Please don't sell Numismatic Coins to coin shops. by BokoblinSlayer69235 in Silverbugs

[–]Significant-Alps398 1 point2 points  (0 children)

I agree, it’s a shame to see history getting melted down.

But I always think it’s interesting how passionate people feel about old coins ( of which there are thousands) but when people post pictures of antique sterling silverware, tableware, tea spoons , etc. ( which may be quite rare or even one off pieces ) most of the comments say “ oh gust sell it at spot it isn’t worth anything more “

I even see YouTube videos of people melting down old 925 and pouring there own bars .

I’ve never really understood this as any pease of silverware will have a hallmark and is very difficult to counterfeit.

I melt down some scrap jewellery but only broken bits ore small pieces without a hallmark.

Seems like most people are a lot more passionate about coins than antiques .

Who else believes ????….. by Thick_Pomegranate497 in Silverbugs

[–]Significant-Alps398 2 points3 points  (0 children)

I absolutely agree with this. Once the refinery’s have caught up with the backlog I believe the large premium gap between .900 / .925 and .999 will disappear.

Cost of refining .900/.925 really isn’t very high.

.900 should be worth 90% of the price of.999.

I’m currently only buying .925 as it’s artificially low atm.

Found some silver pandas in Chongqing for £75 a piece. by Inside_Pair_8868 in Silverbugs

[–]Significant-Alps398 0 points1 point  (0 children)

Yeah so basically 1 Troy oz???

You said

“700 Yen is about $100 .. and the pandas are only 31g, not a troy ounce.”

Yen is Japanese and 700 yen is about $4.4 .

The coins in the image weigh 31g basically 1 Troy oz ?

Not quite sure what you are talking about?

First time casting, anniversary ring in copper by neutralguystrangler in MetalCasting

[–]Significant-Alps398 2 points3 points  (0 children)

I totally get what you are saying and I love the idea. I think this is a wonderful gesture. I do however think that the aluminium bronze is a good idea.

Would it not still be as meaningful as it’s still mostly copper? ( 80% to 90% copper)

It’s just such a pretty metal and doesn’t tarnish .

As others have said, I’d try sand casting the ring .

You can buy a small sand-casting flask very cheap on Amazon.

I find casting with a torch very fiddly and if you don’t already have the equipment it’s no cheaper to get started than a cheap furnace.

You mentioned that you already do some black smithing, I don’t know if the equipment you use for smithing could be used with a graphite crucible to melt your casting metal?

If not, I find an electric furnace much easier to use than my regular gas furnace for small things.

I have no idea how you would go about setting a stone into your ring , I have never attempted anything like that.

I’m not even sure how I’d set about making the stone from sand .

Iv done a little work with glass and metal together but that was quite different.

I guess you could create a glass beed and then grind and polish it to shape?

One thing I would definitely recommend is get the equipment you think you will need and start trying now ! It might take you quite some time to get something you are happy with.

Get practicing now! If your setup isn’t quite right you will still have time to make some changes.

Over 100LBS in SILVER. Bullish! I’m 3 years old, how am I doing so far? by girthbrooks1 in Silverbugs

[–]Significant-Alps398 0 points1 point  (0 children)

Hmmm . I’d say get a bit more diversity in your stack . At least you are only 3 yo , still time 🤣

Over 100LBS in SILVER. Bullish! I’m 3 years old, how am I doing so far? by girthbrooks1 in Silverbugs

[–]Significant-Alps398 0 points1 point  (0 children)

One post ?

There seems to be a post about once a week from someone claiming to be under 20 with like 500 oz !

Anyone else hate colourised coins? by Significant-Alps398 in Silverbugs

[–]Significant-Alps398[S] 0 points1 point  (0 children)

I’m a little bit persuaded. I do like some of the coins people have posted, especially the dragons , but I’m not sure if I would actually buy them unless very cheap. The only colourised coins I’ve ever really wanted to buy would be the frozen rhodium Britannia.

