Scrap or Flip?

[DrDave]

Hi.

I recieved a batch of assorted Maples this week, and among them were a couple with tarnishing and milk spots.

Would you keep it in your scrap stack or sell on?

Thanks in advance

 

 

Edited July 29, 2022 by DrDave

[James32]

Depends on price paid.. silver is silver and if you got them cheap, keep!

If you paid the going rate £23 per oz or more the stick them in a separate pile and keep until they appear cheap for the next buyer ( likely someone looking to melt them)

Don't store naked with other clean silver items, no matter what you decide. 

Finally, they can be cleaned at-home, check YouTube for baking soda videos or even silver polish ( ⚠️ ⚠️ never try cleaning a numismatic coin/proof etc)

[DrDave]

1 minute ago, James32 said:

Depends on price paid.. silver is silver and if you got them cheap, keep!

If you paid the going rate £23 per oz or more the stick them in a separate pile and keep until they appear cheap for the next buyer ( likely someone looking to melt them)

Don't store naked with other clean silver items, no matter what you decide. 

Finally, they can be cleaned at-home, check YouTube for baking soda videos or even silver polish ( ⚠️ ⚠️ never try cleaning a numismatic coin/proof etc)

Ah thats interesting!

I'll give a go cleaning this weekend, after all, its not going to devalue by much!

Many thank

DD

[Scootermuppet]

And again, the Magic Silver Forum provides...  😁

 

You're welcome 🙂

[DrDave]

28 minutes ago, Scootermuppet said:

And again, the Magic Silver Forum provides...  😁

 

You're welcome 🙂

Thats very useful. I think i have some bicarb somewhere

Thank you

 

[Scootermuppet]

No problem, I have a few 1oz Silver Brits that have similar issues, so will be bringing them up to scratch soon too. 👍

[LawrenceChard]

3 hours ago, DrDave said:

Hi.

I recieved a batch of assorted Maples this week, and among them were a couple with tarnishing and milk spots.

Would you keep it in your scrap stack or sell on?

Thanks in advance

 

Definitely don't scrap, although I do know a Blackpool bullion dealer who would give a good scrap price!

Probably don't bother "cleaning" (removing tarnish) them either. It takes time, it is not permanent, and will always tone / tarnish again eventually.

To the best of my knowledge, tarnish removal, such as silver dipping, removes slight amount of silver each time.

As a challenge to any and all TSF members, find a junk silver coin, weigh it precisely, then silver dip it for a lengthy time, perhaps several days, weeks or longer. Check it periodically to see how it looks, and re-weigh it.

You never know, @DrDave might want to take a photographic record of this experiment.

😎

1 hour ago, Scootermuppet said:

No problem, I have a few 1oz Silver Brits that have similar issues, so will be bringing them up to scratch soon too. 👍

When you say "up to scratch", do you mean (Royal) Mint condition?

😎

[sixgun]

3 hours ago, DrDave said:

Hi.

I recieved a batch of assorted Maples this week, and among them were a couple with tarnishing and milk spots.

Would you keep it in your scrap stack or sell on?

i see some tarnish - where's the milk spot?
You could use some silver dip but for me i would just keep them and love them.

[Scootermuppet]

13 minutes ago, LawrenceChard said:

<snip>...

When you say "up to scratch", do you mean (Royal) Mint condition?

😎

Royal Mint Final Finish department be like...

[DrDave]

14 minutes ago, sixgun said:

i see some tarnish - where's the milk spot?
You could use some silver dip but for me i would just keep them and love them.

A couple of the others had the milk spots........... well, when i say 'spots' its more like terminal acne 🥸

Edited July 29, 2022 by DrDave

[Bigmarc]

Put it in the first to be sold pile for when you decide to cash some in.

[DrDave]

33 minutes ago, LawrenceChard said:

 

Probably don't bother "cleaning" (removing tarnish) them either. It takes time, it is not permanent, and will always tone / tarnish again eventually.

 

 

When you say 'not permanent', will it stay silver for longer than 1st class post delivery? Asking for a friend 😎

[James32]

37 minutes ago, LawrenceChard said:

Definitely don't scrap, although I do know a Blackpool bullion dealer who would give a good scrap price!

Probably don't bother "cleaning" (removing tarnish) them either. It takes time, it is not permanent, and will always tone / tarnish again eventually.

To the best of my knowledge, tarnish removal, such as silver dipping, removes slight amount of silver each time.

As a challenge to any and all TSF members, find a junk silver coin, weigh it precisely, then silver dip it for a lengthy time, perhaps several days, weeks or longer. Check it periodically to see how it looks, and re-weigh it.

You never know, @DrDave might want to take a photographic record of this experiment.

😎

When you say "up to scratch", do you mean (Royal) Mint condition?

😎

I once put a 1oz gold coin into a flask of sulphuric acid to remove finger prints and a copper spot.. I left it in for 2 days to be thorough,  its now a bloody sovereign 😁

[watchesandwhisky]

I prefer the tarnished look! 

[LawrenceChard]

34 minutes ago, James32 said:

I once put a 1oz gold coin into a flask of sulphuric acid to remove finger prints and a copper spot.. I left it in for 2 days to be thorough,  its now a bloody sovereign 😁

I hope it was a 1969 Krugerrand, because a 1969 sovereign would be extremely valuable!

😎

Edited July 29, 2022 by LawrenceChard

[James32]

Just now, LawrenceChard said:

I hope it was a 1969 Krugerrand, because a 1969 sovereign waouls be extremely valuable!

😎

All my sovereigns are 1969s 😁 

I bought a full tube from a very honest ebay seller, the condition is unbelievable for the age. 

[LawrenceChard]

6 minutes ago, James32 said:

All my sovereigns are 1969s 😁 

very honest ebay seller

I love oxymorons!

😎

[SidS]

On 29/07/2022 at 18:54, James32 said:

All my sovereigns are 1969s 😁 

I bought a full tube from a very honest ebay seller, the condition is unbelievable for the age. 

Any of those 1969s got either S,M mintmarks? 😁

[Scootermuppet]

Seems to be a ‘sad but true’ fact that Shiny sells - especially on the ‘Bay…

To me, bullion means marks / toning / tarnish etc - nature of the metal (Silver in this case) but having looked though many ‘sold’ auctions on eBay it would appear that buyers expect gleaming Silver bullion - even older full tubes from several years ago!

Horses for courses I guess, if I should sell my Britannias in small quantities on eBay I’ll make sure they are shiny before I photograph them, but if I sold a whole tube on here, I’d probably just show ‘as-is’ as I don’t think a few marks would affect the price to those in the know… ? Or am I wrong…? 🤔