best place to sell silver near me best place to sell silver near me

Its also worth getting several quotes as the offers and selling minimums can vary. His research is focused on making connections between people better, stronger, more meaningful, and longer lasting using technology. Typically you would get the highest price by going this route. I've seen someone drop over $3000 in cash for." more 2. You can expect at least a 20% reduction in the value shown due to fees paid to the company that purchases your flatware. Our No. These are typically the best selling options. Best sell silver near me in Minneapolis, Minnesota Sort:Recommended Price Open: Now 1. There are 28.35 grams in one imperial ounce of silver, but there are 31.1 grams in a troy ounce, which is explicitly used for weighing precious metals. The buyback process varies by shop. Locally-owned jewelers may buy your collection with cash after an in-store jewelry appraisal. If you don't live near a coin shop then this could be an option for you. You can look for purity hints that show markings such as 925, which is 92.5% silver. Here is a brief look at how the selling process works: The buyback prices vary by retailer, and you may need to have a minimum sales value to make a sale. If you accept, you will mail in your flatware. Also, consider the shipping method. The APMEX logistics program is just the beginning. Offers are usually low because they need room for a profit. Regions Bank, Business Banking, 423-321-6638 (main office) (please note that our company name is 2nd Markets Corp., this site is owned by 2nd Markets Corp - www.2ndMarkets.com) You can choose the shop with the highest bid price above the current spot price. You might be wondering what coin silver has to do with flatware. How Do I Determine What Kind of Silver I Have? This will force the potential buyer to give you their best offer. Better Business Bureau, Member Services, 423-266-0396 (member # 40061041) Chattanooga Chamber of Commerce, 423-763-2121. This means that youll likely have to shop around. Auction house, if you think your sterling silver tea set has value outside of its metal content for instance if it's an antique tea set, Marketplaces like Facebook Marketplace, Craigslist, and ebay, Will take all your silver, gold, watches, jewelry, diamonds and more. Your final payout for the flatware depends on the company that you end up selling to. In alphabetical order, here are some of the most popular places people use to sell flatware. The higher the overall purity, the more expensive the silver will be. Here are some common questions about sterling silver. But when you sell back to the dealer it may only hold a $1 - $1.50 premium over spot. Other platforms may have more activity for your local community. Hotel silver is silverware that was made specifically for hotels. Most silver experts agree that silver polishes should be used sparingly, if at all. JM Bullion avoids the headache of seeking out silver buyers in your local area when you need to sell your silver for cash. Required fields are marked *. 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. However, you might earn less than youd receive from an instant buyback vendor if your collection generates minimal interest. Multiply that number by the current price of pure silver (in ounces). However, you can expect to pay roughly 15% if you sell your flatware on eBay. So, you can also search for gold and silver buyers near me.. Online silver buyers are also very interested in buying sterling silverware. Whether you're looking to buy or sell precious metals for cash or even Bitcoin, Etherium, and other cryptocurrencies, or you are are simply gathering information to make an informed decision, we will continue to provide transparent and fair pricing along with outstanding content and customer service. Best sell silver near me in Mesa, Arizona Sort:Recommended Price 1. This article reveals the companies that will pay you top dollar. Since your sterling silver items can still be worth quite a bit of money, and are certainly worth selling. 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. It was once commonly used throughout Europe but has largely been replaced by the standard ounce. Some of the best-selling products include: However, you will need to wait for a buyer to agree to your asking price. Because it is made up of 92.5% pure silver, sterling silver is worth 92.5% of the current silver price. The sites accept all forms of silver, from coins and jewelry, silverware, scrap, bullion, ingots, bars, as well as gold, diamonds and gemstones. In order to get the best deal, you need to know a few negotiating tactics. Start the process today by requesting a quote online or giving us a call. Since sterling silver contains 92.5% silver, it is worth 92.5% of the silver spot price. Searching for terms like sterling silver flatware or silver plated flatware can help you price your set competitively. We'll tell you how to get the most cash for your silver, and also where to go to sell quickly if you need fast cash. 1-800-276-6508 Gold Silver Platinum Other On Sale New Arrivals Sell to Us Charts IRA Loans Contact live spot prices: Gold Ask $1,998.18 $-2.17 Silver Ask $25.12 $-0.07 Platinum Ask $1,095.84 $-1.46 Palladium Ask $1,546.10 $2.14 Thank you for visiting. Online buyers are willing to pay more for silver because they can sell it for a higher price. Becoming familiar with the 'key dates' for your silver nickels, silver dollars, silver dimes. Cash for Silver USA 2. CashforSilverUSA pays within 24 hours. If you approve their offer, you will receive payment the next business day through the method of your choice. 