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<p>[QUOTE=&quot;longarm, post: 2428081, member: 76717&quot;]I usually pay 80% of spot at the most for scrap and sometimes I find good deals in the most unlikely places like garage sales. For instance, here is a necklace/bracelet set that I bought at a garage sale last year. They originally wanted $50 for it (but because I didn&#039;t have my scale and acid test with me) I asked what was the lowest they would take and they said $35. So I paid $35 for 6.5 oz ASC (actual silver content) [ATTACH=full]504163[/ATTACH] Now to find the ASC (actual silver content) you have to take the total weight and multiply it by .925 (sterling) [ATTACH=full]504164[/ATTACH] In this case 217.5 which comes to 201.1875 grams ASC and to now find out how much it&#039;s worth just take the spot price $16.22 divide by 31.1 and you get .52154341 (which I&#039;ll round off to $.52 per gram), then multiply that by 201.1875 grams and it&#039;s worth $104.61. You have to have a good scale and acid test kit for gold/silver, but hunting for scrap can be fun.[/QUOTE]</p><p><br /></p>

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