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selling for melt value... guidance please
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<p>[QUOTE="tcore, post: 402817, member: 2949"]This is not usually true (at least in my area). All of the dealers around me pay more than 50% of melt. Most of them pay somewhere in the range of 75-90% of melt for "junk" common coins. It just depends on who you go to.</p><p> </p><p>Now, I know a guy who buys scrap silver and gold of all kinds, rings, bracelets, chains, etc. He still pays pretty good according to melt value, but he pays about 5% less or so than you might think he should. He's told me that this is because when he sends it to the smelter, he then gets a report of what's actually in the metal he had melted. He said a lot of times, junk chains, etc. will have maybe only 8k or 9k in them, while they are stamped as 10k. I've heard about this kind of thing on 20/20 or something before as well.</p><p> </p><p>All that being said, I bet if you list your coins here for reasonable prices, someone will probably buy them up.[/QUOTE]</p><p><br /></p>
[QUOTE="tcore, post: 402817, member: 2949"]This is not usually true (at least in my area). All of the dealers around me pay more than 50% of melt. Most of them pay somewhere in the range of 75-90% of melt for "junk" common coins. It just depends on who you go to. Now, I know a guy who buys scrap silver and gold of all kinds, rings, bracelets, chains, etc. He still pays pretty good according to melt value, but he pays about 5% less or so than you might think he should. He's told me that this is because when he sends it to the smelter, he then gets a report of what's actually in the metal he had melted. He said a lot of times, junk chains, etc. will have maybe only 8k or 9k in them, while they are stamped as 10k. I've heard about this kind of thing on 20/20 or something before as well. All that being said, I bet if you list your coins here for reasonable prices, someone will probably buy them up.[/QUOTE]
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selling for melt value... guidance please
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