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<p>[QUOTE="bugo, post: 2026965, member: 53226"]I was reading up on the great silver melts of the '60s and of 1980 and noticed a lot of apathy on this forum. I went to this link:</p><p><br /></p><p><a href="https://www.cointalk.com/threads/data-on-1980-silver-melt.113706/" class="internalLink ProxyLink" data-proxy-href="https://www.cointalk.com/threads/data-on-1980-silver-melt.113706/">https://www.cointalk.com/threads/data-on-1980-silver-melt.113706/</a></p><p><br /></p><p>and many of the posters seemed to be OK with melting silver coins and said if silver prices went high enough, they would melt their coins. I do not feel this way. To me, every silver coin is a treasure that should be preserved, despite condition. I wouldn't melt any of my coins even if silver was $5000 an ounce. The apathy towards these coins is disturbing and troubling to me. There are estimates that 65% of all silver coins minted between 1916 and 1964 were melted between 1966 and 1969. There are also estimates that only 17% of all Morgan and peace dollars (not including the vaporware 1964 peace dollar) are extant. Folks, they're not making any more 1900 Morgans or 1960 silver dimes. There are still silver coins such as the ASE and silver proofs being minted, but there will never be another 1950 Franklin minted and once they're gone, they're gone forever. I've been lucky enough to find some silver in circulation, including nearly 40 silver dimes. Every one of these coins will be preserved for as long as I'm alive and hopefully long after I'm gone, although many of them are in poor condition and considered "junk silver" and aren't worth more than melt. </p><p><br /></p><p>What do you think?[/QUOTE]</p><p><br /></p>
[QUOTE="bugo, post: 2026965, member: 53226"]I was reading up on the great silver melts of the '60s and of 1980 and noticed a lot of apathy on this forum. I went to this link: [url]https://www.cointalk.com/threads/data-on-1980-silver-melt.113706/[/url] and many of the posters seemed to be OK with melting silver coins and said if silver prices went high enough, they would melt their coins. I do not feel this way. To me, every silver coin is a treasure that should be preserved, despite condition. I wouldn't melt any of my coins even if silver was $5000 an ounce. The apathy towards these coins is disturbing and troubling to me. There are estimates that 65% of all silver coins minted between 1916 and 1964 were melted between 1966 and 1969. There are also estimates that only 17% of all Morgan and peace dollars (not including the vaporware 1964 peace dollar) are extant. Folks, they're not making any more 1900 Morgans or 1960 silver dimes. There are still silver coins such as the ASE and silver proofs being minted, but there will never be another 1950 Franklin minted and once they're gone, they're gone forever. I've been lucky enough to find some silver in circulation, including nearly 40 silver dimes. Every one of these coins will be preserved for as long as I'm alive and hopefully long after I'm gone, although many of them are in poor condition and considered "junk silver" and aren't worth more than melt. What do you think?[/QUOTE]
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