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All Forums Category: General Numismatic Forums Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum

90% Silver Still Being Melted; Interesting Experience At Two Shops In Florence, Italy

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Roma2021
Pillar of the Community
Italy
1130 Posts
 Posted 11/05/2023  11:15 am  Show Profile   Bookmark this reply Add Roma2021 to your friends list Get a Link to this Reply
Hello all,

A quick update on this... Since posting I have become friendlier with several coin/metal/currency changers in Rome.

They have confirmed that all pre 64 non Morgans or Peace dollars (and some well worn morgans and Peace dollars) do, in fact get sent to refineries here frequently.

Large 19th century, heavily circulated coins also get melted.

I doubt this is putting a great dent in the population but it's decreasing supply...albeit slightly.

Best,

R.
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All Forums Category: General Numismatic Forums Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum



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