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<p>[QUOTE=&quot;Juan Blanco, post: 1559639, member: 41665&quot;]THIS is what the gasoline-wasting &#039;Thin Dime Chasers&#039; need to know: real dealers won&#039;t pay what they imagine it&#039;s &quot;worth.&quot; Refiners pay LESS.*</p><p><br /></p><p>a) In fact, they UNLOAD lousy Merc wafers <i>by the thousands</i>, in bulk lots of 0.90 Fine troy pounds. </p><p>b) &quot;Sold at a percentage of melt&quot; means DISCOUNTED TO SPOT/ BID. Refiners will pay <i>less*</i> to cover their costs (how much the discount, depends.) And if you go through a middle-man (LCS), s/he&#039;ll take his cut too. </p><p>c) Not to be confused with a &#039;collectible,&#039; &#039;junk silver&#039; is effectively worth-less: literally, it&#039;s JUNK. (And I&#039;m not denying even manure has <i>some </i>value.)</p><p><br /></p><p><i>Very low margins</i> means it&#039;s just not lucrative to open hundreds of dime coin-rolls. I&#039;m shocked so many rank amateurs miss that obvious, glaring truth. Can you think of anything more pathetic than someone wasting Hours/Days/Weeks of Life, manically chasing that elusive Last Silver Dime? Think of poor Keno gamblers, Scratch-&amp;-Losers and the like, or Oxy addicts scrambling for the next fix. Pity them! There are other of means to collect much greater amounts of valuable Silver at low cost, without burning lots of ga$ and time (that most precious commodity.) And has anyone stopped to consider at least one alternative: that <i>refining one&#039;s soul</i> might be an infintely more valuable excercise &amp; endeavor at this point in Life? </p><p><br /></p><p>I&#039;m certainly not opposed to scrap-metal collecting (on the contrary, I&#039;ve been on the real asset bandwagon since 2002) or &#039;the PM business,&#039; but I see here how &#039;Silver Lust&#039; can blind a man or woman to Reason. I hope (pray) I never lose my mind that way.</p><p><br /></p><p><br /></p><p>* Look at this refiner&#039;s site and see what you&#039;d REALLY get paid <b>(Minimum lot: $250, 2 Troy Pounds)</b> : <a href="http://www.midstatesrecycling.com/refining_schedule/silver-metallics-80-95-sterling-silver" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.midstatesrecycling.com/refining_schedule/silver-metallics-80-95-sterling-silver" rel="nofollow">http://www.midstatesrecycling.com/refining_schedule/silver-metallics-80-95-sterling-silver</a></p><p><b><br /></b></p><p><b>When the Silver Price is USD 31.61, .925 Silver is $29.24 &gt;&gt;&gt; Refiner&#039;s BID, net all costs: just $19.33 per Troy Ounce. </b>[/QUOTE]</p><p><br /></p>

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