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<p>[QUOTE="Patriot Coin Ring, post: 2510897, member: 81618"]I respect that same sentiment bud. JMO but I think it would be far less likely to return your ring to the bank but rather would sell it to another collector preserved in this fashion.</p><p><br /></p><p>I do love all the comments and conversations a nice ring brings and for me, I have the feeling that it's been preserved for life in a wonderful way to share with others as a ring. As a coin collector as well, I do understand and respect what you are saying for the very rare coins because I have some I would never convert to a ring knowing it's one of only a couple remaining.</p><p><br /></p><p>On the flip side you might agree that most of our coins are actually found in coin roll hunting by individuals who get hard up for cash so they intentionally or accidentally put them back into circulation and if the federal mint obtains these silvers, they aren't redistributed out but rather melted down and destroyed. Doing a lot of coin roll hunting (I pickup about $3,000/week in halfs by multiple banks in my area) I got a call from one of my regular banks managers who said they had someone bring in $200 worth of lose halfs. Most coin roll hunters love hearing that over buying from the vault and when I picked them up, it turned out to be my best haul ever! Liberties, Freedom, Morgans, just unbelievable. Who knows how this happened, theft, a junkie, a kid who stole his dads coins, these things happen. Had the manager not called me, they would have all been destroyed. Even if a collector brings their coins to a pawn shop, they are (at least according to all the pawn shops I shop) will melt the coins down for their silver value if they don't sell them within a weeks time after the 30 day hold. Only some specialty jewelry pawn shops will maintain the coins in the original state because they value the coins for what they are and not their silver content alone.</p><p><br /></p><p>Take care bud[/QUOTE]</p><p><br /></p>
[QUOTE="Patriot Coin Ring, post: 2510897, member: 81618"]I respect that same sentiment bud. JMO but I think it would be far less likely to return your ring to the bank but rather would sell it to another collector preserved in this fashion. I do love all the comments and conversations a nice ring brings and for me, I have the feeling that it's been preserved for life in a wonderful way to share with others as a ring. As a coin collector as well, I do understand and respect what you are saying for the very rare coins because I have some I would never convert to a ring knowing it's one of only a couple remaining. On the flip side you might agree that most of our coins are actually found in coin roll hunting by individuals who get hard up for cash so they intentionally or accidentally put them back into circulation and if the federal mint obtains these silvers, they aren't redistributed out but rather melted down and destroyed. Doing a lot of coin roll hunting (I pickup about $3,000/week in halfs by multiple banks in my area) I got a call from one of my regular banks managers who said they had someone bring in $200 worth of lose halfs. Most coin roll hunters love hearing that over buying from the vault and when I picked them up, it turned out to be my best haul ever! Liberties, Freedom, Morgans, just unbelievable. Who knows how this happened, theft, a junkie, a kid who stole his dads coins, these things happen. Had the manager not called me, they would have all been destroyed. Even if a collector brings their coins to a pawn shop, they are (at least according to all the pawn shops I shop) will melt the coins down for their silver value if they don't sell them within a weeks time after the 30 day hold. Only some specialty jewelry pawn shops will maintain the coins in the original state because they value the coins for what they are and not their silver content alone. Take care bud[/QUOTE]
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