| Author |
 Topic  |
|
|
GA-Silver
Penny Pincher Member
USA
238 Posts |
 Posted - 05/25/2009 : 08:38:28
|
Hello,
I'm new here. I just started saving pre-1981 pennies. I went through all the change in our house and found app. 50 of them. I also collect silver. I have some older money and some bullion too.
I recently sold some silver that had been extracted from old electric motors. I bought the silver from an individual and resold it to a PM dealer here locally. Has anyone here ever extracted silver from old electric motors?
|
|
|
keys
Penny Collector Member
383 Posts |
Posted - 05/25/2009 : 08:53:26
|
Welcome to the forum GA-Silver.
I didn't know silver could be found in electric motors.
Did you extract the silver from AC or DC motors?
|
I change with the times-
but like silver coins found in your change
I stay the same.
*****************
The United States of America started out as the new Republic of Rome.
Will The United States of America end up as the New Imperial Rome? |
 |
|
|
GA-Silver
Penny Pincher Member
USA
238 Posts |
Posted - 05/25/2009 : 09:01:28
|
| I bought the silver from a "grease monkey" type that is always working on cars, motors, etc. I gave him $60 dollars for it and sold it to the dealer for $80. I know it was silver because the dealer tested it and would not have bought it if it wasn't silver. The dealer said it was silver, but that it had other junk meatls mixed in with it (like lead). The dealer runs a private refinery. The guy I bought the silver from said it came out of older electic motors. |
|
|
|
GA-Silver
Penny Pincher Member
USA
238 Posts |
Posted - 05/25/2009 : 09:03:28
|
Thanks for the welcome Keys. Also, I really don't know if the motors were AC or DC. The mechanic extracted the silver, I just bought it from him.
|
|
|
|
Silver Surfer
Penny Pincher Member
USA
148 Posts |
Posted - 05/25/2009 : 09:34:50
|
quote:
Originally posted by GA-Silver
Hello,
I'm new here. I just started saving pre-1981 pennies. I went through all the change in our house and found app. 50 of them.
1981 cents and many 1982 cents are 95 % copper as well, if I am not mistaken. |
"Of all tyrannies, a tyranny exercised for the good of it's victims may be the most oppressive. It may be better to live under robber barons than under omnipotent moral busy-bodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end, for they do so with the approval of their own conscience." - C.S. Lewis |
|
|
|
GA-Silver
Penny Pincher Member
USA
238 Posts |
Posted - 05/25/2009 : 09:49:32
|
| Since all 1982 pennies many not be copper, I don't save them. Thanks for the heads up though! |
|
|
|
slickeast
1000+ Penny Miser Member
USA
2533 Posts |
Posted - 05/25/2009 : 10:30:33
|
quote:
Originally posted by GA-Silver
Since all 1982 pennies many not be copper, I don't save them. Thanks for the heads up though!
From what I have read from the hand sorters, most of the 82's are copper. They must have switched late in the year.
Save them and get a cheap 10 dollar digital scale and weigh them. 3.1g = copper 2.5g = zinc.
You will fing yourself using the scale for more than just those 82's.
Welcome |
You don't have to be the BEST you just have to be.......SLICK
|
|
|
|
digitalfour
Penny Sorter Member
74 Posts |
Posted - 05/25/2009 : 11:10:44
|
| Besides using a scale the other technique is to see if it makes a ringing noise when it's flicked into the air. AFAIK it only rings if it is copper. |
|
|
| |
Topic |
|
newbie here -PM addict
Forum Locked
