I Can Toll Refine .925 Silver For You!

[Anonymous]

Hello members,

During my endeavors with refining silver from keyboard mylars, I've had the opportunity to refine some scrap .925 silver I had with great success. So far I've processed 29 grams of .925 silver and melted and weighed the final silver to 26 - 27 grams. Not much of a loss at all.

So, if you're wanting to have your .925 silver refined for you, I can definitely do it. One more thing to add... I can refine .925 silver in half the time that it takes me to do keyboard mylars. I did mine in about 4 hours at most, but I didn't melt it until a week or so later because of the weather. If the weather is right, I could do it in one day, all the way down to melting and pouring it.

If you're interested in me toll-refining .925 silver for you, here are the terms below.

No# 1. No less than 2 ozT of .925 silver. Please have a scale to weigh your items before sending. I have numerous scales too.
No# 2. Do not send any silver plated material. Right now I'm not working with plated material. I have my own and I need to refine my own first.
No# 3. If what you're sending have any stones and other non-silver items exposed, please remove them as they may be calculated as the weight that you have.
No# 4. You pay to ship the items. I'll pay to ship the silver back to you.
No# 5. We split the silver 50/50.

I've been working with silver more than gold. Although gold yields more, as far as spot price, silver have given me the foundation to understand what I'm doing and how it's supposed to be done. Besides, silver is easier to refine than gold, and it's much faster.

Note: I have refined gold and I have an understanding of the process now, as before I thought I messed up my gold when attempting to process it for the first time. I did good as far as I'm concerned and I made a 24K (acid tested - the best I can do for now) button.

The reason for me wanting to do the .925 silver is because of how fast it can be processed and melted. Plus, silver is underrated and one day silver is going to take off. most people don't believe it though, but I do. It may even match the spot price of gold or other metals in the near future.

If you're interested in me toll-refining .925 silver for you, you can post here and (or) PM me and I'll provide the address to ship the items to.

Kevin

 

[silversaddle1]

Umm, sorry to say, but why would I want to pay you half of the weight and loose money? I could just sell the silver as sterling and not loose anything close to 50%.

Just saying, that's all. Not trying to sound like an ***.

 

[Ocean]

I feel the same.

I could use some sterling refined but would never consider 50%.

Maybe see what others are offering and decide if that is a level you can accommodate?

 

[Anonymous]

Umm, sorry to say, but why would I want to pay you half of the weight and loose money? I could just sell the silver as sterling and not loose anything close to 50%.

Just saying, that's all. Not trying to sound like an ***.

That is true indeed, depending on how you look at it, but I see your point.

* I'm doing this for those that haven't refined, or do not have the desire to mess with the acids involved. Some people rather pay than to deal with the processing.

* It's not a loss at all if a person was to get the items for free, or very close to free. They may not profit *** much, but a profit is a profit. I can see your point if they paid top dollar for the scrap.

* The same as gold, the purer the metal it is, the more it's worth. As of now, pure silver is worth $2+ more than .925 silver. Every $2 adds up. For every 50oz of pure silver you have, that's another $100 for you.

* Many places won't pay you top dollar if you don't have a large amount (4+ oz). By the time you find a refiner, you'll probably end up with the amount you think you would lose, if you have just 2oz or less then 4oz.

* Many people don't have access nor the resources to get in with refiners and have them pay what you say a person can get. They have to profit too, and they won't be paying near spot price, not unless you have quantities and (or) you frequently do business with them.

* Not everyone is hard up for the cash, so to have a toll refiner do some refining for some people is money in the bank to the person needing it done, instead of the cash. Some people don't want/need the cash, but the precious metal itself. Cash has no value, but the metal does, and more than likely, it'll go up in value.

* Depending on the quantity you sell to a refiner, you may not even have enough to buy you a piece of that silver you wanted afterwards. At least with toll-refining, you'll get some silver back. With cash, if you don't have enough to buy the silver, the money will be spent on food, gas, supplies, rent, etc,. until it's all gone. Cash is trash.

