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<p>[QUOTE="cladking, post: 1256395, member: 68"]Clad coins have not been melted yet but this is the fate of almost all moderns and it will eventually befall clad quarters as well. </p><p><br /></p><p>Almost all of the pre-2000 European coins have been melted and turned into consumer products. Have you priced something like a nice luminum unc 1950 E E German 10p recently. It goes for well over $1000. A 1969 Russian 5k goes for nearly a thousand. Some of the Greek cu ni from the '50's is over a thousand. A 1991 Russian mint set is over $2500 and an Indian 1950 proof set is over $1000. These coins are mostly high mintage but people neglected to save them. All of these coins that were left after decades of use have been melted over the last couple decades. </p><p><br /></p><p>The old coins were not melted because no one would want to turn in a silver coin for a debased coin. Of course some have been melted individually but this isn't like thwe wholesale destruction of hundreds of millions of coins. There was a ship that used to take 30,000 tons of obsolete coins back to Japan after each delivery of Toyotas to South America. But you can go to a coin shop and get bags of obsolete silver. </p><p><br /></p><p><br /></p><p><br /></p><p>It was highly variable. It ranged from as low as about .08% to as high as about 9%. Multiply that low number by the one third of mint sets that survive to get an idea of how scarce gems can be. Try to find gems of coins that didn't appear in mint sets like the '82-P quarter if you want a real challenge.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 1256395, member: 68"]Clad coins have not been melted yet but this is the fate of almost all moderns and it will eventually befall clad quarters as well. Almost all of the pre-2000 European coins have been melted and turned into consumer products. Have you priced something like a nice luminum unc 1950 E E German 10p recently. It goes for well over $1000. A 1969 Russian 5k goes for nearly a thousand. Some of the Greek cu ni from the '50's is over a thousand. A 1991 Russian mint set is over $2500 and an Indian 1950 proof set is over $1000. These coins are mostly high mintage but people neglected to save them. All of these coins that were left after decades of use have been melted over the last couple decades. The old coins were not melted because no one would want to turn in a silver coin for a debased coin. Of course some have been melted individually but this isn't like thwe wholesale destruction of hundreds of millions of coins. There was a ship that used to take 30,000 tons of obsolete coins back to Japan after each delivery of Toyotas to South America. But you can go to a coin shop and get bags of obsolete silver. It was highly variable. It ranged from as low as about .08% to as high as about 9%. Multiply that low number by the one third of mint sets that survive to get an idea of how scarce gems can be. Try to find gems of coins that didn't appear in mint sets like the '82-P quarter if you want a real challenge.[/QUOTE]
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