Need an approximate value on a 25 ounce Sterling Silver medal set.

TennesseeDave · July 9, 2012 10:02AM

I have a freind that needs to sell this set and I need to know a fair(for both of us) Buy price for 25 1oz. Sterling silver Space medals from the Franklin mint circa 1989. I assume they are mainly valued for the silver melt value. Any help will be greatly appreciated.Thanks.

cohodk · July 9, 2012 11:22AM

$472.62

OPA · July 10, 2012 12:21AM

25 x 27.24 (silver spot) x .925 = $629.92

Mission16 · July 11, 2012 4:25AM

Actually, sterling is generally discounted when it comes to selling it.

coindeuce · July 30, 2012 11:52AM

<< Actually, sterling is generally discounted when it comes to selling it. >>

Best rate I've ever been able to secure for sterling in any form is 82% of spot for the gross weight. No one pays anywhere near full melt for sterling. Too costly to recover to a pure form.

Coulport · July 30, 2012 1:00PM

<< 

<< Actually, sterling is generally discounted when it comes to selling it. >>

Best rate I've ever been able to secure for sterling in any form is 82% of spot for the gross weight. No one pays anywhere near full melt for sterling. Too costly to recover to a pure form. >>

I'll second that.
I do have a dealer buying sheet that quotes 88% for private mints. Then you have to ship the stuff.

CyberspaceVoid · July 30, 2012 10:20PM

<< 

<< 

<< Actually, sterling is generally discounted when it comes to selling it. >>

Best rate I've ever been able to secure for sterling in any form is 82% of spot for the gross weight. No one pays anywhere near full melt for sterling. Too costly to recover to a pure form. >>

I'll second that.
I do have a dealer buying sheet that quotes 88% for private mints. Then you have to ship the stuff. >>

For silver I get 90% of spot. Ya gotta shop around

WinPitcher · July 31, 2012 3:02PM

500.00

Baley · July 31, 2012 6:03PM

Here is a completed ebay auction but there are no pictures, how do they look?

edit: this is from the auction: The weight of these medals are 23.6 grams, that's about 0.76 troy oz. And they are sterling silver, so the pure silver content is 0.76*0.925=0.703 troy oz per medal

MsMorrisine · August 2, 2012 12:33AM

<< 

<< Actually, sterling is generally discounted when it comes to selling it. >>

Best rate I've ever been able to secure for sterling in any form is 82% of spot for the gross weight. No one pays anywhere near full melt for sterling. Too costly to recover to a pure form. >>

??? Too costly?

and 90% has less silver than sterling and gets a price closer to spot????

AUandAG · August 5, 2012 1:48AM

<< 

<< 

<< Actually, sterling is generally discounted when it comes to selling it. >>

Best rate I've ever been able to secure for sterling in any form is 82% of spot for the gross weight. No one pays anywhere near full melt for sterling. Too costly to recover to a pure form. >>

??? Too costly?

and 90% has less silver than sterling and gets a price closer to spot???? >>

Actually, yes. 90% (coins) are usually not melted. Why melt them as they are so well accepted. Sterling Space
medals on the other hand could sit in a dealers display for years as the demand for such would be very low. So,
melting them is the best option. However, the refiner is not free and that has to be taken into consideration. So,
that's the main reason that 90% is a lot closer to spot.

bob

Need an approximate value on a 25 ounce Sterling Silver medal set.

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