/biz/ - Business & Finance

>>59028983
>oh one note, did you usually sell it on ebay or like melt? Before today lol I was doing coins only

This is where my cheapie stacking strategy really comes together. I collect antiques and really love the craftsmanship and beauty of high quality old silver so I keep almost all the good stuff in an ever-growing pirate booty hoard. It could all be melted and refined if necessary but is worth a premium to collectors and is much more enjoyable than basic bullion, kinda like how the value floor of coin collector, libertad or panda stackers' stacks is the melt value but unless SHTF they enjoy numismatic/collector market gains well above spot price too.

For the common, damaged or otherwise undesirable sterling silverware and gold jewelry (for example I'm keeping the 200+ year old creamer but will refine the 10k gold pin) I send it in to get refined into silver bullion bars and 1/10 oz gold rounds by Prospector's Gold and Gems (PG&G) in Colorado, no business license or creds required any individual can do it too: https://prospectorsgoldandgems.com/silver-refining/

There are fees of course but when you're paying a fraction of spot for your scrap the liquidity and premium value added is well worth it, no one will pay top dollar for our crunched up scrap but turn it into based old-school hand-pours and that same silver will be just as desirable and liquid as any other respected bullion products. You have lots of slurping ahead of you before you've got a batch worth sending in but that's what I recommend doing with everything that isn't worth enough of a premium to keep or flip profitably on eBay, good luck and Godspeed anon!

>>56858411
>Modern tokens usually have a bump in the center but in that case I believe it's a tiny divot from the lathe spindle on the face of the die. Before the die was stamped or carved, they'd polish the whole thing on a lathe which left a small dent in the center of the die face and then concentric rings on the face of the thing. Easy to spot on cheap tokens, but never present on official US coins.

Interesting tidbit thanks man, I'll need to go dig out some of my tokens and look for this feature.

>>56840092
>they deleted a couple of solid pmg threads

Some autistic schizo running a data-scraping protocol was shitting up both of those threads, they were polluted beyond hope so getting jannied was an act of mercy. This /pmg/ seems OK though.

>>56831474
>>56831482

Yes that's correct anon, it's the 18 hand-poured 10ozt silver paperweights I've been waiting on! I was only expecting around ~175 ounces back from this last little batch of scrap but I guess some of the alloys were purer than I thought. >Bullion dealers, ASEfags and premium-grabblers HATE this one simple trick that lets anyone stack at well below spot...