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<p>[QUOTE="medoraman, post: 7299929, member: 26302"]I find the interplay between numismatic and junk values interesting. It is not set in stone, but most coins are numismatic valued at low enough silver prices, and most are melt value at high enough silver value. This is easy enough to see on items like g-vf barber coinage. Its also easy to see on 1980's era commemoratives. When I say this, most people say "But Chris, my morgan dollar collection would never be worth melt". Throw down $300 an ounce silver, and most Morgans become worth melt value. Its all a matter of degree and price. On the other extreme, most "junk" becomes numismatically priced if silver drops to $1. Those of course are extremes, but illustrate the point. Every coin unless its priced $500 or more is on this continuum at some point. I like looking around when silver is a little highish and see what is in the junk bags, and if silver drops try to still buy it at melt.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 7299929, member: 26302"]I find the interplay between numismatic and junk values interesting. It is not set in stone, but most coins are numismatic valued at low enough silver prices, and most are melt value at high enough silver value. This is easy enough to see on items like g-vf barber coinage. Its also easy to see on 1980's era commemoratives. When I say this, most people say "But Chris, my morgan dollar collection would never be worth melt". Throw down $300 an ounce silver, and most Morgans become worth melt value. Its all a matter of degree and price. On the other extreme, most "junk" becomes numismatically priced if silver drops to $1. Those of course are extremes, but illustrate the point. Every coin unless its priced $500 or more is on this continuum at some point. I like looking around when silver is a little highish and see what is in the junk bags, and if silver drops try to still buy it at melt.[/QUOTE]
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