News flash: the market for silver jewelry has risen by almost 60 percent in recent years.
So, if you’re thinking of selling jewelry to silver dealers near you, it’s probably the right time to do it.
Do you have extra silver you are looking to turn into something else?
If that’s the case, discover the nearest silver exchange near me to get started!
Know Your Silver’s Value
Before you research “gold and silver buyers near me,” you should know your silver’s value first. Although there are tons of places that you could sell your silver to, you should know that some are more legitimate than others are. That’s why we’re here to help.
To accept an offer that’s close to how much your silver is worth, you’ve got to see if your silver is actually authentic. For example, purity hints such as markings like “925” let you know that your silver contains 92.5 percent real metal. In addition to this, it doesn’t hurt to conduct a few of your own authenticity tests as well.
After you are 100 percent sure that your silver is the real deal, you’ve got to figure out what its total value is. However, this is super easy to do if you’ve got a bunch of American silver coins for sale.
In fact, all you have to do is use a U.S. coin calculator to figure out its overall value. For the uninitiated, simply input the number of coins and the type of coins you have to receive a fast estimate.
What about those of you who are trying to sell scrap silver?
Similar to silver coins, there is also a calculator to estimate the value of your scrap silver. This can include anything from silver spoons to silver flatware. To get started, just enter the weight of your silver, choose the proper purity option, and press the calculate button!
Best Places to Sell Silver
Searching for silver buyers near me?
If you live in Southern California, then you’ve come to the right place. In case you didn’t know, some of the most important factors are how fast you want to sell your silver and what type of silver you are selling.
First of all, there are good old-fashioned coin shops. While these are great options for silver bars and coins, they are not exactly the best place to go if you want to sell scrap silver. Of course, it is extremely rare to receive the retail price that you may have purchased the piece for.
When it comes to scrap silver, the people that own the coin shop will be the “middleman” for you. This means that they will most likely send your silver to a refiner after they receive it. That’s why you might want to go somewhere else to sell your scrap silver.
And then, there are pawn shops. For pawnshop beginners, these places buy and sell silver. Usually, their offers will be around the same price as you would receive any silver coin shop.
However, this depends on the pawnshop. Another great option is to pawn your silver jewelry or scrap to receive money now and retrieve your valuable silver later.
What about selling silver jewelry on the Internet? We are glad that you asked.
For starters, eBay is a great place to start. On this auction-like website, you can sell virtually any type a silver to the person who places the highest bid. Otherwise, you can even sell it for a “buy it now price” too.
Not only that, but you can also sell the following on eBay:
- Sterling silver
But here’s the catch. Selling on eBay is both time-consuming and confusing. For those of you who are new to the silver selling game, your best bet is to sell to the nearest silver dealer near you!
More Silver Selling Tips
Thought that we were done?
Fortunately for you, we’ve got a few more silver selling tips up our sleeves. First things first, it pays to know negotiating techniques to get the best value for your silver jewelry or scrap metal.
The smartest thing that you can do is let the potential silver buyer make you an offer first. Who knows – they may just offer you more money than you ever would’ve thought of in the first place. If you are forced to make the first offer, then do your best to ask for a higher price than you believe your jewelry is worth.
Not hearing a price that you can live with?
We want to remind you that there is nothing wrong with walking away from an offer. Typically, this will make the silver buyer offer you their best price yet.
Do yourself a favor and receive several different offers from different silver dealers. Then, compare the offers and choose the best one for you. We wish you the best of luck!
Find a Silver Exchange Near Me
Are you sick and tired of googling the phrase find a “silver exchange near me?”
You’re really not alone. From silver jewelry to scrap metal, our useful guide has everything you need to get the best price for your precious items. Now, you are basically a silver selling pro!
Don’t know where to start?
There are tons of different options out there, including physical stores and online pawnshops.
Still searching for the best gold and silver buyers in Southern California?
Simply contact us to select a location today!