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cachukis

(3,984 posts)

2. As a retired antiquer, my penchant for silver has been

Reply to LuckyCharms (Original post)

Thu Jan 29, 2026, 11:02 AM

Jan 29

aging in cabinets. I took a standard 8 piece setting to a travelling gold and silver group to see what they might offer.
I had 64 ounces. After trying to play with weights they came up with first, an offer of $663.00.
I told them I declined and started to pack up.
She came back with $1,364.00.
I showed her the spot price yesterday at $112.00 and presented a silver value calculater. Even taking a sizeable profit they should have offered considerably more. Her response was that they have expenses like travel, insurance, salaries and so on.
Were they trying to cover it all with my 64 ounces?
Fortunately, I have old friends still in the business who pay well.

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dameatball

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Highlight:

Silver has topped $120/ounce, and for the first time ever... [View all] LuckyCharms Jan 29 OP

Likely sign of a bubble Fiendish Thingy Jan 29 #1

As a retired antiquer, my penchant for silver has been cachukis Jan 29 #2

May I ask a question of you or of others knowledgeable about trading silver? Mister Ed Jan 29 #3

You are required to pay a capital gains tax on the cachukis Jan 29 #4

Thank you so much! That's very helpful. n/t Mister Ed Jan 29 #5