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Replies: 22 / Views: 4,434 |
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Bedrock of the Community
Australia
21788 Posts |
Be very careful when it comes to selling hallmarked sterling silver for melt. In many cases, it can return much more money in it's existing form at the right antique auction.
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Pillar of the Community
United States
1795 Posts |
As far a smelting it yourself you can do it but it would cost you a small fortune to get the equipment to do so. $5-10 thousand. Its dangerous and I wouldn't do it in your garage or basement. Also that if for scrap that is already silver not plated.
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Valued Member
 Australia
165 Posts |
Ok I sorted through it I believe I got all the pure silver stuff and ended up with about 1.5 kg of silver maybe abit more if I went through it with a fine tooth comb.
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Valued Member
 Australia
165 Posts |
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Bedrock of the Community
Australia
21788 Posts |
It seems that the total metal value would be around $1700.
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Valued Member
 Australia
165 Posts |
So what about the epns stuff, the small silver content would be a few ounces so it would be above that and also the copper and other metals. What would be the best way of turning it into bars I am in Australia and not sure who to go to do it.
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Bedrock of the Community
Australia
21788 Posts |
The EPNS may be a tough call. The amount of silver plating would be considered negigible by a scrap metal merchant, and he would consider refining costs that HE would have to meet. You would need to 'phone a scrap metal dealer to find out.
I emphasise that the hallmarked sterling silver could bring more money than just silver value at an antique auction.
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Valued Member
 Australia
165 Posts |
I checked one of the pieces and it was from 1866 and By HL HL
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Valued Member
Canada
442 Posts |
Your EPNS stuff will be worth 1 or 2 dollars at most. It will cost you more to refine it. you have to be dreaming if you think you got a few ounces of actual silver. The layer of silver is microns thick. So very very little. Heck, you might be able to sell it more in its current form!
At least you have the solid sterling stuff. I would personally keep it as is. Something about silverware that is too pretty to melt.
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Valued Member
 Australia
165 Posts |
Well I will be putting the pure silver up for sale as I need the cash.
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Pillar of the Community
United States
1211 Posts |
Just sell it all as-is. What you are suggesting is a giant waste of resources.
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Valued Member
 Australia
165 Posts |
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Pillar of the Community
United States
830 Posts |
I think what he means mate is this, it is now a finished product, to take it back to raw materials is a waste. Kind of like which would be worth more a pound of copper or a pound of copper wire ready to wire a house? I'd rather have the wire than a bar of copper.  Good day
Edited by GoThunder 04/09/2013 11:10 am
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Valued Member
United States
200 Posts |
I agree with that. Selling the stuff in current form makes more sense.
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Valued Member
 Australia
165 Posts |
Yeh I am selling it as is.
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Replies: 22 / Views: 4,434 |
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