5 votes

1964 Kennedy Half Dollars for $12?

From everything I can find this seems to be a good deal. They are in really good condition. What do you guys say?



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That is not bad

I sell them today for $14 for 1964, dont bother with 65-69

Thank you!

I got some and will check back next pay period, too.

Ron Paul convert from the Heart of Dixie

Good deal for '64's

They are currently priced at $12.52 melt. If they are any later, they are worth about $5 each. Condition doesn't matter, only silver content.

I wouldn't be surprised to find them for around $12, but like was said above, make sure they are 1964's.

Thanks!

I'm going to pick up a few.

Ron Paul convert from the Heart of Dixie

Make sure they are 1964 Kennedy half dollars

Kennedy half dollar coins dated 1965-1969 contain only 40% silver and are known as 40% clad half dollars. The Mint’s removing silver from dimes and quarters, and reducing the silver content of half dollar coins to 40%, heightened the hoarding of all 90% silver coins but especially the 1964 Kennedy half dollars.

Senator Peter Schiff 2016

They have quite a few different years

And they are all the same price. There are probably at least 20 dated 1964. So that's a good price for the 64's?

Ron Paul convert from the Heart of Dixie

Pre-1964

Half Dollars should all have the same melt value. Anything after 1964 is 40% and worth less. Not worthless, worth less. :)

Check out...

Check out coinflation.com to get an idea on the melt value, and whether or not you are buying at a fair price. Hope this helps!

Just don't take the coinflation price

as what you can expect to get if you want to sell. On silver the spread is much bigger than gold when you buy so keep that in mind. For example if you are buying a 64 Kennedy and silver is 30 bucks an ounce, the actual silver value there is 30*.90/31.1 multiplied by the weight of the coin. So its 30 bucks times 90% divided 31.1 for grams per ounce time 12.3 grams which is what a half dollar weighs.

Doing the above you get a melt value of about $10.5 unfortunately if you wanted to sell it back to the dealer or even directly to the refiner what you would get will be closer to 22.95 an ounce divided by 31.1 which is 73 cents a gram and therefore you will only get about 9 bucks for the coin tops. This is because a refiner or dealer will only buy for what it will cost to refine the coin which is about 85% of the value of the silver content. So you would have to wait for the price of silver to go up to about 35 bucks an ounce before you break even.

always try to buy below melt value, a local coin shop might sell below "melt value" because they will take a hit from the refiner if they sell at "melt value" anyway.

Hope this helps and that you can understand it.

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