Jan. 19/26 Update to Silver Purchases

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We are Buying ONLY SELECT Silver Until Further Notice

January 19, 2026

As of today we are now purchasing:

  • All silver bullion from LBMA certified makers.
  • 50 Ounce and smaller bullion from non-LBMA makers.

Our silver refining partners in Canada have temporarily frozen their payment mechanisms. This is a global issue in response to current market stressors. Elevated lease rates on silver have now made it impossible for Guardian to settle transactions under normal terms.

At this time we cannot purchase these silver products:

  • Jewellery
  • Silver flatware, tableware, and collectible items
  • Any Coinage
  • Non-LBMA certified makers bullion larger than 50 oz

These are temporary measures. Unfortunately, we cannot predict when circumstances will change, however, we will review this policy as conditions stabilize. We appreciate your understanding and patience during this time.

The Guardian Gold Team

Guardian Gold Logo Can I Melt Silver at Home?

You should avoid melting any silver that you do not need to melt.

An assortment of silver cutlery jumbled together, do not melt silver at home.
A jumble of silver cutlery from the same set

We do not recommend that you attempt to melt silver household or industrial objects at your home. Silver can be dangerous to melt. There is a likelihood that silverwork with soldered components such as the handle on a teapot contains hazardous cadmium. Without knowing the composition of a piece, another element you could expose yourself to is lead, which is also dangerous. 

Fine Silver Should be Marked – There is no Reason to Melt it.

Most silver has markings you can use to determine its fineness. A standard mark to look for is a simple – Sterling Silver, .925, or a number saying what fineness it is – 800, 835, 875, 900. These markings are generally found on the base of flatware, tea sets, candlesticks, bowls, or cups. If you cannot find a marking, you can bring it to Guardian International Gold, and we can test it with a quick assay. Note that if there are no markings and if a piece is too big to fit in the spectrograph, a small portion will need to be cut to test the purity.

Close up of the Royal Danish International Sterling hallmark
Close up of the Royal Danish International Sterling hallmark
Four hallmarks on the side of a silver item
Close up of four hallmarks found on a silver item.

We do not recommend you melt silverware; we do not melt silver either. At Guardian, we look for markings or assay to determine the purity of the silver we purchase.

So is there any silver that you can melt without risk? Yes, pure. Jewellers often buy pure grain for their projects. As well, you could melt pure bars without a health risk from those soldering/alloy elements.

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Contact us at (416) 861 -1888

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