It seems like the best deal currently available on apmex for silver is one kilo of silver "bb's" .999 fine for .49 cents per ounce over spot. You can get batter deals for a bigger quantity but for my money that seems to be the best. But my question is, besides ebay, how would one go about selling it when silver goes back up?
melt, pour and stamp it? Give it to tmaring to make coins out of it? YOU know the purity, but how could another buyer from you know in shot form unless in a sealed, marked bag? Then, my guess id its .999 fine and would sell for market value at the time
The silver [is] mine, and the gold [is] mine, saith the LORD of hosts. Hag 2:8 [/b] He created it. He controls it. He gave it to us for His use. Why did we turn from sound scriptural currency that PROTECTS us?
There in lies the problem, I would want to break it down to sell in smaller amounts so it would be hard to prove it was .999 silver. And sending it somewhere to get made into bars or coins would greatly diminish any profit.
What is the melting point for silver anyway? I know smelting and such would be difficult for an amatuer regardless of the metal type, but is silver one of the "easier" metals to melt and make into bars?
The melting point for silver is 1763.20°F. Don't try this in your kitchen.
That's what I was thinking. A little to hot for your Bic as well....
Deal
Live free or die. Plain and simple.
"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your council or your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen." - Samuel Adams
Silver Shot a good investment?
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Posted - 08/17/2008 : 15:04:58
