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<p>[QUOTE=&quot;Frank, post: 10382731, member: 5421&quot;]I had a bag of scrap and damaged sterling (bent spoons, badly dented stuff that I wasn&#039;t going to have repaired), nothing old or collectible, and yesterday, I went to a jewelry store locally. It&#039;s probably the best/oldest one in our area. I&#039;ve dealt with the owner before, and he gave me a touch over 80% of melt value. The reason, as he explained, is he&#039;s willing to bet that silver continues to go up, and therefore paying me that much is a bargain in the long run for him. He said his connections in the rare metals trade are confident that silver will hit $50/ounce, maybe within a year. Hate I had to part with the stuff I sold, but we&#039;ve got a home improvement project in the works, and needed a bit of extra cash.[/QUOTE]</p><p><br /></p>

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