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Melting your scrap to make hallmarked silver bars/coins?


Silverman2U

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Hi all,

Can people give me there thoughts on this, specifically what is it? A friend of mine told me he was looking to take his scrap to a place in Hatton gardens they would melt it down into a coin or bar then hall mark it. 

I know @BackyardBullion may do this he is the real deal and goes through a lot of effort to produce pieces and get them hallmarked.
 

Given prices at this place (listed below) are only around £20-30 I thought this to be odd for the detail required in this process? How do they verify the quality of the metals you provide? It does seem much to charge for the effort? Is this legit?

link below.. 

All our Services - GerrardsBullion, Precious Metals Dealer in London

https://www.gerrardsbullion.com/services/

Many thanks. 
Silverman2U

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They say they use a verified lab for the assay but in any case i've bought from Gerrards in the past with absolutely no issues, if they wern't legit they would soon go under, just like a french deisel/electric submarine contract .....😂

It does not matter how slowly you go so long as you do not stop.

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When you buy from an artisan silver pourer the materials costs, business costs, time and intellectual concept are all factored in to the price. As these guys are taking your metal and forming it into simple bars or similar there's less involved costs-wise. That said this is a very good price for the service provided especially if it's hallmarked... If I had a stash of scrap that I wanted made into something more storable I would certainly be calling these guys.

Nice find op.

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i have sent BYB 'scrap' 999 silver coins/rounds in the past for him to make whatever it was i was ordering from him. This is one of 2 hearts i ordered from him.

 

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A tyranny relies on propaganda and force. Once the propaganda fails all that's left is force.

COVID-19 is a cover story for the collapsing economy. Green Energy isn't Green and it isn't Renewable.

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