/biz/ - Business & Finance

>>27833801
>I’m autistic

Me too, but only when you eventually realize that tarnished silver is just as good as minty virgin silver will your autism become useful.

>>27094807
Here is photo from one of his hunts on ebay. I wish I wrote down what he was doing exactly.

>>27087602
>>27087331

Thanks frens, much appreciated.

>>26116383
>I think that's much more interesting than modern sterling. Stuff with a history to it is usually better

Thanks for the comment fren, even among stackers the pursuit of scrap is niche so I like reminding and encouraging anons to keep their eyes open by sharing examples of what I look for and buy. I thought the 1830 foot-long spoon was pretty cool, was happy to win that lot. Collector value for most of that 18th-19th century English sterling is minimal so much gets melted but I love old things generally so can't justify scrapping nice Georgian pieces.

Evidently the seller I got the spoons from this morning listed another similar cheapie batch of spoons shortly thereafter but someone else grabbed it. Plenty to go around still in spite of the competition.

>>25620672
Absolute royal SilverChad reporting

Those scrap ounces add up.

>>25423775

Now you anons may rightly ask

>WTF am I going to do with a pile of illiquid silver scrap?

The nice stuff you keep and use so you can dab on normies while drinking from based chalices and feasting from silver platters, but the actual junk you break down and pile up to send into a precious metals refinery so you can get ingots returned.

>>23432994
>it's fucking addicting. It's not even really money wasted either but I need to chill lmfao

Addicting as a slot machine that always pays out more than you put in (i.e. more addictive than crack). I keep blowing my cheapie stock dry powder on cheapie scrap instead, only way to resist that instant fat ROI is to not even search.

>>23367510
Gibs price dump so I can justify buying some more constitutional

>>23285255
Did I hear Maguire say that they may be stacking silver as a secondary component of a gold-backed Yuan, or was I just falling asleep and imagining things?

Anyway, I think it's fascinating that China has sent out it's worker ants to collect silver Dore directly, it's a huge shift and among other things suggests that China has no faith in the continued functioning of the wholesale bullion market as it exists today.

2 primary reasons I kicked scrapping sterling into overdrive this spring was to save lots of money and to ensure I could actually maintain consistent access to more silver. The March bottom was insane and while I was fast and managed to load up, the evaporation of basically all inventory within a few days scared the crap outta me. It probably terrified industrial users even more. I wasn't about to let myself get cucked out of further piles of cheap silver so shifted to less immediately liquid but still perfectly good scrap sources so I could bypass the fickle and inconsistent physical market.
In spite of their antics the Chinese aren't stupid; I'm sure they saw the writing on the wall and decided to reposition and bypass the unreliable bullion markets. Going directly and buying raw silver from producers would confer enough of an advantage to be worth setting up now if they're confident that the existing official exchanges will shit themselves soon. And now that the former flow of product into western refineries has been disrupted by China restructuring it's silver sourcing strategy, that anticipated exchange default will be happening even sooner right?

To those considering gambling with your physical stack in hopes of buying it all back plus more during a market crash... Don't do it frens it's a trap.

Not a bad price for a sterling silver chalice if anyone is looking for some patrician drinkingware.

https://www.ebay.com/itm/363141333816

>>23208022
>got jewed on the cake cutters.... Steel blade and tang, with a sterling shell handle and stuffed with some kind of resin

Crappy man sorry if I contributed to leading you astray.

The sterling handles are always hollow shells (except for the small solid butter spreaders) and there are a few things you apparently didn't know I'll outline.

Sterling handle dinner knives (and sterling handle carving knife/fork/steel sets) are the heaviest and thickest because they were used frequently and are decently sized. Smaller luncheon knives and sterling handle butter spreaders yield successively less.

Most commonly the handles are filled with a pitch/resin, sometimes cement which I split off with scrapping axes/chisels. More common for the older ones is sometimes they're hollow and just soldered to the tang so I melt those off with a blowtorch and tap out the melted beads of solder. The actually hollow handles tend to be pretty sturdy and yield nicely

When you get to fancy cake cutters and breakers, pie servers, cheese spreaders etc. They were usually made with a thinner silver shell handle than anything else because they weren't frequently used or subjected to much abuse. Avoid the tiny European fruit or tea set forks and knives like the plague because they are retarded and only yield 1-2g each, literal foil-tier garbage.

Very roughly, handles from carving sets yield 20-30g, dinner knives 18-22g, luncheon 14-18, butter handles ~12g, and the different cake/serving handles 8-12g.

A very rough outline with differences of style and manufacturer being important, but that is a good start, and if those spoons were a good deal definitely grab them, good luck!

>>23180014

Alright cool man thanks. Yeah, old 14k gold fountain pen nibs, other nibs were made using PGMs maybe in the very top but I'm not sure. Sometimes one comes across bags of old pens with gold nibs or little cases of loose nibs with gold ones mixed in. I always thought it was an interesting source.

Regarding selling on eBay, there is good money to be made in countless products. I made fat loot selling Chloroquine Diphosphate until they shut it down near the end of March and then bought lots of cheap silver with the proceeds, it was an interesting time of year lol. Just search through eBay, see what chems and elements are actually selling, and if you can get it cheaper then you're in business!

>>23148326
>Monero or other privacy focused coins are a good bet

Nice, that's another little position a good friend convinced me to get. I appreciate the explanations anons but basically every bone in my body tells me that crypto is some sort of insidious trap that I can't quite understand, perhaps I could write it off as a basic "grug like to hold shiny rock, no like shiny rock promise Grug can't see" instinct manifesting, but looming CBDCs aren't likely to be kind to their competition either.

Hopefully I'm wrong but I expect an absolute bloodbath in crypto as the exigencies of a crumbling reality crash into the fragile global crypto ecosystem and it's underdeveloped foundations, support structures, and undersaturated globally scattered user base. If the decadent comfortable postindustrial world kept going another 10 years perhaps the use-case and functionality of some crypto platforms would have been proven well enough for actual widespread acceptance, but from Grug's perspective the global monetary/economic apocalypse is coming too early and because the cryptoverse is yet fragile and young and still fuelled more by hopes and dreams and poojeet promises than any demonstrably viable widespread adoption or real functionality in the hellscape we're heading into (functionality in the world of 2019 doesn't matter anymore) cryptos overall will implode and crash spectacularly leaving very few standing.

Put metaphorically, I sense that the exigencies of reality are forcing cryptos to prove themselves before they can actually "work". It's like a tsunami swamping a shipyard before the ship is ready and destroying it, even though it would have floated and survived if there was more time to finish building the ship and training personnel before that tsunami arrived.

It all spooks Grug.