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Best find ever....Hundreds of pounds of scrap (Pure) silver...

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Posts: 284

Posted Oct 03, 2009, 11:45:59 pm

Many, many years ago, I worked for a machine shop.

My job was to, among other things, clean the lathes after they had finished an order, tear it down and help set it up for the next run.

One day they got an order for electronic contacts, as part of a military contract I think. Anyway the parts were to be made from 0.99999% silver. I still remember the two pallets with thousands of pounds of silver on them. Of course, back then silver was only worth something like 2 dollars an ounce.

Anyway when the order was finished I asked the owner what he wanted me to do with the silver turnings and he said to just throw it in the scrap metal bins with the rest of the scrap.

I promptly packed all the silver into cardboard boxes and trash bags and loaded the trunk of my car with it.

I ended up with 119 pounds (by my bathroom scale) of silver.

After a while I started melting the silver down and pouring rough ingots with it. I was having a hard time keeping track of 119 pounds of silver shavings and had already lost probably 20 pounds of it when I decided to melt it.

Ive sold a lot of it over the years. I traded some for an M1 Garand, etc.

I still have around 40 pounds...
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United StatesOffline
Posts: 938
West Virginia

Reply To This Topic #1 Posted Oct 06, 2009, 04:53:45 am

Thats a sweet job perk!

Just because it did not work does not mean it was not a good plan!
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United StatesOffline
Posts: 285
Ho Hum Hollow

Reply To This Topic #2 Posted Oct 14, 2009, 04:12:48 pm

That's an amazing story. And to think, you STILL have 8000.00+ worth left.

God sleeps in the minerals, awakens in the plants, walks in the animals, and thinks in you. ---Ancient Sanskrit saying.
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United StatesOffline
Posts: 81

Reply To This Topic #3 Posted Oct 16, 2009, 04:24:53 am

In 22 years of scrapping, I have never seen silver contact points that were machined on a lathe.  I worked as a toolmaker for 20 years in a screw machine shop and I would like to know how the material came in? Was it bar stock? Blanks? Even at 2 bucks a pound the boss said scrap the turnings? Not on a military contract.

Interesting.
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Posts: 284

Reply To This Topic #4 Posted Oct 19, 2009, 01:02:12 pm

In 22 years of scrapping, I have never seen silver contact points that were machined on a lathe.  I worked as a toolmaker for 20 years in a screw machine shop and I would like to know how the material came in? Was it bar stock? Blanks? Even at 2 bucks a pound the boss said scrap the turnings? Not on a military contract.

Interesting.


It was bar stock.

All machined on a lathe.

The parts were very small, but my specialty was cleaning them up and getting the tooling for the machinists to change them over so I could be wrong about the contacts part, although that's what they looked like to me.
my favourite food is witchetty grubs

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Papua New GuineaOffline
Posts: 2726

Detector used Detector(s) Used - hound dog

Reply To This Topic #5 Posted Oct 20, 2009, 12:08:08 am

Would this ever happen today.
Never and it exemplifies the meltdown of western society from those post-war heights.

I freed my mind when I left god behind
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United StatesOffline
Posts: 3624
VALLEY ALABAMA
Detector used Detector(s) Used - GARRETT GTA 500

Reply To This Topic #6 Posted Oct 23, 2009, 05:55:14 pm

just wondering what the military would be using silver for? electronic contacts? would love to know what they were using it for so i could check and see if any items containing silver might be in the army surplus stores

STRIPPING SILVER OUT OF BANKS AT FACE
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Posts: 1799
N OC CA
Detector used Detector(s) Used - Whites MXT,Compass 94B & 77B

Reply To This Topic #7 Posted Oct 27, 2009, 10:27:58 am

I've seen silver contacts on 440 electrical switches. On the 50's era machines they were the norm.

Truth is incontrovertible, malice may attack it and ignorance may deride it, but, in the end, there it is.
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United StatesOffline
Posts: 145

Reply To This Topic #8 Posted Nov 05, 2009, 07:54:49 pm

amazing

REBEL PRIDE!!
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United StatesOffline
Posts: 4939
Northern, OH
Detector used Detector(s) Used - DFX, White PI, Bounty Hunter, Whites Surfmaster II and Excalibur II

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Primary Interest: All Types Of Treasure Hunting

Reply To This Topic #9 Posted Nov 09, 2009, 09:06:52 pm

Time to sell......Matt

CRH 2012 find
wheaties 51
War Nickel  
Mercs
Rosie 4
90%  Kennedy
 Franklin
   Walkers
40% halfs
 Detecting Finds
Dollars
Quarters   3
Silver Quarters  
Dimes   3
Silver Dimes   1
Nickels   4
Pennies   14
Wheaties
rings   1
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United StatesOffline
Posts: 1668
North Carolina
Detector used Detector(s) Used - Tesoro Silver UMax, Garrett Ace 150, Garrett ProPointer

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Primary Interest: All Types Of Treasure Hunting

Reply To This Topic #10 Posted Dec 26, 2009, 07:23:02 pm

You were smart in saving it! Good Job! icon_thumright

SkyPirate
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