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<p>[QUOTE=&quot;cerdsalicious, post: 812790, member: 22135&quot;]Actually a great point you brought up here. US silver coins are readily available and that brings up the point that I dont believe that all smelters had the capacity to smelt the coins and or will. And here is why.</p><p>About a couple blocks from my store is a coin shop, they pay for bulk 3% over spot. They also sell these investment bags nationwide. Now from my perspective and every other dealers, and salvage and smelters point of view. If I could get over spot, for the coins intact, why should I melt them?</p><p>All the local smelters send their coins to this shop, so many people send their coins to this shop that its ridicolous. I Have seen bags filled with hundreds of morgans whenever I go in to sell my weekly take. In addition I have seen representatives from a local smelter there before selling bags of US silver coins. </p><p>Now not saying that all people do this or that all smelters wont, but around here no one smelts their US coins. The only smelter who does actually melt the coins, only does pure bullion coins, and even then they prefer to smelt the pandas since ASE&#039;S can be sold over spot. </p><p>Plus In regards to the article, they said they were trying to figure the know how on how to smelt these coins properly. By the time they do all that I am psoitive a majority of smelters, were unable to smelt the coins at peak prices, during 1979,1980. In addition my dad who was alive and young at the time claims that it was easiier to get bags of 90% silver coins back then today. he also believes only a small amount were smelted. </p><p>I wont say that 75% have been smelted, I do say though that certain Bu years were smelted in greater numbers. My whole point was to bring up that maybe we should relook into the population figures currently and try to see which years in high grades have significantly lower numbers so that we can adjust prices accordingly...[/QUOTE]</p><p><br /></p>

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