what do refiners pay for .925
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what do refiners pay for .925
by 97guns » Fri Feb 10, 2012 12:59 pm
i have some coins that im thinking about selling, i was offered 96% from apmex but am just wondering what i might get from a refiner.
Retired in 2009 with 300K in net worth by going all in with cash flowing real estate. every disposable penny goes back into savings via PM's - by using this technique my net worth has nearly doubled up.
ABCD investing - ANYTHING BERNANKE CAN'T DESTROY
ABCD investing - ANYTHING BERNANKE CAN'T DESTROY
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97guns - Penny Collector Member
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Re: what do refiners pay for .925
by mflugher » Fri Feb 10, 2012 4:01 pm
Most refiners pay between 70-90% for scrap silver, thats after the "melt losses" that always seem to crop up for another 2-5% or so... Keep in mind that .925 is only 92.5% silver as well...
96% for sterling sounds good, but thats for sterling coins right?
96% for sterling sounds good, but thats for sterling coins right?
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Re: what do refiners pay for .925
by 97guns » Fri Feb 10, 2012 4:13 pm
yes, sterling coins, gov't issue may be a reason for the 96%
Retired in 2009 with 300K in net worth by going all in with cash flowing real estate. every disposable penny goes back into savings via PM's - by using this technique my net worth has nearly doubled up.
ABCD investing - ANYTHING BERNANKE CAN'T DESTROY
ABCD investing - ANYTHING BERNANKE CAN'T DESTROY
-
97guns - Penny Collector Member
- Posts: 334
- Joined: Fri Nov 12, 2010 10:41 am
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