Do you want to know how to sell silver? Here are five options to go for when you want to sell silver.
Sell to a Local Dealer
The easiest way is to go to a local pawn shop or jeweler and sell silver in person. You go in, show them the silver you want to sell, count out the cash at the counter, and walk away with your money.
A caveat with this option is that it doesn’t pay as well as some of the other options below. But it’s easy if you have no extra time for research on how to sell silver. If you’re trying to get rid of old junk silver only then, this will probably be your best bet.
Sell Online through Craigslist or eBay
Craigslist might be just about your best option for selling items that people actually need and use, like silverware, flatware, and china. eBay comes in second place.
Craigslist is good because you post about your item on one site then sell it locally via cash or meet up anywhere that’s convenient for both parties. The only problem with Craigslist is that if you’re selling a rare or highly desirable piece of silver that there may be a lot of scam artists contacting you, which would ruin the fun of selling silver. In this case, eBay might be better because it’s safer because people will pay through PayPal and leave reviews after they receive their items.
Sell to a Local Buyer
This option is best for small amounts of junk silver, or any other type of scrap silver, where the price isn’t much of an issue since these types of buyers will pay you the most.
If you don’t know of anyone in your area, there are sites online where they will come out and pick up from you for a fee, but if it’s worth it to sell silver scrap or any type of silver to them, then it’s probably not junk enough to be considered as such.
Sell to a Refiner
This is the best option for silver and scrap silver. These guys will pay you top dollar for your pieces of silver. The only problem is that it takes time. If you have a lot of silver to sell or need fast cash, then this might not be the best option, but if you have a lot of junk silver laying around without a lot of value to anyone other than a refiner, then this is how to sell silver.
Sell Online through an Exchange
If you want the most up-to-date pricing information on what’s being paid for different types of forms of precious metals online, then probably the best place would be a website where they provide live spot prices on actual market conditions, bids and offers, and the price of silver that’s available on the market.
In conclusion, if you’re looking for how to sell silver, there are a lot of options out there. As long as you do your research and ask the right people, then you’ll get a good deal.
