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Hhhhmmmm Silver Worth It Or Forget It?

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Bedrock of the Community
basebal21's Avatar
13014 Posts
 Posted 10/21/2013  4:17 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Melting silver coins is perfectly legal. Its pennies and I believe nickels that are illegal and pennies are only illegal because it costs the government more to make them then theyre worth. Theyre all for quarters and dimes being melted since they make money replacing them
Pillar of the Community
Fat Freddy's Avatar
United States
1200 Posts
 Posted 10/21/2013  4:48 pm  Show Profile   Bookmark this reply Add Fat Freddy to your friends list Get a Link to this Reply
This is getting a bit like a combination of One Flew Over the Cuckoo's Nest and Alice in Wonderland, but... You're seriously asking if silver "...is worth it..." without saying what on earth "it" is.

If what you're asking is whether or not silver is a good idea as an investment or as a form of savings, those questions have already been addressed and are addressed regularly every weekday.
You need to do a little reading, and here's where you should start... https://goccf.com/t/142068
Bedrock of the Community
biokemist6's Avatar
United States
12437 Posts
 Posted 10/21/2013  5:04 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply

Quote:
Its not Legal to melt coins in the US not at all

Incorrect, the only US coins that currently cannot be legally melted are cents and nickels. It was illegal to melt silver coinage in the 1960s but that melt ban has since expired.
Pillar of the Community
nalaberong's Avatar
Canada
2805 Posts
 Posted 10/21/2013  5:45 pm  Show Profile   Bookmark this reply Add nalaberong to your friends list Get a Link to this Reply
Speaking of melting... you can get the cladding right off clad coins with some heat. It might work on 40% halves.

Anyway, I wouldn't trust random sourceless ramblings... much less make a whole thread about them...
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silverwolf's Avatar
Canada
3733 Posts
 Posted 10/22/2013  7:37 pm  Show Profile   Bookmark this reply Add silverwolf to your friends list Get a Link to this Reply
yes I also believe a little while ago they discovered an asteroid that contained more gold ,silver and diamonds then have been mined in history, there was months of talk about how they were going after it, like someone said above, believe nothing you hear and half of what you see,,
Valued Member
cosmoscoins's Avatar
164 Posts
 Posted 10/22/2013  10:05 pm  Show Profile   Bookmark this reply Add cosmoscoins to your friends list Get a Link to this Reply
Right you can melt down Silver US coins,,yes,,,,I was wrong,Cosmos
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Anjohl's Avatar
Canada
815 Posts
 Posted 10/23/2013  01:38 am  Show Profile   Bookmark this reply Add Anjohl to your friends list Get a Link to this Reply
Stick to numismatic silver. Gold is gold. Diversify into Platinum and Palladium.
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DoubleEagle20's Avatar
United States
1748 Posts
 Posted 10/23/2013  7:39 pm  Show Profile   Bookmark this reply Add DoubleEagle20 to your friends list Get a Link to this Reply
At prices of around $20...buy, buy, buy! I guarantee that our fiat dollar will lose its value faster than silver ever will. All fiat currencies eventually get inflated out of existence.
Edited by DoubleEagle20
10/23/2013 7:40 pm
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nalaberong's Avatar
Canada
2805 Posts
 Posted 10/23/2013  8:03 pm  Show Profile   Bookmark this reply Add nalaberong to your friends list Get a Link to this Reply
Invest in anime, so that you'll be prepared when Ron Paul makes it real.
Valued Member
cosmoscoins's Avatar
164 Posts
 Posted 10/24/2013  03:11 am  Show Profile   Bookmark this reply Add cosmoscoins to your friends list Get a Link to this Reply
I am very interested in what folks here think of Silver and were they think its going?I have been buying it for 20 years now on the dips...What is Anime?I just picked up 2 MS70 2013 Silver Eagles from PCGS APMEX/EBAY is on the label $44 each so far they have a Population of 356,,,Picked up PF70 NGC 2005 Roosevelt $15.50,4 1955 S AU Roosevelts $10 about 20 Bullion Bars this month from $22 to $23 a bar,,,,Cosmos
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Fat Freddy's Avatar
United States
1200 Posts
 Posted 10/24/2013  08:16 am  Show Profile   Bookmark this reply Add Fat Freddy to your friends list Get a Link to this Reply
Cosmo -- You just hijacked your own thread. This may be a first here. Congrats!
Valued Member
cosmoscoins's Avatar
164 Posts
 Posted 10/25/2013  04:42 am  Show Profile   Bookmark this reply Add cosmoscoins to your friends list Get a Link to this Reply
Just post what you think is silver worth it or forget it,,,,Thank You,,,,Cosmos
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Fat Freddy's Avatar
United States
1200 Posts
 Posted 10/25/2013  08:14 am  Show Profile   Bookmark this reply Add Fat Freddy to your friends list Get a Link to this Reply
Since that directive comes to us from the runaway number one unfocused, rambling, raving ranter here these days, it's really quite funny. Thanks for the humor.
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Fat Freddy's Avatar
United States
1200 Posts
 Posted 10/25/2013  08:14 am  Show Profile   Bookmark this reply Add Fat Freddy to your friends list Get a Link to this Reply
...unintended dup post--deleted.
Edited by Fat Freddy
10/25/2013 2:20 pm
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denco7's Avatar
United States
2543 Posts
 Posted 10/25/2013  09:24 am  Show Profile   Bookmark this reply Add denco7 to your friends list Get a Link to this Reply
Hey Mods, can't we just combine this thread with " Will silver go UP..UP...UP ...." and dump it into the " What happens to gold and silver next ......" thread so we can keep all "the know it all" ranters in one place ? That way we all can have just one thread to avoid instead of having to scroll down half the PM forum just to find some actual useful posts.

No offense ... just saying ......
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