Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Vancouvers #1 Coin and Paper Money Dealer Royal Estate Auctions - $1 Coin Auctions300,000 items to help build your collection! Join Thousands of Coin, Bullion, & Money Collectors Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Specializing in Modern Numismatics Coin, Banknote and Medal Collectors's Online Mall








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

What Would You Do With 150 Pounds Of Raw Silver Ore?

To participate in the forum you must log in or register.
Author Previous TopicReplies: 37 / Views: 29,553Next Topic
Page: of 3
New Member

Canada
29 Posts
 Posted 10/10/2012  9:52 pm Show Profile   Bookmark this topic Add silverore to your friends list Get a Link to this Message Number of Subscribers
What would you do with 150 pounds of raw silver ore assayed at 80%? Try to sell it to a mineral dealer or just refine it? I am new to all of this and looking for suggestions :) Not like I actually have a 150 pound silver nugget or anything.. ;)
Edited by silverore
10/10/2012 9:56 pm
Pillar of the Community
copper nickel daddy's Avatar
United States
2224 Posts
 Posted 10/10/2012  10:02 pm  Show Profile   Bookmark this reply Add copper nickel daddy to your friends list Get a Link to this Reply
"Oh Boy, I'm Rich! Rich Rich Rich I tell ya.....RICH!"

No, just kidding! I really don't know. Hopefully somebody here at CCF will have ideas. There are videos on YouTube that describe home refining, but as far as I know they are small scale. 150 lbs. is not small scale!



What-Would-You-Do-With-150-Pounds-Of-Raw-Silver-Ore?
Edited by copper nickel daddy
10/10/2012 10:06 pm
Bedrock of the Community
basebal21's Avatar
13014 Posts
 Posted 10/10/2012  10:04 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Id sell it. Home refining wont be easy and probably not even worth the time and effort when its said and done. Unless of course you do that often or have a smelter laying around
Pillar of the Community
Fat Freddy's Avatar
United States
1200 Posts
 Posted 10/10/2012  10:22 pm  Show Profile   Bookmark this reply Add Fat Freddy to your friends list Get a Link to this Reply
On refining it at home......1-Could you?......2-How good a job could you do?...... 3-(even if you get this far, here's the killer)-What do you do then--set up your own home foundry and mini-mint in the still-open part of the basement so you could pour your own bars or strike your own coins?

I think I'd go with having the pro's do the work they do on a commercial basis.
New Member
Canada
29 Posts
 Posted 10/10/2012  10:42 pm  Show Profile   Bookmark this reply Add silverore to your friends list Get a Link to this Reply
Thank you for the quick replies!

Oh no, no refining at home. Just have a specimen to get rid of.. What to do?
Valued Member
jlgaudlitz95's Avatar
United States
280 Posts
 Posted 10/10/2012  11:06 pm  Show Profile   Bookmark this reply Add jlgaudlitz95 to your friends list Get a Link to this Reply
Let me crunch some numbers...
WOW!
At current silver prices, 150lbs. of 80% silver comes out to $67,200! You could probably sell it to someone for about 60,000, unrefined. Try selling it to either a museum or big jewelry manufacturer. Just think of places that are able to smelt it and sell it or someone that will leave it just the way it is. Well, that's my 2 cents. Hope it helped!
Pillar of the Community
Silverhawk74's Avatar
United States
3670 Posts
 Posted 10/10/2012  11:49 pm  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
Get a torch and pour some bars....
Valued Member
ericmckeown's Avatar
United States
379 Posts
 Posted 10/11/2012  09:15 am  Show Profile   Bookmark this reply Add ericmckeown to your friends list Get a Link to this Reply
New Member
Canada
29 Posts
 Posted 10/11/2012  8:52 pm  Show Profile   Bookmark this reply Add silverore to your friends list Get a Link to this Reply
That would be a lot of bars.

What-Would-You-Do-With-150-Pounds-Of-Raw-Silver-Ore?
Pillar of the Community
Broseph's Avatar
United States
979 Posts
 Posted 10/12/2012  08:15 am  Show Profile   Bookmark this reply Add Broseph to your friends list Get a Link to this Reply
Do you own a mine?
Pillar of the Community
fistfulladirt's Avatar
United States
4333 Posts
 Posted 10/12/2012  08:27 am  Show Profile   Bookmark this reply Add fistfulladirt to your friends list Get a Link to this Reply
Silverore, are you referring to that huge 153 pound slab recently unearthed by a detectorist? Pics sure look like that same nugget.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
New Member
Canada
29 Posts
 Posted 10/12/2012  08:42 am  Show Profile   Bookmark this reply Add silverore to your friends list Get a Link to this Reply
No I do not own a mine. Wish I did. Yes it is the same piece that the detetor found.
Pillar of the Community
Namachieli's Avatar
United States
2120 Posts
 Posted 10/12/2012  5:30 pm  Show Profile   Bookmark this reply Add Namachieli to your friends list Get a Link to this Reply

Quote:
are you referring to that huge 153 pound slab recently unearthed by a detectorist? Pics sure look like that same nugget.


Article/link?
Pillar of the Community
silvercoinrn's Avatar
United States
863 Posts
 Posted 10/12/2012  5:36 pm  Show Profile   Bookmark this reply Add silvercoinrn to your friends list Get a Link to this Reply
Silverore is this what sparked your interest? I didnt even hear about it. I wanna go over and hack a piece off for my self. If I was him id find a way to sell it maybe as collector pieces? kindof like they sell small fragments of gold
New Member
Canada
29 Posts
 Posted 10/12/2012  8:01 pm  Show Profile   Bookmark this reply Add silverore to your friends list Get a Link to this Reply
Namachieli, it was first posted on the treasurenet forum.

It was discovered by a metal detectorist. I agree it would be better kept as a specimen since pieces like this are rare these days but who has 60k on them?

The large piece on the bottom is the one that weighs about 153 lbs.

What-Would-You-Do-With-150-Pounds-Of-Raw-Silver-Ore?
Pillar of the Community
Canada
5324 Posts
 Posted 10/12/2012  8:49 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
you should contact moore numismatic auction, they auctioned off a bunch of large gold nuggets for decent prices in june 2012. I almost sure you will get more than 100,000 at auction for this chunk. 925 9307710 or heritage auctions in dallas, texas. good luck send me alittle chunk after you sell it.
  Previous TopicReplies: 37 / Views: 29,553Next Topic
Page: of 3

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.47 seconds to rattle this change. Forums