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<p>[QUOTE=&quot;-jeffB, post: 1245384, member: 27832&quot;]I&#039;ve found that sterling gets a bigger discount from melt than coin silver.</p><p><br /></p><p>With coin silver, you know that the other 10% is copper, and that makes the refining process easier. With sterling, the other 7.5% could be all sorts of different things, and that makes the refining process harder.</p><p><br /></p><p>I don&#039;t know how it works out for different concentrations of gold. I suspect that gold is so valuable, and so chemically different from everything else in its common alloys, that there&#039;s less of a discount in general -- but I haven&#039;t yet tried to sell any scrap gold, so I don&#039;t know what the market is like. I do know that I don&#039;t ever see much of a discount from spot on US circulating or commemorative gold.[/QUOTE]</p><p><br /></p>

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