Round Four of Scrap Sterling Heading Out

It's time to send off the latest haul of scrap Sterling to the refiner. A lot of it was necklaces, chains, bracelets and some rings. It seemed like a pretty good haul.

A lot of it was still in decent shape. I found a couple unique pieces that were in good shape, so I saved them for myself. I'll feature those in a separate post.

In total, I'm sending off 760 grams of scrap Sterling. The refiner takes 10-15%, so I'm hoping by the time I get it back I'll have around 18 ounces of silver in one ounce silver bars. Fortunately, it seems the processing time has come down and they're quoting about a month, so hopefully I'll get it back soon! Who knows what silver prices will look like in a month. At the rate they're going, they'll probably be around $75/ounce, but I'm hoping they'll be higher by then.

1000017156.gif

1000033547.jpg
Buy DUO and stake to receive Hive dividends, tip others, have your posts curated, and grow Hive!
https://tribaldex.com/trade/DUO
https://hive-engine.com/trade/DUO




Do you like stacking gold and silver?

Are you new to Hive, or know someone new to Hive, and want help and support?

Have you been on Hive for a while and want to help new Hive members? Join HOC and help us grow Hive and encourage new members!

Posted Using INLEO

Sort:  

This just shows that the supply chain is still having issues, just more issues than yesterday. Another sign that the silver market will have it's day of reckoning when there isn't enough silver to meet demand.

Keep on Scrapping/stacking!

!PIMP

Yeah, it's crazy how much of a backlog we're still seeing. Oh well. I'll take what I can get while I still can. 😁

!BBH
!PIZZA
!ALIVE
!PIMP

Now I'm hearing that China is with holding shipments of Sulfuric acid that will put another kink in gold and silver refining aside with other applications including Chemistry Classes (I sucked at chemistry) outside China.

!LADY

Yeah, I'm sure that'll make things even more interesting. Fun times ahead! !LOL

!BBH
!PIZZA
!ALIVE

You received an upvote of 96% from Precious the Silver Mermaid!

Thank you for contributing more great content to the #SilverGoldStackers tag.
You have created a Precious Gem!

PIZZA!

$PIZZA slices delivered:
bulliontools tipped itharagaian
bulliontools tipped bozz
@bulliontools(1/20) tipped @kerrislravenhill (x2)

Send $PIZZA tips in Discord via tip.cc!

!ALIVE

Your post has been manually reviewed for curation by the Principality of Bastion.

separator2.png

Ithara Gaïan
Principality of Bastion - Our Leit Motiv? Uniti Crescimus.

Principality's site | Principality's Discord | Our Twitch Channel

You may TRAIL this account if you like the curation we do, or join our discord to know more about what we do.

If you like music, you may find me on : Apple Music / Spotify / Tidal / Deezer / Youtube Music / ...

separator2.png

Thank you!

!BBH
!PIZZA
!ALIVE

Wow, that looks like a nice haul. Hopefully you are making a good profit on it!

Thanks! We'll see what I get back, but I'm hoping I'll end up with around two ounces of silver left for myself at a cost of about $60. 🙂

!BBH
!PIZZA
!ALIVE

Two ounces at a cost of about 60 Fiat USD’s, is a good deal, but for the same 60 Fiat USD’s, I can end up with $60 in Circulating U.S. Silver Coins… Your Two ounces will get you $18.00 in our New Silver Coins…