Its the year 2032 the price of silver is $200 an ounce down from $500 and 50% of the Pre 1964 silver coins have been melted, 80% of "modern" silver coins have also been melted, much of them slabbed. Classic coins such as Franklin halves are most common uncirculated then not and modern coins like Silver Eagles are most common slabbed ms70/pr70 then raw.
or it could go the other way too lol gold=20.00 per ounce and 90% silver is back in circulation. 95% of all clad counage had been melted and destroyed making almost every clad coin a key date.
Silver will never be back in circulation, as there isn't enough of it in reserves to back the national debt. So, we will never go back to "silver certificates." Thus, modern silver will probably be more valuable, especially earlier stuff--with very high prices. Silver Eagles that have limited mintages will soar, and likewise, so will 1940's coins to the price that 1850-1890 stuff is now. Gold will be lower, as it is at an unsustainable high, and silver is low--so you do the math there. Modern comemms with low mintages will also increase greatly--those that are all silver coinage. The penny will become far rarer than it is, as we will not be using the penny any more--so those Lincolns will be more valuable, as well as Indian pennies.
It is quite possible that common date MS silver coinage (64 and earlier) may be tough to get due to melts. I know that clad is seen as a curse word here sometimes, but high grade clad coinage (1965 and later) may also get some attention from collectors in the future as well. TC
Luke, While this is all a guess, since no one really knows, but I would like to hear your thinking on why silver would soar to a high of $500 sometime over the next 20 years. Are you predicting a doomsday scenario where the green back crashes? Mike