what is the current scrap value of silver
For bulk purchases of scrap silver, it may be dropped to as low as 2% depending on the final value of the transaction. Business to business sales may even be lower than this. Letâs say the average spot price for silver if $15. At a 20% premium, there would be $3 owed to the dealer who is conducting the transaction. This means your 1 ounce of scrap silver that is 100% pure would generate $12 that would be paid out.