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Message:: [QUOTE="Market Harmony, post: 678725, member: 20154"]Electric crucible melting furnaces are one of the best ways to melt silver and gold. Here's a video link: <a href="http://www.youtube.com/watch?v=KS_EejUJXJ0" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.youtube.com/watch?v=KS_EejUJXJ0" rel="nofollow">http://www.youtube.com/watch?v=KS_EejUJXJ0</a> I'm posting on this forum as a coin enthusiast, as that is what I am.  But, perhaps this aspect of my professional life might be helpful to this thread.  I wasn't planning to involve my business here very much, but these questions are quite common, I suppose.  I see them on other forums that I am a part of. Melting and casting takes education and practice.  In short, I would suggest that you leave it up to an expert.  I'm not sure what type of silver you want to melt, but if you plan on selling it, you'll have many added expenses... fees, time, packaging.  If you send impure silver to the refiner, you will be charged $25 assay fee, and get anywhere from 75 to 95% of the metal value returned to you.  If you melt it down, your total costs to do so (including equipment and sale of the finished product) will be higher than the refinery fees.  If you just sell it outright (without meting), you will have time costs as well as a discount to spot final price.  Normal discount to spot on impure silver is about 70 to 85% on eBay.  But then you have to also add in the costs of the auction and then PayPal fees. Unless you are looking for a new hobby, I think your best alternative is to send it off to a refiner and use the proceeds to buy bullion or other coins.  Or, if you wanted a unique product, then consult with a jeweler, and they might be able to do something for you or know someone who can.[/QUOTE]

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