Melb resident looking for info regarding melting costs for coins

SilverSanchez

SilverSanchez

Active Member
What is the amount of ounces you would need to make this worth while?

Im collecting florins, shillngs etc anyone know what the costs are or even who to call to ask :)
 
If you want to melt your own coins, you need at least 10kg, preferably 20kg+ and either 50% or Sterling, not a mixture.

Have done this before .. costs are about $75 per kilo to convert it into bars, so you need to consider that when paying out for coins.

There are easier ways... PM me in a month or so.

Ck.
 
No idea.

I did try to get some refined back when silver was around $20. Had a few kilos of pre dec.

I don't think the refiners were interested, they wanted 100kg before they fired up the melting pot and they were going to pay less than spot anyway.

I have seen a few stirling bars around but no 50% bars.

One of the good things about having coins is that they bear the government's quality assurance seal, whereas anything I melt and pour needs to be assayed before anyone would believe me, an additional expense which is why I ended not bothering in the end.

I would be interested in finding out a bit more though. Pre dec coins sell for spot or less whereas even an ugly bar has a bit of a premium on it.

Group melt?
 
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