This forum is for discussing hunting and collecting US and Canadian circulation Silver Bullion Coins, other types of minted bullion, and other types of precious and base metal investments other than Bullion Pennies and Nickels.
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by Morsecode » Sun Jan 25, 2015 7:54 pm
From the Feb edition of The Journal of Antiques & Collectibles. I never realized there was a market for the stuff.
From hence ye beauties undeceived, know one false step is ne'er retrieved
and be with caution bold.
Not all that tempts your wandering eyes and heedless hearts is lawful prize,
nor all that glistens gold.
- Thomas Gray, 1747
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Morsecode
- Too Busy Posting to Hoard Anything Else
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by Dr. Cadmium » Mon Jan 26, 2015 9:30 pm
All considered, that price is not very good.
Silverplate is worth at least the price of its base metal - usually brass, but sometimes copper or pewter. Metal yards near me currently buy scrap brass for about $1.50/lb.
Usually operations like this will make a small profit on the brass, and make most of their money on the base copper and pewter pieces. Sometimes solid silver pieces find their way in the junk pile, and then there are collectible and crafting pieces for greater profit.
The actual silver portion of most silver plated items is not cost effective to recover.
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Dr. Cadmium
- Penny Hoarding Member
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by Morsecode » Mon Jan 26, 2015 10:26 pm
Good info. I wondered if the silver was worth recapturing.
From hence ye beauties undeceived, know one false step is ne'er retrieved
and be with caution bold.
Not all that tempts your wandering eyes and heedless hearts is lawful prize,
nor all that glistens gold.
- Thomas Gray, 1747
-
Morsecode
- Too Busy Posting to Hoard Anything Else
-
- Posts: 4211
- Joined: Thu Feb 10, 2011 10:04 pm
- Location: Southern New England
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