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Re: Tonight's Auctions

By: Decomposed in 6TH POPE | Recommend this post (0)
Sun, 24 Sep 23 6:05 AM | 30 view(s)
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Msg. 46057 of 60008
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Another interesting win was this one for $27 (plus 15%). It's a bit of gamble. Is the plate REALLY Sterling Silver? I don't have anything to go on except the auction house's statement that it is. Sterling silver, by definition, is 92.5 percent silver, so it's worth a lot more than $27 if they described it correctly.

But it might be that the auction house is dishonest or incompetent - in which case I got ripped off.

Sterling silver merchandise is normally labeled as such. My wife dropped off the plate at the other house today so I'll have to examine it for the marking on another day.





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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months


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Re: Tonight's Auctions
By: Decomposed
in 6TH POPE
Sun, 24 Sep 23 5:46 AM
Msg. 46056 of 60008

We had a few interesting auction wins this afternoon. For a change, the auction house allowed for same-day pickup. It wasn't a long drive, so that's what we did.

For $26 (plus 15%), we won two coin sets: • Five state quarters, • A 13-piece U.S. Mint Silver Proof Set from 2016.

The five state quarters are collectible, but I'm not a collector. They're only worth $1.25 to me. The other set has 1.473 troy ounces of fine silver (a second source says 1.33826 troy ounces) and is accompanied by a certificate of authenticity. At today's spot price, the silver alone is worth $35.35, so it was a good purchase. Silverrecyclers.com says the set sold for $52.95 when it was issued, and that "The 2016 S silver 13-piece proof set in its original government packaging is worth around $115."



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