What possible use would they have had for coin silver?
The U.S. Treasury loaned 16,300 tons of silver in 1942 to the Defense Plant Corporation. The silver was used to alleviate a critical shortage of copper, needed for war materials. In many cases it was cast into heavy bars known as “bus bars,” used to connect heavy electrical equipment. Were any of the 1883 “No Cents” nickels melted by the Mint? An unsubstantiated source said that “the greater portion” was never issued, implying they were melted. However, this source used a mintage of 2 million. The actual mintage was 5.4 million. This could mean that 3.4 million were never issued, but this is unsubstantiated. A couple of times I’ve been told that the copper-plated zinc cents can be dangerous if swallowed. Is this true or just a myth? The zinc core does pose a potential medical problem, but I have yet to hear of a serious illness from ingesting a zinc coin – at least as far as humans are concerned. There have been a number of reports of dogs becoming sick from swallowing a zinc coin. The
Related Questions
- Is the present supply of United States silver and gold coin sufficient for the purpose of bringing monetary freedom of choice to New Hampshire; or will the United States Treasury have to mint more?
- Is it possible to buy and store gold and silver offshore?
- What possible use would they have had for coin silver?
