How to Sell Silver

In today’s difficult economy, many people are out of work and looking for ways to make ends meet. One way to make some extra money is to sell silver. This can be in the form of jewelry, silverware or other pieces like candlesticks. This precious metal is currently worth almost thirty dollars per ounce. Even a simple chain necklace can weigh two or three ounces, which could be sold for nearly sixty dollars.

In order to sell silver for the best price, it is a good idea to get quotes from several different vendors before committing to a sale. It is also important to understand the market. A jeweler will give more money for intricate pieces than a metal wholesaler since they are more interested in the artistic value instead of the weight. Similarly, candlesticks may be worth more to an antique store or collector than simply being sold based on weight.

There are many ways to sell any extra or unused silver including mail order and eBay. Mail order services will provide a secure envelope to return the jewelry and will then mail a check. eBay is an auction site that can get a higher price, especially if the item is unique or has special meaning. Pawnshops will also usually buy silver, but for a very discounted price. Of course it is also possible to use internet classified listings like Craigslist to find potential purchasers of valuable pieces. Though it can be hard to get the full price when selling silver, the extra money can be extremely helpful.

I invite you to learn more on how to sell silver.