What's the Lowest Premium way to stack Silver coins, with high silver content (0.8 and above)?

[Divmad]

Pre-1947 coins can be bought around spot + 1-5%, but .925 pre-1920 around 30%+ in good condition. Not so familiar with overseas silver coins in high grade condition (except France 50Fr Hercules, which have high premiums).

Trying to trade off premiums against higher silver content.

[stackerp5]

Hi Divmad, check out @sellerstacker, who's got some pre1920 scrap coins on sale always at reasonable prices  

[arphethean]

It is possible to get 925 silver at spot. 

Usually flatware, cutlery etc. 

I have a sale up for 925 spoons at spot.

[sellerstacker]

On 06/03/2022 at 21:01, stackerp5 said:

Hi Divmad, check out @sellerstacker, who's got some pre1920 scrap coins on sale always at reasonable prices  

Thanks for the mention @stackerp5. I have some pre 1920 coins in scrap grade as there will be some holed, bent and worn coins. Below is an example of what you can expect. @stackerp5has had about 10 kgs (maybe more) from me in the past. There are others too let me know if you require more references.

Like @arphetheansays spoons and cutlery are a good way to cheaply build-up high grade silver. Problem is storage and it is not easy to sell easily unless the cutlery is of exceptional quality, which is why the vast majority of my cutlery and other sterling generally goes to the pot; only the best stays and even this is only sold for 2 or 3% over spot price. Coins are good and easy to sell too but this is why there is a premium attached to them. Also, some find the coins very collectable too. These buyers buy in big lots to see if there are any scarce dates or varieties that could be sold for a premium.

 

Edited March 8, 2022 by sellerstacker