Anybody here melt the coins?

[Darth Walker]

Has any body here melted the silver halves?

DA

 

[Emperor Findus Cladius]

Only one I know of who melts them is jewelerdave.

 

[Diver_Down]

I wouldn't think it would be worth your time. By melting, you are eliminating the numismatic value.

 

[mistergee]

my understanding is it is an expensive process and wouldn't be worth it unless you have lots and lots of silver to melt....JewelerDave can give you more info

 

[packfan_1982]

You also have a known quantity of silver when it is in coin form. Unless you are certified to stamp that brick 999 fine there isn't a good way to prove how much silver you have.

 

[Emperor Findus Cladius]

Realistically speaking though, you have an approximate amount with the coin count. The amount stated in the books is for uncirculated specimens, it does not take into account wear. For a few coins, it is not a big deal. A couple of thousand though, and it could make a difference. I have better than 2000 40%, and a few of those are pretty worn and a couple also have holes, so those could also make a small difference.

 

[65gt350]

Has any body here melted the silver halves?

DA

I don't think many people here have the equipment to smelt coins themselves. I believe that a few people have sold their coins directly to a smelter/refiner and a few more people have sold their coins to a dealer who then sold them to a refiner. If you care to expand on your question you might get a better answer.

HH,
65GT350

 

[treasurefiend]

Sure for the fun of it.

 

[OmegaMan]

I tried once but the match burnt my finger. NEVER AGAIN!

 

[jim4silver]

Has any body here melted the silver halves?

DA

Would not be a smart move financially. First, dealers are selling junk silver for premiums that go way over spot right now. They are not sending these coins to a smelter where they get less than spot. I think it will be this way for a long time with the current silver market.

If a person wants to melt the coins on their own they are taking a well-recognized and popular, high in demand item and creating a silver product of unknown or possibly questionable purity and weight (unless done by a refiner with a recognizable hallmark). Even if the product is made correctly as far as weight and purity, how many silver investors are gonna jump at the chance to buy what you made? Some day you may want to sell it or need the money.

Jim

 

[fistfulladirt]

Has any body here melted the silver halves?

DA

Would not be a smart move financially. First, dealers are selling junk silver for premiums that go way over spot right now. They are not sending these coins to a smelter where they get less than spot. I think it will be this way for a long time with the current silver market.

If a person wants to melt the coins on their own they are taking a well-recognized and popular, high in demand item and creating a silver product of unknown or possibly questionable purity and weight (unless done by a refiner with a recognizable hallmark). Even if the product is made correctly as far as weight and purity, how many silver investors are gonna jump at the chance to buy what you made? Some day you may want to sell it or need the money.

Jim

Yeah, in other words, melt 'em on your own and turn something with some value into something virtually worthless!

 

[MUD(S.W.A.T)]

This is a sin and should not be done...

Don't ever melt your coins or send them to be melted.

Bad, bad, bad...

Keep @ it and HH!!

 

[hit80s]

I have made double sided coin rings

 

[fistfulladirt]

I have made double sided coin rings

Coin rings are cool, I'd like to try that sometime!

 

[golden silver]

I dont think it would be profitable unless you had connections like Jeweler dave. I think he gets a great deal on smelting and then ofcourse turns the silver into jewelry which can sell at a good premium over spot. I hate to see old coins get melted. I would like the history to always be around ya know.

Golden Silver

 

[Reverend B*IKE*]

I have made double sided coin rings

Not to hi-jack this thread but IT would be cool to see some pictures!! Perhaps start a new thread with how you went about it pure trial and error or had a method?
thx