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Message:: [QUOTE="-jeffB, post: 2472051, member: 27832"]Heck, people hoard today's regular circulating coins, then either cash them in all at once or dump the task on their heirs. It's still not that uncommon for people to cash in hoarded silver for face value, even with spot 14x or higher. If spot dropped to 1x (around $1.30/ozt), doing so would be just common sense (for non-collectors). But there would still be people who would pick it out of circulation, just as there are people who pick nickels or copper cents today. It's hard for me to imagine the circumstances that would drive silver down to that level, but it's easy for me to imagine that those circumstances (industrial collapse, runaway deflation) would lead a lot of people to cash in whatever change they could muster. That's not something to wish for.[/QUOTE]