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n/a
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44 Posts |
 Posted - 12/15/2006 : 19:05:15
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I am considering the idea of buying silver kitchen goods or sterling silver pins, candle holders and broches'.
1. Back in the depression this was considered a way to pay for items
2. You can easily see the markings on most and weighing isn't hard
3. There is no law against melting, if necessary
What do you think of this idea?
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Edited by - n/a on 12/15/2006 19:06:39 |
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n/a
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479 Posts |
Posted - 12/15/2006 : 20:22:17
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I like this idea to an extent.
I use silver spoons and forks to eat off of. Plate is okay if it is new or in good condition, or was "triple plated" to begin with.
Plate that has yellow showing through in the worn spots could be a mild toxin.
I eat off of silver as much as possible.
I took an ounce of 99.9 silver and sawed it up with a hacksaw, then hammered it, then filed the edges smooth. I roll these around in my mouth the entire time I travel by car. I have been injesting small amounts of silver for about one year. I have seen a few colds come around that didn't get me.
If you are buying a manufactured product on the hope of someday melting it, I think the economics of that are against you. If you want bullion, I recommend buying bullion. The law against melting prohibits us from melting US Legal Tender. It does not prohibit melting Other countries currencies here, it does not prohibit destroyuing an ounce of bullion with a saw and a hammer like I did.
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A billiard ball dropped from 1,362 feet (height of the South Tower) in a
vacuum would require 9.22 seconds to hit the ground. How then did the
towers collapse in 10 seconds and 11.4 seconds, and why has not one
member of the mainstream media insisted on honest answers from the
government in this regard?
"The individual is handicapped by coming face to face with a conspiracy
so monstrous [that] he cannot believe it exists."
- J. Edgar Hoover |
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pencilvanian
1000+ Penny Miser Member
USA
2209 Posts |
Posted - 12/15/2006 : 20:48:49
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Sometimes you can find silver jewelry fairly cheap if the seller doesn't know what they have or doesn't think it is valuable. At a charity sale I picked up a bracelet marked 925 meaning it is sterling. It weighs just under a half ounce, a nice buy for fifty cents.
Keep an eye out for any bracelets with foreign coins attached. I bought such a bracelet a few years ago for a quarter and it had a silver 3 pence and a silver canadian dime attached to it.
Keep a lookout for silver and good luck finding bargians! |
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Metalophile
Penny Collector Member
USA
320 Posts |
Posted - 12/16/2006 : 08:29:04
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I don't think the new "rule" applies to old US silver coins, just nickels and pennies. US 90% and 40% are still my preferred way to hold silver. Haven't had any luck finding silver at garage sales.
Metalophile |
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pencilvanian
1000+ Penny Miser Member
USA
2209 Posts |
Posted - 12/16/2006 : 13:40:59
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Finding silver in garage/yard/church sales is rare indeed, i'll admit.
I have only found such nice items by a stroke of luck, but keep a positive attitude, because you never know when good fortune may come your way. |
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n/a
deleted
479 Posts |
Posted - 12/16/2006 : 17:01:51
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Some sterling is really beautiful and some is useful, some is neither.
The most beautiful peices will always be worth more as art than as melt.
Eating off of sterling is healthy and it would be a shame to melt the most useful spoons.
Many of the most ugly or useless pieces were melted in 1980.
I think it is safe to say that each time there is a big melt, 1933, 1980, 2007(?) the stock gets culled and refined.
The "good" sterling is hoarded as artifact and the "bad" sterling is melted.
.................................................
A billiard ball dropped from 1,362 feet (height of the South Tower) in a
vacuum would require 9.22 seconds to hit the ground. How then did the
towers collapse in 10 seconds and 11.4 seconds, and why has not one
member of the mainstream media insisted on honest answers from the
government in this regard?
"The individual is handicapped by coming face to face with a conspiracy
so monstrous [that] he cannot believe it exists."
- J. Edgar Hoover |
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pencilvanian
1000+ Penny Miser Member
USA
2209 Posts |
Posted - 12/16/2006 : 17:19:49
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quote:
Originally posted by Atheist
Some sterling is really beautiful and some is useful, some is neither.
The most beautiful peices will always be worth more as art than as melt.
Eating off of sterling is healthy and it would be a shame to melt the most useful spoons.
Many of the most ugly or useless pieces were melted in 1980.
I think it is safe to say that each time there is a big melt, 1933, 1980, 2007(?) the stock gets culled and refined.
The "good" sterling is hoarded as artifact and the "bad" sterling is melted.
I have been to a few antique shops that prove that this is true.
The antique shops offer some very attractive sterling objects to enhance ones dining pleasure. Not only sterling dinnerware is offered, but silver knife rests, silver tea pots, strangest of all, silver corn on the cob forks (!) nowadays they are made of plastics.
Once I had a book on the many different uses of sterling during the 1880's-1910's.
Silver and silver plate was the norm for just about every concevable dining use, for toiletries and desk implements, you name it, there was a silver object made for its use.
Since so few survived in near perfect condition, those that remain fetch a premium for their beauty. |
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Sterling Silver House Goods
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