Please tell me the silver lining in these two stories
#1
1964 KENNEDY HALF DOLLAR (since 1977)
I've had a 1964 Kennedy Half Dollar for over 40 years, circa 1977.
Some time during the mid 1970's, circa 1977, I got this Kennedy in change, so the cost for this Half Dollar was 50 cents. At the time I bought two Snickers candy bars for about 50 cents and this coin was the change from a dollar. (Yes, TWO SNICKERS for FIFTY CENTS).
My 1974 "A GUIDE BOOK of UNITED STATES COINS" (US RED BOOK) indicated that it was worth a max of $1.25 in numismatic value. For those who don't know, the US RED BOOK is THE DEFINIIVE GUIDE for all U.S. Coins.
Here's my 1974 US RED BOOK, next to my 2017 US RED BOOK.
Here's the page from the 1974 US RED BOOK for the 1964 Kennedy Half Dollar. A perfect uncirculated 1964 Kennedy Half Dollar is worth $1.25.
Here's the page from the 2017 US RED BOOK for the 1964 Kennedy Half Dollar. A perfect uncirculated MS-60 1964 Kennedy Half Dollar is worth $11.
In 1977, the numismatic value was a max of $1.25, but it was worth about $1.75 in silver content. ( or about 7 Snickers candy bars ).
In 2017, the numismatic value is nothing, because it is not uncirculated MS-60, but it is worth about $6 in silver content. (or about 6 Snickers candy bars. ).
I've had this Kennedy Half Dollar for so long, I'm keeping it for sentimental reasons.
What is the silver lining of this story?
#2
1964 KENNEDY HALF DOLLARS (since 2011)
I've had a couple of 1964 Kennedy Half Dollars since 2011.
Some time during 2011, I bought a couple of 1964 Kennedy Half Dollars. Silver was about $40 per ounce and too much to buy an American Silver Eagle, so I bought a pair of 1964 Kennedy Half Dollars for about $15 each.
A short time later, the price of silver started heading down. I sold other silver bullion rounds when the price was about $35 per ounce. I kept these two coins because I liked them.
Now, silver stands about $17 per ounce and these coins are worth about $6.
I'm down from $15 per coin to $6 per coin!
What is the silver lining of this story?
SILVER GIVE AWAY - TWO 1964 KENNEDY HALF DOLLARS (ONE PER STEEMIAN)
My loss is your gain. I'm giving away these two Silver 1964 Kennedy Half Dollars to two steemians who would like to win them.
BASIC CONTEST RULES:
- Please Follow Me
- Please Upvote this Post
- Please Leave a Comment - Find the silver lining of these stories?
Re-Steem would be nice.
I will use a random tool to select winners at random.
I will post the winners in 7 days, on 10/06/17.
(Note: I will need an address to send the coin).
WHY I AM DOING THIS
I've been collecting coins for over 40 years. The true purpose of this post is to bring awareness to the US RED BOOK and (over the years) the value of Silver ( and Snickers ).
FYI - For One US Dollar
- In 1977, I could get 4 Snickers
- In 2017, I can only get 1 Snickers
.