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<p>[QUOTE=&quot;crystalk64, post: 73082, member: 1873&quot;]The mint sells the scrap to a private firm. When the scrap metal leaves the mint it then becomes property of the private firm. Why try to melt down junk metal? The cost would be more than the scrap is worth not to mention our coins are CLAD which means more than one metal is involved so it is easier to sell to a junk dealer who specializes in such endeavors. Now the coins are &quot;waffled&quot; to destroy any possible value they may have. They are not doing it to demonitize the coin. Until a coin gets to the Federal Reserve it is NOT really money in the eyes of the mint. Actually every proof and mint set we buy does not exsist as they never went through the Federal Reserve so it is not included in the official reports by the U.S. Treasury as money in circulation. Waffled coins are nothing more than a fad and should a few more thousand hit the market I would hate to be one who paid the big bucks to get a few of the first ones.[/QUOTE]</p><p><br /></p>

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