by Recyclersteve » Thu Aug 31, 2023 11:38 pm
Two more half dollar searches to add to the mix for the last day of August.
The first batch of halves was $40- yielded nothing.
The second batch was $60 and was QUITE INTERESTING! First, the bank ran out of coin wrappers so all the coins were wrapped in Scotch tape! I could clearly see what appeared to be a very lustrous half, likely a 90%er, in one of the six rolls. It appeared that there might be 2 or 3 silver halves total in that roll.
The halves were almost certainly those from a collector. There was a roll, for instance, that had all 1976's and they were all circulated. So it was likely put together by a collector.
Nonetheless, I went through the first five rolls of my six roll haul and wanted to save the one with silver for last. There was no silver in the first 5 rolls. The last roll, which looked like it could potentially have 2-3 silvers, had 13 SILVER HALVES INSTEAD! 2 were from 1964 and the other 11 were 40%ers.
As I've mentioned before, this is still shaping up to be the very best silver year for me since 2010. I've already found 74 silver halves this year (1.5% of the coins searched). That is the most halves and highest percentage since 2010 when I found a whopping 553 silver halves (3.3% of those searched).
My theory is that perhaps there were a bunch of collectors who died during the COVID years and their estates are just being settled now.
I am purposely creating a separate posting with part of this message to appeal to a broader audience on the RC site. I apologize if anyone reads the same thing twice and realizes they need more coffee!
P.S. The same bank with the taped rolls also had $70 in assorted Ikes, likely from the same collector who provided the silver halves. Why? There was, for instance, a whole roll of 1972-P and 1972-D (circulated) Ikes.
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).
NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.