20% is not an uncommon selling fee if you choose to use an auction house. Another option to consider for selling silver coins and bars are online bullion dealers. The buyback policies vary by store. Get quotes from a variety of buyers. Or for even faster service and more accurate pricing, you can call our helpful agents during normal business hours. It would be a consumer to consumer deal so you could get close to the retail value of your silver. Get an offer on your flatware now >> The quicker you decide to sell, the quicker you can get paid. the value of the silver it contains. The best option depends on the type of silver you want to sell. First, try to remove the tarnish with a dry silver cloth, rubbing only as firmly as you need to. Avoid pawn shops if you want to get the highest price for your flatware. Sterling silver generally will fetch the best price at auction houses compared to other types of flatware. In most cases, the buyer is a silver dealer that wants to buy your items at the lowest price possible to increase their potential profit. This company insures your shipment, providing extra peace of mind. Unfortunately, these big chains may only offer in-store credit as payment. When you sell your product using APMEX logistics, you get the advantage of our exclusive relationship with UPS, which includes our discounted shipping rates. Pawn shops can be more likely to buy jewelry and other silver products with a collectible value that do not meet the selling guidelines for jewelry stores and consignment shops. Partial List Of Sterling Silver Pieces We Buy. Similar to coin shops, your local area pawn shop buys and sells silver. You can be sure that you will receive payment for your silver once the buyer receives it. 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). Online are a handful of options, including ebay, or our recommendation, CashforSilverUSA. If youre considering selling to a private party on a site such as eBay, check the buyers eBay rating. Once you are ready to ship, UPS will pick up your order and send it to the facility with expedited shipping. The first step is to verify that your silver is real. You can usually find a stamp on the back of your flatware pieces that will indicate the amount of pure silver in the piece. Yes. Do you have any old silver jewelry that you don't wear anymore? This silverware doesnt have much in the way of silver value because it is silver plated. For very rare and unique pieces, Sotheby's may have a market of buyers that will give you the most money for your silver. Typically they will offer you about as much as coin shops although it will depend on the shop. 1 recommendation for selling any silver is CashforSilverUSA, the parent company of which has an A+ Better Business Bureau rating, pays within 24 hours. Cash for Silver USA could be the right choice if you want to sell silver for cash. Thats because local sterling silver exchanges dont have as much competition and arent incentivized to pay you what your sterling silver necklace, earrings, and other jewelry or flatware are worth. 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 dont want to melt down a priceless coin if you could get more by selling it to a collector. Being in business more than 15 years, we value the relationship with our clients. 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. Instant payment. With our exclusive UPS relationship, orders are shipped Next Day or 2nd Day Air so we can start that process even faster. Will buy any weight or size of silver, gold, diamond, gemstones, fine watches and jewelry, Free returns on your items if you decide not to sell, 10% bonus if you send in your item within 7 days, Sterling silver items will have a hallmark or be stamped with 925 (occasionally, 950 which means the item has 95% silver). As a bonus, there are often no fees at all. Most dealers offer prepaid shipping with USPS, FedEx or UPS. Use a silver flatware cloth bag that holds each piece individually. One of the easiest ways of selling silver is to find an online buyer. Weigh your item against one of similar size you know to be 925 sterling silver they should weigh the same. 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? You can manage the entire selling process right from your home computer. We review these tests in our silver authenticity test guide. They are especially interested in antique or vintage silver pieces that are no longer replicated or produced. While its possible to fetch a higher price for rare and high-demand items, an auction doesnt guarantee you will earn more money. If youre thinking about selling your silver, its important to find a reputable buyer like CashforSilverUSA that you trust wont rip you off. They will send you a free FedEx shipping label that you can use to send your items in. Usually these retailers won't offer you great prices, especially for rounds and bars. Whether you have sterling silver, silver plate or another type of flatware, you simply send it in using CashforSilverUSAs free shipping label. 