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If silver goes to 40 dollars/oz

BearBear Posts: 18,953 ✭✭✭
in Precious Metals
I am thinking about melting down all of my MS-64 CBH

and Gem seated Liberty Halves for the silver content.

What do you think? image
There once was a place called
Camelotimage

Comments

  • CladiatorCladiator Posts: 18,041 ✭✭✭✭✭
    Melt down a tripple or quadruple digit value coin for less than $20 each worth of silver? Makes sense to me. image
  • coynclectercoynclecter Posts: 2,111
    You cant melt down high grade coins like that.



    Take them out of the plastic and scratch them up first.
  • ProofCollectionProofCollection Posts: 6,126 ✭✭✭✭✭
    Why would you melt anything where you already knew the exact silver content, purity, and weight?
  • DoubleEagle59DoubleEagle59 Posts: 8,309 ✭✭✭✭✭
    I wouldn't melt them, I'd dip them first and get them nice and shiney.
    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • PerryHallPerryHall Posts: 46,121 ✭✭✭✭✭


    << <i>I am thinking about melting down all of my MS-64 CBH

    and Gem seated Liberty Halves for the silver content.

    What do you think? image >>



    Why wait? I'll give you $40 per ounce right now and I'll even pay for postage.image




    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • Coll3ctorColl3ctor Posts: 3,334 ✭✭✭


    << <i>You cant melt down high grade coins like that.



    Take them out of the plastic and scratch them up first. >>







    image
  • jmski52jmski52 Posts: 22,838 ✭✭✭✭✭
    Bear, I think that you could realistically hold out for $80/oz. before melthing your MS-64 CBH!!image
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
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