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<p>[QUOTE=&quot;cladking, post: 1329815, member: 68&quot;]Yes.&nbsp; Most modern coins are being destroyed and shipped to Japan, India, and China to make consumer products.&nbsp; But even Lebanese coins are used in this country as chill scrap or alloy in various casting operations.&nbsp; Old coins were rarely ever destroyed because as currencies debase there is no incentive to turn in a large silver coin for a small silver coin.&nbsp; Generally they didn&#039;t even bother recalling coins and this is why even after centuries you can find all sorts of old coins.&nbsp; But moderns are usually recalled and replaced by something new while the used coins are destroyed.&nbsp; Since very few were saved in pristine condition and then circulating issues were destroyed it can make them tough in any grade even with their huge mintages.&nbsp; </p><p><br /></p><p>There&nbsp; used to be a regular route for a large transport ship that ferried cars to various western ports in South America and would return to Japan laden with coins to make into consumer products.&nbsp; Most of the European coins were waffled and then shipped to India.&nbsp; It&#039;s the same way everywhere.&nbsp; No one wants the coins and they get worn out and then melted.&nbsp; Many of the old Soviet coins have huge premiums even in lower grades because there was apparently a very high redemption rate. Indian coins are constantly being attacked by small business to use to make consumer products.&nbsp; An old nicle Rupee is worth only a couple cents but can be turned into thousands of razor blades worth hundreds of dollars.&nbsp; The LME defaulted on nickel contracts a few years back and this dried up legal supplies of nickel in most places.[/QUOTE]</p><p><br /></p>

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