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<p>[QUOTE="clembo, post: 319006, member: 8033"]I have been wondering if this could actually happen and it seems it may.</p><p><br /></p><p>Sometimes a proof set "tanks" as it were and this happened with the 2003 Silver set. </p><p>Maybe my math is wrong but with current silver levels dealers may pay 11-12 times face for junk silver. In the case of the silver proof set at 11x face that's $14.85 just for the silver coins. Then you have an extra cent, nickel and dollar so let's just round it up to $16.00 at melt plus face.</p><p><br /></p><p>Now dealer bid on same set is now $21. Not much of a gap but if silver keeps going up I may as well dump Proof coins as junk silver. Retail on the Sacagawea from the set is $20 so I can dump them at say $8.00 and get over bid for the set plus still have the nickel and cent.</p><p><br /></p><p>Yeah, I know it's silly but sometimes my mind works that way. </p><p><br /></p><p>It is kind of intersting though. Thoughts?[/QUOTE]</p><p><br /></p>
[QUOTE="clembo, post: 319006, member: 8033"]I have been wondering if this could actually happen and it seems it may. Sometimes a proof set "tanks" as it were and this happened with the 2003 Silver set. Maybe my math is wrong but with current silver levels dealers may pay 11-12 times face for junk silver. In the case of the silver proof set at 11x face that's $14.85 just for the silver coins. Then you have an extra cent, nickel and dollar so let's just round it up to $16.00 at melt plus face. Now dealer bid on same set is now $21. Not much of a gap but if silver keeps going up I may as well dump Proof coins as junk silver. Retail on the Sacagawea from the set is $20 so I can dump them at say $8.00 and get over bid for the set plus still have the nickel and cent. Yeah, I know it's silly but sometimes my mind works that way. It is kind of intersting though. Thoughts?[/QUOTE]
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