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Replies: 58 / Views: 4,396 |
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Moderator
 United States
187446 Posts |
I am not melting or selling or worrying much. Just along for the ride. 
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Pillar of the Community
 United States
7933 Posts |
PM prices are almost irrelevant to the majority of my collecting for which numismtic value is many multiples of metal value (except to the extent that they cause a general "updraft").
The impact of tariffs (and to a lesser extent, the 14% drop in value of the dollar) on the price of acquiring the coins I collect, on the other hand, has dramatically affected my purchases this year.
Edited by tdziemia 12/26/2025 1:23 pm
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Pillar of the Community
United States
3843 Posts |
I wonder if we get to the point where we are melting Capped Bust Halves. With silver halves currently melting at around $28.00 we would need to see silver double again (and a bit more) to get into that territory where the ugly, damaged, extremely low grade Busties hit the melting pot.
Edited by Joe2007 12/26/2025 3:27 pm
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Pillar of the Community
United States
3843 Posts |
Series like V-Nickels & Two Cent Pieces, that have seen relatively little interest in the past may see a surge in interest. How about 3-cent silvers anybody? Still silver but unlikely to ever become valuable due to their content.
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Pillar of the Community
 United States
5177 Posts |
I will continue adding silver coins to my set of Coins of Composers. Since these are typically priced well above spot, the current higher silver price hasn't had much of an influence yet. If anything, the "premium" on these collectibles has come down a bit.
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Bedrock of the Community
United States
11880 Posts |
I think it will take a little time but people will adjust to the new intrinsic value of silver. Also think that silver will be able to make the adjustment, but gold was always collectible only for important and low mintage issues. More high mintage, common Morgans, low grade silver and gold coins will be melted but ultimately, this will make the remaining coins more valuable.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com
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Bedrock of the Community
 United States
36415 Posts |
Quote: More high mintage, common Morgans, low grade silver and gold coins will be melted but ultimately, What was once common will be the new key dates when the melting comes to the end.
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Moderator
 United States
187446 Posts |
Quote: What was once common will be the new key dates when the melting comes to the end. I suppose time has passed for me to do a simple Morgan date set. 
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Pillar of the Community
 United States
1887 Posts |
This whole recent crazy metals madness is sort of like sitting on your porch watching a tornado dancing in the fields 200 yards away, wondering if it might be time to seek shelter while you sort through 50 powerball tickets hoping for that life changing bit of luck.
I have accumulated a lot of 'junk' silver over the past couple of decades in the form of coins that are nice to own but not as liquid as they ought to be, given the current frenzy. If ca$h becomes an urgent issue, how does one dispose of things like Cuban centavos, Dutch guildens, German marks etc etc etc without suffering huge discounts to intrinsic silver value because domestic buyers either have no clue what they are looking at, or are unwilling to take a chance on something they seldom or never see? A lot of this foreign stuff was already melted during the 1980 run-up, but there is still enough around to satisfy hobby-collector demand. In all the silver stacking threads, I never see any mention of non-USA items. I am watching these volatile markets closely, wondering what the best way is to proceed with downsizing what I do not really need.
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Pillar of the Community
United States
1747 Posts |
I have a few gold type coins on my wish list that are more expensive. Worried about next year from the mint as I was planning on getting some of the gold. Have to be more selective in what I might buy.
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Bedrock of the Community
 United States
36415 Posts |
If you are holding bullion silver or gold, you'll always be able to sell it and get the collector coins you want. Your bullion holdings will continue to rise with metals prices allowing you to do a decent swap.
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Moderator
 United States
187446 Posts |
Sounds like a good plan. 
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Pillar of the Community
 Canada
1759 Posts |
With random date Canadian silver Maple Leafs selling today for $126.23 CAD each, I certainly have slowed to a crawl in purchases. .  As a matter of fact, my last order was at $96.94 CAD (Dec. 15th) I am beginning to question continuing my Canadian Commemorative proof silver dollar collection.
Edited by Sharks 01/12/2026 2:30 pm
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Moderator
 United States
187446 Posts |
Quote: I am beginning to question continuing my Canadian Commemorative proof silver dollar collection. You are being forced to decide how much do you really want to continue it.
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Pillar of the Community
Canada
5238 Posts |
1. I collect things other than gold and silver, so that won't end. 2. As was mentioned, I have enough surplus silver that I can trade for numismatically interesting pieces that I am really keen on. with more numismatic pieces being threatened with the melting pot, it may be easier to snag some of these pieces for the silver value.
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Replies: 58 / Views: 4,396 |