I`ll start by admitting I like junk. We all know the accepted calculation is .715 troy per$1.00 face. I`m not sure(not to be confused with the movie Idiocracy) thats fair. A small part of my junk could be refered to as slicks. Dimes, and Quarters for sure. However, my stacks foundation would be Franklin halves. This coin was about the shortest duration of any circulated coin in our history, and most graded average circulated, are in fact in pretty darn good shape. I am aware that they have no collector value, and I hold them as Silver. I have not purchased any since the price was $24 and change. And I bought that bag here at Silver Doctors. Quarters and dimes and thay all were in very good shape.
My LCS, who I don`t do business with, because he graduated from the Tulving School of Customer Relations, sorts out the halves, and sells them at a higher premium than the rest.
My question is: Has anyone else seen halves sell at a higher premium than quarters and dimes? Does condition matter? And one more question: If I`m not wearing my hearing aids, and I drop a half on the tile floor, and I don`t hear it, did it really make any noise? Just thought I`d throw that last one in there. Kinda the tree in the forest thing.
I was browsing a store around the time that the first word of a silver shortage was making its way around, so within the last 2 months. I was asking about spot prices at the time, and they told me that half dollars were a dollar more per oz than quarters and dimes because something “funny” was going on. This was at a dealer in southern mass. Next time I go in, ill update this thread if I remember.
Right now I have tubes of SAE's and I'm building to a particular number (no rhyme or reason) of 90% coins (halves, quarters and dimes only) and also getting rounds and 1 oz and 5 oz bars from known processors.
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