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Silver Bars vs 90%/ASE question

perkdogperkdog Posts: 30,589 ✭✭✭✭✭
in Precious Metals
I am under the assumption that its illegal to melt any USA coin issued past and present, so where does the value of 90% and Silver Eagles come in to play if in fact it cant be melted for its Silver content? Name Brand Silver Bars from Private Companies can be melted so I can understand the value there....

Follow me? Just another noob question I know but am very curious



Comments

  • nibannynibanny Posts: 2,761 ✭
    It is illegal to melt only the cents and the nickels. It is also illegal to export them.

    Silver coins get melted regularly.

    MM
    The member formerly known as Ciccio / Posts: 1453 / Joined: Apr 2009
  • perkdogperkdog Posts: 30,589 ✭✭✭✭✭


    << <i>It is illegal to melt only the cents and the nickels. It is also illegal to export them.

    Silver coins get melted regularly.

    MM >>




    Ok I just learned something new!

    Thanks
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