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SILVER SCRAP REFINING LIMITATIONS

Silver scrap refining continues to have volume limitations. Our capacity has increased slightly over the last month. In turn, we are raising our weekly silver purchasing limit from 200 t/oz to 500 t/oz. These limits may change at any time due to market conditions. We expect some form of refining limits to be in place through 2027 Q1. The spreadsheet below lists different silver items and their status:

Sterling- Clean MarkedSubject to Limit
Sterling- Unmarked, Pealed, etc.Subject to Limit
90% Silver FlatwareSubject to Limit
Sterling Jewelry (clean, no stones)Subject to Limit
Sterling Jewelry (stones, junky, etc.)Subject to Limit
80% Silver (by weight)Subject to Limit
.999 MarkedUNLIMITED
.999 UnmarkedSubject to Limit
.999 LBMA Eligible 10oz-100oz onlyUNLIMITED
90%/40% CoinsUNLIMITED
Sterling Silver KnivesUNLIMITED
Silver Melts (must be 80% purity min)Subject to Limit (Gross t/oz)
War Nickels/Canadian 50%Not Purchasing

 

CURRENT TURNAROUND TIMES

– Gold Scrap/Gold Melts/Gold Bullion 1-2 days after arrival

– Silver Scrap 1-3 days after arrival

– Silver Melts 2-3 weeks after arrival

 

Enjoy the rest of this week. GO BILLS!

Thomas Dzielski, CPA
Director of Wholesale Operations
Jack Hunt Coin Broker Inc.

We Provide the Ultimate in Service Through:

Fast Shipments

Order by 4:00
and it’s out the door.

Low Minimum Orders

1 oz. Gold or 100 oz. Silver

Bullion Offsets

Trade Scrap for Bullion.

Professional Packaging & Shipping

No-worry Shipments

Offering COCs

Get paid fast!
(for qualified customers)

Promises Kept

We don't make promises we can’t deliver on.