Considering that the current spot price of silver is off from its highs set earlier this year, more and more people are interested in purchasing silver coins in bulk. Â While most people associate buying silver coins in bulk with 90% silver dimes, quarters, and half dollars, many individuals are overlooking another good silver coin option; that being 40% silver Kennedy half dollars.
Kennedy half dollars minted from 1965 – 1970 are composed of 40% silver, and are an ideal candidate when buying silver coins in bulk or by the bag. Â One reason is that these coins are more common than most of their 90% silver counterparts, so they’re a bit easier to come by.
Another reason is that 40% silver half dollars can be purchased for less per coin than 90% silver half dollars. Â These coins contain 45% of the silver content of 90% silver coins, and as such, a larger quantity of these coins can be purchased for the same amount of funds. Having a larger quantity of an affordable silver bullion coin is attractive to a number of silver coin buyers.
Lastly, 40% silver coins can be purchased at lower prices (relative to their silver content) than 90% silver coins. Â While most 90% silver dimes, quarters, and half dollars sell for 3% – 10% over the melt value of the coins, 40% silver half dollars, can be purchased at melt value, or even less, when purchased in bulk.
In summary, 40% silver coins are an attractive silver bullion investment due to their availability, affordability, and price. Â When you buy 40% silver half dollars, you’re not only purchasing a highly recognizable form of silver bullion, but you’re also increasing the quantity that can be purchased with a set amount of funds.
If you’re interested in buying 40% silver coins in bulk, contact Atlanta Gold and Coin Buyers today at 404-236-9744. Â We currently have these coins in stock, but don’t expect them to last long – especially considering the current spot price of silver.