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What is the best way to sell scrap silver?
For scrap silver, the coin shop would act as a middleman. They would most likely take your silver and then send it to a refiner. Therefore it’s best to go elsewhere with scrap silver. Overall the coin shop is only a good option if you want to sell silver coins or bars quickly.
How much can I sell my scrap silver for?
It’s worth it to sell your scrap silver.
| .999 silver per ounce | Sells for $21.74 |
|---|---|
| .999 silver per dwt | Sells for $1.08 |
| .925 silver per ounce | Sells for $18.01 |
| .925 silver per dwt | Sells for $0.90 |
| .900 silver per ounce | Sells for $17.53 |
What can I do with unwanted silver?
Sell your silver scraps to a smelter or refiner if you have a large quantity. Smelters and refiners melt your silver down so that you’re paid according to its weight. While you can take most silver to a smelter or refiner, it’s the best choice if you have scrap silver.
Is it easy to sell silver?
Physical gold and silver prices are based on the floating “spot price” of the respective metals. That is, they are the easiest to sell at the best prices. These include products like the gold & silver American Eagles and Canadian Maple Leafs. Often there is a correlation between premium and liquidity.
What is the best way to sell silverware?
The Best Way to Sell Silverware. Check the hallmarks on your silverware against those displayed in a hallmark guidebook such as “Bradbury’s Guide to Antique Silver.”. Find out as much information as you can about the marks, including maker, date and location. Visit the Miller’s Antiques and Collectables website. Check for items similar to yours.
Where to sell gold and silver?
Most gold and silver bullion is sold to an online dealer, or a local coin shop. Selling precious metals to an online dealer may fetch the best price because they’re operating expenses are much lower than a local coin shop that has to maintain a physical storefront. Selling your gold or silver online to GoldSilver.com is easy.
Who buys silver plated stuff?
You would need to do research and find one that would accept your silver items. Any large online bullion retailer like Apmex, JM Bullion, Provident Metals, or SD Bullion will also buy silver. Some dealers like Provident Metals will also allow you to trade your silver for other types of silver or gold.
Where do I sell silver coins?
1) Local Coin Dealers. Local coin dealers are the way to go if you live near one. These shops are a fast and convenient way to sell your silver coins. 2) Pawn Shops. While pawn shops have always gotten somewhat of a bad rap because of their lending practices, they do have a place in the precious metals world. 3) Coin Shows. Coin shows are a fun and great place to browse collectible coins and bullion products. 4) Online Dealers. Probably the most popular way to buy & sell silver is through online dealers. 5) Ebay & Auctions. Auctions are another way to sell your silver for cash. 6) Forums. Apart from online dealers, community forums are another way to sell your silver online. 7) Smelters & Refiners. Lastly, you have the option to sell silver straight to the refiner or smelter. 8) ‘Cash for Gold / Silver’ Mail-in System. If you’re wondering … two words, stay away! So that’s a wrap.