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<p>[QUOTE=&quot;medoraman, post: 1717554, member: 26302&quot;]That is not quite true. Many coins DO physically get melted. Its a matter of cash flow. Smelters pay quickly, and have no issues with large amounts. If a dealer buys $150k worth of gold coins, many times he has no choice but to turn them quickly and take his profit. If no dealer or customer stpes up, he has no choice but to send them to the smelter. Heck, I read of a dealer 30 years ago who sent a few hundred thousand BU morgans to the smelter since there simply was not enough demand to move so many bags of morgans in a reasonable period of time.</p><p><br /></p><p>So, coins do get melted. Oh well, it frees up enough PM to make more new issues. Que sera.[/QUOTE]</p><p><br /></p>

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