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<p>[QUOTE="cladking, post: 1260153, member: 68"]Silver won't work in most vending machines any longer. It's not impossible that a deflation would lead to banks being unwilling to accept silver coin at face value since the coins don't work in vending machines. </p><p><br /></p><p>Obviously such a scenario is improbable but the point is that no matter what the future holds clads have been the money of the land for more than two generations. For the main parrt collectors don't collect because a coin is worth a lot as metal but because a coin is scarce or needed for a collection. The metallic value of an 1804 dollar or a gem 1804 cent is simply irrelevant to almost every single owner of these. The same applies to the owner of a 1975 dime that recently sold for more than a quarter million dollars. As a rule collectors value quality and rarity above almost all else and for many of us the value of the metal is incidental and few desire to sell their collections to scrap dealers.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 1260153, member: 68"]Silver won't work in most vending machines any longer. It's not impossible that a deflation would lead to banks being unwilling to accept silver coin at face value since the coins don't work in vending machines. Obviously such a scenario is improbable but the point is that no matter what the future holds clads have been the money of the land for more than two generations. For the main parrt collectors don't collect because a coin is worth a lot as metal but because a coin is scarce or needed for a collection. The metallic value of an 1804 dollar or a gem 1804 cent is simply irrelevant to almost every single owner of these. The same applies to the owner of a 1975 dime that recently sold for more than a quarter million dollars. As a rule collectors value quality and rarity above almost all else and for many of us the value of the metal is incidental and few desire to sell their collections to scrap dealers.[/QUOTE]
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