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What to do with very small amounts of scrap?
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<p>[QUOTE="desertgem, post: 3132838, member: 15199"]It is an eyeopener when a member actually does try to sell their scrap to a refiner for either cash or exchange for rounds. Unless one is in your backyard, shipping both ways is expensive with insurance and mailing receipts. Purity is often much less than one thought in their mind if not marked .99 or .999 , plus prices are determined by the bullion prices on days processed , not necessarily when thought it should have been . One club member saved kgs of sterling silver from yard sales/swap meets and made a profit of 8% in the end. The risk factor of buying the scrap is there also if you do not have a field analytical device that works.[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 3132838, member: 15199"]It is an eyeopener when a member actually does try to sell their scrap to a refiner for either cash or exchange for rounds. Unless one is in your backyard, shipping both ways is expensive with insurance and mailing receipts. Purity is often much less than one thought in their mind if not marked .99 or .999 , plus prices are determined by the bullion prices on days processed , not necessarily when thought it should have been . One club member saved kgs of sterling silver from yard sales/swap meets and made a profit of 8% in the end. The risk factor of buying the scrap is there also if you do not have a field analytical device that works.[/QUOTE]
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What to do with very small amounts of scrap?
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