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<p>[QUOTE="silentnviolent, post: 2361624, member: 8797"]Well, I live in MN where big brother leaves the definition of PM in regards to copper a little on the grey side. Maybe next time it rises to $4 and the pipe and wire thefts rise again, it may be clarified so that the thieves can then be further prosecuted under the new bullion dealer laws.</p><p><br /></p><p>Since it is in the grey area, I treat it like it is considered PM for all intents and purposes. Who knows? Maybe that definition could vary from judge to judge? </p><p><br /></p><p>I understand that the 95% copper cents are and should not be traded as if they were #1.</p><p><br /></p><p>I also understand that 90% silver bullion quality coin trades based on ASW.</p><p><br /></p><p>So my thoughts are, is there a future in 95%Cu trading based on ACW (actual copper weight)? The same reasoning behind it being that people are comfortable, familiar with the coins and their standard weight and composition vs various bullion round producers. </p><p><br /></p><p>As a matter of discussion.[/QUOTE]</p><p><br /></p>
[QUOTE="silentnviolent, post: 2361624, member: 8797"]Well, I live in MN where big brother leaves the definition of PM in regards to copper a little on the grey side. Maybe next time it rises to $4 and the pipe and wire thefts rise again, it may be clarified so that the thieves can then be further prosecuted under the new bullion dealer laws. Since it is in the grey area, I treat it like it is considered PM for all intents and purposes. Who knows? Maybe that definition could vary from judge to judge? I understand that the 95% copper cents are and should not be traded as if they were #1. I also understand that 90% silver bullion quality coin trades based on ASW. So my thoughts are, is there a future in 95%Cu trading based on ACW (actual copper weight)? The same reasoning behind it being that people are comfortable, familiar with the coins and their standard weight and composition vs various bullion round producers. As a matter of discussion.[/QUOTE]
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