Data on 1980 Silver Melt

Perhaps the US had to replace all of the silver coins that were melted with more silver... this sent supplies down and the us had to pay more for silver so they could replace the coins.. if the us is paying more for silver then everyone is paying more for silver.

 

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I think today is a good time to sell. Buy when the price comes back down. Rolls of 25c that I should have sold for $200 each in the 1980's could have been replaced for $60 and sold now for $140. Sell when prices are high, buy when they are low. IMHO

 

i melt a ase with a blow tourch just to do it does that count as silver melt..

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that a joke guys

 

I should add that the silver demand in the photo industry seems to be waning greatly. Digital photos and laser printing has replaced film and developing processes and I think these will be obsolete as buggy whips in the very near future. To watch the price of silver one needs to watch the cost of production. It is more economical to melt than to mine and refine.

 

The impact of the photo industry on silver prices was always overstated since most of the silver was recovered and recycled. But I agree that the cost of production is important.

 

A misconception is that rarity is a direct correlation to value in coins. It well can be, but unless there is a popularity among collectors for that series, the value may not change appreciatively.

A personal feeling is that a misconception is among newer collectors, those that didn't collect in the 60s or the 80s. And that is the idea that the current events portray something of a magnitude that has never existed before in the history of the US. I believe that misconception will lead to a repeat of the 60s, and 1980s Bullion commodity run , and leave a large number of people holding gold and silver they bought at current prices, waiting decades before breaking even. Just my old man's opinion.

 

I agree 100%. In fact, I'm counting on it. The run-up in gold and silver prices has all of the early characteristics of the bull market in metals that ended in 1980 and the tech stocks in the late 90s. This is going to be a tricky situation. People who bail out when gold is $1500 and silver is $30 might regret leaving a small fortune on the table when prices go to heights undreamed of. And people who hold on just a bit too long from greed will probably have to be talked down off the roof when prices collapse. Whoever has the guts to hang in for the greater part of the ride up, and has the nerves of steel of a riverboat gambler who knows when to fold is going to make a great deal of money. It isn't going to be easy. And that's just my opinion.

 

I have read several studies and have written my own composing of all these sources. My includes art bars, bars, flatware, silverware, jewelry, foreign coins etc.
However Rosie dates hardest hit are the 48,49,50. The S dates are alot rarer than expected. However 7-8% is way too low. Dimes have a higher survival rate along with dollars.
Halves and quarters were very hard hit in 1980.
Nickels were wiped out in the 1960,s melts.