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<p>[QUOTE="jolumoga, post: 26749549, member: 41780"]According to Numista, a Mercury dime has a melt value of $6.40 right now. I think that's cheap. Yeah, I know, I remember when I was buying them for $2.00-2.25, but even then I knew it was an insane buy. I think one of the reasons why 90% silver is selling for melt or slightly below it (the half dollars I just bought were at or slightly below) is because retail holds this and retail is selling. So coin shops are flooded with this silver and have no way to flip it for profits, leading to cash problems. Sooner or later the refineries will get caught up. This leads me to believe, once they are caught up, a lot of the 90% will get melted if retail does not buy, which is not a bad thing as it makes the coins more scarce. I for one was never opposed to vintage sterling silver getting melted, as I felt it would give the collections that are preserved more value.[/QUOTE]</p><p><br /></p>
[QUOTE="jolumoga, post: 26749549, member: 41780"]According to Numista, a Mercury dime has a melt value of $6.40 right now. I think that's cheap. Yeah, I know, I remember when I was buying them for $2.00-2.25, but even then I knew it was an insane buy. I think one of the reasons why 90% silver is selling for melt or slightly below it (the half dollars I just bought were at or slightly below) is because retail holds this and retail is selling. So coin shops are flooded with this silver and have no way to flip it for profits, leading to cash problems. Sooner or later the refineries will get caught up. This leads me to believe, once they are caught up, a lot of the 90% will get melted if retail does not buy, which is not a bad thing as it makes the coins more scarce. I for one was never opposed to vintage sterling silver getting melted, as I felt it would give the collections that are preserved more value.[/QUOTE]
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