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dimodae
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Posts posted by dimodae
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57 minutes ago, HighlandTiger said:
Why bother with paying a premium on 0.500 junk silver coins, when you can buy hallmarked sterling silver 0.925 flatware for less than spot on eBay.
50% junk silver coin lots are sold 1~5% below spot on ebay. So its not a bad option. Sterling and 500 have same melt fee and handling fee. (I know.. weird.. but checked throug various sources)
But like u said, getting sterling on ebay for Below spot is good idea too. But with junk silver coins u can play with them. Or maybe start cherry picking to differentiate better conditioned ones. I say 500 british silver coins ate probablt most cost efficient and FUN way of stackig silver.
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My silver coins 6% below spot are all sold. Sorry man.
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On 30/03/2018 at 09:36, Silverclown said:
What’s the process of melting down scrap silver if it’s 50% silver when you want to sell it?
I was wondering about that too. apparently the best price can be found in HERE instead of local scrappers.
They will charge same fee(10~20%) for pure silver, 80%, 92.5% 50% whatever.
So my conclusion is stacking 50% silver is probably most BORING but MOST ECONOMICAL way of stacking.
That being said a little bit of my 50% are on sale for 5% below spot ^^*.
Buying junk silver in the UK?
in Silver
Posted
I used to look for local silver melters to sell for better price. But check out internet "we buy silver" places. They will probably pay about
18~19p per gram for your 50% silver coins (because they are 50%, but the 99.9% they will pay double that.. so.. same price)
I don't recommend u go to local silver buyers. Just sell here. You can get highest price here. With -10%, they will jump in. I would too
if I am not moving soon.