Hi. Is the Mint going to continue to use 999 silver in all there silver products. Or is this just for this year? Remember the price of items will go up. And they do come out with allot of silver items. Just curious. What's your opinion.?8 months ago
Will the Mint Continue To Use The Pure Silver?
Good question. I think they stated they plan on keeping it like this. Boy they just keep putting out more and more silver. Now a "new" S mint mark Silver eagle. Make it stop...8 months ago
This will be a mainstay now. It makes sense, since It keeps the dies working almost 3x longer as the 90/10 mixture, reduces the scrap, and lowers the cleaning time to about 4x less downtime.
Plus, from a marketing perspective, pure silver is much easier to sell to the growing world markets.
I was somewhat surprised when they had. With the price of silver holding steady for as many years the issue price from the previous year had not increased as much as I thought it would. Which is the question I've had since then. I do, however, see the .999 being a permanent composition barring and explosive rise of the metal.
I believe your right. Here to stay until they screw it up. Give them time. A ten year period and compare it to the previous ten.. We will see then.1 month ago