What is the point in melting sterling silver into a bar when you are not going to increase the value at all?
This is how I see it. If you are not willing to invest the time to learn, the effort, the energy, etc in first recovering the silver, then refining the silver before you cast it into a bar, what you are really doing is just spending extra money melting silver that is sterling, not 99.99 fine, into a bar but you will not get anymore from it.
If you want nice silver bars, watch on ebay. It's going to cost you between $35-$40 per ounce, but you will be getting fine silver, not sterling. In the long run you are going to end up paying less for the fine silver bullion, than you would if you spent the energy melting sterling silver. Also, if your silver is only 80%, and you want to sell it to a refiner later on, they are going to just have to re-melt it anyway to upgrade the silver content so it can be run as a silver proposition in a mobious or thum electrolytic cell. What is the point in the extra processing?
I have to admit there is something primal about pouring molten precious metal into an ingot mold. It's a beautiful thing, and I never ever get tired of pouring precious metals, not ever. But what you are proposing just amounts to wasting your time and money.
If you are serious about owning silver ingots, I can put you in touch with a personal friend who sells thousands of dollars worth of silver, on a weekly basis. He will treat you fairly and honestly and not hold you over a barrel. And if you are interested in melting your own silver, he has developed his own small jewelers melting furnace, and can supply you with that as well.
Or if you are interested in melting and pouring the silver yourself, I have about 300 ounces of silver shot that assays out at 99.998% silver, .002% copper, < .001 lead < .001 Nickel. I will sell you at $35.00 per ounce. Just let me know.
Scott
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