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Is it legal to melt ASE's or AGE's ?
1630Boston
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Is it legal to melt Modern Silver/Gold American Eagles ?
Just wondering 
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Absolutely...
Is a GSE anything like a AGE?
Worry is the interest you pay on a debt you may not owe.
I'll let you know when I find my glasses
Thanks
Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb
Bad transactions with : nobody to date
Why would you want to ?
Cents and nickels though are endangered and protected.
Why not! They are considered bullion coins.....Thousand were melted during the last gold run -up 2010-2012, along with first spouse 1/2 oz gold coins. Just ask any bullion dealer. Those were the good ole days.
because as an investment they are more desirable in their original state than they are in a block of unknown quality gold.
Give Me Liberty or Give Me Debt
derryb.....The question was: "Is it legal to melt Modern Silver/Gold American Eagles?"
and there is only one answer...YES
It's a waste of energy.
And the follow up question of "why would you want to?" was answered with "why not." I simply provided a logical reason for "why not."
Give Me Liberty or Give Me Debt
I would not consider melting my AGE's or ASE's.... far more 'liquid' in coin form... Cheers, RickO
I could see a jeweler or a small manufacturer of custom made jewelry or some other artisan using coins that are only worth close to melt as a readily available source of gold and silver. Otherwise, melting coins just to make a bar of metal doesn't make financial sense.
Worry is the interest you pay on a debt you may not owe.
It does and it did for a lot of the "bullion" ASEs, AGE's & first spouse gold coins, those that had tripled or quadrupled in value over a short period of time during the run up ending in 2011-2012. It was more profitable to sell them to refiners directly instead of marketing them. The margin over bullion value for those coins was just to slim. I'm not talking about the Proof or Mint Marked coins, except for the first spouse fiasco.