Realcent.org

Base Metal & Precious Metals Forum

Skip to content

LCS guy in FL melting slabbed MS pre-33 coins?

This forum is for discussing hunting and collecting US and Canadian circulation Silver Bullion Coins, other types of minted bullion, and other types of precious and base metal investments other than Bullion Pennies and Nickels.

Please Note: These articles are to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it.
Post a reply

LCS guy in FL melting slabbed MS pre-33 coins?

Postby Cu Penny Hoarder » Fri Aug 30, 2024 12:27 pm

Cracking open slabbed, MS, pre-33 gold coins and melting them? :shock: :o

He claims to be doing just that in this video recorded today...

https://www.youtube.com/watch?v=Qt9PpqCXYdE
Time is precious, stop wasting it.
Cu Penny Hoarder
Post Hoarder
 
Posts: 2415
Joined: Tue Sep 06, 2011 8:44 pm
Top

Re: LCS guy in FL melting slabbed MS pre-33 coins?

Postby Morsecode » Fri Aug 30, 2024 1:23 pm

The idea that there is no market for pre-33 gold is absurd on it's face. Dude is just putting that out there to facilitate buying it at melt from weak hands who watch his channel.

Apmex, JM, SD...they are getting crazy premium to melt prices and they can't keep the stuff in stock.

The rest of the video was pretty good though.
From hence ye beauties undeceived, know one false step is ne'er retrieved
and be with caution bold.
Not all that tempts your wandering eyes and heedless hearts is lawful prize,
nor all that glistens gold.
- Thomas Gray, 1747
User avatar
Morsecode
Too Busy Posting to Hoard Anything Else
 
Posts: 4211
Joined: Thu Feb 10, 2011 10:04 pm
Location: Southern New England
Top

Re: LCS guy in FL melting slabbed MS pre-33 coins?

Postby Cu Penny Hoarder » Fri Aug 30, 2024 2:45 pm

Morsecode wrote:The idea that there is no market for pre-33 gold is absurd on it's face. Dude is just putting that out there to facilitate buying it at melt from weak hands who watch his channel.

Apmex, JM, SD...they are getting crazy premium to melt prices and they can't keep the stuff in stock.

The rest of the video was pretty good though.


I agree. Could be. He also says he prefers to buy only slabbed pre-33s.

I never heard of anyone (in recent times) cracking open MS61/62 pre-33 slabs and sending them to a refiner/smelter.
Time is precious, stop wasting it.
Cu Penny Hoarder
Post Hoarder
 
Posts: 2415
Joined: Tue Sep 06, 2011 8:44 pm
Top
Post a reply

Return to Silver Bullion, Gold, & other Bullion Metals

Who is online

Users browsing this forum: No registered users and 54 guests

Powered by phpBB © 2000, 2002, 2005, 2007 phpBB Group