Scrap silver meltdown price

Price set to go much higher soon.

depends on where you sell it. put it on ebay and you will get very close to spot price however after fees you will be down about 10% you can except to clear aleast 1550 1600. otherwise you have to take it to a metal buyer and will be lucky if you can find one to give you 75%.

Prolly not, duder. More than likely it is plated, not pure silver. For your sake, I hope it is, but I very much doubt it. Silver is weighed in Troy ounces and pounds (12 Troy ounces to a Troy pound). 6 lbs of pure silver is 8 lbs Troy. 8 pounds Troy is 96oz. So theoretically, the melt value would be even greater than 1800, assuming that the dish is .999 silver, which I highly doubt that it is. Good luck all the same. I would sit on it as long as you can. Someday the metal market is going to bust loose, but not today.

If it is sterling silver (.925), then your 6 pound tray is worth $2,218.

According to this site:

[link to silverrecyclers.com]

google "sterling hallmark" to see the mark you're looking for.