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40%???

PostPosted: Sun Mar 11, 2012 11:16 am
by philadelphiafan
Should i buy 40% halves? Will the purity hurt me down the road when i am looking to sell?

Re: 40%???

PostPosted: Sun Mar 11, 2012 11:51 am
by wagsthadog
Hi there-

JMO, 40% halves are worth buying if you can get them a buck or two under spot, but if you're buying them at full melt you might be paying too much. They typically sell a bit under melt, but always seem to sell pretty well here. Same with war nickels. I wouldn't make them the bulk of my stash but always be ready for deals.

Wags

Re: 40%???

PostPosted: Sun Mar 11, 2012 12:09 pm
by Chief
I bought a lot of them when I began buying silver. I now find some of them roll searching. One day I might trade up to 90% halves. 40% halves are kinda cool.
Why not buy them if you think silver prices are going up?

Re: 40%???

PostPosted: Sun Mar 11, 2012 3:12 pm
by Diggin4copper
I was selling some of mine to turn into 90%.. but every time I get the cash in my hands, life gets in the way and I end up spending it on groceries orsomething.. I always end up with less silver... :(

Re: 40%???

PostPosted: Sun Mar 11, 2012 4:29 pm
by 97guns
Diggin4copper wrote:I was selling some of mine to turn into 90%.. but every time I get the cash in my hands, life gets in the way and I end up spending it on groceries orsomething.. I always end up with less silver... :(



thtats what i've been doing but instead of buying after i sell i buy before :mrgreen:

Re: 40%???

PostPosted: Mon Mar 12, 2012 12:03 pm
by CopperHound
I agree, I keep the 40% I find, but I don't go out of my way to buy unless it's a good deal. Those 90% 64 Kennedys are SWEET, gotta love 'em. :D

Re: 40%???

PostPosted: Mon Mar 12, 2012 5:03 pm
by OneBiteAtATime
If there were a currency crisis. LOL. If.
When there's a currency crisis, people won't care if it's 40 or 90, they'll just know they want it.

Re: 40%???

PostPosted: Mon Mar 12, 2012 5:24 pm
by Engineer
The only thing that scares me off from 40% is the general public's ignorance of it. Half the people out there could probably recognize 90%, but only a few percent of people in the US would know the values of late date halves, war nickels, or even post 64 Canadian silver.

Re: 40%???

PostPosted: Mon Mar 12, 2012 5:51 pm
by lance
:P
Engineer wrote:The only thing that scares me off from 40% is the general public's ignorance of it. Half the people out there could probably recognize 90%, but only a few percent of people in the US would know the values of late date halves, war nickels, or even post 64 Canadian silver.

Who cares about the general public...they still sell for 5 bucks a pop on ebay

Re: 40%???

PostPosted: Mon Mar 12, 2012 8:12 pm
by everything
I've been holding mine, a cheap fractional, 7 of them make an oz.

Re: 40%???

PostPosted: Mon Mar 12, 2012 8:22 pm
by tractorman
everything wrote:I've been holding mine, a cheap fractional, 7 of them make an oz.


Yep, and one 90%er and one 40%er make .5 oz.

40%ers are cool, they are silver after all. But they sell at a discount now, so they'll probably sell at a discount in the future.

Re: 40%???

PostPosted: Mon Mar 12, 2012 8:23 pm
by dan53
I sell my forties and hoard my nineties.

Re: 40%???

PostPosted: Mon Mar 12, 2012 9:40 pm
by schockergd
You can do well trading em around. I usually offer well under spot and resell 5% below spot, once in a while I can score a nice deal and keep quite a few.

Re: 40%???

PostPosted: Tue Mar 13, 2012 10:41 pm
by halfhunter
My biggest gripe with them is they take up about 3x the space of 90% halves.
I don't buy them unless they are BU OBW rolls under spot. Picked up maybe 25 or 30 rolls through the years.

HH

Re: 40%???

PostPosted: Wed Mar 14, 2012 8:07 am
by PennysaverCP
I love 40%ers'. Poor mans silver.

Re: 40%???

PostPosted: Wed Mar 14, 2012 8:23 am
by Cu Later
depends on price.

Re: 40%???

PostPosted: Thu Mar 15, 2012 3:48 am
by JadeDragon
It's far fetched, but if Silver tanked that 40% has a higher face value than equivalent silver in 90% coins. Seriously, a lot of silver (even 40%) fits in a small space, so why worry about how much space it takes.

It does sell at a lower/no premium so you can get more silver for your money. When silver doubles, your making more lift with more ounces.