 275 million made in Philadelphia and about 160 million made in Denver.&nbsp; Very few actually circulated most were horded.&nbsp; So unless they look like an MS 65 most dealers would classify them as junk silver or bullion.&nbsp; Don&#039;t confuse the word JUNK with TRASH.&nbsp; Junk silver is considered as a form of bullion and some will end up in the melting pot.&nbsp; With junk silver being consider as bullion it is usually sold by weight or face value.&nbsp; A bag of 1964 silver half dollars in mint state would be sold at X times face value.&nbsp; X being the spot value of silver.&nbsp; So $100.00 in face value of low MS grade Kennedy half dollars may get sold for 20 times face.&nbsp; Which means $1,000.00.&nbsp; I&#039;m just using this as an example of sell prices..&nbsp; Most dealers will set their sell price based on the spot price of the day and what they think they can get for them.&nbsp; Trash silver coins are going right to the melting pot.&nbsp; These would be common coins of very low grade, damage or have something else wrong with them.&nbsp; Just to let you know there is a big behind the scenes market for junk silver.&nbsp; This where dealers sell a lot of junk silver and that silver is in turn sold to people like survivalist or people that like to have emergency money.&nbsp; Silver is a great barter tool.&nbsp; This is also why silver eagles and maple leaf&#039;s are so popular.&nbsp; As strange as it may seem there is really no reason for government to strike silver or gold bullion coins.&nbsp; People do collect these coins but, a collector may only want one or two each year.&nbsp; So where do all the rolls of silver eagles go.&nbsp; Just like junk silver they go to people that really like the idea of having real money and not paper or base metal coin.[/QUOTE]</p><p><br /></p>

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