Somebody Argue With Me, Please (And I Know You Will) - Page 2

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Author	Replies: 18 / Views: 5,241	Page: of 2

Libertad Pillar of the Community Canada 3692 Posts	Posted 11/01/2014 3:59 pm VICK: I have some 1 peso coins (Mexico) that are 10% silver and very large. People don't want them unless to make a year set of these. They are cumbersome and waste space and they oxidize. Just nasty coins all around. A large coin does not equate to having more silver, but more alloy content; it's quality over quantity. You'll spend all of your earnings/profit refining that coin whereas .9999 coins are just "spot"-on. But since we're talking about "melting" then aren't 5-cent War Nickels one of the better options besides 1964 Kennedy halves, being that they have a higher rate of still being in circulation? I would think that dimes are the most common. Report this Post to the Staff
BuckeyeCoinGuy Pillar of the Community United States 711 Posts	Posted 11/01/2014 5:19 pm Agree on the people liking bigger silver coins, but not the 10% one peso coins. The only 10% one peso's I have are a few for what mey end up being world silver type sets. To get back to the 40% and the economics, I imagine the foreign silver is bought wholesale at a lower price than the 40% even. Seems to be next to no demand in for the foreign in the LCS I frequent. The 40% bucket seems to have more customers for sure here in Ohio anyway. I love the old 5 peso coins and the Canada silver dollars. Lots of British Half Crowns in my LCS lately too. Hard to pass up around melt. Report this Post to the Staff
Debrajc Pillar of the Community United States 4211 Posts	Posted 11/18/2014 11:09 am I just don't like "diluted silver" You make 100% valid points but I was in my local coin shop a couple months back and was offered a roll of 40% Kennedys for less than melt...and I passed. Silly me~! Edited by Debrajc 11/18/2014 11:10 am Report this Post to the Staff
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