Sterling Silver Plates

Discussion in 'Antique Silver' started by Bullion Baron, Nov 9, 2018.

  1. Bullion Baron

    Bullion Baron Well-Known Member Silver Stacker

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    Jislizard and serial like this.
  2. Gullintanni

    Gullintanni Well-Known Member

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    I have had SO SO MUCH of this stuff over the years and i buy it at spot or less and always manage to turn a profit on it while the people that originally bought it must have taken a bath on what they paid.

    The only thing i have kept is a sterling silver stamp collection, i had the gold plated sterling version as well but scrapped it as it looked to tacky.

    EDIT: I bet ya Oz has picked up a tonne of this Franklin mint stuff as well at his garage sale hunts.
     
    Last edited: Nov 9, 2018
  3. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    At garage sales they go at 20% of spot lol

    I melted it down to a blob to regain some value and sold it eBay lol
     
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  4. Gullintanni

    Gullintanni Well-Known Member

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    Yep garage sales sure can be cheap and i agree you can get it at 20% or less.

    As i am not a pauper i tend to quickly evaluate the people i am buying from and that will dictate how much i am willing to pay.
    For instance a garage sale from nice area of town (expensive side) where the people should (IMHO) have the ability to find the value i will go for as cheap as i can get.

    If i am in a seedier part of town and the people are clearly trying to raise funds as they are poor i am more likely to explain value to them and head for spot.

    There are exceptions to my rules but generally i try to be fair within reason and depending on the people selling.
     
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