Auction sale of silver plate has a great bonus

[pepperj]

I have been a regular buyer on a local online auction site for 15 years and have gotten some real good deals over the years.
This sale was a canteen of Community Plate cutlery
Over half turned out to be Rodgers Triple plate/AA
This is just for inventory for future silver recovery that I'm setting up.
Total price paid $140.00CAD

The bonus in this lot was all this sterling silver mixed in the lot.
642 grams of sterling silver
The Birks knife is the only example I can find as all the others have been sold that were online. Nice bonus either way

 

[Mackaydon]

My current experience selling sterling is to find no buyers for the knives. The handles are loaded with a form of concrete to keep the blade and the handle attached. But noone here (Coinarama event two weeks ago) will even touch sterling today; the smelters are backed up for months. I was told to come back in 9 months to a year and see if the buying market has changed. Yes, if I were desparate, they would offer between 30 and 35% of AG's current value; I politely declined such a gracious offer.
Hopefully, you are having better luck.
Don in SoCal

 

[pepperj]

My current experience selling sterling is to find no buyers for the knives. The handles are loaded with a form of concrete to keep the blade and the handle attached. But noone here (Coinarama event two weeks ago) will even touch sterling today; the smelters are backed up for months. I was told to come back in 9 months to a year and see if the buying market has changed. Yes, if I were desparate, they would offer between 30 and 35% of AG's current value; I politely declined such a gracious offer.
Hopefully, you are having better luck.
Don in SoCal

The plated is going to be processed into .999 with nitric acid.
I wrote my hazardous licence to transport the chemicals, buying in bulk which is 5 gallons for $110 CAD
Going on the standard 1/1 ratio of nitric/gram of silver that would be 22,750 grams I could process.
Then there is the costs of other chemicals, and a one time equipment set up cost.

Right now the larger buyers got hit with the rapid decline in silver so they're @ 67.8% on sterling.
I'm thinking they're cost averaging the loses.

Handles will generate 12-24 grams of sterling average once they're broken apart and removing the paste/cement.
Here is a video that shows recovery on 4 handles which is on the lower end @12.3175 gram average.

 

[Mackaydon]

Excellent video; thanks.
Don in SoCal

 

[releventchair]

I have at least one flintlock pan primer made from a knife handle.
Here's a picture from the internet. The Muzzle Loading Forum.)

(

 

[geowizard]

Waiting to see the final tally on recovery!

- Geowizard

 

[pepperj]

Waiting to see the final tally on recovery!

- Geowizard

From what I gather is on a low .7 gram on a regular plated spoon/fork. 1 gram on a A1/Triple plated
Though I have to look up some notes and the reference to another recovery on the cutlery as it was a bit higher if I remember correctly.

 

[geowizard]

From what I gather is on a low .7 gram on a regular plated spoon/fork. 1 gram on a A1/Triple plated
Though I have to look up some notes and the reference to another recovery on the cutlery as it was a bit higher if I remember correctly.

Those numbers are probably close.
A tightly controlled de-plating setup with supervision would suffice to strip off the plating!
As you say, it's "life 101"

I watch "Sreetips' channel" on YouTube. He works in silver recovery from sterling scrap. I have a bunch of silver plated that I am planning to strip.

- Geowizard