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Is there a value difference between 925 and 999 silver in the market?
Wiki User
∙ 13y ago
for sterling, my benchmark is kitco, which buys sterling scrap (>100 oz) a quick bit of math shows that their buy price for sterling is 83% of the price for pure silver, even though sterling silver contains about 93% of the silver. while that's an unattractive ratio, bob is absolutely right that, as long as the spot price rises, you can realize a profit. my suggestion, if you are going to proceed with buying sterling, would simply be to familiarize yourself with the realities of selling the silver you buy, what kind of return relative to the spot you can secure, and use this knowledge to evaluate your maximum bids along with your outlook, time frame, shipping costs, and risk tolerance.
Wiki User
∙ 13y ago
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