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Originally posted by 1BornPatriot
reply to post by dizziedame
if you have 50 lbs of silver - you dont put the silver weight but the face value of the coins.
Originally posted by tauristercus
Errrr ... I thought it was obvious "why gold and silver coins are worth more than their face value".
Because of their gold or silver content which gives them a value in excess of just their face value alone.edit on 18/9/12 by tauristercus because: (no reason given)
Originally posted by Mythkiller
reply to post by tauristercus
it's quite simple really ...a 1 ounce silver coin has a silver content value of $34 dollars but the vlaue printed on the coin may only be $1 - that being the numismatic value of the coin, So even though the coin has a silver content of $34 dollars when going into a foreign country they only take into account that numesmatic value - that being 1 dollar.
Hope that helps.