Again, I see your point, but this is a service I'm offering others that don't want to refine themselves or simply want to have their .925 silver refined for them for a split of the end product. Not everyone is in it for the sole purpose of making money. Some people are in it to gain wealth. If you can get it for free or close to free, I don't see where anyone will lose.

I know simply selling the items can sometimes bring close to what they may expect (sometimes), but toll-refining can be just as rewarding to those that want some of the metal back in a purer form.

Kevin

 

[Anonymous]

As I wrote my last post, I thought about this.... if what is replied to so far is true to that extent, then it isn't worth it for anyone to toll-refine .925 silver.... period. Because even if I said I'd do it for 10% of the silver,...... not the weight, but the silver from it, I wouldn't get much silver out of it and still, the person is getting close to paying nearly 15% - 20% of their silver. Remember, the weight of the .925 silver doesn't count. The weight of the cemented silver is the fair weight of equally splitting it.

It's strange that keyboard mylars can bring in more than .925 silver when it comes down to refining. I guess it's because of the process involved in processing mylars and no one wants to mess with them.

I guess I've been so excited with doing the refining that I didn't do a complete thought process of a person simply going to sell their stuff to a refiner. I'm glad to know that I have at least accomplished some refining, but now I have to remember the other sources people can sell their scrap to if they don't want it refined. I guess it's all about the money. I can relate to that too.

Kevin

 

[TheGarbageManCan]

Hei testerman.
You may wont to re consider the price of 50%. There is an offer here on GRF that will give you 99,999 silver coins for your scrap silver(in any form), at the cost of only 10%.
Morten.

 

[Anonymous]

Hei testerman.
You may wont to re consider the price of 50%. There is an offer here on GRF that will give you 99,999 silver coins for your scrap silver(in any form), at the cost of only 10%.
Morten.

Yeah... you're right. I've dealt with scrapman and I'd do business with him everytime.

I guess I haven't thought this one out.

I see all points made that I didn't think about.

Kevin

 

[samuel-a]

testerman

I have never offered toll refining for silver, it is never worth it if you do it on a scale lower then 300-500toz a day.... I refine it for my self only. It is my retirement plan. :mrgreen:
Could just as well hand it over to local refinery to have it refined for 3%, but i just like doing it my self.

Good luck!

 

[Anonymous]

testerman

I have never offered toll refining for silver, it is never worth it if you do it on a scale lower then 300-500toz a day.... I refine it for my self only. It is my retirement plan. :mrgreen:
Could just as well hand it over to local refinery to have it refined for 3%, but i just like doing it my self.

Good luck!

Thanks for the reply samuel-a. I believe that's how I've been feeling all along. Even though I've done business with scrapman, and I will again, I forgot about just sending him the silver and get the rounds in return. I guess I jumped the gun on this one.

I guess I'll refine the silver for myself, being as though I got a good feel of how to do it. When I remembered scrapman, I said "Duhhh, I could just send him the silver as is and get a fair return on it".

Once again, I didn't think this one out properly sorry members.

Kevin

 

[Palladium]

That how we learn brother. For future reference though not particularly in this instance but price doesn't always sell your service. I have clients who are more than happy to pay higher than the going rate for refining. Even though my rates are higher the customer finds satisfaction and comfort in the fact that my numbers are always correct and my customer service is outstanding. People have to feel they can trust you as an individual and not view you as a business just out for profit. Don't sell your service, sell yourself and the rest will come.

 

[Anonymous]

I see your point, and it's taken. I'll do that in the future. I can admit that it wasn't solely for the profit, it was to actually refine and learn more about the procedures of it.

Thanks again for all the replies.

Kevin

 

[mikeinkaty]

Yeah, Sterling is selling on eBay almost as if it was 999 silver instead of 925. Of course, there is something like a 10% fee to sell it there between Paypal and Ebay.

I'm a beginner at silver refining but 87-88% conversion rate is the best I've been able to achieve. By that I mean that I recovered that much 999 silver weight from the Sterling weight. Also, my experience with sterling jewelry was not good! I quit buying sterling jewlery because of that.

Mike

 

[samuel-a]

testerman

I'll second everything Ralph said.

Keep at it.
Eventually you will find your niche, i have not doubt about it. 8)