Help ID and questions about scrapping

Discussion in 'Silver' started by MrNate, Mar 16, 2018.

  1. MrNate

    MrNate Well-Known Member

    Hi everyone, I found this earlier this week and I haven’t had luck figuring out the maker yet. If anyone can figure it out, I would definitely appreciate it!

    Second part of my question: does anyone have experience scrapping silver? I’m just curious to hear what your experience was like, this one is in pretty bad shape so I’m considering scrapping it instead of keeping it.

    76E04EEE-93C3-4081-A7FA-518AF49C1D46.jpeg 8386847C-B86B-457F-AD5A-8622DF587CC4.jpeg
     
  2. daveydempsey

    daveydempsey Moderator Moderator

    I sell my scrap silver on eBay, I start it at the minimum and always get more than the melt value.
    You will need to smash out all the cement before selling for scrap.
     
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  3. MrNate

    MrNate Well-Known Member

    Thanks Davey, I hadn’t thought of using ebay as an option. I’ve watched some videos about smashing out the cement so I have to give that a try. Part of me is really curious which parts of the candle holder is cement filled, the bottom clearly is but the top feels very solid to me.
     
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  4. say_it_slowly

    say_it_slowly The worst prison is a closed heart

  5. MrNate

    MrNate Well-Known Member

    Wow, both comments are VERY helpful to me, thank you very much!!
     
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  6. Rayo56

    Rayo56 Well-Known Member

    If I remember correctly - sterling silver must be .925% silver that is the stamp 925 over 1000 - so weigh that piece and then figure out how much of that weight is silver than change the weight of the silver to ounces and multiply buy the price of silver per ounce - today it's 16.33$/oz. That will at least give you scrap value.

    I don't know what the reinforced with cement means - that doesn't sound good
     
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  7. daveydempsey

    daveydempsey Moderator Moderator

    It means the silver is a thin skin around a cement structure, it is not solid silver,you can only weigh it when all the cement is removed.
    There will not be a lot of silver at the end.
     
  8. Debora

    Debora Well-Known Member

    I sell my precious metal items in poor condition at the local coin shop and, if necessary, they break up the pieces for me. If you sell to shop of some sort (coin, pawn, etc.) do shop around; price paid will vary.

    Debora
     
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  9. say_it_slowly

    say_it_slowly The worst prison is a closed heart

    Keep in mind that silver goes by Troy ounces which are a bit heavier than a postal ounce.

    I don't scrap much but I believe you have to subtract the alloy which would be -7.5%. The refiner I used last pays 90% of that if I remember correctly. So actual Troy weight, minus 7.5%, minus 10%. That's what I can get using that refiner (unless they've changed:rolleyes:).
     
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  10. coreya

    coreya Well-Known Member

    That piece will have around 2 to 3 ounces of silver total after removing the weighted and reinforced portions (metal rods) I use this site for the value of the scrap.
    https://www.silverrecyclers.com/
     
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  11. Rayo56

    Rayo56 Well-Known Member

    Right - without looking it up - a dry weight ounce is 28 grams while a troy ounce is like 32 grams?
     
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  12. MrNate

    MrNate Well-Known Member

    I appreciate all the knowledge shared, helps me to keep my expectations reasonable.
     
  13. tie.dye.cat

    tie.dye.cat Well-Known Member

    There are online calculators that will figure out your scrap value based on today's prices. Just plug in the weight and it does the work for you.

    I've sold my scrap on ebay a couple of times when I needed the money quickly. I put it on as a buy it now at a few dollars less than scrap value, and it goes fast. If you're not in a hurry, you'd probably get a little more putting it in an auction.

    Most of my scrap though goes to a refinery down state that gives a fair amount.
     
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  14. MrNate

    MrNate Well-Known Member

    Thanks everyone. I took the plunge and dismantled it. I just used some pliers and peeled it apart. Sad to see something destroyed, but it really wasn't worth saving, the condition it was in factored with it being weighted and I just didn't enjoy it's look. I also wanted to learn how to scrap, and learn I did! It wasn't too difficult at all. I'm now eyeing some of my "ugly pieces" that might meet the same fate in the future. After I got all the rods and cement off the silver, it turned out to be 70 grams of sterling. Bravo to coreya for nailing the silver estimate; very impressive.
     
  15. evelyb30

    evelyb30 Well-Known Member

    Experience is the best teacher. Most of us have scrapped that 1950s wedding sterling giftware at one point or another. I call it "sterling tin foil" because the metal used is so thin it might as well be the same foil I use to cover food in the oven.
     
  16. komokwa

    komokwa The Truth is out there...!

    28.35 if you count twigs and seeds....;):rolleyes:
     
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  17. terry5732

    terry5732 Well-Known Member

    wei 001.JPG
    12 ounces of clean, formerly weighted. Probably nearly 30 candle holders partly squished. Last time I sold for scrap it was $48/oz. It is the lowest it's been in years. I'll wait for it to go up some. May only be a couple decades.
     
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  18. komokwa

    komokwa The Truth is out there...!

    last time silver was that high was 2011..
     
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  19. Shangas

    Shangas Underage Antiques Collector and Historian

    I've only scrapped silver maybe once in my life. I had a whole heap of useless silver lying around which I knew nobody was ever going to buy. So I hauled it all off to the scrapper to get rid of it. Among the scrap were two silver weighted candlesticks.

    It said "CEMENT FILLED" on the base. With the aide of a hammer and tongs, we smashed them open and the silver rolled off like tin-foil. What was underneath was actually some sort of brown, toffee-coloured stuff, like they'd been filled with butterscotch or something. The lady who did the scrapping had never seen it before.
     
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  20. Hollyblue

    Hollyblue Well-Known Member

    It's called "pitch" and was used to fill many hollow metal pieces as added weight and a stabilizer for thin metals.
     
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