Page 1 of 1

Sweet Ebay deal- beginner's luck

PostPosted: Tue Oct 04, 2011 8:27 pm
by creshka46
Today I did my first go at buying silver on ebay.

I just won the bid for a mostly full kennedy half dollar book, it contained:

(2) 1964
(8) 1965-1969
(25) 1971-1989

All this for $53 + $4 shipping!!!!!!
I couldn't believe my luck. :D
The only explaination that I can come up with is that everyone else bidding forgot about the $12.5 in clad value. Earlier today I bought 21 40% halves from the same seller for $87.11 shipped and I thought that was a decent deal!

Here's the link, not sure if it will work or not since it's closed now:
http://www.ebay.com/itm/230680834093?ss ... 1439.l2649

Anyone want to double check me confirm that I really did just get a good deal? :?

Re: Sweet Ebay deal- beginner's luck

PostPosted: Tue Oct 04, 2011 8:39 pm
by justj2k78
2 90% halves = $21.59
8 40% havles = $35.32
25 clad halves = $12.50
-------------------
total = $69.41

Re: Sweet Ebay deal- beginner's luck

PostPosted: Tue Oct 04, 2011 8:56 pm
by Rastatodd
Apply the $12.50 towards the purchase price. You purchase the 40%/90% Kennedy halves for $44.50. Spot value at $56.88. As of today, that is a profit of $12.33. I wish I saw this auction. A nice first win on eBay. Congratulations!

Re: Sweet Ebay deal- beginner's luck

PostPosted: Tue Oct 04, 2011 9:10 pm
by tractorman
That is a nice snag!! Its impossible to find junk silver below spot on eBay. Its hard to find junk lots for 25x, when melt is 21x. You did very well. I equate this to finding silver in the wild ... on eBay of all places!! Good eye, very good eye.

Re: Sweet Ebay deal- beginner's luck

PostPosted: Tue Oct 04, 2011 9:18 pm
by TwoAndAHalfCents
Good score there. I have had luck in the past with auctions like this. I guess when the 90% and 40% silver halves are mixed with a bunch of clad ones it scares away a lot of bidders. Today I picked up an auction on eBay for a mixed lot of 90% and 40% silver halves for a total of $58 shipped (1 - Walking Liberty, 2 - 90% Kennedy, 6 - 40% Kennedy). That comes to around $29 and change per ounce. I thought that was a good score but you did WAY better.

Re: Sweet Ebay deal- beginner's luck

PostPosted: Tue Oct 04, 2011 10:25 pm
by neilgin1
i sure hope it aint you with the 36 stars running around the silver roll section........i will slash and burn, but whoever the cat with the 36 stars is, you making my life tough, but when all is said and done, its my silver.