This listing made me cry..

http://www.ebay.com/itm/Sterling-Si...ms-Sterling-/231336402503?hash=item35dcb95e47

I know a seller can do whatever they want, but it's sad to see all these world silver proofs lumped in a pile with no respect for their condition.

 

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I have to agree with you but if you sold off your collection and are out why spend time on ebay looking at coins?

 

But it was done so daintily........

 

I was looking for sterling silver scrap, this popped up.

 

You really need to get out more, Tim.

 

You'd probably scream if you saw how many of those we melt... Just sayin...

 

Oh the humanity........

 

I'm sure a lot of damaged or low grade proofs get melted, these look like they were hacked out of cases and thrown together.

 

Really? Let's get the forensic numismatists on this one. A crime has been committed folks. Let no stone go un-turned and let's bring the criminal to justice........

 

If this bothers you that much, you'd want to jump off of a cliff if you knew how many otherwise perfectly fine coins were/are junked, particularly in the run up a few years back.

 

Problem is...many of these coins are only worth melt. So, they end up getting sold as bullion and melted.

 

Don't forget about the hunt brothers run up as well. Ps I love the not so subliminal message. Has it ever worked before?

 

Proof silver coins from those island countries are virtually nothing more than junk silver. It is rare to get more than their melt value even from collectors of such coins.

What made me sick was back in late 2011 into early 2012 was a coin dealer I have known for 40 years was cutting up original mint packaged proof sets from 1958 to 1964 and selling the silver in them as junk silver. Their melt value exceeded their numismatic value.

 

My LCS stocks junk world silver in tupperware containers that are organized by fineness - hundreds of coins. They sell for spot, and since silver has taken a dive over the last few years, I occasionally like to hunt through those coins and bring a handful home, clean them up with some acetone. They are IFC issues, and in various states of circulation, and not really worth more than spot. Still, I find numismatic value in the coins because they prompt me to study and learn new series. I have no problem with the dealer storing them in piles.

The coins in that auction look like modern commemorative proofs though, so I agree that they shouldn't be piled up like that, even if they're only worth their melt value. I don't even treat my circulated coins like that.

 

This one makes me cry... for an entirely different reason.

http://www.ebay.com/itm/330226726434

Listing is for a Washington Quarter. Asking price is $20,000.

But the kicker is this: if you buy it, you must also be prepared to pony up an additional $5 for shipping!

Once something gets beyond a certain price point, don't you think you just include shipping as a part of the deal?

I was all set to pull the trigger for the $20K, but that extra $5 shipping put it just out of my budget...

 

Can't the OP see that this only brings value to the surviving examples of said coin...?

Also, let them scrap and melt the coins. !ho gives a care!!!?!

 

I will occasionally buy some interesting foreign target like that, I mean when you buy it at spot and it has cool factor why not? Beats the h e double hockey sticks out of spending too much dosh on some oversexed gold Kennedy half anyday and anyway.

 

Agreed, and I can practice my conservation skills on the coins without lessening their value. They will always be worth their melt.

 

That's good though. You are a disciplined man. I commend you.

 

But the seller wants about $25 per ozt for them! $850 / 34.138 ozt = $24.90 Isn't THAT the crime? : )

Rob