Whats a good price(compared to spot) to buy scrap sterling silver at ?

Discussion in 'Silver' started by phillipcampbell, Apr 8, 2011.

  1. phillipcampbell

    phillipcampbell New Member

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    I would appreciate the opinion of some members please. What would be a good value price for both buyer and seller of some scrap sterling silver jewellery in regards to spot price on the value of the contained metal. Thank you all !
     
    phillipcampbell, Apr 8, 2011
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  2. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    Expect to pay from spot upto twice spot
    Pawnbrokers will charge up x 5 spot
    It's hard to sell it above spot
    I got offered a chunky necklace & bracelet last weekend
    250 grams for both $500 ,I didn't have the $ so I had to
    let it go.
    Peter Davis had some yesterday for $1.50 gram
     
    spannermonkey, Apr 8, 2011
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  3. RhythmDoctor

    RhythmDoctor Active Member

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    Nearly had a punt on a nice antique Double Albert chain a few weeks ago, 255 grams for $450. If he'd have dropped to 400 or even 425 I'd have had it.

    This month, I'll let him drop it again and its mine. Every link is hallmarked sterling. It'll look pretty mean to wear out too :D
     
    RhythmDoctor, Apr 8, 2011
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