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While silver is low, we should get a law passed.
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<p>[QUOTE="Blaubart, post: 1471575, member: 37498"]Would this law apply to bullion coins too?</p><p><br /></p><p>IMO - If you want to preserve history, then buy what you want to preserve.</p><p><br /></p><p>We just happen to have an interest in coins, so many of us hate to see them melted down. Not that we really need more laws, but if congress does this for coins, what's to stop them from doing the same for virtually everything else? All buildings are a part of history. So are cars, computers, clothes, comics, stamps, toys, bodies, and well, everything.</p><p><br /></p><p>There is a process to protect a historical building: Have it declared a historical building. Then it becomes much more difficult to destroy. Maybe we could make a similiar process for coins. If you have a coin that you want preserved for eternity, then have it slabbed in a special historical slab. But, seeing as coins are much different than structures, what would stop a person from breaking the coin out of the slab?</p><p><br /></p><p>In the meantime, I think economics is doing a good job at preserving the best specimens of history. For the most part, the only coins that are in danger of being melted down are those that are only worth their bullion value. If society placed a higher value on these coins, then they would be worth more than their melt value. In a way, the people are already voting on it, with their dollars.[/QUOTE]</p><p><br /></p>
[QUOTE="Blaubart, post: 1471575, member: 37498"]Would this law apply to bullion coins too? IMO - If you want to preserve history, then buy what you want to preserve. We just happen to have an interest in coins, so many of us hate to see them melted down. Not that we really need more laws, but if congress does this for coins, what's to stop them from doing the same for virtually everything else? All buildings are a part of history. So are cars, computers, clothes, comics, stamps, toys, bodies, and well, everything. There is a process to protect a historical building: Have it declared a historical building. Then it becomes much more difficult to destroy. Maybe we could make a similiar process for coins. If you have a coin that you want preserved for eternity, then have it slabbed in a special historical slab. But, seeing as coins are much different than structures, what would stop a person from breaking the coin out of the slab? In the meantime, I think economics is doing a good job at preserving the best specimens of history. For the most part, the only coins that are in danger of being melted down are those that are only worth their bullion value. If society placed a higher value on these coins, then they would be worth more than their melt value. In a way, the people are already voting on it, with their dollars.[/QUOTE]
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While silver is low, we should get a law passed.
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