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Who is Buying all the melted silver and gold?
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<p>[QUOTE="medoraman, post: 1717956, member: 26302"]You would think so, but I know for a fact a dealer very recently bought a number of British proof gold sets. No one but a refiner was quick enough with money for his needs, so most went to the refiner. Cash sometimes trumps desire to keep coins unmelted. You would think morgans are almost liquid as cash, and they would be to an EXTENT, but have 300,000 of the same date/mm, and there is a limit as to how quickly you can move them.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1717956, member: 26302"]You would think so, but I know for a fact a dealer very recently bought a number of British proof gold sets. No one but a refiner was quick enough with money for his needs, so most went to the refiner. Cash sometimes trumps desire to keep coins unmelted. You would think morgans are almost liquid as cash, and they would be to an EXTENT, but have 300,000 of the same date/mm, and there is a limit as to how quickly you can move them.[/QUOTE]
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