You can sell silver to any place that will buy it.
Typically, you’ll want to avoid selling to places online if you can help it for several reasons.
FIrstly there’s the visual problem. They can’t see what you’re sending them and you can’t see if they’re legit. You could take the chance of mailing it to them and hoping they send you the money, but they could falsify the information or claim that they never received it.
Your best bet is to go to a silver appraisal shop or even a large-scale pawn shop. Both of these places are available in almost every town and city across the world. If you’re trying to find one, just look online in a search engine or the Yellow Pages and you’ll find one to take your silver in to. They’ll be able to look at what you’ve got and determine if it is silver, if it is 100% silver or only a part of it, as well as what they’ll give it to you for.
As of 2011, the current value on silver is $17 an ounce.
That means that’s what it is actually worth. So if you are looking to sell silver to another place, they’re not going to give you that much because they won’t be able to profit from the transaction. Depending on the place that you go to and how much silver you have, as well as how pure it is, you may be offered somewhere in the neighborhood of $10 per ounce.
Many businesses will understand if you want to shop around. You don’t want to take the first offer if it sounds too low. Go down the street and see if you can do any better, or hold on to your silver until the rates go up, like they were in the 1970’s at $50 per ounce.
Typically, you’ll want to avoid selling to places online if you can help it for several reasons.
FIrstly there’s the visual problem. They can’t see what you’re sending them and you can’t see if they’re legit. You could take the chance of mailing it to them and hoping they send you the money, but they could falsify the information or claim that they never received it.
Your best bet is to go to a silver appraisal shop or even a large-scale pawn shop. Both of these places are available in almost every town and city across the world. If you’re trying to find one, just look online in a search engine or the Yellow Pages and you’ll find one to take your silver in to. They’ll be able to look at what you’ve got and determine if it is silver, if it is 100% silver or only a part of it, as well as what they’ll give it to you for.
As of 2011, the current value on silver is $17 an ounce.
That means that’s what it is actually worth. So if you are looking to sell silver to another place, they’re not going to give you that much because they won’t be able to profit from the transaction. Depending on the place that you go to and how much silver you have, as well as how pure it is, you may be offered somewhere in the neighborhood of $10 per ounce.
Many businesses will understand if you want to shop around. You don’t want to take the first offer if it sounds too low. Go down the street and see if you can do any better, or hold on to your silver until the rates go up, like they were in the 1970’s at $50 per ounce.