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196? Dime Missing Last Digit ?

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Valued Member
United States
366 Posts
 Posted 04/16/2018  3:02 pm  Show Profile   Bookmark this reply Add twistedt to your friends list Get a Link to this Reply

Quote:
First: An important note I should make is that melting coins is illegal and is NOT endorse by me.


Quote:
Just google it if you do not believe the fact that I stated.


I did - you are wrong and right.
http://about.ag/meltingsilvercoins.htm

About Melting Silver Coins
Is it Legal to Melt U.S. Silver Coins?
Yes.
Although many claim that it is not legal, it is. The practice was banned starting in 1967, but then allowed in 1969. See Kiplinger's Magazine, January 1974, last paragraph.

It is, however, illegal to melt U.S. pennies and nickels (silver 'war' nickels can be melted). See the 120-Day Ruling Press Release and Final Ruling Press Release, and recent/current law at the U.S. Mint website (which also confirms that melting silver coins was illegal from 1967-1969). The full law can be found at gpoaccess.gov.

The reasons for these are simple. There are no longer any silver coins in circulation (except as people occasionally re-introduce them, usually by mistake), so melting them has no effect on day-to-day transactions. However, melting pennies and nickels removes them from circulation, so it would harm the U.S. economy for people to melt them.

Edited by twistedt
04/16/2018 3:16 pm
Valued Member
United States
366 Posts
 Posted 04/16/2018  3:03 pm  Show Profile   Bookmark this reply Add twistedt to your friends list Get a Link to this Reply

Quote:
I thought melting silver coins was legal,just can't do copper cents


It is - see above post
Valued Member
United States
254 Posts
 Posted 04/16/2018  4:23 pm  Show Profile   Bookmark this reply Add Giwalsh to your friends list Get a Link to this Reply
I googled it before I wrote the comment,I just like to add not end threads I knew someone would keep it going
Valued Member
FrankenCoin's Avatar
United States
150 Posts
 Posted 04/16/2018  5:15 pm  Show Profile   Bookmark this reply Add FrankenCoin to your friends list Get a Link to this Reply
Yes @twistedt

That is how people learn: I use to work for a law firm and all I have to say is that I have seen many situations but there is one thing that is certain the Little Old Ladies with alphabets after their names "MIB" have more resources to define what is and is not.

Then why does your article links (inside the article referent authority links) that you cite to the U.S. Mint website come up as "Page Not Found", etc. or do not exist.

In fact the three most import links?


Quote:
I did - you are wrong and right.
http://about.ag/meltingsilvercoins.htm

About Melting Silver Coins
Is it Legal to Melt U.S. Silver Coins?
Yes.
Although many claim that it is not legal, it is. The practice was banned starting in 1967, but then allowed in 1969. See Kiplinger's Magazine, January 1974, last paragraph.

It is, however, illegal to melt U.S. pennies and nickels (silver 'war' nickels can be melted). See the 120-Day Ruling Press Release and Final Ruling Press Release, and recent/current law at the U.S. Mint website (which also confirms that melting silver coins was illegal from 1967-1969). The full law can be found at gpoaccess.gov.

The reasons for these are simple. There are no longer any silver coins in circulation (except as people occasionally re-introduce them, usually by mistake), so melting them has no effect on day-to-day transactions. However, melting pennies and nickels removes them from circulation, so it would harm the U.S. economy for people to melt them.


Edited by FrankenCoin
04/16/2018 5:20 pm
Valued Member
United States
366 Posts
 Posted 04/16/2018  8:10 pm  Show Profile   Bookmark this reply Add twistedt to your friends list Get a Link to this Reply
[quote]Then why does your article links (inside the article referent authority links) that you cite to the U.S. Mint website come up as "Page Not Found", etc. or do not exist.

In fact the three most import links?
/quote]

possibly because its an old web page - I have no idea, its not my page so I am just guessing.

But the facts remain as stated - I'm sure there are more references than just this 1 page.
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