My Dealer Is Sending BU Silver To The Melting Pot. - Page 2

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Author	Replies: 17 / Views: 3,778	Page: of 2

trout1105 Pillar of the Community Australia 7096 Posts	Posted 09/26/2011 06:57 am Why on earth would they melt bullion coins. To get the 99.99% purity they would have to refine all the US and darkside silver to get the purity. I someone wants to invest in silver why not leave the coins intact, The purity is a known thing and the value and the coin remains. Imagine how dificult it would be to get the other metals out of a coin to make a pure silver bar. I know that silver is used in industry a fair bit, So why not use the NEW silver from the mines and leave the coins as bullion for investment. I don't buy silver ignots they are no fun whatsoever, I only buy junk silver to hoard. They are far more intresting Report this Post to the Staff
kenscott Pillar of the Community United States 787 Posts	Posted 10/01/2011 12:37 am Personally, I do not have an issue with melting old, worn coins with no serious collecting value. If the coin is so worn the details cannot be determined, and the production amount was high, I do not have an issue with melting them for silver value. If, on the other hand, they are in any kind of decent shape (G-4 as base), I think it best to save them. Report this Post to the Staff
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