Great Find, Now I need help finding a buyer

[creeper71]

... as I quoted the guy at Midwest said " WE PAY 100% SPOT OF 90% OF THE SILVER CONTENT"

Now I get it
That is Midwest's twisted marketing words to make you think you are getting 100% payout.

Interpreted into honest english: After we refine your silver (and take out the 7.5% base metals) we will take 10% of the pure silver for us and then pay you 100% spot on everything else that is left.

That is a pet peeve with me. I rarely believe anything a big corporation says in any ad.

So when ARA says they pay 90% on silver they are saying the same thing just in a down to earth honest way. NO TWISTING OF WORDS

Yes finally you understand what I was trying to say...sorry for some of my posts it was very fustrating to keep repeating the same thing an no one under standing what I was trying to say..so now you do believe they pay 100% spot?

 

Amazon Forum Fav 👍

Treasure of Victoria Peak - Grab it through Amazon!

[trdhrdr007]

Yes finally you understand what I was trying to say...sorry for some of my posts it was very fustrating to keep repeating the same thing an no one under standing what I was trying to say..so now you do believe they pay 100% spot?

I understand exactly what you are saying now, & if it makes you feel better to look at it that way more power to ya. Mathematically there is no difference between saying "we pay 100% of the value for 90% of the silver you send" & "we pay 90% of spot".......... the problem starts when you say one company is the best place to send your product because they say it the first way, which is the claim your first post made.

 

[ivan salis]

they pay for sterling silver --- 90% by weight which is equal to the 900 pure coin silver price -- which is what most US silver coins are rated at 90% or .900 per 1000 parts pure silver ( however by weight sterling must be 925 per 1000 parts pure silver -- thus by weight irs purer silver than coins by 2 1/2 %) -- say it was 10 oz of sterling silver in weght at 92.5 % (925 per 1000 parts thats equal to 9.25 oz by weight pure silver )-- however you would get paid as if it was 9 oz at 999 pure spot silver price at the time of refining.-- for a loss .25 - --1/4th oz of silver--- at the rate of $28 per oz thats --a $7 loss on each 10 oz of sterling "processed". -----.70 per oz

 

[cdltpx]

Cyberdan, with your knowledge, you could write a book or two, filled with your tips & tricks. Book to be a limited edition to T-net members only, signed of course. LOL. I would like one of the first.
I do appreciate your and everyones helpful knowledge, I just wish there was an easier way to find it all when needed. T-net has some of the best people anywhere.
Thanks

If you do I want a copy you have the goods second thought please dont write a book then none of the good stuff will ever make it to a yard sale or be sold at the thrift stores.