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<p>[QUOTE=&quot;Conder101, post: 1418029, member: 66&quot;]Sure, you want to take all of them off his hands for more than melt price?&nbsp; He&#039;d happily sell them to you instead of the smelter.&nbsp; The thing is he gets a lot more coming in than he has collectors wanting to buy.&nbsp; The surplus ties up capital.&nbsp; So it gets dumped with the smelter who will take all he has.&nbsp; That frees up the capital for more buying.</p><p><br /></p><p>Case in point, in 1979 Unc 1883-O dollars were about $10 each and they were going begging because they were so common.&nbsp; Then at the end of the year silver skyrocketed and in just a couple months those $10 coins had $35 worth of silver in them.&nbsp; Well believe me if collectors weren&#039;t interested in buying them at $10, they definitely weren&#039;t beating down the door to buy them at $35 two months later.&nbsp; And Leon had 300,000 of them.&nbsp; Now he could have held them and sold them to collectors for $35 each and it probably would have taken years to do so.&nbsp; Or he could ship them to the smelter at $35 each and have a check tomorrow for the whole batch.&nbsp; (Not to mention that the next month silver crashed and if he had held them they would have been worth a lot less.)&nbsp; So he shipped them for melting.&nbsp; It was the correct business decision.[/QUOTE]</p><p><br /></p>

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