Shoddy US coins soon to be melted?

Is there any hope that a lot of ugly US coins will soon be
melted because of the high silver market spot prices or
have they been melting such coins all along?

My early "christmas wish" would be melting
all of the 90% and 40% kennedy halves.

"frank wight" wrote in message
oups.com...
Is there any hope that a lot of ugly US coins will soon be
melted because of the high silver market spot prices or
have they been melting such coins all along?

My early "christmas wish" would be melting
all of the 90% and 40% kennedy halves.


The 40% halves do present a problem for me. Should I keep them or spend
them.
While they may command a little premium theatrically, just try to sell them.
Doesn't work at least for me.
So they hang around to clutter up my space, worth more than spending, not
worth enough to sell.

I too wish they didn't exist :-) The 64 Kennedy? I don't have one but have
found a buttload in circulation in the past.
I would like to have a pound or two of them for my metal melting/casting
hobby.

Dale

In article ,
Dale Hallmark wrote:
The 40% halves do present a problem for me. Should I keep them or spend them.
While they may command a little premium theatrically, just try to sell them.
Doesn't work at least for me.

Currently with spot silver around twelve bucks, the buy price for
40% halves on www.bulliondirect.com is $34.69 per ten bucks face, less
BD's 3% commission (and your cost to ship them, of course). That means
you get only about 5% below spot excluding shipping-- over a buck and
a half per coin, a lot better than spending them at face.

(I have no connection with Bullion Direct other than as a mostly
satisfied customer.)


--
Mike --