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the silver joke - Page 2

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  1. #21
    Mechanic688's Avatar
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    Personally I wouldn't be talking about all the silver you have stashed, you have to remember all the "guests" we have here on a nightly basis.
    Never know who's reading your posts,,,,,

    P & M Recycling - Specializing in E-Waste Recycling.
    If you enjoy your freedom, thank a vet.

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  3. #22
    Copper Head started this thread.
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    Quote Originally Posted by Mechanic688 View Post
    Personally I wouldn't be talking about all the silver you have stashed, you have to remember all the "guests" we have here on a nightly basis.
    Never know who's reading your posts,,,,,
    I guess it's a good practice to keep ones mouth shut.
    I don't foresee having 500 or 1000 ounce non time soon , I gota believe there are bigger fish to fry then me.
    If a sinister individual feels I'm growing exponentially with silver, I hope there belief actually happens cause one of the hurdles I have is a good month then zilch for for a period of time .
    So who ever is reading this I aint fat yet .

  4. #23
    directrecycle's Avatar
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    here is a question for you.

    if i do happen to see sterling silverware at a yard sale what is the approx avg weight or dollar value on a spoon or fork at todays value

  5. #24
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    If you happen to come up with that $20k, here's a source for you: SELLING 90% SILVER Coins for Sale: 17.93 Times Face

  6. #25
    brandon's Avatar
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    Quote Originally Posted by directrecycle View Post
    here is a question for you.

    if i do happen to see sterling silverware at a yard sale what is the approx avg weight or dollar value on a spoon or fork at todays value
    I just weighed one of my sterling forks, it weighs 48 grams / 1.54 troy oz sterling / 1.42 oz .999 (pure) silver.
    Silver is at $21.82
    Spoons may weigh slightly more but don't count the knifes as only the handle is sterling and it is filled with plaster or cement.

    I would pay nowhere near $20 for a single fork or spoon, that's just me.
    My fortune cookie said:
    You discover treasures where others see nothing unusual.

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  8. #26
    directrecycle's Avatar
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    appreciate it Brandon. Having a rough idea of value helps if i wander across any

  9. #27
    brandon's Avatar
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    If you find complete sets they are worth much more, some patterns are worth a lot more than scrap value, some not all silver plate flatware in good condition is worth more than scrap.

  10. #28
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    Quote Originally Posted by brandon View Post
    Thrift stores and yard sales have been my best places to find silver, I have picked up silver jewelry, flatware, bowls and trays, all sterling for pennies on the dollar. I also got one .800 silver platter that weighed 670 grams for $8. That one platter contains just over 17 troy oz of pure silver.
    Wow, I'd like to learn how to identify some of that. Stopped in my local Thrift today and "silverware" was selling for 18 cents a piece.
    I imagine it would be stamped, or are some not?

  11. #29
    brandon's Avatar
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    Quote Originally Posted by Stangit View Post
    Wow, I'd like to learn how to identify some of that. Stopped in my local Thrift today and "silverware" was selling for 18 cents a piece.
    I imagine it would be stamped, or are some not?
    In a later post in this thread I told how to id some silver marks, there are others but the ones I listed are the most common.
    I am by far no expert, but I have educated myself on silver marks and makers.

  12. #30
    Copper Head started this thread.
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    Yesterday On table saying free i grabbed up a bunch of Pewter pieces , Pewter is mostly tin a decent value metal .

  13. #31
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    My local coin shop (F&J COINS) charges spot or 1$-2$ over spot.

  14. #32
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    From what I've been able to see, the market is flush with "paper silver" as people lose confidence in the contracts their holding. The loss of confidence has myriads of facets, not the least of which are: falling dollar strength, govt's seizing bank accounts and deposit boxes (past and present), major banks buying up physical PM's by the ton while pushing prices lower with their paper contracts, numerous failures to deliver on contracts by mines, govt's and firms, etc... If you can find it, keep it. The consumability of silver in industry will be a MAJOR factor in the near future.

