Melting Coins For Melt Value - Page 2

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Author	Replies: 22 / Views: 9,610	Page: of 2

coingirl Previously Ousted Canada 398 Posts	Posted 04/28/2012 12:02 pm was not aware the RCM is buying back coins.... Report this Post to the Staff
nickle nubber Valued Member Canada 247 Posts	Posted 04/28/2012 3:32 pm I don't think the RCM is BUYING back coins,they collect coins all the time and pull all the PM coins when they get them. the rest(steel) go back into circulation Report this Post to the Staff
Petersun Pillar of the Community Canada 1700 Posts	Posted 04/28/2012 6:50 pm Nuemistman, Well, I am going to abide the law Report this Post to the Staff
WCP Valued Member Canada 56 Posts	Posted 04/28/2012 9:00 pm Hi, To add my cents in, RCM does have a program call Alloy Recovery Program(ARP) now for 5 years. For more info just goolge The RCM report read for 5-10-25 cent coins no pennies yet but that is just a matter of time now. I believe Coinstar is part of the system as some of the major banks. You never know, they laughed at people in the 70's about melting down silver. It could maybe be a good currency if we have a total system failure is that not why people save silver 1 dollar FV = going rate poor mans gold. Report this Post to the Staff
biggfredd Rest in Peace United States 9104 Posts	Posted 04/28/2012 9:36 pm Quote: I just wonder, how many scarce dates went to the melters, and how accurate the values are now, in reality, compared to book prices. Just about none. Quote: In my opinion, I think the Charlton should be updated, based on supply and demand, just a thought. What do you think they use for prices each year? Report this Post to the Staff
KoolKat Valued Member Canada 210 Posts	Posted 05/02/2012 2:41 pm So, how many coins like, 1921` 5 cents , et all, went to the melting pot?But, that makes no difference in the price! Also, you really believe Charlton is up to date?lol Report this Post to the Staff
biggfredd Rest in Peace United States 9104 Posts	Posted 05/03/2012 01:03 am Quote: So, how many coins like, 1921` 5 cents , et all, went to the melting pot? Almost none. If ten years ago you looked through hundreds of thousands of 5 cents, you might find a couple of them. Why should we assume suddenly a bunch of them came from nowhere and were scrapped? no one noticed them at any point along the way? price guides don't reflect what things are trading for? Report this Post to the Staff
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