| The idea of buying scrap is actually brilliant - in case | | | | Chips: same as the above |
| you thought otherwise! It is not always that selling gives | | | | Coins: this is interesting considering that history has |
| the best profits. Buying scrap silver is one of the best | | | | seen silver coins being used as forms of currency. |
| ways of investing and putting your money into | | | | Apart from holding a value for the metal used, they |
| something that guarantees you a high return. | | | | have a great historical value as well! |
| What is scrap silver? | | | | What makes scrap silver unique? |
| It can be defined as anything that has silver in it or is | | | | In simple words, it is the value and the ease of |
| made out of silver. For example, | | | | extraction that makes it a unique metal. Pure metal |
| Broken silver jewelry | | | | extraction from other alloys is not at all easy. Even a |
| Discarded silver wares | | | | child can extract silver from junk - provided he is |
| Dumped printed circuit boards(PCB) - e-waste | | | | guided properly. But before venturing out, we would |
| Silver watches | | | | advise you to do some homework on the type of |
| Silver nuggets | | | | metal to expect and how to identify pure silver from |
| Silver clock parts, etc. | | | | others. One of the main factors that work in favour of |
| These items are mostly junk and can be found mostly | | | | scrap silver is that it's cheaply available in junk markets. |
| in junkyards. But relax, we do not want you to go on a | | | | Investing in scrap silver |
| junkyard hunting trip! There are dealers who sell junk | | | | As already mentioned, this is a high return area. More if |
| and scrap too. | | | | you have the idea to turn a piece of useless silver junk |
| Types of scrap silver available | | | | into something of art! That hardly requires any |
| More commonly, the silver is extracted from these | | | | investment -only your ideas and your brain. Moreover, |
| pieces of seemingly useless junks and later sold at a | | | | if you've found a piece of history, you can properly |
| very nominal rate. One might argue that since gold | | | | market it to earn thousands. |
| gives higher returns; why not try for buying scrap gold? | | | | Other factors to keep in mind are that you need a |
| That is fine, but here we want to discuss about the | | | | good guide first. This area is a field of experienced and |
| lesser known but highly lucrative market of scrap silver. | | | | the more you hunt, the better you'll become. Check for |
| The scrap is mainly available in: | | | | the current value of silver, before going out to buy. |
| Bars: where solid silver can be obtained | | | | And remember on golden rule - buy cheaply and sell at |
| Flakes: mainly from PCBs and other articles where | | | | a higher price! |
| silver usage is minimal. | | | | |