I know the Red Book only comes out once a year, and silver spot changes ever second. If a coins melt value goes higher than it's Red Book value would that mean that it has no Numismatic value, or would it's numismatic value have increased to stay a bit above the melt value? Thanks, as always!
Its value would stay the same regardless of melt, when gold was 2000/oz people could buy common $20 in 63/64, this is also why you will see people finding ms quarters, dimes, etc, in a coin shops "junk bin"
1) Redbook is at beat a "ballpark" price guide. 2) Numismatic premium (if any) will depend on the coin.
