# Where would I sell a large hunk of silver? With pictures **URL:** \ **Category:** Factual Questions\ **Created:** [July 16, 2005, 5:58pm UTC](https://boards.straightdope.com/t/where-would-i-sell-a-large-hunk-of-silver-with-pictures/312816 "2005-07-16T17:58:36Z")\ **Posts on this page:** 20\ **Page:** 1
**Author:** ![Phlosphr](https://avatars.discourse-cdn.com/v4/letter/p/c68b51/32.png) [@Phlosphr](https://boards.straightdope.com/u/Phlosphr)\ **Post date:** [July 16, 2005, 5:58pm UTC](https://boards.straightdope.com/t/where-would-i-sell-a-large-hunk-of-silver-with-pictures/312816/1 "2005-07-16T17:58:36Z")
I have several large pieces of silver boullion from an estate that I would like to sell. However, I do not know where to sell such things? I’m not sure if I go to a pawn shop, jewelery store, or what? [Here](http://www.tulving.com/100ozEngBar.jpg) is a pic of the type of bars I have. They are of no sentimental value, right now they are just big hunks of silver. Any idea where to sell these? I’m in Phoenix. I know this is a rather obscure thing to ask but hey, when obscure things come up what better place to ask than here 🙂 ---
**Author:** ![Bryan\_Ekers](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/bryan_ekers/32/183_2.png) [@Bryan\_Ekers](https://boards.straightdope.com/u/Bryan_Ekers)\ **Post date:** [July 16, 2005, 6:05pm UTC](https://boards.straightdope.com/t/where-would-i-sell-a-large-hunk-of-silver-with-pictures/312816/2 "2005-07-16T18:05:20Z")
Take it to a coin dealer. ---
**Author:** ![Fear\_Itself](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/fear_itself/32/19637_2.png) [@Fear\_Itself](https://boards.straightdope.com/u/Fear_Itself)\ **Post date:** [July 16, 2005, 6:29pm UTC](https://boards.straightdope.com/t/where-would-i-sell-a-large-hunk-of-silver-with-pictures/312816/3 "2005-07-16T18:29:06Z")
Check the prices on eBay first, then compare to what the coin dealer offers you. ---
**Author:** ![Phlosphr](https://avatars.discourse-cdn.com/v4/letter/p/c68b51/32.png) [@Phlosphr](https://boards.straightdope.com/u/Phlosphr)\ **Post date:** [July 16, 2005, 6:33pm UTC](https://boards.straightdope.com/t/where-would-i-sell-a-large-hunk-of-silver-with-pictures/312816/4 "2005-07-16T18:33:46Z")
Looks like a local coin shop will give me $65 USD per bar. Thanks a bunch folks! ---
**Author:** ![Dag\_Otto](https://avatars.discourse-cdn.com/v4/letter/d/439d5e/32.png) [@Dag\_Otto](https://boards.straightdope.com/u/Dag_Otto)\ **Post date:** [July 16, 2005, 7:05pm UTC](https://boards.straightdope.com/t/where-would-i-sell-a-large-hunk-of-silver-with-pictures/312816/5 "2005-07-16T19:05:57Z")
> [@Phlosphr](#): > > Looks like a local coin shop will give me $65 USD per bar. Thanks a bunch folks! [Monex](http://www.monex.com/) shows silver at just under $7 per ounce. (I’m not sure how reliable Monex is, it’s just the first thing that Google turned up on ‘silver spot price’). That’s probably for a large amount of silver, but getting **65 cents** per ounce seems like a poor price. Maybe the shop though they were 10 ounce bars ($6.50 per ounce)? ---
**Author:** ![Squink](https://avatars.discourse-cdn.com/v4/letter/s/b5e925/32.png) [@Squink](https://boards.straightdope.com/u/Squink)\ **Post date:** [July 16, 2005, 7:10pm UTC](https://boards.straightdope.com/t/where-would-i-sell-a-large-hunk-of-silver-with-pictures/312816/6 "2005-07-16T19:10:28Z")
> [@Phlosphr](#): > > Looks like a local coin shop will give me $65 USD per bar. Thanks a bunch folks! Hell, I’ll give you $70 bucks a bar. At the going rate of [$6.99 per troy ounce](http://www.seacoastonline.com/news/07162005/biz_nati/53160.htm). I’d be doing you a favor _and_ making a profit of $629.00 per 100 oz. bar. :dubious: ---
