Posts: 631
Villa Rica georgia
Detector used: garret,whites,tesoro,bounty-hunter,,.....
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Posted Apr 19, 2008, 09:45:10 AM |
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went to yard sale today got 13 sterling spoons for $2.00 so at $17.84 an oz. between 7-9 oz. carry the 9=a freaking good deal!!!!!!!   |
no matter where you go,there you are!
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Posts: 7387
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Reply To This Topic #1 Posted Apr 19, 2008, 10:09:07 AM |
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R.I.P all the worms i killed digging my loot. Posts: 484
Auburn Hills MI
Detector used: MY ACE 250 JUST GOT HERE 5/07/08, also used a fisher 1220-x
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Reply To This Topic #2 Posted Apr 25, 2008, 07:00:06 PM |
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i just bought about 40 silver spoons from a salvation army for that same reason how do i know if its silver or just silver plated
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SEMPER FI!!! 
Click on the banner!!!
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Posts: 631
Villa Rica georgia
Detector used: garret,whites,tesoro,bounty-hunter,,.....
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Reply To This Topic #3 Posted Apr 26, 2008, 01:59:11 AM |
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they will usually be stamped sterling.sometimes they are antique so there is an added bonus,still worth the silver price and x-tra for antique .always consider that before scrapping. |
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Reply To This Topic #4 Posted May 10, 2008, 08:02:14 PM |
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sterling bends a lot easier then plated ones.
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Posts: 3047
VALLEY ALABAMA
Detector used: GARRETT GTA 500
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Reply To This Topic #5 Posted Feb 07, 2009, 05:38:36 PM |
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i like the silver spoons too.
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STRIPPING SILVER OUT OF BANKS AT FACE
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Posts: 15904
Shelbyville, Kentucky or any place I can detect !!!
Detector used: ace 250 for now
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Reply To This Topic #6 Posted Sep 14, 2009, 11:00:43 AM |
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good going on that sweet silver !!!
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ALLEN
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Posts: 1422
South Central PA
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Reply To This Topic #7 Posted Oct 11, 2009, 12:43:17 PM |
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i just bought about 40 silver spoons from a salvation army for that same reason how do i know if its silver or just silver plated
Sterling silver spoons will either be marked sterling ster stg 925 925/1000 950 950/1000 plated will either have plate somewhere on the back silverplate triple plated etc.. or A1 sometimes it won't even mention if it's plated or not..then unless it is a super old peice it will be plated |
some people call me the creeper ,cuz they don't know my name or face - Alice Cooper
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Posts: 928
Albertville Alabama
Detector used: Minelab Musketeer Advantage, Garrett Treasure Ace 300
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Reply To This Topic #8 Posted Oct 11, 2009, 03:22:22 PM |
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i like the silver spoons too.
that WAS a pretty good show.....Ricky Schroeder was hilarious |
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The AU Forever Posts: 1483
Atlantis
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Reply To This Topic #9 Posted Oct 11, 2009, 03:26:35 PM |
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On the Journey...
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Posts: 54
Central Florida
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Reply To This Topic #10 Posted Oct 12, 2009, 04:29:44 PM |
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Just curious, what would a refiner, coin dealer, or other buyer pay per gram for sterling items?
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Posts: 87
Wilton, Maine
Detector used: White's M6
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Reply To This Topic #11 Posted Oct 12, 2009, 06:38:19 PM |
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I live in Central Maine, and at the jeweler in town Farmington, I was quoted 8.00 per ounce last week. Needless to say I didn't bite. Fee-bay still beats that price. Happy hunting out there. T.
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Posts: 54
Central Florida
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Reply To This Topic #12 Posted Oct 12, 2009, 07:19:36 PM |
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If my math is correct, about 31 grams per troy ounce, that is only $.26 per gram. Real value based on spot of $17.71
is $17.71 / 31= $.57 per gram. I guess .925 comes into play, but I think there must be better offers. I am new at this so I may need some educating. FORTUNE FAVORS THE EDUCATED MIND!!
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Posts: 87
Wilton, Maine
Detector used: White's M6
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Reply To This Topic #13 Posted Oct 13, 2009, 03:16:10 AM |
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He explained to me that the silver refining is more expensive and the market was different from gold. I wasn't listening at that point, he lost me at less than 50 cents on the dollar for his spot offer and I think he knew it as he tailed off about the same time my ears turned off. LOL I probably should have given a real listen so I would be better educated. I should probably also mention this same jeweler has given me very fair, once I believe even over spot price on gold or my math was faulty when I walked into the place. T.
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Posts: 1489
Left Coast
Detector used: XLT & Bigfoot
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Reply To This Topic #14 Posted Oct 13, 2009, 09:38:49 AM |
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If my math is correct, about 31 grams per troy ounce, that is only $.26 per gram. Real value based on spot of $17.71
is $17.71 / 31= $.57 per gram. I guess .925 comes into play, but I think there must be better offers. I am new at this so I may need some educating. FORTUNE FAVORS THE EDUCATED MIND!!
Yes, you are right. My day job is a bean counter so I always extend a decimal point or two.  1 troy ounce = 31.1 grams or 20 DWT (pennyweight - which some people use) so 1 oz at $17.71 = .569¢ per gram of fine (999) silver to find out sterling multiply by .925 = .526¢ per gram tford, my refinery charges 10% commission on silver so you would get .47¢ per gram. Remember a lot of silver makers do cheat so sterling could really be .900 or even .875 A lot of marked gold that I buy is almost always one half karat under the mark. (and by law that is OK so they take advantage of it) |
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Posts: 54
Central Florida
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Reply To This Topic #15 Posted Oct 13, 2009, 01:46:25 PM |
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Thanks once again Dan, I've learned a lot since finding this site!
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Reply To This Topic #16 Posted Nov 05, 2009, 07:57:53 PM |
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REBEL PRIDE!!
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Reply To This Topic #17 Posted Nov 18, 2009, 09:11:30 PM |
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Is there good money in finding silver and selling it to refineries? Is there benefits in keeping antique sterling silver and selling it on ebay if its a specific brand, say if you just found a spoon but didn't have all the pieces in a set? I am just curious if this is something I can get into. I could always use extra money!
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Posts: 54
Central Florida
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Reply To This Topic #18 Posted Nov 19, 2009, 04:11:35 AM |
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There is very good money in Silver but do alot of homework before you buy a bunch of silverplate junk. Here is a good place to start: http://925-1000.com/ FORTUNE FAVORS THE EDUCATED MIND! |
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Reply To This Topic #19 Posted Nov 19, 2009, 10:15:31 AM |
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Thanks alot:)
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Posts: 180
Upper Chesapeake Bay, Maryland
Detector used: Whites DFX
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Reply To This Topic #20 Posted Nov 22, 2009, 11:57:08 AM |
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Posts: 1489
Left Coast
Detector used: XLT & Bigfoot
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Reply To This Topic #21 Posted Nov 23, 2009, 08:29:12 AM |
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Is there good money in finding silver and selling it to refineries? Is there benefits in keeping antique sterling silver and selling it on ebay if its a specific brand, I bought an entire set of sterling from the early 1950's. It was never used. I tracked down the maker and pattern name and contacted a company that sells sterling to fill in missing pieces. There offer was less than melt. They are a major company and there selling prices reflect antique prices. I will not give their name because they make themselves sound like they are paying you a good price for antique silverware when most likely they just melt it down. I could do that and make more money. |
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Reply To This Topic #22 Posted Nov 26, 2009, 03:30:53 PM |
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Thanks!
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