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<p>[QUOTE="harley bissell, post: 2828017, member: 88212"]All coins under a dime presently cost more than face value to produce. That includes zincolns. Currently regulations ban melting coins. It is expected that it will eventually be made illegal to melt coins. In previous depressions the cycle lets folks use credit; then cash only; then barter including precious metals and gemstones and art work; then finally barter for food and supplies. As each new thing comes online the previous things are no longer accepted. These are historical facts not predictions of the future. Anyone who wants to know what to expect can read up on what has been happening in Venezuela. In my opinion .999 silver is a lousy survival investment. Folks will not be able to make change so you can either give a worn silver nickel or dime or an entire silver dollar or eagle for your trade. Junk .900 fine US silver coins contain .72 ounce per dollar face with no premiums to buy them. .800 fine Canada coins contain .54 ounce silver per dollar face. .999 silver is spot plus a premium and each coin is one troy ounce. Zinc is considered to be a strategic metal. Therefore it will always have a value. Unfortunately it is dangerous to melt due to the fumes.[/QUOTE]</p><p><br /></p>
[QUOTE="harley bissell, post: 2828017, member: 88212"]All coins under a dime presently cost more than face value to produce. That includes zincolns. Currently regulations ban melting coins. It is expected that it will eventually be made illegal to melt coins. In previous depressions the cycle lets folks use credit; then cash only; then barter including precious metals and gemstones and art work; then finally barter for food and supplies. As each new thing comes online the previous things are no longer accepted. These are historical facts not predictions of the future. Anyone who wants to know what to expect can read up on what has been happening in Venezuela. In my opinion .999 silver is a lousy survival investment. Folks will not be able to make change so you can either give a worn silver nickel or dime or an entire silver dollar or eagle for your trade. Junk .900 fine US silver coins contain .72 ounce per dollar face with no premiums to buy them. .800 fine Canada coins contain .54 ounce silver per dollar face. .999 silver is spot plus a premium and each coin is one troy ounce. Zinc is considered to be a strategic metal. Therefore it will always have a value. Unfortunately it is dangerous to melt due to the fumes.[/QUOTE]
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