best place to sell silver near me

This especially holds true if the offer is from an unknown private party. Online consignment shops like. Valley Goldmine 45 Gold Buyers Estate Liquidation $$$ Available by appointment You may find postings for people looking to buy your silver. We buy bullion, numismatics, rare coins and currency, as long as we can authenticate it. Here are some tips to help determine what kind of flatware you have. Typically, this type of flatware sells best at auction houses when it holds value outside the silvers market price. If you want to sell any Sterling Silver, get in touch with us via our online quote form or call us at 651-216-4112. If you need additional cleaning options, try this method: You might be tempted to clean your sterling silver flatware with a silver polish cream that you find at the store or online. Find the weight of your sterling silver in ounces, 2. We offer fair, market-driven prices that are locked in when your order is placed over the phone. Laurie has been featured in publications such as The Philidelphia Inquirer, The Seattle Times and Bankrate. You wont be able to sell for the highest retail price for many sales channels unless youre willing to wait to find a willing buyer. Search homes for sale, new construction homes, apartments, and houses for rent. This does not mean that the price shown will be what you actually get for your silver piece. We have the scoop on where to sell your flatware, ways to determine if its valuable and tips on how to get the best price. At pawn shops you also have the option to pawn your silver. 13. Facebook Marketplace has become a premier venue for selling personal items. Does it depend on if its sterling silverware or another type of flatware? Most silver experts agree that silver polishes should be used sparingly, if at all. Winner of Parents magazines Best of the Web and a New York Observer Most Eligible New Yorker," her #1 bestseller, The Kickass Single Mom (Penguin), was a New York Post Must Read. Here are a few ways to tell: Next, you should research whether your sterling silver piece has any value as a collector's item. Required fields are marked *. However we would recommend trying Craigslist or eBay before selling to an online bullion dealer. Laurie Blank is a freelance writer and licensed Realtor practicing in Minnesota and Wisconsin. However most refiners do not deal with consumers or small orders. Keep in mind that you will pay a fee to sell your flatware at an auction house. You can manage the entire selling process right from your home computer. As an expert on divorce and gender, Emma presented at the United Nations Summit for Gender Equality and multiple state legislature hearings. Sterling silver is marked as 925 silver when it contains 92.5% silver, combined with another metal typically copper. UPS ships all orders to APMEX via Next Day or 2nd Day Air. Local coin shops are a good option if you want to sell silver currency and bars. It's as easy as that. Its sister company,CashForGold USA, purchases gold jewelry and other items. Don't always accept the first offer, and feel free to shop around! Banking | Business | Insurance | Taxes, About | Team | Contact|Press |Policies. CashforSilverUSA is a company that specializes in purchasing fine silver from private parties. Once you've verified that your silver is real, then you need to get the total silver value. Silver that is 99.9% pure is known as fine silver, while silver that is 92.5% pure is known as sterling silver. Whether you want to keep your flatware or sell it, preserving the value of your flatware is a good financial move. Sterling silver jewelry, coins, flatware or other items will be stamped with 925 (or, occasionally, 950). Getting several quotes can require more time, but the additional profit can be worth the effort. They will guide you through the process, explaining how we test your metals and how we calculate the value of your item. When you sell your silver to a pawn shop, what youre really doing is getting a loan and putting your silver up as collateral. Valley Goldmine 9 Gold Buyers Estate Liquidation Available by appointment Women-owned & operated "a lot from her and felt very confident that I was getting the best price for my gold and silver ." more 2. The service offers a price match guarantee, and they may increase their offer if a competitor provides a higher price with a similar assessment. The first tactic is to let the potential buyer make the first offer. Silver prices are up 10% from a year ago on a silver shortage and high interest rates. If you have silver to sell, then you have options. The good news is that you can sell your silver for cash without leaving your house. A simple Google search for online silver buyers or online gold buyers will yield a lot of potential companies willing to buy your metal. Specialties: BUYING/SELLING: Gold, Silver, Jewelry, Coins, Estate Items, Ephemera, Postcards, Books, Watches, Vintage Toys, Military Items, Comic Books, Sports . You should know the fair value of your silver before you get an appraisal from a potential buyer. You can be sure that you will receive payment for your silver once the buyer receives it. Once you have a buyer and agree upon a price, you will ship out the piece and receive payment through your eBay account. If you want to sell sterling silver, you should first verify that its authentic not just silver plated. Online are a handful of options, including ebay, or our recommendation, CashforSilverUSA. Selling through APMEX allows you to take advantage of our direct relationship with UPS, providing a fully insured logistics solution at our discounted shipping rate. Thats good news for you, since competition typically translates into higher prices! The best option depends on the type of silver you want to sell. When selling your valuable assets, trust is one of the most important factors to consider. Lastly, if an offer seems too good to be true, it probably is. A potentially valuable silver coin or antique should be brought to a collector or coin shop for appraisal. That usually translates into you getting less money for your silver than if you were to go to an online buyer. The price of silver can be volatile, so it's essential to keep up with current market conditions before buying or selling any silver products. While silver flatware made from coin silver isnt as valuable as sterling silver flatware, these pieces are still quite valuable. If you arent sure which auction house to use, Sothebys is one of the best auction platforms for selling silver valuables as they have an international presence. You can take your silver into a local coin shop where an employee will inspect your items and give you an offer if they're interested in purchasing them. You can get a quick sale but you won't get anywhere close to the true value of your silver. Theres probably not a buyer around every corner. Line a pot or roaster pan with aluminum foil, Pour the boiling water over the flatware (just enough to cover it fully), Immediately sprinkle a quarter to a half cup of baking soda and two teaspoons of kosher salt into the pot, over your flatware and the water, Remove the silverware, give it a quick rinse in warm