Sterling Silver Hunter
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About this ebook
Everyone loves the stories about someone finding those so called "treasures" while at an estate auction or a garage sale. DeWayne Augeson tells you how to find those treasures in this book based on over 40 years experience finding, buying and selling silver. With silver prices up almost 60% in the last year, this book could pay for itself with just one sterling silver "find". Happy Hunting
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Book preview
Sterling Silver Hunter - DeWayne Augeson
Sterling Silver Hunter
The Silver Lining in Scrap Metal Mining
By DeWayne Augeson
Smashwords Edition
Copyright 2010 DeWayne Augeson
This manual is designed to provide accurate and authoritative information regarding the subject matter covered. It is sold with the understanding that the author and publisher are not engaged in rendering legal, accounting, or other professional services to any person. If legal advice and/or other expert assistance is required, the service of a competent professional should be sought.
~From a Declaration of Principles jointly adopted by a Committee of the American Bar Association and a Committee of Publishers. All rights reserved.
This eBook is licensed for your personal enjoyment only. This eBook may not be resold or given away to other people. If you would like to share this book with another person, please purchase an additional copy for each recipient. If you’re reading this book and did not purchase it, or it was not purchased for your use only, then please return to Smashworlds.com and purchase your own copy. Thank you for respecting the hard work of this author. No part of this book, unless otherwise noted, may be reproduced or used in any form or by means, electric or mechanical, including photocopying, recording, or by any information storage and retrieval system, without specific permission in writing from the publisher.
Disclaimer: The content of this book is considered reliable. However, it is a guide only and it is incumbent upon the reader to test and satisfy his or herself as to the reliability, safety and usability of the information described herein before using that information in any manner whatsoever. The materials used in this book occasionally refer to the employment of certain tools, equipment, and other materials. Care and caution should be taken using and handling all such tools, equipment, and materials. The author and publisher of this book will not be responsible for any damages caused by the use or misuse of any said tools, equipment, and other materials. Any profit or earnings profile associated with this book is an estimate, but is used solely to illustrate a mathematical formula of profit progression based on sales of scrap sterling silver. Any figures mentioned in connection with this book are not to be construed as a promise or implication of earnings. Again, this book is a guide only. Any earnings or profits derived from the sale of sterling silver are entirely up to the abilities and desires of the individual reader.
~~~~
Table of Contents
Chapter 1 – It’s All About the Hunt
Chapter 2 – Let The Treasure Hunt Begin - What to look for
Chapter 3 – Treasure Hunting in Your Neighbor’s Garage
Chapter 4 - Always Negotiate – Unless It’s Free
Chapter 5 - Couch Potato Treasure Hunting - On-Line
Chapter 6 - The Silver Treasure Motel
Chapter 7 - Conversions, Weights, Estimates
Chapter 8 - Turning The Treasures Into Cash!! (P$$$T…Ya wanna buy some silver?)
Chapter 9 - The End……… or Just The Beginning
Glossary
Chapter 1: It’s All About the Hunt
I have made a lifetime hobby of treasure hunting. Even as a young child I remember digging under the seats and in the trunk of every used car my folks bought looking for the loose change, rings or whatever someone might have lost. I clearly remember at about nine years old I found an antique walking cane under the back seat that would pull out into an umbrella. I sold it to a neighbor for $10. Remember, I was nine and it was 1958. I was rich. Although I have never had the money or time to travel the world and search for lost gold mines or pirate’s treasure I have nonetheless had a great (and very profitable) time finding buried treasure
right in my neighbor’s garage. Legally, of course.
There is nothing as exciting as brushing off the tarnish on an old platter on someone’s garage sale and finding the magic word sterling
under the grime. That $1 piece of junk they want to throw out probably weighs about 4 ounces and will bring $40 - $50 in scrap silver. Or, how about my recent flea market find….two silver looking rings in a small box with the stones removed and cuts through the ring bands. I subtly inspected the karat markings and asked for the price. When I heard only $3 my heart skipped a beat and I gladly handed over three one dollar bills. I sold these same rings a week later for just over $200. They were 10 and 14 karat white gold and I made a 6000% return on my investment. Now that’s real treasure hunting!
As a kid I received a quarter every week for helping with dishes (Yuk!) or mowing. When we went to town for groceries I was able to buy three comic books for that quarter. I had a collection of two dresser drawers full that vanished somewhere. I would imagine mom did some cleaning and out they went. I could probably retire today if I had those comics. I was a great fan of Superman, Batman and The Lone Ranger.
I was always going through the cash register in my dad’s tavern looking for coins to collect. At one point I had over 25,000 wheat pennies. I remember taking my savings to the bank and buying coins that I would look through and then return to the other bank to cash them in, minus the goodies, of course. I would find 90% silver dimes and quarters, wheat pennies, 40% silver clad half dollars, war nickels containing 35% silver and an occasional Buffalo nickel.
I guess I have always loved junk and scrap. At the age of 15 I had my father convinced to buy a group of 1951 to 1954 cars for $10 apiece so we could start a junk yard. The seller told us he would guarantee