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<p>[QUOTE="cerdsalicious, post: 785715, member: 22135"]Actually I must apologize, I looked through it again and again and here is what I came up with from my talk with a mint official.</p><p>Any silver pre 1969 can be metled. And commemoratives can be melted.</p><p>The onyl way they prosecute you if your special ordering ASE from the mint and then directly melting them by the hundreds or thousands each week. Only a couple smelters ahve been hit with this.</p><p>As for the copper pennies, he claimed so far that most of the busts have been from people who melting pennies of all years and trying to sell zinc as copper, or if they were placing 1982 zinc cents with their copper penny melts a percentage of it would be zinc and when its assayed by scrap metal dealers they would notify the authorities based on suspicion. </p><p>Plainly, I am about to melt scrap silver and make bars, I am considering doing it to some silver coins as well. In addition I am thinking about hoarding those copper penny's buy a bunch from a dealer for maybe 1.5 cetns each and then once its legal to melt ill start doing those as well.[/QUOTE]</p><p><br /></p>
[QUOTE="cerdsalicious, post: 785715, member: 22135"]Actually I must apologize, I looked through it again and again and here is what I came up with from my talk with a mint official. Any silver pre 1969 can be metled. And commemoratives can be melted. The onyl way they prosecute you if your special ordering ASE from the mint and then directly melting them by the hundreds or thousands each week. Only a couple smelters ahve been hit with this. As for the copper pennies, he claimed so far that most of the busts have been from people who melting pennies of all years and trying to sell zinc as copper, or if they were placing 1982 zinc cents with their copper penny melts a percentage of it would be zinc and when its assayed by scrap metal dealers they would notify the authorities based on suspicion. Plainly, I am about to melt scrap silver and make bars, I am considering doing it to some silver coins as well. In addition I am thinking about hoarding those copper penny's buy a bunch from a dealer for maybe 1.5 cetns each and then once its legal to melt ill start doing those as well.[/QUOTE]
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