I have a friend that has 74 Kennedy 50cent coins. He wants to sell them to me. Was wondering what I should pay him for a fair price for him & I. Also is there a website that you can look up the price of silver? I see alot of people talking about 40% and 90%. Thank you in advance, Jim
90% half dollars have .36169 ounces of silver, and the 40% halves(1965-1970) have .1479 ounces. You can use the link goldmark posted or go to http://www.kitco.com/market/ and get the price of silver, gold, platinum, and palladium. The only Kennedy half with 90% silver was the 1964, then in 65 the Mint reduced the silver to 40% clad, and ended silver in business strike half dollars in 1970. Not knowing if what your friend wants to sell is 74, 40% half dollars, or 74, 90% half dollars is the difference of $378.88 melt on the 40% halves, and $925.74 for the 90% halves. At current price of silver, $34.59, each 40% melt value is $5.12 each, and the 90% halves is $12.51.
Also keep in mind that the 40% halves seem to sell at a discount and are not as desirable among collectors as the 90% halves, so you may want to offer a bit less for them.
You don't mention if these are 90% silver, 40% silver or no silver at all. Of course, their price depends almost entirely on their silver content, if any.
Sorry, From what I can tell by the website you guys are refering me to they are 40%, Thanks again for all your help.
when i was selling i usually had to sell 40% kennedy's and ikes for a dollar under spot just to move them away
Current melt on 74, 40% silver halves is $381.10. I think a fair offer, to start the haggling with anyway, would be $325 and go from there. Your goal, of course, is to get this lot for under the $381.10, for if you plan to flip the lot, you would be offered less than melt from a dealer or B&M.
Do a little research for yourself. But, I would say any circulated Kennedy besides 1970, 1987, and 2002 and newer are only worth face or melt depending on whether it had silver in it or not.
Actually '02 and newer are worth more to most KHD collectors, due to the fact they weren't released for circulation. They are sold at a premium from the mint, and production is relatively low. As to how much they are worth is debatable.
