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<p>[QUOTE="Collector1966, post: 784263, member: 17919"]I would like to see the news about the smelter being slapped with a fine for melting silver coins. They were probably fined for melting copper and/or nickel coins.</p><p><br /></p><p>Here is a letter from August 2009 to Numismatic News, by a former Mint director, that specifically mentions his desire to repeal the law prohibiting the melting of pennies and nickels, with nary a word about silver coins. Since silver coins no longer circulate, and the law specifically mentions only pennies and nickels, it can be interpreted to mean that the law does not apply to silver coins</p><p><br /></p><p><a href="http://www.numismaticnews.net/article/Time_to_end_ban_on_melting_cents_nickels/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.numismaticnews.net/article/Time_to_end_ban_on_melting_cents_nickels/" rel="nofollow">http://www.numismaticnews.net/article/Time_to_end_ban_on_melting_cents_nickels/</a></p><p><br /></p><p>Also, the March 10, 2008 edition of Coin World has a front page article about the melting of massive amounts of recent-issue US gold commemorative coins by a private party.[/QUOTE]</p><p><br /></p>
[QUOTE="Collector1966, post: 784263, member: 17919"]I would like to see the news about the smelter being slapped with a fine for melting silver coins. They were probably fined for melting copper and/or nickel coins. Here is a letter from August 2009 to Numismatic News, by a former Mint director, that specifically mentions his desire to repeal the law prohibiting the melting of pennies and nickels, with nary a word about silver coins. Since silver coins no longer circulate, and the law specifically mentions only pennies and nickels, it can be interpreted to mean that the law does not apply to silver coins [url]http://www.numismaticnews.net/article/Time_to_end_ban_on_melting_cents_nickels/[/url] Also, the March 10, 2008 edition of Coin World has a front page article about the melting of massive amounts of recent-issue US gold commemorative coins by a private party.[/QUOTE]
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scrap silver bullion worth it?
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