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<p>[QUOTE="calcol, post: 26527420, member: 77639"]Good chance that significant quantities of precious metal coins discovered in the ground today are melted. Many (most?) governments have a policy that any finds of older coins belong to the government. So, if someone (usually a farmer, construction worker, or metal detectorist) makes a find of precious metal coins, they can turn it over to the government, try to sell it on the black market as is, or melt it and sell the ingot. The big advantage of melting is that the ingot can be sold openly with little chance of negative legal consequences.</p><p><br /></p><p>Mike[/QUOTE]</p><p><br /></p>
[QUOTE="calcol, post: 26527420, member: 77639"]Good chance that significant quantities of precious metal coins discovered in the ground today are melted. Many (most?) governments have a policy that any finds of older coins belong to the government. So, if someone (usually a farmer, construction worker, or metal detectorist) makes a find of precious metal coins, they can turn it over to the government, try to sell it on the black market as is, or melt it and sell the ingot. The big advantage of melting is that the ingot can be sold openly with little chance of negative legal consequences. Mike[/QUOTE]
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Coins made in ancient times and collected since then
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