-40%

Lot of 50,000 Sterling silver rings not scrap, over 3500 Troy Ounces pure silver

$ 55440

Availability: 100 in stock
  • All returns accepted: ReturnsNotAccepted
  • Condition: New

    Description

    Huge lot of 50,000 sterling silver rings, each stamped S 925.
    Each ring is in it's own ziplock bag.
    There are 200 rings in an inner pack zip lock bag.
    There is only one style per bag, and the lot is being sold as an assortment of the three styles shown in the pictures.
    Each ring is finely polished, and includes a turquoise colored stone in the center, as well as assorted cubic Zirconia stones on the periphery.
    Each ring weighs approximately 2.4 grams.
    Several sample rings were tested by 9 different jewelers and confirmed to be 925 sterling silver.
    The lot is being sold guaranteed to be sterling silver.
    The weight, not including the bags themselves, is approximately 480 grams per bag of 200 rings.
    The total gross weight for the entire lot, including all the bags, is just under 375 pounds.
    50,000 rings x 2.4 grams = 120,000 grams = 3858 Troy Ounces x 0.925 = 3568 Troy Oz pure silver in the lot (minus the stones weight)
    Silver price is rising rapidly...
    Troy Ounces
    silver price
    Approximate silver value (less stones weight and melt losses)
    3568.65

    ,529.75
    3568.65

    ,373.00
    3568.65

    ,216.25
    3568.65

    7,059.50
    3568.65

    4,902.75
    3568.65

    8,432.50
    If you were to melt them, usually there is some additional weight lost in the melt process, which would reduce the above figures somewhat.
    The rings have adjustable size bands.
    This is a great opportunity for distributors, chain stores, jobbers, etc.
    NEW:  You can now order samples for evaluation via our new sample listing:
    https://www.ebay.com/itm/143648842964
    You will be sent a sample pack of 3 rings, one of each style.  Cost is + shipping for the sample pack.