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Silver Chain Values

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throwbackid's Avatar
1283 Posts
 Posted 12/16/2011  09:43 am  Show Profile   Bookmark this reply Add throwbackid to your friends list Get a Link to this Reply
Buffalo Bonehead,

Just an FYI that might help you there are 20 DWTs in 1 oz. I would offer you like $15 just by the looks of the chains probably an oz of sterling. So take a scale weigh it then multiply that number by .925 that will give you the spot price, then take 85% of that number and thats want you should get in scrap. I wouldn't bother with ebay not enough money to bother with IMHO.
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poboxw's Avatar
Canada
1502 Posts
 Posted 12/16/2011  09:57 am  Show Profile   Bookmark this reply Add poboxw to your friends list Get a Link to this Reply
+1
the time, fees, and risk associated with selling on ebay for a one-time, under $30 item may not be worth your while.
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Ed_B's Avatar
United States
4008 Posts
 Posted 12/16/2011  6:03 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
So take a scale weigh it then multiply that number by .925 that will give you the spot price, then take 85% of that number and thats want you should get in scrap.

The chain weight x 0.925 would give you the actual silver weight, which would then be multiplied by the silver spot price per oz. and the 0.85 number to arrive at the current scrap price. Yes, I know... picky, picky...
Valued Member
chris beatie's Avatar
344 Posts
 Posted 12/16/2011  7:01 pm  Show Profile   Bookmark this reply Add chris beatie to your friends list Get a Link to this Reply
The best place to go for digi scales is either Amazon or ebay. Both you can get a good scale weighing up to 1000 grams, plus with a calibration scale for under 10 bucks with free shipping.

These scales weigh in grams, grains, carats, oz, troy oz, and a few others. The calibration weight is also very very good to have because otherwise how do you know the scale is accurate, and if its not accurate how could you reset it without one? :)
Valued Member
chris beatie's Avatar
344 Posts
 Posted 12/16/2011  7:03 pm  Show Profile   Bookmark this reply Add chris beatie to your friends list Get a Link to this Reply
just tossing this out there as well. Ill buy them for 15 bucks.
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 12/26/2011  01:01 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
Harbor freight has one that will weight 1000.0 g in six modes for about the same price. US Balance Magnum 1000xr
Valued Member
United States
113 Posts
 Posted 12/26/2011  04:15 am  Show Profile   Bookmark this reply Add samboyellowsub to your friends list Get a Link to this Reply
what you've got there is a 40 gram chain and a 25 gram chain. I'll bet you an "oh well I was wrong" !
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Libertad's Avatar
Canada
3692 Posts
 Posted 12/26/2011  11:22 pm  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
If you don't have a scale, take something that has a known weight and add them to your hand with the other hand holding the chain.

One thing I would advise is to not sell them as scrap. That's ridiculous. Although they are machine-made, they are in a readily known form and are worth more than scrap. In case you're wondering, the style of that chain is called "Figaro".

And it's not "Italian silver" you should be worried about (at all)... it's "Chinese silver", "Mexican silver", "German silver", etc that should worry you, because they are misnomers for nickel-based alloys. Italian silver is some of the best around.

The offers that you got were ludicrous. Talk about low-balling. Just keep them, you'll never get them for those prices discussed. The person offering you that much was trying to "steal" them from you.
Edited by Libertad
12/26/2011 11:31 pm
Valued Member
United States
113 Posts
 Posted 12/27/2011  2:21 pm  Show Profile   Bookmark this reply Add samboyellowsub to your friends list Get a Link to this Reply

Quote:
The offers that you got were ludicrous. Talk about low-balling. Just keep them, you'll never get them for those prices discussed. The person offering you that much was trying to "steal" them from you.
ditto.
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