**Author:** ![Bryan\_Ekers](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/bryan_ekers/32/183_2.png) [@Bryan\_Ekers](https://boards.straightdope.com/u/Bryan_Ekers)\ **Post date:** [July 16, 2005, 8:47pm UTC](https://boards.straightdope.com/t/where-would-i-sell-a-large-hunk-of-silver-with-pictures/312816/7 "2005-07-16T20:47:53Z")
$65 for 100oz of silver? I’ll take one. ---
**Author:** ![samclem](https://avatars.discourse-cdn.com/v4/letter/s/a9a28c/32.png) [@samclem](https://boards.straightdope.com/u/samclem)\ **Post date:** [July 16, 2005, 10:39pm UTC](https://boards.straightdope.com/t/where-would-i-sell-a-large-hunk-of-silver-with-pictures/312816/8 "2005-07-16T22:39:14Z")
I hope that **phlosphr** meant $6.50/ounce. That’s a fair price. I would have paid him $665/bar today, but he wasn’t in Hartville, Ohio. Nationally, paying about 40-50 cents under spot is fair. The refineries are only paying about 15 cents under spot. So the poor dealer ain’t getting rich. ---
**Author:** ![groman](https://avatars.discourse-cdn.com/v4/letter/g/73ab20/32.png) [@groman](https://boards.straightdope.com/u/groman)\ **Post date:** [July 16, 2005, 11:11pm UTC](https://boards.straightdope.com/t/where-would-i-sell-a-large-hunk-of-silver-with-pictures/312816/9 "2005-07-16T23:11:54Z")
I’ll give you $5 for the whole lot. Can’t find a better deal ANYWHERE! Trust me, I’m a professional! 🆒 ---
**Author:** ![Phlosphr](https://avatars.discourse-cdn.com/v4/letter/p/c68b51/32.png) [@Phlosphr](https://boards.straightdope.com/u/Phlosphr)\ **Post date:** [July 17, 2005, 12:13am UTC](https://boards.straightdope.com/t/where-would-i-sell-a-large-hunk-of-silver-with-pictures/312816/10 "2005-07-17T00:13:14Z")
No, No, No folks!!! $65. per 10 troy ounces… I got 65 bucks a bar (bar being 10 troy oz.) I had 16 bars… 🙂 I was happy with that! My wife and I had been lugging them around for quite some time… ---
**Author:** ![Eleusis](https://avatars.discourse-cdn.com/v4/letter/e/f4b2a3/32.png) [@Eleusis](https://boards.straightdope.com/u/Eleusis)\ **Post date:** [July 17, 2005, 12:15am UTC](https://boards.straightdope.com/t/where-would-i-sell-a-large-hunk-of-silver-with-pictures/312816/11 "2005-07-17T00:15:16Z")
But why does the bar in the pic say 100 troy ounces then? ---
**Author:** ![Eleusis](https://avatars.discourse-cdn.com/v4/letter/e/f4b2a3/32.png) [@Eleusis](https://boards.straightdope.com/u/Eleusis)\ **Post date:** [July 17, 2005, 12:16am UTC](https://boards.straightdope.com/t/where-would-i-sell-a-large-hunk-of-silver-with-pictures/312816/12 "2005-07-17T00:16:17Z")
> [@Eleusis](#): > > But why does the bar in the pic say 100 troy ounces then? Ah nevermind, it’s the TYPE of bar, not the exact one. :smack: ---
**Author:** ![Bryan\_Ekers](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/bryan_ekers/32/183_2.png) [@Bryan\_Ekers](https://boards.straightdope.com/u/Bryan_Ekers)\ **Post date:** [July 17, 2005, 12:32am UTC](https://boards.straightdope.com/t/where-would-i-sell-a-large-hunk-of-silver-with-pictures/312816/13 "2005-07-17T00:32:21Z")
> [@Eleusis](#): > > Ah nevermind, it’s the TYPE of bar, not the exact one. > :smack: I must be missing something, 'cause it looks like “100 TR. OZ.” to me. But $65 for ten ounces isn’t bad. ---
