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<p>[QUOTE="Rainyday, post: 1378647, member: 33384"]I have been buying so called "scrap" silver jewelry off of ebay for a while now at under melt. Most of what I try to purchase is vintage antique jewelry that is wearable and just needs to be cleaned or not depending on it's vintage appeal left alone. I have been working on quite a collection, once I feel like I have enough my plan is to get a spot at a nearby antique co-op. Most of what I have collected will fetch far more than melt ever could and I could quite possibly double or tripple my money. I feel alot of what people are selling as scrap they just don't care to do any research on their pieces or are hard up for money. I have aquired some very nice pieces over the last year or so. </p><p>Small sad story: A couple of weeks ago I had forgot about a auction that I was watching. The title was "Scrap silver necklace wear or scrap 56grams" And it was actually a vintage Tiffany's necklace. Well I got busy that day and forgot about it and it sold for $9.99 Unbelievable!!! The piece could quite possibly sell for $150 or more in the right location.[/QUOTE]</p><p><br /></p>
[QUOTE="Rainyday, post: 1378647, member: 33384"]I have been buying so called "scrap" silver jewelry off of ebay for a while now at under melt. Most of what I try to purchase is vintage antique jewelry that is wearable and just needs to be cleaned or not depending on it's vintage appeal left alone. I have been working on quite a collection, once I feel like I have enough my plan is to get a spot at a nearby antique co-op. Most of what I have collected will fetch far more than melt ever could and I could quite possibly double or tripple my money. I feel alot of what people are selling as scrap they just don't care to do any research on their pieces or are hard up for money. I have aquired some very nice pieces over the last year or so. Small sad story: A couple of weeks ago I had forgot about a auction that I was watching. The title was "Scrap silver necklace wear or scrap 56grams" And it was actually a vintage Tiffany's necklace. Well I got busy that day and forgot about it and it sold for $9.99 Unbelievable!!! The piece could quite possibly sell for $150 or more in the right location.[/QUOTE]
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Melting Antique Sterling silver- is it bullion investing or destroying history?
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