I have Silver (metal). What should I do?

theblackhat · May 22, 2015

I have access to silver, a lot of it..

I intend to take it online.. but really fed up with my own ideas. I did a basic research and found out that ppl are interested in buying silver ornaments, rings and other fancy things online. But somehow, I am not convinced this could be the only idea to bring silver online. I am really stuck and can't get anything out of my damn mind..

Can some one pls tell get me out of my limbo.. anything you tell could help a dumb ass like me..

maxedgames · May 22, 2015

I don't exactly understand what you are asking / saying.

theblackhat · May 22, 2015

I'm trying to ask what kind business can we do online, with silver. sry if i didn't convey it properly

MrBlue · May 22, 2015

Stamp out coins and sell them online. There is a demand in buying and holding pure silver.

Word Wizard · May 22, 2015

MrBlue said:
Stamp out coins and sell them online. There is a demand in buying and holding pure silver.

I don't know the law but selling homemade coins sounds pretty damn illegal to me. Why not just silver bars?

MrBlue · May 22, 2015

Regarding the legalities you may be correct. Silver bars it is.

Take a look at Kitco's silver products for inspiration:

Code:

https://online.kitco.com/buy/gold-silver.html

blackerthanblack said:
I don't know the law but selling homemade coins sounds pretty damn illegal to me. Why not just silver bars?

Ambitious12 · May 22, 2015

Keep yourself Silver and when it will have good market then start bidding on it else start sell the share.

Zwielicht · May 22, 2015

Start off smart; find a good furnace that's close to a bank. After you've found a good furnace, you're going to want to smelt the silver ore into silver bars. Just keep smelting all the silver you have until you're maxed out. Once you're maxed out, sell the silver in your local exchange. This way, you'll find yourself with a profit from all of your hard work and a level 99 smithing cape.

zagard · May 22, 2015

:1: hunt them werewolves

roguerabbit · May 23, 2015

zagard said:
:1: hunt them werewolves

Lol Good one ( add extra chars here )

godspeed007 · May 23, 2015

Send them to me you dumb ass (you addressed yourself with that). I will put them into better use

mareks · May 23, 2015

Kill Vampires!!!!

I think You should provide more details about Your silver source, so we can think of business model...

theblackhat · May 24, 2015

Zwielicht said:
Start off smart; find a good furnace that's close to a bank. After you've found a good furnace, you're going to want to smelt the silver ore into silver bars. Just keep smelting all the silver you have until you're maxed out. Once you're maxed out, sell the silver in your local exchange. This way, you'll find yourself with a profit from all of your hard work and a level 99 smithing cape.

zagard said:
:1: hunt them werewolves

roguerabbit said:
Lol Good one ( add extra chars here )

godspeed007 said:
Send them to me you dumb ass (you addressed yourself with that). I will put them into better use

yes i found it fun..

but coming back to the topic, i need a little help with ideas coz i am stuck with my own prejudiced ideas..
and thanks for any info you could throw..

theblackhat · May 24, 2015

mareks said:
Kill Vampires!!!!

I think You should provide more details about Your silver source, so we can think of business model...

My source is from a local merchant who is a wholesale dealer and can cut my share with very less middleman commission.. even though I will be able to sell it locally with marginal profit, I am looking to make something online.. for which, i couldn't think of my own ideas and need a little hep. thanks

BreaknBrix · May 24, 2015

theblackhat said:
My source is from a local merchant who is a wholesale dealer and can cut my share with very less middleman commission.. even though I will be able to sell it locally with marginal profit, I am looking to make something online.. for which, i couldn't think of my own ideas and need a little hep. thanks

I'm a bit of a chemistry nerd so let me give you an idea.

If you have access to large amounts of silver, you can make or buy a silver plating kit. A kit will probably cost you upwards of $400+ but you can make them much cheaper with a bit of knowledge.

The same way drug dealers cut drugs to cut a profit, I'd cut the silver to cut a profit.

You would have 2 options from here. You can go crazy doing creative, stupid shit.... or be smart and do 1 thing.

I've only thought about this for a few minutes but it's just a thought.

People LOVE their phones. We know there is money in phone cases. I would contact a sheet metal / laser cutting company. You can start with 3 designs for 3 popular phones. These companies have computer controlled everything. Which allows for cheap production. You get 50-100 crude covers done. Silver plate them, then start an instagram and pinterest with girls names on them. You can probably make each case for a few $ and flip them for over $100. Hell, if you make a recessed rectangle and glue mirrors on the back you can probably sell them for $150. Then have their rich daddies pay for them.

That is IF you can market & brand them the right way.

Teenyboppers aren't gonna buy gold and diamond plated iphone covers like Floyd Mayweather but I can definitely see them buying silver plated phone cases with their names on them.

If not that, silver plate some hair clips or brushes. Give them some luxurious name like "The 7th Clip".

-BB

I have Silver (metal). What should I do?

theblackhat

Regular Member

maxedgames

Regular Member

theblackhat

Regular Member

MrBlue

Senior Member

Word Wizard

Supreme Member

MrBlue

Senior Member

Ambitious12

Elite Member

Zwielicht

Elite Member

zagard

Regular Member

roguerabbit

Regular Member

godspeed007

BANNED

mareks

Power Member

theblackhat

Regular Member

theblackhat

Regular Member

BreaknBrix

Power Member

Main Menu

Marketplace

Making Money

BlackHat World