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$300, good price?

This forum is for discussing hunting and collecting US and Canadian circulation Silver Bullion Coins, other types of minted bullion, and other types of precious and base metal investments other than Bullion Pennies and Nickels.

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$300, good price?

Postby DebtFreeMe » Sat Feb 11, 2012 5:19 pm

Would $300 be a good price to purchase the following all together:

40, 40% Kennedy halves
6 Franklin, and 1 Kennedy 90% halves
11 Silver war nickles

I'm kind of new to the silver market...

Thanks
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Re: $300, good price?

Postby tractorman » Sat Feb 11, 2012 5:25 pm

That's right about melt value. You might be able to do better in the buy/sell area here. 40% and 35% usually trade at a discount to melt.
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Re: $300, good price?

Postby davycoppitt » Sat Feb 11, 2012 7:23 pm

I'd pass on it, for the reasons tractorman stated.
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Re: $300, good price?

Postby DebtFreeMe » Sat Feb 11, 2012 7:37 pm

thanks guy's...

I'll pass on it
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Re: $300, good price?

Postby Engineer » Sat Feb 11, 2012 7:40 pm

If you keep an eye on the finishing prices of this week's kitchen sink auctions, you'll get a pretty good idea of the prices you should be looking to pay.
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Re: $300, good price?

Postby DRP270 » Sat Feb 11, 2012 10:58 pm

As in another post, less than 90% (US) is shunned because of the cost to smelt. This could change someday.
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