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<p>[QUOTE="SilverSurfer, post: 743702, member: 21603"]Truth be told about 90% silver junk coins. Nobody actually melts them down. If you sell them to a smelter, the smelter is more likely to sell them back to a coin dealer, who can make an immediate profit for the smelter and himself. If the smelter decided to melt the silver coins, the value would be less and the cost of energy to smelt it wouldn't be worth it. So, while bullion has it's value in the content of the metal, industries aren't going to use 90% silver coins when 99.99% silver is still so readily available on the market.</p><p><br /></p><p>Yet, people still buy 90% silver coins just as if they were 99.99% silver. The same would hold true for the copper pennies. Nobody really would want to melt them down....they'll be worth much more as curios from a time long past with a guarantee of quality.[/QUOTE]</p><p><br /></p>
[QUOTE="SilverSurfer, post: 743702, member: 21603"]Truth be told about 90% silver junk coins. Nobody actually melts them down. If you sell them to a smelter, the smelter is more likely to sell them back to a coin dealer, who can make an immediate profit for the smelter and himself. If the smelter decided to melt the silver coins, the value would be less and the cost of energy to smelt it wouldn't be worth it. So, while bullion has it's value in the content of the metal, industries aren't going to use 90% silver coins when 99.99% silver is still so readily available on the market. Yet, people still buy 90% silver coins just as if they were 99.99% silver. The same would hold true for the copper pennies. Nobody really would want to melt them down....they'll be worth much more as curios from a time long past with a guarantee of quality.[/QUOTE]
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