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At what point do you scrap sterling?
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<p>[QUOTE="J Dagger, post: 9844638, member: 10944"]Try selling it in a lot on eBay. Make sure “sterling silver” & “scrap” are in the title. Try an auction with the starting price at 100% current melt value. In the written description let people know starting bud is current melt price. You’ll want to include the total weight obviously. Even if it sells for opening bid you’ll be even with what the scrapper will pay you after eBay fees are taken out. There are two potential benefits, 1. Price may go higher 2. A collector or reseller will buy the lot and not melt the stuff. Ideally both will happen. If it doesn’t work you’re not out anything. If it works then….yay.[/QUOTE]</p><p><br /></p>
[QUOTE="J Dagger, post: 9844638, member: 10944"]Try selling it in a lot on eBay. Make sure “sterling silver” & “scrap” are in the title. Try an auction with the starting price at 100% current melt value. In the written description let people know starting bud is current melt price. You’ll want to include the total weight obviously. Even if it sells for opening bid you’ll be even with what the scrapper will pay you after eBay fees are taken out. There are two potential benefits, 1. Price may go higher 2. A collector or reseller will buy the lot and not melt the stuff. Ideally both will happen. If it doesn’t work you’re not out anything. If it works then….yay.[/QUOTE]
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