Storing your flatware properly, especially if its sterling silver, is important for a couple of reasons. Additionally, as with eBay, you can search to see what other people are listing their items for. Online buyers are willing to pay more for silver because they can sell it for a higher price. 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. 16. ), 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. Yes! If you accept the offer, you will be paid promptly, minus any auction costs or selling fees. Craigslist can connect you with local dealers and private collectors. That means that if a pawn shop can sell your silver for $100, they will pay you $50 or less. As of March 11th, 2023 silver is worth $20.09 per ounce. Its also possible to offer local pickup for nearby orders. Wealthier families had this done because paper money was unstable at the time and coins were frequently stolen. Be safe when it comes to selling to a private party. They are especially interested in antique or vintage silver pieces that are no longer replicated or produced. There also chickens running around or . Second, it will help preserve the value of the flatware. However, the reach when selling through a community page will be much lower. Find the weight of your sterling silver in ounces, Multiply that weight by .925 to determine how much pure silver you have, Multiply that number by the current price of pure silver (in ounces). 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. Sign Up NOW to Receive These Great FREE Benefits: Opt-out at anytime, hassle free. There are just a few steps to get cash for silver. Sell Your Old Coins For Cash | Photo Coin Offers Schedule an appointment online or with an industry specialist near you. If your piece is attracted to a magnet, it is fake or plated silver is not magnetic. 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. When it comes to silver value, real sterling silver flatware is the most valuable type of flatware. Shop mortgages. Sterling silver is worth 92.5% of the current silver value. Please call our Purchasing team at (800) 514-6318 to discuss your products if you would like a quote. You also wont have to pay any shipping and insurance costs. 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.

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