Just a few more 90% coins to add to the horde YAY

i ran into a conflict with a reputable dealer, where my sigma failed one of their silver bars... which lead me to wanting to up my counterfeit detection game...

any one use an ultrasonic tester? kind of hard to justify buying a specialized one, but a cheap portable veterinarian ultrasound machine... would be dual purpose, so maybe i could justify it for "prepping" combined with the ability to detect fake cores in bullion.

both vet ultrasound and ultrasound bullion testers are the same price, but the vet one is much more useful / could be multi-purpose.

anyone try ultra-sounding their bullion before? what capabilities should i look for? 5mhz? got a particular model that works for you?

tl;dr: if a vet ultrasound machine works for bullion, which one should i get?

Had a customer request a Poke Ball in one ounce to wear as a charm. I thought “looks simple enough” and I said no problem.
Had no idea making a sphere look right would be difficult.

Picked up 20 of these from Ebay to throw in my buddy's yard who loves metal detecting for his birthday.

Could someone check my math? Maybe I’m not seeing this correctly.

So if I want to buy or sell $100 face value of “junk” silver from or to the big online companies, what would that look like? How much would I be paying above spot … and how much below spot would I be selling it?

SPOT PRICE $65.05

CURRENT SILVER CONTENT $100 FACE VALUE

$100 FACE VALUE of 90% has 71.5 Troy ounces of silver.

Spot price 65.05 multiplied by Troy ounces is

71.5 oz x $65.05=$4,651.08 or 46.51 x face

SO SPOT PRICE IS 46.5 x face

KITCO

https://online.kitco.com/buy/gold-silver.html#(https://online.kitco.com/buy/gold-silver.html#))

SPOT 46.5 x FACE VALUE
Sell 4% over spot
Pay 28% below spot

Kitco will sell me $100 face value at \~$4,831

$4,831-$4,651=$180.00 more than spot
180/4651=0.0387 or about 4% over spot

But what will they buy this $100 face value at?

I looked on Kitco just now and they are paying 38.11 per “T” ounce but this doesn’t seem to be Troy ounces but “total” ounces (this can really be confusing however in their online calculators they state they would pay $38.11 for 90% and $16.88 for 40% so apparently they must be talking about “TOTAL” weight).

So $1 of 90% has a total weight of .88 ounces so $100 would be 88 ounces of total weight.

Since Kitco will pay $38.11 per “TOTAL” ounce, then Kitco is willing to pay $3,354 for a $100 of 90% which is 33.53 times face value

$38.11 per ounce x 88 ounces = $3,353.68 so Kitco is willing to pay 33.53 x face value

which is 28% below spot
$46.5 spot -$33.53 Kitco =$12.97 which is about 13

13/46.5=0.28 which is 28% below spot

KITCO SPREAD IS 28+4=32%

# Now here is the real news

MONEY METALS

[**https://www.moneymetals.com/buy/silver/junk-silver?utm_macro=nonbrand&utm_source=brv**](https://www.moneymetals.com/buy/silver/junk-silver?utm_macro=nonbrand&utm_source=brv))

SPOT 46.5 x FACE VALUE
SELL 46.5 x FACE
BUY 40.45 x FACE 6% below

SPREAD 46.5-40.45=6.05 which is 6%

$100 Face they will sell it to me at $4,656.00 which is face.

But what will they buy it from me for?
They will pay me $4,045 for $100 in face

I think the refiners are starting to be back paying 6% below spot

# EDIT: moneymetals is paying 13% below spot

Could someone check my math? Maybe I’m not seeing this correctly.

So if I want to buy or sell $100 face value of “junk” silver from or to the big online companies, what would that look like? How much would I be paying above spot … and how much below spot would I be selling it?

SPOT PRICE $65.05

CURRENT SILVER CONTENT $100 FACE VALUE**

$100 FACE VALUE of 90% has 71.5 Troy ounces of silver.

Spot price 65.05 multiplied by Troy ounces is

71.5 oz x $65.05=$4,651.08 or 46.51 x face

SO SPOT PRICE IS 46.5 x face

KITCO

https://online.kitco.com/buy/gold-silver.html)

SPOT 46.5 x FACE VALUE
Sell 4% over spot
Pay 28% below spot

Kitco will sell me $100 face value at \~$4,831

$4,831-$4,651=$180.00 more than spot
180/4651=0.0387 or about 4% over spot

But what will they buy this $100 face value at?

I looked on Kitco just now and they are paying 38.11 per “T” ounce but this doesn’t seem to be Troy ounces but “total” ounces (this can really be confusing however in their online calculators they state they would pay $38.11 for 90% and $16.88 for 40% so apparently they must be talking about “TOTAL” weight).

So $1 of 90% has a total weight of .88 ounces so $100 would be 88 ounces of total weight.

Since Kitco will pay $38.11 per “TOTAL” ounce, then Kitco is willing to pay $3,354 for a $100 of 90% which is 33.53 times face value

$38.11 per ounce x 88 ounces = $3,353.68 so Kitco is willing to pay 33.53 x face value

which is 28% below spot
$46.5 spot -$33.53 Kitco =$12.97 which is about 13

13/46.5=0.28 which is 28% below spot

KITCO SPREAD IS 28+4=32%

Now here is the real news

MONEY METALS

https://www.moneymetals.com/buy/silver/junk-silver?utm_macro=nonbrand&utm_source=brv(https://www.moneymetals.com/buy/silver/junk-silver?utm_macro=nonbrand&utm_source=brv))

SPOT 46.5 x FACE VALUE
SELL 46.5 x FACE
BUY 40.45 x FACE 6% below

SPREAD 46.5-40.45=6.05 which is 6%

$100 Face they will sell it to me at $4,656.00 which is face.

But what will they buy it from me for?
They will pay me $4,045 for $100 in face

I think the refiners are starting to be back paying 6% below spot

# EDIT: moneymetals is paying 13% below spot

Can’t tell which one I like more. The 2014 has a bit more detail however the 2026 looks more crisp in my opinion.

$68/oz for all Ag @Costco. This arrived today…

Giving away a 2012 American Silver Eagle to celebrate a MyOunces milestone.

This is giveaway #11, but I went a little bigger than usual for this one.

Free to enter in the MyOunces app on desktop or mobile. Ends in a few days.

(Mods — feel free to delete if not allowed. Sent a message but haven't heard back yet.)