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Is it illegal to melt down silver eagles?
no
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.
What is the melt down value of a silver dollar?
As of today $14.00 is current MV for US silver dollars
Is it illegal to melt silver that is not coins?
No it's not illegal to do this.
How much for 820 silver half dollars?
The silver melt value of 820 US half dollars is $10,113.74. The silver melt value of 820 1965-70 US half dollars is only $4,135.40.
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 is the value of a 1951 Canadian Dime?
In US dollars it has a melt value of $1.37. It is illegal to melt these coins for the metal they contain.
Value of silver kennedy half dollars?
Without a date and mintmark it is impossible to tell. The current silver melt value for 1964 90% silver half dollars is $12.34. The melt value for half dollars made between 1965-70 is $5.04. These are 40% silver. See the related links below for more information.
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.
What is the melt value of peace dollars?
If silver is at a spot price of $37.90 per oz a peace dollar would have a melt value of $29.32.
