Is there a market for Sterling Bars?

[DebtFreeMe]

Is there a market for Sterling Silver .925 bars or coins from a private mint? Just curious, I see a lot of opportunities around where I am to pick up some sterling kinda cheap and was wondering about getting it made in to bars... But I want to make sure I could sell it when/if the time comes.

[wpd7]

Send it to Market Harmony and turn it to 999.

[RGJohn]

Sterling is not popular for some reason that nobody seems to understand. But I can tell you that it is relatively hard to sell. scrapman1077 will turn it into .999 silver rounds for you.

[DebtFreeMe]

RGJohn,

Thanks for that, I'll have to see what he would charge to do that...

Appreciated.

[alpacafarmer]

.90 silver sells for melt and .925 silver sells for 90% of melt makes sense to me????

[mflugher]

.925 is generally scrap jewelry or private maker bars...

.900 is coin silver minted by the govt and has some assurances behind it.

so yes it makes sense.

Same reason a .999 american eagle is worth about $3 more than a random .999 Merry christmas round made by a private mint...

[RGJohn]

I think mflugher is probably correct. Coins are a known quantity where the others are somewhat suspect. I edited my previous post to correct the handle for scrapman1077.