40% silver Ike market

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.

Please Note: These articles are to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it.

40% silver Ike market

Postby scotto » Fri Dec 10, 2010 10:13 pm

Is there a market for these coins or are they just a novelty? I know the 40% Kennedy's aren't overly popular.
scotto
 
Posts: 17
Joined: Wed Oct 27, 2010 5:42 pm

Re: 40% silver Ike market

Postby lewbo » Fri Dec 10, 2010 10:15 pm

just to be nice there might be a few folks around here that might take them off your hands
Selling US pennies 1.9 face shipped. Never mind I am keeping everything!
User avatar
lewbo
Penny Hoarding Member
 
Posts: 954
Joined: Sat Aug 16, 2008 3:00 pm

Re: 40% silver Ike market

Postby scotto » Fri Dec 10, 2010 10:23 pm

I'm actually not looking to sell. I have an opportunity to pick some up and I was seeking some input to see if it would be worthwhile or if I should just stick to 90% silver.
scotto
 
Posts: 17
Joined: Wed Oct 27, 2010 5:42 pm

Re: 40% silver Ike market

Postby BamaJoe » Fri Dec 10, 2010 11:35 pm

I've seen plenty sell around here. Or you could sell to a dealer, Tonight AMPEX is paying $8,083 for $1000 face which works out to $4.04 each (95.28% of spot

Opps, misread the topic. Had 40% halves on my mind.
Last edited by BamaJoe on Sat Dec 11, 2010 2:26 am, edited 2 times in total.
If you are waiting for the "correction" to buy you need to realize that the increasing prices ARE the correction.


$100 Silver soon coming to a location near you.
User avatar
BamaJoe
1000+ Penny Miser Member
 
Posts: 1577
Joined: Thu Apr 22, 2010 10:00 am
Location: Confederate States of America

Re: 40% silver Ike market

Postby TXBullion » Sat Dec 11, 2010 12:03 am

I try and pick them up when I can for below melt just as with 40%. I bought a couple recently for about 8 dollars
User avatar
TXBullion
Too Busy Posting to Hoard Anything Else
 
Posts: 4779
Joined: Fri Apr 09, 2010 3:00 pm

Re: 40% silver Ike market

Postby aristobolus » Sat Dec 11, 2010 1:55 am

They are currently selling for OVER spot on ebay oftentimes. The market dictates the price; buy below spot. If you can get them for eight dollars or so, go for it.
User avatar
aristobolus
Penny Collector Member
 
Posts: 435
Joined: Thu Mar 04, 2010 10:00 am


Return to Silver Bullion, Gold, & other Bullion Metals

Who is online

Users browsing this forum: No registered users and 52 guests