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cake

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  1. Super LOVE
    cake got a reaction from stefffana in 1964 silver half dollars   
    thank you sir!
  2. Like
    cake reacted to stefffana in 1964 silver half dollars   
    A half dollar is 12.5g x 0.900 = 11.25g pure silver = 0.3617oz.
    If you have 14 of them ($7.00 face value), you have 5.06oz of pure silver equivalent, with a melting value today (spot $23.25/oz) of $117.73. 
    But I am sure that you can have a premium of minimum 10%, so you can probably sell them at @$130. In UK, the premium is over 35% for US half dollars, but in USA probably 10% is the norm.
    All the best!
    Stefan.
  3. Like
    cake got a reaction from James32 in 1964 silver half dollars   
    Why does one look golden in color?  Thanks!
     

  4. Like
    cake reacted to stefffana in 1964 silver half dollars   
    Yes, it is normal for a silver coin who spent half of century in a PVC plastic holder.
    I have had few similar. Look on these:



  5. Like
    cake reacted to James32 in 1964 silver half dollars   
    It's been blessed by the hands of Jesus 😆 
    @stefffana any idea's 
  6. Thanks
    cake reacted to Britannia47 in silver coin question   
    Probably not, to be honest, certainly not to the extent of checking the LBMA list. All the RM does is ensure it’s  gold is responsibly sourced. As for buying/selling on TSF also probably not. If it’s an issue of ethics etc then it becomes a personal choice. I see no difference between the Royal Canadian Mint and West Point and have bought from both. I’m sure other members will also buy from mints world-wide if it’s the right coin.
    Just buy what you like and and can afford regardless. 
           
  7. Thanks
    cake reacted to Pete in silver coin question   
    A bullion coin has 2 prices - scrap meaning spot or thereabouts for the raw metal and market price - what punters are prepared to pay.
    I recall the days when you could purchase Eagles at a few dollars over spot making them amongst the cheapest bullion silver around.
    Not sure what has changed in the USA, perhaps lower mintages or panic switching from fiat to metal as retaining value.
    Paying a premium is risking that the interest will not wane but I suspect prices will fall so look for the cheapest silver at the moment.
  8. Thanks
    cake reacted to Lr103 in silver coin question   
    I probably would just buy the less expensive one, but there are plenty of people who seem to be willing to pay a big premium for Eagles, so they are pricing to the market. 
    The premiums are on both sides of the trade as well.:.I was recently emailed a promotion from APMEX offering to buy silver Eagles for $10 over spot. 
     
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