Converting Sterling silver to silver bars
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Converting Sterling silver to silver bars

This is a discussion on Converting Sterling silver to silver bars within the Economic, Precious Metals, Investing, Finance forums, part of the General Discussion category; I want ya'lls opinion on this. I have a bunch of sterling silver that I can change to Silver bars. Is it worth doing this? ...

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Thread: Converting Sterling silver to silver bars

  1. #1
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    Converting Sterling silver to silver bars

    I want ya'lls opinion on this. I have a bunch of sterling silver that I can change to Silver bars. Is it worth doing this?

    And If so Is there any companies yall would recommend to do this.

  2. #2
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    What purpose would you have for turning these items into bullion?
    If you intend to keep them for investment means, to hold on to for a long period of time, then I'd just keep them as they are. Their value won't change by changing their shape.
    If you intend to have silver for trading in a grid down situation, you might look into having them made into different size rounds. These are coins of different sizes that are marked to be a certain weight.
    These would be slightly more usable than a full Troy Ounce bar.
    Dogsrule likes this.

  3. #3
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    How much does this cost to have done? They go by the ounce or what?

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  5. #4
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    When you say a "bunch of sterling silver", what form are you talking about exactly? Jewelry? silverware? etc?
    Without knowing that it's hard to suggest what your best course of action would be.
    "It does not take a majority to prevail ... but rather an irate, tireless minority, keen on setting brushfires of freedom in the minds of men."
    Samuel Adams

  6. #5
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    There are smelters who do this.
    Talk to jewelers, PM dealers in your area for recommendations.
    Be cautious.

  7. #6
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    Sterling silver is jewelry grade silver and not bullion grade. Sterling is only 92.5% silver and the rest is copper or other "junk" metal. I have a lot of sterling in the "beads" that jewelers use to cast rings and brooches. It is recognized as sterling (92.5%) silver and as valuable for trade as any other form. (100 grams of sterling is worth the same as 92.5 grams of .999 pure silver)




  8. #7
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    most Sterling Silver Is Plated So The Amount Of Silver That You Will Get Out Of It Is So Minor The Silver Billion Reclaim Would Not Pay For The Natural Gas To Run The Furnace To Melt it.

  9. #8
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    Quote Originally Posted by alterego View Post
    most Sterling Silver Is Plated So The Amount Of Silver That You Will Get Out Of It Is So Minor The Silver Billion Reclaim Would Not Pay For The Natural Gas To Run The Furnace To Melt it.
    I'm not sure why I noticed it, but I couldn't help but realize you capitalized the first letter of every word... except the ones at the beginning and the end of the sentence.

  10. #9
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    Quote Originally Posted by Kauboy View Post
    I'm not sure why I noticed it, but I couldn't help but realize you capitalized the first letter of every word... except the ones at the beginning and the end of the sentence.
    I Have Some ReAlly WhackySshit Going On With My Cell Phone Auto Correct. It Is Driving Me Crazy And I Can Not Make It Stop.
    Dogsrule likes this.

  11. #10
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    You know I usually agree with you guys or get put in my place.
    But on this one I'm looking at it from the view of a post SHTF bartering kind of man.
    I want to have a trading post and I will accept silver as payment I will also buy your stuff with silver
    if you like-- You can spend it later right here at the trading post.

    But,,,,,, I don't want you Grandmothers tea pot or candle stick holder. I just don't know what it is worth.
    I want to see old us coins or bars.

    So looking at it as silver for prepping I would disagree I think converting the stuff into something more
    recognizable would be a good move.

 

 
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