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<p>[QUOTE=&quot;cladking, post: 8658952, member: 68&quot;]Fed melting is mostly a very new phenomenon and I don&#039;t have confirmation yet.&nbsp; That it exists is the only way to explain the disappearance of very low grade, heavily worn, clad.&nbsp; It appears to have begun around 2008.&nbsp; I suspect it was instituted because so many coins were getting too thin to operate machines.&nbsp; Many coins now days are &quot;counted&quot; by weight so batches with mostly new coin would be undercounted.&nbsp; </p><p><br /></p><p>The FED has been melting some coin since the very beginning in 1965 but most of them were coins that were retrieved from municipal incinerators or bulldozed out of Niagara Falls or the like.&nbsp;&nbsp; Culls and worn coins simply accumulated in circulation until someone got so frustrated they tossed it in the trash.&nbsp;&nbsp; </p><p><br /></p><p>If quarters go through counting machines reliably they will not be removed however I believe they are running some separators to pull out very worn coins even though they will work in counters.&nbsp; I just don&#039;t see any AG&#039;s any longer.&nbsp; Bent and gouged coins are far less common.&nbsp; Any method to remove worn coins is likely to remove some coins with significant edge deformities.&nbsp; </p><p><br /></p><p>About 65% of the oldest dimes and 55% of quarters are simply gone though few of these were worn to AG and melted by the FED.&nbsp; Most of the missing coins were simply burned up in fires, strewn on the earth and in garbage dumps, or buried in floods.&nbsp; </p><p><br /></p><p>The rate at which the old clad is disappearing is increasing rapidly because of the many forces working against them.&nbsp; In less than ten years I expect there will be no more &#039;60&#039;s clads in circulation except the occasional cull.[/QUOTE]</p><p><br /></p>

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