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<p>[QUOTE="Luke1988, post: 1012541, member: 26830"]Three reasons that i can think of for dealers accepting worn coins</p><p><br /></p><p>1. They buy them at such a margin below spot that even if a coin is missing 10% of its metal they are still making a profit</p><p>2. Silver is still pretty cheap and a few penny's worth of lost metal is not a deal breaker, but that would change if silver hit 50+ a ounce </p><p>3. They can still pretty easy just pass them along in that form without sending them to be melted.[/QUOTE]</p><p><br /></p>
[QUOTE="Luke1988, post: 1012541, member: 26830"]Three reasons that i can think of for dealers accepting worn coins 1. They buy them at such a margin below spot that even if a coin is missing 10% of its metal they are still making a profit 2. Silver is still pretty cheap and a few penny's worth of lost metal is not a deal breaker, but that would change if silver hit 50+ a ounce 3. They can still pretty easy just pass them along in that form without sending them to be melted.[/QUOTE]
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