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<p>[QUOTE="Conder101, post: 1100365, member: 66"]I still think it will be like it was back in the late 60's.. Back then the Fed had a couple machines that separated the silver from the clad coin. The clad was sent back to the banks and the silver was kept. Then when the amount of silver recovered by the machines dropped low enough that it was no longer worthwhile to try and recover it they stopped and the law against melting down the silver coins was repealed. It would not surprise me to find that they are cuirrently separating out the copper and zinc cents and when the percentage of copper cents in circulation drops low enough they will change the law forbidding their melting.</p><p><br /></p><p>The current laws against melting the cents and nickels are not there to keep people from making a profit, they are there to protect the circulating coinage and to ensure there is no shortage. Once all the cents are zinc and pulling out the few remaining suddenly wouldn't cause a problem we will probably see the law change. Some 20 to 30% of the cents are still copper and if they were suddenly pulled there would be a cent shortage.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 1100365, member: 66"]I still think it will be like it was back in the late 60's.. Back then the Fed had a couple machines that separated the silver from the clad coin. The clad was sent back to the banks and the silver was kept. Then when the amount of silver recovered by the machines dropped low enough that it was no longer worthwhile to try and recover it they stopped and the law against melting down the silver coins was repealed. It would not surprise me to find that they are cuirrently separating out the copper and zinc cents and when the percentage of copper cents in circulation drops low enough they will change the law forbidding their melting. The current laws against melting the cents and nickels are not there to keep people from making a profit, they are there to protect the circulating coinage and to ensure there is no shortage. Once all the cents are zinc and pulling out the few remaining suddenly wouldn't cause a problem we will probably see the law change. Some 20 to 30% of the cents are still copper and if they were suddenly pulled there would be a cent shortage.[/QUOTE]
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