Question about Native Silver

xan021 My Profile Registered User : offline Joined: 10-14-07 Posts: 30 Years: Last seen wearing: Diamond My Karma Power: 23 Points: 10	Question about Native Silver Post#1 @ 01-23-09 , 06:32 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?

Michael_E

My Profile

Network Jeweler : offline
Joined: 01-17-03
Posts: 1,906
Years:

My Feedback (23)

Feedback In:	+14	0
Feedback Out:	+23	0

My Store

509-663-6488
Diamonds: 1
Gemstones: 10

My Karma

Power: 256
Points: 19475
Michael_E has a reputation beyond repute

Hits: Out=1898, In=1
Referrals: 3

Re: Question about Native Silver

Post#2 @ 01-24-09 , 02:05 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.

Michael_E signature

Michael E.
http://www.gemshoppe.com
michael@gemshoppe.com

xan021 My Profile Registered User : offline Joined: 10-14-07 Posts: 30 Years: Last seen wearing: Diamond My Karma Power: 23 Points: 10	Re: Question about Native Silver Post#3 @ 01-25-09 , 09:49 PM Thank you!!

Thread Tools	Search this Thread
Show Printable Version Email this Page Submit to Digg Submit to Netscape	Search this Thread: Advanced Search