Does Anyone Melt Down US 90%?

[Taylor3006]

Curious if anyone here melts down US 90% coins for bars or rounds. I have some slicks that are really bad and interested in selling to someone who won't try and sell them as coins to some schmuck. I got most of them in a $1000 face bag from my LCS (I wasn't happy) and one particular dollar coin I found while metal detecting a creek and you can just barely make out it is a dollar coin. Don't wish to sell back to LCS or on eBay, I just know they will screw over someone else. Would like to see someone trustworthy melt them down. I have 4 or 5 dollar coins, some quarters and dimes and am looking to sell at actual weight for melt value.

[Engineer]

If you send them to scrapman1077, he'll send back shiny new .999 rounds.

http://realcent.org/viewtopic.php?f=30&t=10821

Other than that, MarketHarmony or one of the other refiners would be your best bet.

[Taylor3006]

Thanks Engineer for that link! That looks like a great plan to me

[Robarons]

I can 90% being melted down when its reasonable and prudent to do so relative to premiums to other forms of silver

There is a lot of Sterling and other scrap now that covers the need for silver and 90% seems to command a premium in its current form relative to spot anyways

But a natural increase in .999 Silver Premiums or a demand of silver as a whole (think $50 Silver) may trigger melting again

I wouldnt be surprised if a psychological factor kicks in, right now 90% is commanded for its security and non-being made any more status but in 2 years applications may require 999 Silver therefore making it the superior choice, like in the 1980's where 90% could take days to e bought/refined where 999 would be bought so much easier