Auction Hunters take on getting more money selling PM's

[cesariojpn]

Start around 18:00.

According to the "Auction Hunters" logic, since those "fly by night" bullion buyers pay you less since they have to melt down the scrap jewelry and coins, buying a $650 mini-furnace, a blow torch, and a graphite mold and making your own, unverifiable purity silver bars will net you more money in the long run.

Note they use the term "Pure Silver" alot when they melt down the scrap jewelry. Anyone wanna bet a good majority of that stuff is just Sterling?

[Somnophore]

Don't you have Assay offices in the USA?

If I made something silver I can pay a fee and have it assayed by
the local assay office.

[Market Harmony]

OMG... what a joke! I hope they don't think that they are teaching anyone anything

[VWBEAMER]

Bad idea IMHO.

[slickeast]

I am sure they know more than what the TV showed. They did have equipment and spoke some knowledge. Its a TV show that is entertaining, not a refining class.

[SilverFossil64]

good show, dumb people the stars

[Market Harmony]

I was referring to what they actually said. Like cesario eluded to: you don't need to melt ANYTHING to be paid for scrap. And you don't purify anything by simply melting it.

If you add sugar and water and a tea bag, you would get Sweet Tea... a combination of the 3 things. If you add silver, copper, zinc, nickel, lead, etc together, then guess what... you don't get Sweet Tea, you get an alloy of all those metals as they become elementally bonded together when they are all in the crucible together. They do not separate in a way that you can reclaim any material in pure form. In order to break that alloy bond, you need to process it by chemically reducing (stripping) these elements into individual ions and then reorganizing them so that all the silver is with silver, and the copper with copper, and so on. Or, you can just put all the silver together and forget the rest

[cesariojpn]

I was referring to what they actually said. Like cesario eluded to: you don't need to melt ANYTHING to be paid for scrap. And you don't purify anything by simply melting it.

Exactly. When I saw it, I kinda went "huh, this might be bad." Turns out, it was. I mean honestly, if these two muppets came to a buyer, threw out a bag full of their "T&A Bullion" and tried to haggle the price near melt value, I doubt they'd be able to sell it. At best, they'd be laughed out of the shop!!

[Tourney64]

This is exactly why you want to buy from quality producers, with well known purity standards.

[cesariojpn]

Just in case some people didn't see it, look around 18 minutes in.

http://www.spike.com/full-episodes/dd14 ... n-2-ep-208

[Mossy]

Seems I recall a claim once about metal stratifying some if kept molten for a while. A conical metal plug was shown and the claim was the gold had dropped down to the point of the cone.