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<p>[QUOTE="coinman1234, post: 2127411, member: 51208"]For a U.S. Quarter to be worth exactly silver value (give or take a couple fractions of a cent) it would need to be around 8% silver. The mint would most likely play it safe due to price changes and hoarding and do the coins of 4% silver. A quarter made of 4% silver would have a melt value of 12 cents, that is the equivalent of half the amount of copper that is in a 90% silver coin. I think it would be a bad idea that would not get used for many reasons. Reason one, I do not think the mint would think it would be worth doing coins with just a tiny percent of silver, it would probably not be worthwhile for just a tiny bit of silver. Reason two, Silver coins would probably be extensively hoarded due to metal and create a coin shortage. People would keep the coins due to the silver content in hopes the face value will exceed the silver value. Reason three, silver is very volatile. In the past five years silver has changed it's value extensively. Who's to say that if coins are made of silver the melt value will soon be way above the face value. Anyways, In my opinion putting silver in circulating coins would be a bad idea.[/QUOTE]</p><p><br /></p>
[QUOTE="coinman1234, post: 2127411, member: 51208"]For a U.S. Quarter to be worth exactly silver value (give or take a couple fractions of a cent) it would need to be around 8% silver. The mint would most likely play it safe due to price changes and hoarding and do the coins of 4% silver. A quarter made of 4% silver would have a melt value of 12 cents, that is the equivalent of half the amount of copper that is in a 90% silver coin. I think it would be a bad idea that would not get used for many reasons. Reason one, I do not think the mint would think it would be worth doing coins with just a tiny percent of silver, it would probably not be worthwhile for just a tiny bit of silver. Reason two, Silver coins would probably be extensively hoarded due to metal and create a coin shortage. People would keep the coins due to the silver content in hopes the face value will exceed the silver value. Reason three, silver is very volatile. In the past five years silver has changed it's value extensively. Who's to say that if coins are made of silver the melt value will soon be way above the face value. Anyways, In my opinion putting silver in circulating coins would be a bad idea.[/QUOTE]
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