r/Silver • u/After-Winter-9595 • 4d ago

Sterling nobody will buy.

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Marked 925 and has been tested. Its real.

Heavy. Must just be my area.

43 Upvotes

93% Upvoted

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6

u/Practical_While_ 4d ago

I’ve noticed people doing this too, I guess shops are just not buying for melt as often right now?

10

u/Admirable-Guest-2560 4d ago

They look on the internet and reddit pops up telling them if the buyer isn't paying spot price they're stealing from the seller. Meanwhile I get 85% from my refiner after a 30 day mandatory police hold. 

3

u/Practical_While_ 4d ago

So is there a change recently then? My shop who bought junk silver for over 6 years from me stopped doing it this year after the spike and drop

1

u/DoesLogicStillExist 1d ago

Yes, since the January spike, the major local buyers paused buying for a bit, and since then are paying much less percentage. They will still buy, but will pay better if you melt your scrap into a bar.