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<p>[QUOTE="RGJohn777, post: 1009299, member: 22102"]That's really the truth Evom777. Nobody knows. However, during the great silver melt of the 80's coins were melted that today are regarded as collectible. Proof sets from the early 60's for instance. </p><p> Will you or I sell them for melt in the months ahead? That will probably be an economic decision. If gas costs $5-$6 a gallon ( it's about $2.75 here now) and I can get $25 at melt (currently $13.60) for a '64 proof set, and I've got a few hundred of them I've been holding for years to no purpose ( I actually know several such people, and they are not young), whatcha think is gonna happen? Good-bye proof sets, hello .999 ingots/rounds. And to double today's silver price is certainly not beyond the possible. Again, we don't know.</p><p> -----</p><p> That's what I saw happen the last go-'round, when the world was gonna end if gasoline were to approach $1.00 /gallon any closer ( I recall 86.9 cents per gallon was a big motivator for folks to purchase motorcycles. Our big ol' v-8 Fords ( 10-12 mpg) got a little to pricey to drive casually) .</p><p>---</p><p> So that's why I think everybody should be in the market, buying and retaining the bits they want, and re-selling the 'junque' . 'Cause your junk is my treasure and vice versa. Some of us are going to find some real treasure, most of us will maybe just upgrade a tad, all of us will have great stories to tell when silver falls back to $$$??? or surges permanently to $$???, or stays precisely where it is for eternity.[/QUOTE]</p><p><br /></p>
[QUOTE="RGJohn777, post: 1009299, member: 22102"]That's really the truth Evom777. Nobody knows. However, during the great silver melt of the 80's coins were melted that today are regarded as collectible. Proof sets from the early 60's for instance. Will you or I sell them for melt in the months ahead? That will probably be an economic decision. If gas costs $5-$6 a gallon ( it's about $2.75 here now) and I can get $25 at melt (currently $13.60) for a '64 proof set, and I've got a few hundred of them I've been holding for years to no purpose ( I actually know several such people, and they are not young), whatcha think is gonna happen? Good-bye proof sets, hello .999 ingots/rounds. And to double today's silver price is certainly not beyond the possible. Again, we don't know. ----- That's what I saw happen the last go-'round, when the world was gonna end if gasoline were to approach $1.00 /gallon any closer ( I recall 86.9 cents per gallon was a big motivator for folks to purchase motorcycles. Our big ol' v-8 Fords ( 10-12 mpg) got a little to pricey to drive casually) . --- So that's why I think everybody should be in the market, buying and retaining the bits they want, and re-selling the 'junque' . 'Cause your junk is my treasure and vice versa. Some of us are going to find some real treasure, most of us will maybe just upgrade a tad, all of us will have great stories to tell when silver falls back to $$$??? or surges permanently to $$???, or stays precisely where it is for eternity.[/QUOTE]
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