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  16. #33
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    Sign up for the email alerts from APMEX. Sometimes they have great specials. I ordered Silver Eagles for $23.99 (on Wed before the big drop). Normally I wouldn't pay the extra for Eagles and would just buy silver rounds, but with the special price, the Eagles were actually cheaper than the cheapest rounds.

  17. #34
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    silver has been taking a hit the last couple of weeks it is becoming a buyers market.
    There ain't nothing wrong with an honest days work. Anyone who says otherwise is a fool.- Old Man

  18. #35
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    Quote Originally Posted by brandon View Post
    Thrift stores and yard sales have been my best places to find silver, I have picked up silver jewelry, flatware, bowls and trays, all sterling for pennies on the dollar. I also got one .800 silver platter that weighed 670 grams for $8. That one platter contains just over 17 troy oz of pure silver.

    that's awesome find, there are yardsale pro's out there doing just that.. problem is I cant tell difference between silver and other metals that look like it..

  19. #36
    brandon's Avatar
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    Quote Originally Posted by TheRecycleGuy View Post
    that's awesome find, there are yardsale pro's out there doing just that.. problem is I cant tell difference between silver and other metals that look like it..
    Look at post #6, I gave some tips on what to look for.

  20. #37
    jghilino's Avatar
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    copper head, silver and copper is at 3 year lows, time to buy or wait for prices to go lower? silver at $20 and copper at $3
    I buy and sell all types of scrap and escrap. I buy specialty and hard to sell escrap. I buy resale items. PM me or contact me at jghilino@hotmail.com
    I AM ACTIVELY BUYING ESCRAP OF ALL TYPES. BOARDS, RAM, CPUS AND MUCH MORE

  21. #38
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    with today's price being $18.90 per ounce, do you think $22.10 an ounce is a good buy price?
    never really bought precious metals as an investment but I'm not opposed to picking up a few ounces here and there as part of my long term retirement plan. Found a place where I can buy as much as I want at this price ($3.20 above spot) and was just not sure if that margin was right or too high. They have 1oz, 5oz, and 10oz bars at that price right now. I appreciate any input from all you wiser than I in the ways of commodities...
    ~You have to start somewhere to get anywhere~

  22. #39
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    I am still not a buyer at this price. Last go around, I was a buyer from 7 up until 12. Then I started selling at 15 up to about 30 before it was all gone. I had a lot of it as well. I won't be a buyer until it gets back to 10 or so.

    Just wish that I would have saved a portion "just to save it" from when I had bought it.

    Buying on the way down is not the way to buy it when it looks like it will keep going down. People are talking $700 gold which will throw silver back to around $10 to $12 or less. It all depends on what happens in the coming months.

    If it stabilizes then e-scrap will stay strong, if not then I will become a buyer. I can be happy either way, but want the prices to stay high.

    My kingdom for a crystal ball.

    Cost averaging of course is a good thing to do and if you bought high, then by all means grab some on the way down little by little.

    But paying that much over spot is crazy in my opinion. I would find a local coin dealer that operates on 10% in both directions. Not been in touch with that market in the last couple years, but when I had a bunch of it, my small time coin dealer was operating on those margins.

    On edit, I prefer to deal with the local coin dealer for 2 reasons. 1, because I always prefer to deal as local as possible. 2, because coins are easier spent if the stuff really hits the fan. A full ounce silver round is nice, but a U.S. minted 90% silver dime has the advantage of not having to make change in that situation.

    When I do start buying again, it will be U.S. 90% dimes.
    "64K should be enough for anybody." - Bill Gates 1981
    http://www.treasurecoastelectronicrecycling.com/

  23. #40
    auminer's Avatar
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    Quote Originally Posted by parrothead View Post
    Buying on the way down is not the way to buy it ...... I would find a local coin dealer that operates on 10% in both directions. ......When I do start buying again, it will be U.S. 90% dimes.
    Probably the best three sentences in this thread on this subject. Great post.
    Out of clutter, find simplicity. --Albert Einstein


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