by kansaicanuck » Tue Mar 15, 2016 12:57 pm
LoneStar wrote:Has anyone ever sold gold or silver bars to the local gold shops?
I have dealt with both gold and silver. Although I have never sold .999 bars/coins or Pure silver in PP but have bought and sold both alloyed. The price per karat for say 14k and 18K-which they confusingly call 'Platin' was pretty close to spot. Silver on the other hand was tough to sell and am always quoted terrible prices. Well at first it was great, I was getting better prices for scrap sterling than in North America but the quotes kept getting lower and lower (not according to spot price). This was for Sterling .925 sheet and scrap melted to ingots.
I am pretty sure there are lots of places around buying and selling pure gold around that would be trustworthy. I could ask around ?
[quote="LoneStar"]Has anyone ever sold gold or silver bars to the local gold shops?[/quote]
I have dealt with both gold and silver. Although I have never sold .999 bars/coins or Pure silver in PP but have bought and sold both alloyed. The price per karat for say 14k and 18K-which they confusingly call 'Platin' was pretty close to spot. Silver on the other hand was tough to sell and am always quoted terrible prices. Well at first it was great, I was getting better prices for scrap sterling than in North America but the quotes kept getting lower and lower (not according to spot price). This was for Sterling .925 sheet and scrap melted to ingots.
I am pretty sure there are lots of places around buying and selling pure gold around that would be trustworthy. I could ask around ?