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<p>[QUOTE=&quot;V. Kurt Bellman, post: 2238520, member: 71723&quot;]I think both of you are onto something. What we have called &quot;junk silver&quot; (90% U.S. coin in lower grades) is an artificial product. It has no fundamental reason to exist in quantity. Much of it can be put to numismatic use. That reduction of supply is a natural thing. But silver is still silver. The number one source of silver scrap today is recently scanned and discarded radiographs (X-rays). The days when massive amounts of silver were tied up in 11x17 chest films is not all that far back! I used to sell the stuff myself. I&#039;ve also seen, more recently, massive truckloads of the stuff being dumped at a silver refiner near Philly International named Pyromet. The silver scrap business is not in danger, meine Freunden. 90% coin will continue to deplete because they largely ain&#039;t making more of it (silver proof sets and modern commems the exception). That does not speak to scrap silver generally.[/QUOTE]</p><p><br /></p>

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