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Is it legal to melt down 1964 Kennedy 50 cents coins for scrap silver?
Yes, it is legal to melt down silver coins for scrap. Many coin dealers and jewelry stores will buy them from you at melt prices along with refiners. The only coins illegal currently to melt down in the US are pennies and nickels. Silver coins were illegal to melt down before a lot of copper-nickel coinage was circulating but it is legal now.
Is it illegal to melt silver that is not coins?
No it's not illegal to do this.
Is it illegal to melt down us silver dollars?
It would most likely, at the very least, be considered defacing/destruction of Government Property.
Where can you melt down coins?
In most countries, melting down of legal tender is illegal.
Is it legal to melt down US coins?
In the US, it is illegal to melt down nickels ( and technically half dimes, but the collector value of half dimes exceed their melt value) and pennies. All other denominations can be melted, though, in the current market, the only legal to melt coins that would bring a profit if melted down would be the silver coins which can easily be resold on the open market for a higher profit just selling the coins to investors than paying someone to refine the silver.
Can you melt silver quarters?
Yes, it is possible to melt silver quarters. Silver quarters are typically made of 90% silver and 10% copper, so melting them down can separate the silver from the other metals. However, keep in mind that altering currency in this way may be illegal in some jurisdictions.
Can you melt down 925 sterling and get 999 silver?
Yes, you can melt down 925 sterling silver and refine it to reach a higher purity level, such as 999 silver. This process involves melting down the sterling silver, removing impurities through processes like cupellation or electrolysis, and then casting the silver into its desired form.
Who melts down pre 82yr pennies?
Nobody. It's illegal to melt down Lincoln cents.
What is the melt down value of a silver dollar?
As of today $14.00 is current MV for US silver dollars
What is the melt value of silver quarters?
Currently about $5. This price will change as the price of silver goes up or down.
What is the melt value of Canadian coins?
In US dollars it has a melt value of $1.37. It is illegal to melt these coins for the metal they contain.
What tepreature do pennies melt at and what do you use to melt them?
First of all, it is illegal to melt down any U.S. currency. However, if the penny is fully copper, which most are not anymore, you will need a device that gets up to 2000 degrees F to melt it down.