83616-9120. Their process is simplified into a handful of easy steps that make it easy to sell your jewelry online. Sign Up NOW to Receive These Great FREE Benefits: Opt-out at anytime, hassle free. Also, coin shops may offer better rates for bullion than other outlets that focus on selling jewelry. Roubaix Grand-Place. That means its a great time to sell sterling silver. Best sell silver near me in Phoenix, Arizona Sort:Recommended Price 1. Then, store your rolls of silverware in wooden boxes or china cabinets. Learn more about the types and value of silver, including sterling silver. You will be paid as soon as possible for the rate you agree upon. This particular method of selling your flatware is easy. 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. Ideally this is one of the best options for scrap silver. Great Lakes Coins & Collectibles 8 Hobby Shops Gold Buyers $$ Pawn shops, jewelry stores, and online silver buyers will all accept your Pandora items. In most cases, your possessions must be in working order. Selling silver is not as easy as buying silver, but it can be a simple process. Local coin shops are a good option if you want to sell silver currency and bars. There are just a few steps to get cash for silver. Top Places to Sell Silver 1. eBay may be the best option for you if you want to ensure you get a great price and you're not in a rush to sell. Cash For Silver USA is best for people that don't have time to deal with the hassle of online auctions and need to get paid quickly. The service offers a price match guarantee, and they may increase their offer if a competitor provides a higher price with a similar assessment. Pro tip: Any location that buys silver, will nearly almost always also buy gold. 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. The most valuable flatware is flatware that has the most sterling silver. Craigslist can connect you with local dealers and private collectors. Good sterling silver jewelry will not turn your skin green. The shipping fees can be high for bulky items and to insure your package. Its important to note that all consignment stores charge fees, some upwards of 40% of the sales price. Since pawn shops can offer lower payouts than other local dealers, you may consider other outlets first. Industry is the biggest consumer of silver. Consignment Stores 5. Copyright Ryan Hart Publishing LLC - All Rights Reserved - Privacy Policy. But to really know for sure, you need to do a few tests. Check out our example below showing the cost-saving benefits of selling your product using APMEX logistics vs. a standard shipping carrier. If you accept the offer, youll get your money quickly via PayPal or check. Theres no need to ship your silver and wait for a price quote. Choose the carrier thats most convenient for you if the sales prices are competitive between several dealers. Finding the right place to sell silver in today's market is simple when you choose from one of the following companies. Keep reading to learn about the different options. Cash for Silver USA could be the right choice if you want to sell silver for cash. As a result, you can make more money, and the buyer still pays a fair price. eBay is another option for selling your flatware. It helps if you already have a seller account with feedback. You may consider getting quotes from online dealers selling silver dollars. You should know the fair value of your silver before you get an appraisal from a potential buyer. The quicker you decide to sell, the quicker you can get paid. Therefore, when buying or selling silver, it is essential to know the weight and purity of the metal. Most silver jewelry and flatware is sterling, marked as 925 silver when it contains 92.5% silver, combined with another metal typically copper. Coin Shops This is a decent option for coins and bars, but not for scrap silver. 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. Auction houses will sell your silver flatware set when they hold an auction. 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. Plenty of places to sit and to takes photos, not very big but nice if you have kids or for a picnic. The troy ounce originates from medieval times and gets its name from the French market town of Troyes. Your items may be unsellable for these condition reasons: However, many refineries may require a large quantity to make a sale. 1. Additionally, as with eBay, you can search to see what other people are listing their items for. Regardless of if its sterling silverware or another type of flatware, sale price is based on the current price silver is valued at. 2023 Wealthysinglemommy.com, Single Moms: Date, parent and make money like a mother, 5 benefits of hiring a housekeeper or house cleaner. Coins were melted and made into family silver flatware and other serving pieces. This particular method of selling your flatware is easy. Round coins that