What is the best place to sell silver?
Top Places to Sell Silver
- Auctions. Live auctions can be your best option for selling high-value silver.
- Cash for Gold. Cash for Gold makes it easy to sell precious metals and diamonds online.
- Coin Shops.
- Consignment Stores.
- Craigslist.
- eBay.
- Jewelry Stores.
- Online Bullion Retailer.
How much do dealers pay for Silver?
Most bullion dealers will offer about 95 percent of the spot price, though this will vary depending on market conditions. If you have a large lot to sell or products the dealer is in short supply of at the time, you might fetch a higher resale premium.
Where is the best place to sell bullion?
Our top recommendation for selling gold bars or coins is Abe Mor, who offer the best customer experience and value for your bullion. Selling with a reputable online dealer like Abe Mor is the best way to get close to market value, and turn your gold bullion into cash without any undue hassle.
How much can I sell my silver for?
Many people just look for some extra money between pay checks, others are in financial needs and some just want to cash out because the silver price is really high and attractive for selling….Sell silver online and get the most cash.
| .999 silver | $21.78 per oz | $0.70 per gram |
|---|---|---|
| .925 silver | $18.04 per oz | $0.58 per gram |
| .900 silver | $17.56 per oz | $0.56 per gram |
How do bullion dealers make money?
When a dealer buys gold from a customer or refiner, they then hedge that position with a futures contract (generally 100oz is the minimum you can hedge cost effectively). This way they are not exposed to price movements in gold. Instead they make money on their premiums and not the movement of the gold market.
How much do dealers pay for junk silver coins?
How much do you get for junk silver coins? Someone selling 90% junk silver coins will typically receive an amount at or just below the current spot price. For example, let’s say you’re selling a roll of 90% silver pre-1965 Washington quarters and silver is $20 per ounce.