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<p>[QUOTE=&quot;cerdsalicious, post: 816540, member: 22135&quot;]Lets go over some flaws in your argument.</p><p>For you send it to a smelter you would have to ship severla hundred ozs minimum for it to be worthwhile. you still woudl only get paid about 80-90% of .925</p><p>&nbsp;</p><p>Second a dealer has to make a profit and dealers send it in large bulk. As in usually 5,000-10,000 ozs of silver. </p><p>&nbsp;</p><p>Third even when silver is marked .925, due to the manufacturing process it&#039;s usually less than .925</p><p>&nbsp;</p><p>Fourth people arent even aware about the existence of this coin. I would guess most were destroyed back during the 1979-1980 melt.&nbsp; So no demand no interest. These coins would go straight to the smelter. all 90% gets resold. Any pure bullion coins that are euorpean or american are kept. Other foreign bullion coins (pandas, mexican silver etc.) would go to the smelter. If these were bullion rounds or bars and arent from inglehard, sunshine mint or quality silver bullion, they go to the smelter.</p><p>Essentially it has no resale value so its only worth scrap. yoru going to get payed on a scrap metal scale. so if your paid 65% on .925 for scrap then thats what you will get.</p><p>&nbsp;</p><p>There really is no way to explain it further than that.[/QUOTE]</p><p><br /></p>

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