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Message:: [QUOTE="Guano, post: 1302868, member: 30121"]I don't collect 40% silver, I can buy them at $2 per coin at a second hand store, then I take them 50 miles to the nearest coin dealer and they pay between 6-8x face. They write me a check and I then sign the check right back over to them and use it to buy gold. Then the coin shop sells the 40% to the assayer for under melt too. It cost more to refine 40% than it does 90%. Not many silver stackers collect 40%. I live in a county with 100k people and not one coin shop, Right now the second hand store has about $70 face in 40% at $2 per coin and I guarantee if I don't go pick them up in the next few weeks they'll still be there for me when I do. The same shop has about $300 face in 90% but they want 26x face and it's been sitting there since silver went under $40 an ounce, they have my number and a standing offer of 22x face for all coins that are in avg circulated condition.[/QUOTE]