water and dry it thoroughly. Coins were melted and made into family silver flatware and other serving pieces. After all, reselling your silver at a markup is how they make their money. The one you choose will depend on several factors, including how quickly you need money, how fast you want your pieces sold and how much you hope to earn. The APMEX logistics program is just the beginning. You can easily sell silver coins online to any virtual dealer. With eBay, you can choose an auction method where people bid during a certain time period. It takes 24 to 48 hours for compensation to arrive. Their process is simplified into a handful of easy steps that make it easy to sell your jewelry online. You can look for purity hints that show markings such as 925, which is 92.5% silver. For instance, sterling silver flatware pieces are typically stamped with a symbol: Entering the symbol of your sterling silver on the calculator as well as each pieces weight (use a kitchen scale for accuracy) will allow the calculator to give you an estimated sale price. Get quotes from a variety of buyers. This is an example based on current pricing to ship 5 oz of Gold from New York City to Oklahoma City. Go see Moon he will treat you with respect." more 2. You just select the coin you have, the number of coins, and the calculator will give you the total silver value. As of April 24, 2023, the silver resale value in the United States was at $ 25.16 per ounce, or $ 0.89 per gram. ), Could make more money than with instant buyback offers, May need to visit multiple shops to get the best price, Profits may be lower due to price reductions, Items can be in working or non-working condition, Create a list and quantity of the coins and bars youre selling, Ship the items using a prepaid shipping label, Await a final inspection and purchase offer, Earn top dollar for silver bullion, rounds and bars, Quickly compare prices from several dealers, Might need a minimum value to make a sale, Sell uncommon items with minimal market demand for scrap value, The value of other precious metals and gems in the piece. Start the process today by requesting a quote online or giving us a call. Cash for Silver USA makes it easy to sell precious metals and diamonds online. Keep in mind that an appraisal is only an estimate of value. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Privacy Policy & Terms | Yes! Typically, an intricate piece of jewelry or serving ware is made of sterling silver since it is soft enough to be carved into an elaborate design. The selling price depends on several factors: Some buyers may only be willing to pay you for the price of the silver even if the piece contains gold, gems, is made by a famous company or has a high collectible value. We provide all necessary labels and shipping with UPS is easy you can drop off at a facility specified by APMEX or schedule a pickup. If you want to make a quick sale, you will need to come off the current retail price so you and the dealer can make money. Home | Site Map | User Agreement | Privacy Policy | Contact, It can be time-consuming if you have multiple items to sell, The eBay selling fees are 10% of the total sale price, You will typically get paid through PayPal which has poor customer service, There is a short learning curve if you've never used eBay before. She has been writing about personal finance topics for over six years. If you have sterling silver jewelry, sterling silver flatware, or other pieces that you bought or inherited but no longer want, its absolutely worth it to sell your sterling silver for scrap to a reputable online buyer like CashforSilverUSA. But just like selling to a pawn shop or jewelry store, these buyers typically face less competition locally than online buyers. Visit them online to get an estimate by giving a description, providing pictures of the item(s), and then submitting it to the specialists. This article reveals the companies that will pay you top dollar. Sign Up NOW to Receive These Great FREE Benefits: Opt-out at anytime, hassle free. For values over $25,000, a bank wire is an option. Refinery Silver Selling Tips Know the Value of Your Silver Pursue Multiple Selling Channels Negotiate Be Willing to Walk Away Summary How Much Is Silver Worth? While eBay is one of the most popular online marketplaces, these eBay alternatives are worth trying as well. You also wont have to pay any shipping and insurance costs. Bullion & Coin Exchange 20 Investing Gold Buyers $$ If you want to maximize your potential profits for your silver flatware, follow these tips. By using eBay, you can use a single portal where you can connect with buyers and maintain the sale of the silver on your terms. Additionally, as with eBay, you can search to see what other people are listing their items for. Do an internet search for silver recyclers near me to find a location near you. Choose between private sales, auctions, or immediate purchases for your item. Consider this option if your jewelry also has gold and gems. You can try to sell your silver flatware set at a local or online consignment store. Your reach with Marketplace can be greater, but you may incur fees. You would need to do research and find one that would accept your silver items. the value of the silver it contains. After mailing in your items, youll receive a final offer 14 days after your shipment is received. Coin shops. A former Associated Press reporter and MSN Money columnist, Emma has appeared on CNBC, New York Times, Wall Street Journal, NPR, TIME, The Doctors, Elle, O, The Oprah Magazine. To find out how much your sterling silver is worth, you will need to do a simple calculation: For example, a sterling silver spoon that weighs 1 ounce, is worth about $22, minus the buyer's commission (1 ounce x .925 x $23.87 on Jan. 22, 2023). Search for online silver buyer and sell your silver online. Also, consider using Craigslist alternatives to reach more prospective buyers. In order to use an online silver calculator, youll need to know the weight of your silver piece and the purity level of the silver. 16. You may be able to earn more than online dealers offer. First, make a request for shipping to receive your appraisal kit and mail in your silver. Refineries buy silver and then melt it down to produce new items. Thats understandable, but its important to understand that in-person buyers like pawn shops will often pay less than online buyers. Sell Your Old Coins Today! Please note exact pricing may vary. Experts quoted on CNBC.com expect silver prices to hit a 9-year high of $30 per ounce in 2023. Or for even faster service and more accurate pricing, you can call our helpful agents during normal business hours. The sites accept all forms of silver, from coins and jewelry, silverware, scrap, bullion, ingots, bars, as well as gold, diamonds and gemstones. Coins were often melted down and made into flatware and other silver pieces in the late 18th century. Some of the items you can sell here include: Since youre selling the item to another retail shopper, your selling price can be the current material value of the silver, any other precious metals or gems and the collectible value.

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