Bought myself a couple ounces of silver today. My first purchase,got a 9/11 without even knowing.
(media.greatawakening.win)
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An overlooked source of silver is to go to yard sales and estate sales, and look closely at any wooden chests with flatware in them. Most will be worthless silver plate (dont' buy that) but occasionally you can come across pieces that are marked "STERLING" and have a high silver content and high melt value. Goodwill and other such stores are also possible places to look.
You sound knowledgable about silver and I have a question. I bought two bars of silver, from two different mints in Australia - both seem to be highly popular and legit. Both came with minted bars with a engraving and 999 purity marked on it
Both Silver bought in the same week, came delivered looking different. One looked shiny like stainless steel, another had a dull sheen (that I have associated with Silver growing up).
Few months later (after storing them both packed and in a dark place), the shiny one is still shiny, the dull one still has the dull sheen.
Placing them on a flat surface and gently hitting them with a metal pen - the shiny one makes normal metal noise. The dull one makes a very nice tang - clang noise.
Question: Is one of the bars fake? Anyway to know if its fake? Anyway to know how fake?
Not that knowledgeable about your specific bars, but silver, unlike gold, will oxidize over time, and maybe that is why one looks dull. If you own silver flatware and serving pieces, you probably have had to polish it when it "tarnishes"... i.e., oxidizes. Gold doesn't oxidize, that's why the gold from King Tutxs tomb was still so brilliant and shiny after being buried for 4,000 years.
If the bars are the same size, weigh them. They should be the same weight. If you know a good jeweler, he should be able to assay the bars to determine purity.
Finally, know who you're buying from... there are reputable metals dealers out there and and a few dishonest ones too.
Hope that helps, good luck.
I been checking everything I come across. I have a few sterl8ng 925 jewelry pieces. A 64 quarter.a 2001(i think) silver quarter.
I just bought the pictured coin,a prospector 1 Oz coin and an 1881 Morgan dollar. 29.00 for the 2 silver coins. 32 for the morgan,probably payed too much but I thought it was cool looking and has silver value.
I don't really care if I pay a little more than its valued now cuz hopefully it skyrockets.
The 2001 quarter is not worth much. Make sure all the US coins you buy are 1964 and earlier. After 1964, they started shorting the silver and used base metals.
Yup,I know 64 and older.nickles are a different rule.
The three coins I bought today are the only ones I bought. The quarters I got in my change.
They had bags of quarters and dimes. But I'm not sure about the pricing so I stayed away for now. I was having shiny thing moments and went for the shiny coins.
nickles were never silver except 1942-45 I believe. Nickels were made of...nickel
Read up on American couns to maximize your best purchases.
Good tip, thanks.
Goodwill puts ALL high value items on their auction site where the prices of items ending are closer to retail-with rumors of kickbacks and such. Millions raised off donations with very little return to communities..
Hey, you may be right about Goodwill, but I'm not discussing the merits or lack thereof for that group, only talking about finding sterling silver. I've bought a few things on their auction site (shopgoodwill.com) but am definitely not a huge supporter of it. I decide up front how much I'm willing to pay for some item or other, wait until 1 minute before the auction closes, and then pop in my maximum amount. I either "win" it or not... most often I win the auction using the "sniper" technique.