Silver Scraps For Cash

It’s that time of the year when everyone is cleaning and organizing their studios. You are doing that right? I just spent two days on mine and it’s looking a bit better.

I thought I would pass on some valuable information to you. Did you know you can sell you silver scraps? When I make jewelry, I throw all of my bits and pieces of silver wire into a bowl. When it gets filled up, I mail it off to Rio Grande and they pay me for the scraps. Last time I mailed off my scrap silver, I got over 200.00! They melt it down and use it to make sheet or wire, so it can be any size or amount. I learned this in my metalsmithing classes in college, we even saved our silver dust to sell back. Rio Grande is not the only company that buys scrap, most of the larger companies that sell silver wire will buy back the scraps.

Happy New Year!

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9 Comment

  1. Marie Cramp
    January 8, 2010 at 2:06 pm

    I have been saving mine. I knew that was possible, but I did not know who. Thanks for the info!!


  2. Jeannie
    January 8, 2010 at 4:02 pm

    Good To Know. Thanks. I always throw my out.

  3. Cindy
    January 8, 2010 at 4:02 pm

    Thanks for the reminder to send in my scraps! I have actually collected mine for several years…I need to get them sent in!!! 🙂

  4. mairedodd
    January 8, 2010 at 4:18 pm

    thanks so much for this info – i have a bag each of copper and sterling… wonder what i'll get? :0)

  5. Heart of a Cowgirl
    January 8, 2010 at 5:12 pm

    I've been saving mine for some time now. I should go ahead and send it in. Thanks for the reminder!

  6. Gaea
    January 8, 2010 at 5:21 pm

    Great tip! my silver scraps are quite hefty! What will I do with that extra cash?!?!? More beads!!!!

  7. Stephanie
    January 8, 2010 at 10:12 pm

    Wow! How much did you have to warrant $200 in silver? That's AWESOME. Good to know, I'm slowly saving up a stash. I will hope to have more at the end of the year! Thanks for the info!

  8. Azure Islands Designs
    January 8, 2010 at 10:39 pm

    Cleaning and organizing, whats that??? Seriously, I work in organized ciaos…I clean and organize every so often but it never stays that way for very long…I work better with a "mess"!!! :0)

    I've been saving silver scraps for a couple of years now…should send it away!

    Then I would just get more silver…


  9. ahnn
    February 19, 2012 at 4:47 am

    Very helpful information. I'm still saving mine. Glad you shared it.

    cash for silver

Comments are closed.