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Washing circulated silver coins with mild soap and water
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<p>[QUOTE="Doc J, post: 3106887, member: 29599"]I was talking about mildly washing melt silver. I think it may be beneficial for people that own them.</p><p><br /></p><p>Is it ever worth more than melt after a simple mild washing? No. Will it ever be worth anything more in the future? Maybe, due only to it's silver. It's simple in that most silver coins (I'd say 80%) are worth melt.</p><p><br /></p><p>Today that is X 12 face. So, a 1964 or before coin is 12 times coin or a 1964 half-dollar is $0.50 X 12 or $6.00. It will be worth that lightly washed or original. </p><p><br /></p><p>If the price of silver goes back to historic values compared to gold, it should go to back to X 47 of gold (the 100-year historic value). The U.S. said 15:1 in 1792, and it went of 100:1 in Jan. of 1991.</p><p><br /></p><p>I like going back to the 100-year historic value of $28 oz. to 1300 oz. of gold (47:1).</p><p><br /></p><p>The stock market is up due to current intrinsic values today (but no room for error). I am a player in gold but mostly like silver today since it has a lot more of upside potential.[/QUOTE]</p><p><br /></p>
[QUOTE="Doc J, post: 3106887, member: 29599"]I was talking about mildly washing melt silver. I think it may be beneficial for people that own them. Is it ever worth more than melt after a simple mild washing? No. Will it ever be worth anything more in the future? Maybe, due only to it's silver. It's simple in that most silver coins (I'd say 80%) are worth melt. Today that is X 12 face. So, a 1964 or before coin is 12 times coin or a 1964 half-dollar is $0.50 X 12 or $6.00. It will be worth that lightly washed or original. If the price of silver goes back to historic values compared to gold, it should go to back to X 47 of gold (the 100-year historic value). The U.S. said 15:1 in 1792, and it went of 100:1 in Jan. of 1991. I like going back to the 100-year historic value of $28 oz. to 1300 oz. of gold (47:1). The stock market is up due to current intrinsic values today (but no room for error). I am a player in gold but mostly like silver today since it has a lot more of upside potential.[/QUOTE]
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Washing circulated silver coins with mild soap and water
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