Hey silver stackers. Apart from trading gold on the stock market I also collect and trade the physical metals as well, so thought i'd share with you some stuff I picked up today. This is my hobby and I love collecting silver.
Today I bought these small scrap items: 2 coins, some jewellery, a sterling butter knife, sterling napkin holder, a sterling sugar holder and 2 ten ounce Sunshine bars. For all the scrap I got them for about 55 cents per pennyweight. Total weight was 70.6 dwt (around 3 ounces), not much but hey it adds up. I should be able to get about 66 cents per pennyweight for the metal value at today's silver price, so about a 20% profit. Not bad! The 2 bars I got them at around spot price, so these i'm definitely keeping. There pretty nice and shiny :)
Whenever I come across any new or unusual silver items again I will do another post. If you got any questions feel free to ask. Keep stacking!!
Follow me @traderyen