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<p>[QUOTE="cubenewb, post: 1075151, member: 25644"]I'm not entirely well acquainted with the refinement process, but as I understand it it requires some industrial chemicals (borax is one i believe), as well as the graphite ingots, crucibles, and other equipment necessary to process it all. However, if someone were to buy a 1000 90% halves for say 10,000 (10 bucks apiece is probably reasonable in bulk?) they'd have (in a perfect world) 361.69 troy. I'd estimate that at least 5% would be lost when skimming the crud/impurities off the top of the molten bar during the refinement process, if that's the case the person has 343.61 troy. They would break even selling at $29.10, this makes me believe plenty of people are doing this despite its illegality</p><p><br /></p><p>As for melting mercuries.. that just seems preposterous? Why would someone melt mercs when there are myriads of halves, roosies, and other less 'rare' silver coins they could melt? As far as I'm concerned, a mercury is to an indian as a roosevelt is to a lincoln memorial. Mercs have a premium no matter their condition or year imo</p><p><br /></p><p>Edit: Interested to see 'Merc Crazy's response <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie7" alt=":p" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="cubenewb, post: 1075151, member: 25644"]I'm not entirely well acquainted with the refinement process, but as I understand it it requires some industrial chemicals (borax is one i believe), as well as the graphite ingots, crucibles, and other equipment necessary to process it all. However, if someone were to buy a 1000 90% halves for say 10,000 (10 bucks apiece is probably reasonable in bulk?) they'd have (in a perfect world) 361.69 troy. I'd estimate that at least 5% would be lost when skimming the crud/impurities off the top of the molten bar during the refinement process, if that's the case the person has 343.61 troy. They would break even selling at $29.10, this makes me believe plenty of people are doing this despite its illegality As for melting mercuries.. that just seems preposterous? Why would someone melt mercs when there are myriads of halves, roosies, and other less 'rare' silver coins they could melt? As far as I'm concerned, a mercury is to an indian as a roosevelt is to a lincoln memorial. Mercs have a premium no matter their condition or year imo Edit: Interested to see 'Merc Crazy's response :p[/QUOTE]
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