private mints publish as non-legal tender can sell for above the current spot price but have a lower bid price. Finding the right option will take patience and the willingness to do your research. Manufacturers use sterling silver flatware because of its hardiness. Silver is a precious metal that has been used for centuries as a form of currency, jewelry, and other decorative items. Out of all the different options that we listed, we recommend Craigslist for all silver types and coins shops for coins. You can take a picture of your silver and list it for sale on a website or marketplace. Your email address will not be published. Overall, selling online is the best way to get the most money for scrap silver. Different dealers and private collectors may assign varying values to your collection. Consider selling when the spot price is high. Lastly, if an offer seems too good to be true, it probably is. This does not mean that the price shown will be what you actually get for your silver piece. You can sell a sterling silver tea set to a number of places: Currently, Pandora does not have a buyback program. Or should you not clean it at all? Sotheby's is right for you if you are willing to wait for the top dollar on your piece and sell it to a high-end buyer. Search for "online silver buyer" and sell your silver online Get your silver appraised so you have an idea of its value. If you dont want to sell your silver to an online buyer, you can always look for a physical buyer near you. Once JM Bullion receives your silver, they'll give it the final approval and list it for sale. ), 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. You could also set a buy-it-now price. Then, they were stamped with the purity level contained in the piece, usually around 90% (.900). Since your sterling silver items can still be worth quite a bit of money, and are certainly worth selling. Since 925 silver contains 92.5% silver, it is worth 92.5% of the silver spot price. Another option is listing the items you have for sale. We offer fair, market-driven prices that are locked in when your order is placed over the phone. That means that if a pawn shop can sell your silver for $100, they will pay you $50 or less. Sterling 925 silver is very real and desirable. Get a quote for your pieces by making a request online or give them a call to speak directly with an expert. For older silver coins they could make you a decent offer but it would all depend on the retailer and the specific coin. However, if you choose a local silver recycler, you can get your cash on the spot. Maxwell Silver Matching Service is one website that offers this type of service. Fine silver (99.9% pure silver) is much too soft to be used in a flatware manner, making sterling flatware the premium product in this space. As silver has the highest thermal conductivity of any metal, it will quickly melt a piece of ice. Selling it Yourself Online. 16. 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. See other industries within the Wholesale Trade sector: Apparel, Piece Goods, and Notions Merchant Wholesalers , Beer, Wine, and Distilled Alcoholic Beverage Merchant Wholesalers , Chemical and Allied Products Merchant Wholesalers , Drugs and Druggists' Sundries Merchant Wholesalers , Farm Product Raw Material Merchant Wholesalers , Furniture and Home Furnishing Merchant Wholesalers , Hardware . Last modified November 4, 2022, 2023, Who Buys Your Stuff, https://WhoBuysYourStuff.com, A local jewelry store may purchase your silver, A pawn shop will lend you money or buy your silver outright, An appraisal will give you an idea of how much your silver is worth, Estimate the value using a silver calculator. Sterling silver is marked as 925 silver when it contains 92.5% silver, combined with another metal typically copper. How much you earn depends on the weight and purity of your items. Overall the coin shop is only a good option if you want to sell silver coins or bars quickly. Silver is nearly always in demand, and you should be able to find someone either online or in your community to buy it. We make it easy to sell your Gold, Silver and other Precious Metals, from locking in your price to getting paid. For example, demand for silver may increase during periods of economic uncertainty, as investors view it as a safe haven asset. Its important to find the right buyer in order to get the highest dollar for your flatware. CashforSilverUSA is our No. But just like selling to a pawn shop or jewelry store, these buyers typically face less competition locally than online buyers. You can get a quick sale but you won't get anywhere close to the true value of your silver. Its easy to get started, and it only takes a few minutes to fill out an application and ship in your silver. 