Whose Got The Best Rates For Melting 40% Coins

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Author	Replies: 3 / Views: 992
justcrispin New Member United States 3 Posts	Posted 04/03/2008 01:46 am Who offers the best rates for melting 40% silver coins for each of these 3 regions: Southwest USA, North East USA, Midwest USA AND Who has the lowest minimum requirements? And who has the best service, rates and requirements ANYWHERE in the us? Thanks Report this Post to the Staff

gxseries Pillar of the Community Australia 3831 Posts	Posted 04/03/2008 07:01 am Don't expect much for the 40% silver - the process for extracting copper from the rest of the silver just makes it more expensive to do so and there will be much less premium for it. I'm sure it's worth a few dollars but don't expect to make fortune from it. My partial coin collection http://www.omnicoin.com/collection/gxseries My numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htm Regularly updated at least once a month. Report this Post to the Staff
KurtS Pillar of the Community United States 5318 Posts	Posted 04/03/2008 12:27 pm And typically, you're not selling to an actual silver refiner. If/when they do melt coin, it probably involves huge quantities to be cost-effective. I don't know about that end of the industry, so I think your best bet for spot prices on coin is a dealer. They typically buy it and turn it around to the next guy hoping to get a small margin--and so on. So does it ever get melted? Report this Post to the Staff
amac44 Member United States 3242 Posts	Posted 04/03/2008 12:34 pm Kurt's your almost right but the culls after it been past on threw all bulk silver buyer & culls will be melted. Report this Post to the Staff
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