While silver is low, we should get a law passed.

I see what the OP is trying to say...but it's really not practical nor does it really make sense. Firstly, these coins you are talking about...many of them were minted by the millions and are not rare in anyway. Those that are worth being collected probably already are in collections somewhere. Sure, a few rarities may have slipped through the cracks but for the most part we are talking about "junk." Sure, some should be saved as historical artifacts but we don't need to save them all. Our collections preserve those that we want to save. Plus, the value of the metal can be put towards other things and help drive the economy.

Using this same logic, we shouldn't have any of the worn out dollar bills shredded. They are pieces of history too. Can you imagine what that would be like? The world would be piled full of old worn out bills. It just doesn't make sense.

 

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I think we should STOP asking/wanting the govt. to controll more and more of our actions and lives. wake up.

 

Maybe they could issue specie instead of hallucinations and
people would have fewer reasons to hoarde PM's in the
first place.

We have more than enough "mandates"
and "world improvers."

 

Laws are made to be broken, esp. idiotic ones ! Gold and Silver coins have been melted for centuies. How many BU Morgans did the gov't melt ?

Coins in bad form like 40% Kennedy halves and circ war nickels deserved to melted into ASE's or whatever.

Melting didn't start in 1980 and Silver coins get melted every day, Lost Dutchman posted something about that awhile back. I think he was talking about some large dealer ( Littleton ? ) and how much they actually melt. Not too many people want bags of circulated Roosevelt dimes, Washington quarters, etc. The general silver hoarding public likes ASE's and bars and .999 rounds.

 

Can you site proof of this? Not saying it was wrong, I just am interested. Personally I would pick junk silver with little to no premium.

 

I'll defer to Lost Dutchman on that one. I'm quite sure he will agree that non-numismatists prefer the .999 stuff. I'm confident that the lowball buyers on every streetcorner sell their stuff to refiners.

 

Never fear, Detecto, the Hardy Boys are on the case: http://www.amazon.com/dp/0448089238

 

I remember that one. I use to have all the books that were handed down to me from another family member. I wish I still had the full set, I bet it's worth a few silver dollars now..

 

Well here is a 4 year old article about it....

http://coins.about.com/b/2008/03/12/coin-dealer-ethics-melting-coins-for-profit.htm

 

we have twenty million laws, we just need one more.

 

Be careful what you wish for. If we're not careful, we could end up with laws mandating how much water we can use to take a shower or flush our toilets. Or even what kind of light bulbs we can use in our houses.

 

and laws requiring you to

wear a helmet on a bicycle

wear a seatbelt

pay taxes when buying/ selling collectables

etc.

 

"...Better antibotics make better bacteria...!"
The Psychopath's Bible
For the Extreme Individual

 

California has laws mandating how much water you can use to flush your toilet. You are required to use a toilet that has a capacity of 1.5 gallons per flush. It is basically an insert bladder that only contains that small amount.

Crazy, isn't it?

 

http://realstrangelaws.com/

 

two things- silver is pretty high right now and lets not restrict property rights

 

I wish I had some of those coins they were melting in 1944.

 

Money Power

I sold my silver dollars for $20 each in 1980. Should have been paid more but I did not know anything back then. To replace them today it would cost $35 apiece. Guess I do not feel bad at all. Twenty dollars in 1980 bought much more than thirty-five does today. Thank you...Robert Winters

 

I sold 25 art bars in 1980 for $25 an ounce to
one of those Holiday Inn buyers. If I had gone there
the weeked before I would have gotten $40 an ounce
but I was too lazy to go down there when I should
have. When silver chewed the carpet it happened
pretty fast.

"Timing is everything."