**Author:** ![Eleusis](https://avatars.discourse-cdn.com/v4/letter/e/f4b2a3/32.png) [@Eleusis](https://boards.straightdope.com/u/Eleusis)\ **Post date:** [July 17, 2005, 12:35am UTC](https://boards.straightdope.com/t/where-would-i-sell-a-large-hunk-of-silver-with-pictures/312816/14 "2005-07-17T00:35:59Z")
> [@Bryan Ekers](#): > > I must be missing something, 'cause it looks like “100 TR. OZ.” to me. > > But $65 for ten ounces isn’t bad. We thunk he taked the pictures, but he didn’t. Same type, different “denomination”. ---
**Author:** ![Carnac\_the\_Magnificent](https://avatars.discourse-cdn.com/v4/letter/c/ccd318/32.png) [@Carnac\_the\_Magnificent](https://boards.straightdope.com/u/Carnac_the_Magnificent)\ **Post date:** [July 17, 2005, 2:09am UTC](https://boards.straightdope.com/t/where-would-i-sell-a-large-hunk-of-silver-with-pictures/312816/15 "2005-07-17T02:09:58Z")
If you’re selling, I’m in the market for a bar or two. Interested? ---
**Author:** ![Dark\_Side\_of\_the\_Floyd](https://avatars.discourse-cdn.com/v4/letter/d/bb73d2/32.png) [@Dark\_Side\_of\_the\_Floyd](https://boards.straightdope.com/u/Dark_Side_of_the_Floyd)\ **Post date:** [July 17, 2005, 10:56am UTC](https://boards.straightdope.com/t/where-would-i-sell-a-large-hunk-of-silver-with-pictures/312816/16 "2005-07-17T10:56:58Z")
Yeah, I’ve got to make some bullets… ---
**Author:** ![DougC](https://avatars.discourse-cdn.com/v4/letter/d/7feea3/32.png) [@DougC](https://boards.straightdope.com/u/DougC)\ **Post date:** [July 17, 2005, 2:08pm UTC](https://boards.straightdope.com/t/where-would-i-sell-a-large-hunk-of-silver-with-pictures/312816/17 "2005-07-17T14:08:39Z")
- - - I would second the “ask a coin dealer, but see if you can find any previous sales on ebay”. The bar inscription may give it value beyond its melt price. ~ ---
**Author:** ![toadspittle](https://avatars.discourse-cdn.com/v4/letter/t/c0e974/32.png) [@toadspittle](https://boards.straightdope.com/u/toadspittle)\ **Post date:** [July 17, 2005, 2:22pm UTC](https://boards.straightdope.com/t/where-would-i-sell-a-large-hunk-of-silver-with-pictures/312816/18 "2005-07-17T14:22:35Z")
> [@Eleusis](#): > > We thunk he taked the pictures, but he didn’t. Same type, different “denomination”. So, Phlosphr, what you really meant was: “[Here](http://silvercoinguide.com/images/SilverBars/EngelhardPoured10oz/Engelhard-poured-10oz-400front.jpg) is a pic of the type of bars I have.” ---
**Author:** ![robardin](https://avatars.discourse-cdn.com/v4/letter/r/43a26b/32.png) [@robardin](https://boards.straightdope.com/u/robardin)\ **Post date:** [July 17, 2005, 3:34pm UTC](https://boards.straightdope.com/t/where-would-i-sell-a-large-hunk-of-silver-with-pictures/312816/19 "2005-07-17T15:34:34Z")
You fool!! That was supposed to be your _survival_ bullion! ---
**Author:** ![samclem](https://avatars.discourse-cdn.com/v4/letter/s/a9a28c/32.png) [@samclem](https://boards.straightdope.com/u/samclem)\ **Post date:** [July 17, 2005, 6:48pm UTC](https://boards.straightdope.com/t/where-would-i-sell-a-large-hunk-of-silver-with-pictures/312816/20 "2005-07-17T18:48:48Z")
> [@DougC](#): > > - > - > - I would second the “ask a coin dealer, but see if you can find any previous sales on ebay”. The bar inscription may give it value beyond its melt price. > ~ Englehard bars are the most common around. [Next page](https://boards.straightdope.com/t/where-would-i-sell-a-large-hunk-of-silver-with-pictures/312816.md?page=2)