With the Help of Specialty Metals, You Can Make Money Collecting Silver Contacts from the 1980s and 90s. Here’s What You Need to Know

Silver is currently trading for over $20 per Troy Ounce on the London Fix. That seems like a ridiculously low trading price when you consider the trading prices of Rhodium, palladium, gold, and platinum.

It is tempting to say, “What, 20 bucks an ounce? Why even consider investing in silver?”

But don’t cross silver off your list of potential precious metal investments. The fact is, there really is a simple strategy for making a good return trading in silver:

You inherited a big box of silver tableware a few years ago. You stuck it on a shelf for the last two years and then, when you pulled it out last week and looked at it, you discovered it had tarnished.

Ouch! That beautiful, shiny old silver was gray and oxidized-looking – ugly! But at the same time you were looking at it and feeling disappointed, a number of questions began to race through your mind. Let’s consider what those questions might have been and answer them.

Steel is an inexpensive metal. As you know, it isn’t classified as a precious metal.

So why are there antique items out there that contain both steel and silver? The answer to that question is this . . .

An article in The New York Times on September 28th (“There’s Gold in Them Thar Braes”) reports that a new gold rush is currently taking place in Scotland. That’s right, Scotland. Stephen Castle, who wrote the article, interviewed several prospectors who are currently panning for gold in Scotland. One of the men he interviewed reported that he is actually not hoping to strike it rich. He has a more modest plan for what he would like to accomplish by standing in a stream for hours panning for gold.

We think you will like – and profit from – the information we will give you in today’s post.

We will tell you about sources of gold and silver that many people overlook when they are looking for precious metals.

Because we are a very efficient, active and productive silver refinery, we can answer the following question for you . . .

Why is recycling silver different from recycling gold, platinum, palladium and the other precious metals?

For a couple in New Jersey, it was time to clean out the basement. A corrugated cardboard box they pulled off a shelf contained some interesting metal items they had inherited, but never really examined. They found a small silver-plated candle holder and a sterling silver lid that had probably once been paired with a candy dish or some other bowl.

We’d like to start this post by reminding our readers that silver is a precious metal.

You knew that already, of course, but have you forgotten that you can make a lot of money by recycling silver? If you have, it’s probably because silver is trading at such low prices compared to gold, platinum, rhodium and silver’s other precious brothers and sisters. Silver is not very glamorous.