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Re: With current spot prices, is pre 33 gold at risk of being melted?
Because a DE is a tiny fraction of all the gold in the world AND it's a tiny fraction of all the gold that is being mined today. Even a Roosevelt dime is a large fraction of all the available silver today and mines are falling ever further behind the demand. -
Re: With current spot prices, is pre 33 gold at risk of being melted?
I'll bet there are a lot of people thinking that everything is going up, that what they have is going up as much as gold is; but as usual when the precious metals prices rise the premiums fall. I assume that cac is not making a market in coins they approve now as they used to do, but when they did the increases made a lot… -
Re: With current spot prices, is pre 33 gold at risk of being melted?
The only problem with that is, will the $2,300 and higher price for gold hold up in the long run? If it doesn't, the whole idea falls like a house of cards. I have seen brief periods, many years ago, when circulated pre-1933 U.S. gold coins sold for less than melt. That was usually a sign that bullion was posed to take a…
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