To: Red Badger
These people are idiots. The silver is still silver no matter what shape it is, a teapot or a bar.I don't get your comment. From the article, it appears they are converting their silver to cash.
18 posted on
05/04/2011 7:09:52 AM PDT by
CharacterCounts
(November 4, 2008 - the day America drank the Kool-Aid)
To: CharacterCounts
Yes, they are converting to cash that will go down in value.
The silver remains valuable no matter what shape it occupies.
Plus there’s the intrinsic value of the antique itself that will stay relatively high for a long time. They are destroying value in that respect...........
21 posted on
05/04/2011 7:30:51 AM PDT by
Red Badger
(Mitt Romney: The Harold Stassen of the 21st century........)
To: CharacterCounts
From the article, it appears they are converting their silver to cash.
I think the assumption is that they could have sold the antiques to buyers (such as on eBay) that would have put a premium on their antique and functional value, and more than the smelter would pay.
22 posted on
05/04/2011 7:36:52 AM PDT by
Atlas Sneezed
(...a.k.a. "Norm L. C. Bias")
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