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 Replies: 14 / Views: 1,890 |
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Pillar of the Community
United States
880 Posts |
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Valued Member
United States
362 Posts |
Not really that far from spot... If you could get a really good deal on it, you could send it to one of those refineries and melt them into a bar, lol
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Rest in Peace
United States
9104 Posts |
I'd take a sledgehammer and show the center coins.
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Rest in Peace
United States
7075 Posts |
 Great way to hide fakes. |
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Pillar of the Community
Canada
4944 Posts |
My question is, if they spent the money to get it chemically tested, then why not show scans/pictures of that information?
Seems suspicious to me.
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Pillar of the Community
United States
4008 Posts |
At nearly $27 an oz. on the minimum bid for an ugly lump, it doesn't raise any interest on my part. Rare it may be but... :-/
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Rest in Peace
United States
9104 Posts |
First, there's nothing "rare" about a stack of dollars with fire damage. I can duplicate them as fast as I can stack coins and hit them with an oxy-ac torch. Why bother testing them, and not showing the results? If you know it was a stack of dollars, that's enuf. Why would anyone even pay melt value, when the same amount of silver scrtap can be bought in clean silver that doesn't have all sorts of fire contaminants in it? Why didn't they sell to the tester, and not waste time on ebay? |
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Pillar of the Community
Canada
4944 Posts |
Quote:
Why bother testing them, and not showing the results? If you know it was a stack of dollars, that's enuf. He never said that he owned the coins before they were burnt. "10 Coins that was stored in a house that burned down and melted them together." |
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Pillar of the Community
 United States
880 Posts |
Yea I just thought it was funny that this would end up on ebay. I'm sure someone will buy it. |
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Pillar of the Community
United States
1081 Posts |
I would only consider it at a below melt price, not worth IMO otherwise.
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Rest in Peace
United States
9104 Posts |
Mr Z-
My point exactly. There is nothing about this lump of coins to justify a premium over melt value. If you could prove they came from the SF earthquack or Chicago fire, that might be a bit different.
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Pillar of the Community
United States
4008 Posts |
Quote:
First, there's nothing "rare" about a stack of dollars with fire damage. No doubt. But that is the claim made by the seller and seems to be his reason for a higher than expected asking price. Personally, I think that something like this should come with a considerable discount but maybe that's just me. |
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Pillar of the Community
United States
580 Posts |
How does 10 Morgan & Peace dollar equal 9.27 troy oz of silver? Every Silver Melt Calculator that I see says 10 dollars equals 7.7345 troy oz of silver. & This auction brings new meaning to silver "MELT" value.  Edited by LTMets44
10/11/2011 12:44 am
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Rest in Peace
United States
9104 Posts |
Quote:How does 10 Morgan & Peace dollar equal 9.27 troy oz of silver? Every Silver Melt Calculator that I see says 10 dollars equals 7.7345 troy oz of silver. Quote:
He never said that he owned the coins before they were burnt.
"10 Coins that was stored in a house that burned down and melted them together." The seller said he had them tested. If he knew they were $, what needs to be tested? I've had a fire. Zincolns might melt like that, but it would take a tremendous amount of heat for a silver dollar to bend like the end ones. It looks like it was hanging over the edge of something like a steel shelf (first pix), and why would a stack of dollars be like that? 7.734 oz silver + 0.859 oz alloy + 0.677 oz crap from the fire = 9.27 oz total weight. That makes the silver purity 7.734/9.27 = 0.834 fine. No matter how you figure it, it's 7.734 oz maximum silver content (and no one but a refiner can do anything with it), so the minimum bid is still $32.32 per oz (and prolly more, due to wear before the fire). |
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Valued Member
344 Posts |
to me it looks like if you slam a mallet in to the side the coins will separate.
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Replies: 14 / Views: 1,890 |
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Posted 10/09/2011 12:19 pm
