Hey all and thanks for stopping by
Tonight I decided to try to find some different places to check out silver and try to find some deals.
So off I went to good ol eBay to have a little look at what was on offer.
https://i.ebayimg.com/images/g/3GYAAOSwNGpm11B8/s-l1600.webp
This find was one of the first I came across which is listed as .925 sterling silver. Listed at 32 grams total weight, doesn't seem like a lot but it's early days on the listing. Sat at 6 days and starting price of £0.99.
With the prices things were listed and selling at, I thought it would be wise to find somewhere that buys sterling silver at a scrap price level.
I came across BullionByPost who buy said scrap sterling silver. Their prices are on a range of different weights, more weight more value.
Weight (g) Per gram
5kg+ £0.55
1kg to 5kg £0.54
500g to 1kg £0.50
0 to 500g £0.44
After looking for a few hours on ebay I came to the conclusion that it would be utterly mental to even consider buying things on ebay at these prices.
Also after discussing this with a friend, I found that sterling silver fakes are rife to hell. I am getting better with silver bullion as I now have more tools and a bit better skills at noticing fakes.
I'll keep an eye out on any cheap bundles I can find at a later date and think it might be a new venture I try. Will it be successful?
Probably not, but it will be a good learning lesson but time will tell how I get on.
See you all around soon and thanks for stopping by
If you are interested in finding out more about stacking or just want some cool people to chat to come join the Discord: SilverGoldStackers Discord
Posted Using InLeo Alpha
