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 Replies: 22 / Views: 3,737 |
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Rest in Peace
1988 Posts |
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Pillar of the Community
Canada
1823 Posts |
I would keep them,if you don't like them I will take them off your hands and baby them  |
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Bedrock of the Community
Australia
21788 Posts |
I would never think of having any silver coin 'melted'.
Everybody who posted ahead of me is right. Here is one reason why:
The term 'bullion value only' or 'actual silver value' is better than 'Melt' value.
If a coin is to be melted, it has to be one in a very large batch. The cost of shipping, assay and re refining of high silver alloy coins is not usually justified, anyway. To make it pay, you need commercial quantities of the order of hundreds of kilos. That task is in the realms of a commercial refiner or a Mint.
There are quite a few stashers of scrap silver coins in the CCF. I have a very small stash scrap silver coins myself. Perhaps one day, I may sell them for their Actual Silver Weight (ASW) value. They may even end their days with a silver refiner. If that happens, they will be a tiny proportion of a much larger commercial batch.
Nevertheless, I have no control over their fate after I sell them, if and when I do. I would prefer their continued existence in their present form.
Edited by sel_69l
03/02/2014 9:11 pm
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Pillar of the Community
Canada
2781 Posts |
Quote:
have met 6000 coins(Bought some by pound) and found only say 2 to melt.......If I met 6000 people I might want to melt "More than 2" for sure........ PERFECT |
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Valued Member
Canada
118 Posts |
Please keep them, don't melt them.
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Valued Member
United States
309 Posts |
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Pillar of the Community
Canada
805 Posts |
Although I would never melt an attractive coin, I have many that are just so worn out that they are barely VG. When the silver market picks up again, they will be sold for ASW.
Yours are absolutely keepers!
Edited by steve123
03/03/2014 10:20 am
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Pillar of the Community
Canada
3692 Posts |
How will turning your coins into puddles of metal help you out at all?
I take "melting" very literally.
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Pillar of the Community
United States
4897 Posts |
Please melt ALL your silver coins....seriously! Might make mine worth more, eventually....
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Pillar of the Community
Canada
805 Posts |
LOL..This is what I consider for selling for ASW..you can't see the bend in the scan either...   |
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Valued Member
Canada
293 Posts |
I don't like looking at scratched, bent or corroded coins. If they got and get melted so that a nice coin can be made out of it, it's all good. And the lower number of coins out there, the more we can appreciate it when you get one in great shape. Isn't that what collecting's all about?
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Pillar of the Community
Canada
805 Posts |
I agree. There are such nicer coins of the same years out there. The "junk" ones will really probably never be worth more than melt. I just sell them and list the ASW of the lot. The buyer makes the decision. My LCS also buys "junk" coins based on melt value from collections. The good ones are kept for resale. Selling junk silver on E-Bay will (IMO) always be bid up to the day's value of Kitco. So, best to hang on until the silver price goes up, sell, then buy more coins!
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Valued Member
Canada
64 Posts |
Is it not illegal to melt any Canadian currency? Or are we all just talking hypothetically here, more along the lines of melt value?
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Valued Member
72 Posts |
I am against melting coins and actually get a lil mad when people talk about doing it. There is absolutely no point! The history that coin has...is beyond that. Even if thats not the case...just respect the fact it is a coin.
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Pillar of the Community
Australia
1041 Posts |
this is my scrap box have no intentions of paying ebay fees and putting coins up I cant grade so in the scrap silver box they go the more that get melted the rarer your coins get   |
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Replies: 22 / Views: 3,737 |
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Posted 03/02/2014 07:54 am
