I've got quite a bit of scrap silver and gold and have been trying to figure out where to sell it. Pawn shops or the gold buying places always (deeply) undercut. I called a guy from a local craigslist ad that said he pays well for scrap silver. He said he pays $17 per troy ounce. Well when silver was at $30.....that didn't sound to good to me. So I've been watching ebay and prices they are getting are right in line with the (dealer) market. I've pretty much been bouncing from calculator sites and the jack hunt coin broker is the one I finally bookmarked. I use it religiously!
I've been checking weight/prices/market value and I think lb for lb it may be the best best, but........
I've noticed that most folks start many silver scrap lot auctions at .99 and let the buyers do the rest. I'm too cowardly to just step off the ledge. What if I don't get what I want? I've yet to see a lot with a reserve. Doesn't seem that the BIN attracts much attention, perhaps they're asking over market value....
Any of you guys ever peddle your metals on ebay?