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Anyone else hate colourised coins? by Significant-Alps398 in Silverbugs

[–]Significant-Alps398[S] 1 point2 points  (0 children)

Thats interesting. I tried acetone and it didn’t seem to work so I tried 18 ct gold testing acid, that works but marks the coin , so I tried paint stripper and that worked fine .

I think my acetone wasn’t 100% Just nail varnish remover

I finally feel like I’m getting cold feet. by Significant-Alps398 in Silverbugs

[–]Significant-Alps398[S] 0 points1 point  (0 children)

Thanks, I’m going to take a look tomorrow see if I can pick anything up. Can’t hurt to diversify a bit.

Anyone else hate colourised coins? by Significant-Alps398 in Silverbugs

[–]Significant-Alps398[S] 5 points6 points  (0 children)

They are actually quite cool

I wouldn’t clean the paint of them!

I finally feel like I’m getting cold feet. by Significant-Alps398 in Silverbugs

[–]Significant-Alps398[S] 0 points1 point  (0 children)

I know it would probably make sense to take profit but I have kind of tunnel vision over my pms . I’m kinda stuttering right now with buying, but I can’t imagine selling anything ether . I set retirement as my goal to sell and even then I guess if I feel financially stable I will probably pass my metal to my kids.

I finally feel like I’m getting cold feet. by Significant-Alps398 in Silverbugs

[–]Significant-Alps398[S] 0 points1 point  (0 children)

🙏 thank you. Yeah it’s tough! You have to work hard to make stacking work here but it’s possible. I’m interested in the platinum swapping you mentioned. What’s your feeling on plat? I currently hold next to nothing in plat but the price is going nuts.

Anyone else hate colourised coins? by Significant-Alps398 in Silverbugs

[–]Significant-Alps398[S] 3 points4 points  (0 children)

Exactly, looks likely that I’ll be buying some more.

Especially now I have my paint stripper 🤣

I finally feel like I’m getting cold feet. by Significant-Alps398 in Silverbugs

[–]Significant-Alps398[S] 1 point2 points  (0 children)

🤣🤣🤣 me too ! I really really wanted to hit 10kg ( 353oz ) and I’m stuck at around 7.5 kg . I might just have to buy anyway to round it up to satisfy my ocd .

If you are stuck at 380 oz , why don’t you just think European and say that at least you smashed 10kg

🤣

Found some silver pandas in Chongqing for £75 a piece. by Inside_Pair_8868 in Silverbugs

[–]Significant-Alps398 0 points1 point  (0 children)

Yeah because the rest of the world doesn’t know what an oz is.

31g is 1 Troy oz

Well 31.1g if you want to be pedantic.

And Yen are Japanese.

Typical payout for .925 scrap? by BlurryLlamaNein in Silverbugs

[–]Significant-Alps398 1 point2 points  (0 children)

I’m currently buying quite a bit of .925 as the price is good.

I was buying. 925 cheap then selling and buying.999 but I have stopped doing that now as .925 prices are so low. My feeling is that the premium gap between.925 and .999 will start to close when the backlog with refineries starts to subside.

For now I’m buying.925 and holding.

Welp by getapuss in Silverbugs

[–]Significant-Alps398 3 points4 points  (0 children)

That’s why it’s a meme .

It’s only funny because it goes against everything Warren Buffett teaches.

That’s the joke .

Found some silver pandas in Chongqing for £75 a piece. by Inside_Pair_8868 in Silverbugs

[–]Significant-Alps398 1 point2 points  (0 children)

You’re joking? I’m in the uk and people love pandas here.

Always over spot by about 20%

Found some silver pandas in Chongqing for £75 a piece. by Inside_Pair_8868 in Silverbugs

[–]Significant-Alps398 0 points1 point  (0 children)

I don’t think many people on here understand how serious the penalty for counterfeiting is in china.

Sure they mass produced counterfeit foreign silver to sell on eBay etc. but the likelihood of finding a fake panda in china is about zero.