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<p>[QUOTE=&quot;Cloudsweeper99, post: 920457, member: 3011&quot;]Good point.&nbsp; The amount of silver melted around 1980 must have been tremendous.&nbsp; I don&#039;t know how anybody could accurately quantify it.&nbsp; My guess would be that most of the silver available to melt [such as granny&#039;s tea set] at prices below $25 or so is gone.&nbsp; When prices go higher, I think more people sell their silver to melt because of the higher profit margin over their cost.&nbsp; And since higher prices are indicating tighter supplies for industrial users, smelters probably have a greater demand for it.&nbsp; A spike to $50 will probably have collectors cracking out MS69 bullion to melt.[/QUOTE]</p><p><br /></p>

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