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. How Can I Get the Most Money for My Silver Flatware? However, you might be able to find some antique silver that has value simply because of its age. In addition, the product can be in working or non-working condition since this factor doesnt impact the appraisal value. No matter your reason for selling, we will give you the best possible price for your silver in a way that is fast, easy, and secure. Read more. As the largest online Precious Metals dealer in the country, we are able to make offers on more products than anyone. This product expertise allows us to offer the best price for your product. The underlying metal in silver plated flatware is often copper-based or nickel-based, combined with other metals. He has been featured in the US News and World Report, Student Loan Hero, and more. Silverrecyclers.com is a participant in various affiliate programs, including the Amazon Services LLC Associates Program.This is an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon. The expedited shipping times also means you get paid faster. Does it depend on if its sterling silverware or another type of flatware? While silver flatware made from coin silver isnt as valuable as sterling silver flatware, these pieces are still quite valuable. Sell Your Old Coins Today! As of March 11th, 2023 silver is worth $20.09 per ounce. You need to know the true value of your silver items. This way you are bracketing in a price range. They would most likely take your silver and then send it to a refiner. You will need high-quality close-up photos to showcase your piece and provide details of the silver for sale. Live auctions can be your best option for selling high-value silver. We pride ourselves on our integrity, trust and honesty. The best place to sell is going to depend on several different factors: So there isn't one best place. As of , the silver resale value in the United States was at $ per ounce, or $pergram. As one of the countrys largest buyers of bullion, numismatics, semi-numismatics, rare coins and currency, APMEX has purchased over $1 billion of product from the retail market. 1 recommended silver buyer is CashforSilverUSA, thanks to its A+ BBB rating, payment within 24 hours, 100% free trackable shipping, and free Jewelers' Mutual insurance up to $100,000, and best price guarantee. Gold and silver buyers, jewelers, and pawn shops buy precious metals of all kinds. Any large online bullion retailer like Apmex, JM Bullion, Provident Metals, or SD Bullion will also buy silver. 1. Do your research to find a reputable dealer that you feel comfortable working with. 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. More about Emma's credentials. Sterling silver and 925 silver are the same thing. UPS ships all orders to APMEX via Next Day or 2nd Day Air. It is easy to sell sterling silver online, whether you have sterling silver jewelry, sterling silver flatware or other items. You can get fair offers for coins but remember: the shop has to make a profit. Our top recommendation for selling sterling silver is CashforSilverUSA because: Here is a recent sterling silver payout on CashforSilverUSA.com: 5 silver bar buyers where you can sell silver. Getting several quotes can require more time, but the additional profit can be worth the effort. The price of silver can also be affected by factors such as supply and demand, geopolitical events, and economic conditions. If you want to sell sterling silver, you should first verify that its authentic not just silver plated. ebay is a good place to start see what other similar pieces might be selling for. Kitco is the trusted leader in the silver bullion and physical precious metals industry. Start the process today by requesting a quote online or giving us a call. Palladium: >20 ounces. Sterling 925 silver is in fact one of the highest-quality silvers you can find. You must first ship in your silver bullion, wait for an appraisal, and then decide whether or not to accept the payment. First, you will likely get a higher price for your silver online than you would if you sold it to a local jeweler or pawn shop. Jewelry Stores 8. Once they receive your items, the items will be appraised within 24 hours, at which point you will receive payment by check, Paypal, or bank wire. You would need to do research and find one that would accept your silver items. Your email address will not be published. Online bullion sites will buy these silver types: Silver bullion and bars from reputable producers can sell for the most money. If you need to make the first offer yourself then ask for more than what you would accept. Silver bars and other precious metals sold to Kitco are recognized in bullion markets around the world. Search homes for sale, new construction homes, apartments, and houses for rent. This can ensure you make the most money possible. With Replacements.com, you can get an offer to purchase for your items online. Bullion & Coin Exchange 20 Investing Gold Buyers $$ After mailing in your items, youll receive a final offer 14 days after your shipment is received. As an Amazon Associate we earn from qualifying purchases. 13. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Privacy Policy & Terms | You may find postings for people looking to buy your silver. Its also possible to offer local pickup for nearby orders. CashforGoldUSA's sister site CashforSilverUSA is the online silver buyer that we recommend. Keep in mind that it is never a good idea to put silver flatware in the dishwasher. Silver prices are up 10% from a year ago on a silver shortage and high interest rates.