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Old xan021

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Question about Native Silver
Quote this post and reply to it Post#1 @ 01-23-09 , 07:32 PM


This guy wants to sell me some native silver. The spot price on silver is about $11.00-$11.30 an ounce. How much should I offer him? I never dealt with native silver before and I want to melt it and sell in bars of 1 kilo.
Can anyone give me some insight on how I should proceed?

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Re: Question about Native Silver
Quote this post and reply to it Post#2 @ 01-24-09 , 03:05 AM


Quote:
Originally Posted by xan021
This guy wants to sell me some native silver. The spot price on silver is about $11.00-$11.30 an ounce. How much should I offer him? I never dealt with native silver before and I want to melt it and sell in bars of 1 kilo.
Can anyone give me some insight on how I should proceed?


I'd get an adequate assay before doing anything. "Native" silver is often a natural alloy of silver and a lot of other things, including mercury. Sniff a little of that stuff while melting it and you will regret it...permanently. On the other hand if it is in the form of attractive crystals it may have a higher mineralogical value as specimens than it does as ingots.


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Re: Question about Native Silver
Quote this post and reply to it Post#3 @ 01-25-09 , 10:49 PM


Thank you!!

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