USA HISTORY

SETTLING NORTH AMERICA 1497 1732

THE MIDDLE COLONIES NEW YORK DELAWARE NEW JERSEY PENNSYLVANIA

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Silversmiths’ melted silver coins to make silver cups, spoons, and ____
A
plates
B
belts
C
spurs
D
None of the above
Explanation: 

Detailed explanation-1: -Melting them down would be a waste of money. For example, a 1922 Peace dollar in fantastic condition can sell for around $50, while its melt value is just $18.

Detailed explanation-2: -Gold and silver coins follow the same legal pattern as pennies and nickels. It is illegal to sell the melted-down metal for profit, but coin pressing and creative endeavors such as jewelry making are legal.

Detailed explanation-3: -Melting Crucible is mostly used for melting precious metals, such as Gold, Silver, Bronze, Copper, Brass and more.

There is 1 question to complete.