13 sterling spoons !!!!!!!!!!

[strickman]

went to yard sale today got 13 sterling spoons for $2.00 so at $17.84 an oz. between 7-9 oz. carry the 9=a freaking good deal!!!!!!!

 

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[Sky_Warrior]

i just bought about 40 silver spoons from a salvation army for that same reason how do i know if its silver or just silver plated

 

[strickman]

they will usually be stamped sterling.sometimes they are antique so there is an added bonus,still worth the silver price and x-tra for antique .always consider that before scrapping.

 

[whitesid]

sterling bends a lot easier then plated ones.

 

[silvercop]

i like the silver spoons too.

 

[allen]

good going on that sweet silver !!!

 

[creeper71]

i just bought about 40 silver spoons from a salvation army for that same reason how do i know if its silver or just silver plated

Sterling silver spoons will either be marked sterling ster stg 925 925/1000 950 950/1000 plated will either have plate somewhere on the back silverplate triple plated etc.. or A1 sometimes it won't even mention if it's plated or not..then unless it is a super old peice it will be plated

 

[Marty-Graw]

i like the silver spoons too.

that WAS a pretty good show.....Ricky Schroeder was hilarious

 

[Cappy Z.]

NICE JOB!!!!!!!!!!!!!!!!!!!!!

 

[jnkhntr]

Just curious, what would a refiner, coin dealer, or other buyer pay per gram for sterling items?

 

[tford62]

I live in Central Maine, and at the jeweler in town Farmington, I was quoted 8.00 per ounce last week. Needless to say I didn't bite. Fee-bay still beats that price. Happy hunting out there. T.

 

[jnkhntr]

If my math is correct, about 31 grams per troy ounce, that is only $.26 per gram. Real value based on spot of $17.71
is $17.71 / 31= $.57 per gram. I guess .925 comes into play, but I think there must be better offers. I am new at this so I may need some educating. FORTUNE FAVORS THE EDUCATED MIND!!

 

[tford62]

He explained to me that the silver refining is more expensive and the market was different from gold. I wasn't listening at that point, he lost me at less than 50 cents on the dollar for his spot offer and I think he knew it as he tailed off about the same time my ears turned off. LOL I probably should have given a real listen so I would be better educated. I should probably also mention this same jeweler has given me very fair, once I believe even over spot price on gold or my math was faulty when I walked into the place. T.

 

[cyberdan]

If my math is correct, about 31 grams per troy ounce, that is only $.26 per gram. Real value based on spot of $17.71
is $17.71 / 31= $.57 per gram. I guess .925 comes into play, but I think there must be better offers. I am new at this so I may need some educating. FORTUNE FAVORS THE EDUCATED MIND!!

Yes, you are right. My day job is a bean counter so I always extend a decimal point or two.

1 troy ounce = 31.1 grams or 20 DWT (pennyweight - which some people use)

so 1 oz at $17.71 = .569¢ per gram of fine (999) silver
to find out sterling multiply by .925 = .526¢ per gram

tford, my refinery charges 10% commission on silver so you would get .47¢ per gram. Remember a lot of silver makers do cheat so sterling could really be .900 or even .875 A lot of marked gold that I buy is almost always one half karat under the mark. (and by law that is OK so they take advantage of it)

 

[jnkhntr]

Thanks once again Dan, I've learned a lot since finding this site!

 

[bocephus]

 

[kblackphoto]

Is there good money in finding silver and selling it to refineries? Is there benefits in keeping antique sterling silver and selling it on ebay if its a specific brand, say if you just found a spoon but didn't have all the pieces in a set? I am just curious if this is something I can get into. I could always use extra money!

 

[jnkhntr]

There is very good money in Silver but do alot of homework before you buy a bunch of silverplate junk.
Here is a good place to start: http://925-1000.com/
FORTUNE FAVORS THE EDUCATED MIND!

 

[kblackphoto]

Thanks alot