What You Should Know When Selling Unwanted Silver

Is there any resale value of sterling silver? When you want to sell sterling silver serving-ware there are several important factors to consider:

Purity and Hallmarks: Authentic sterling silver items are stamped with a hallmark such as “925” or “Sterling” to indicate their purity. Ensure your items are genuine sterling silver before selling them.

Weight: The weight of your sterling silver items is crucial in determining their value. Heavier items generally fetch higher prices. Jewelers and buyers often use grams or troy ounces to measure silver weight.

Current Market Prices: The price of silver fluctuates daily due to market demand and economic factors. Check the current market price to get an idea of your items’ worth.

Condition: The condition of your silver items impacts their resale value. Items in excellent condition with minimal wear command higher prices than those in poor condition.

Antique or Collector’s Value: Some sterling silver items may have additional value if they are antique, rare, or collectible due to their age, craftsmanship, or historical significance. You may need an appraisal to determine their worth accurately. Look for places that buy antique silver serving-ware for specialized buyers.

Selling Options: You can sell sterling silver through pawnshops, jewelry stores, online marketplaces, and specialty silver buyers. Research these options and choose the one that offers the best terms and prices. The best place to sell silver might vary based on your item’s specifics.

Documentation: If you have any documentation related to the purchase or history of your sterling silver items, it can help establish their authenticity and provenance, potentially adding to their value.

Selling Fees: Be aware that some selling platforms or stores may charge fees or commissions. Factor these costs into your decision when choosing where to sell.

When considering where to sell your sterling silver items, remember that you can sell with reputable places. Be sure to get multiple quotes from different buyers or appraisers to ensure you’re getting a fair price. Additionally, do your research and be cautious of potential scams or unscrupulous buyers. There are various buyers of silver, and finding the right one is key.

sell silver for cash

What types of silver items can you sell with us? The possibilities are vast, we buy all types of silver.

sell silver in any form, sell silverware, sell silver coins, sell old silver, sell silver bars, sell silver flatware, sell silver coins, sell half dollar coins, sell silver cutlery, sell sterling silver, sell sterling silver flatware, sell silver certificate dollar, sell sterling silverware, sell gold and silver, sell silver dollars, sell silver dollar coins, sell silver plated tea sets

Trust in PGS Gold & Coin to provide professional, transparent, and top-dollar solutions for all your silver selling endeavors. Experience the joy of selling gold and silver with confidence, knowing that PGS Gold & Coin is your trusted partner in turning precious metals into instant cash.

Visit A PGS Gold & Coin Location Near You!

PGS Gold & Coin

Palatine, IL

830 W. Northwest Highway Suite 7

Palatine, IL 60067

(847) 348-6447

Mon-Fri 10am-6pm

Sat 10am-3pm

Sun Closed

Get Directions

 

Wheaton, IL

600 South County Farm Road

Wheaton, IL 60187

(630) 868-3412

Mon-Fri 10am-6pm

Sat 10am-3pm

Sun Closed

Get Directions

 

Schaumburg, IL

900 S Roselle Rd

Schaumburg, IL 60193

(847) 278-7691

Mon-Fri 10am-6pm

Sat 10am-3pm

Sun Closed

Get Directions

 

Villa Park, IL

231 W North Ave

Villa Park, IL 60181

(331) 209-9854

Mon-Fri 10am-6pm

Sat 10am-3pm

Sun Closed

Get Directions

 

Discover the Convenience of Selling Silver Near You With PGS Gold & Coin

Are you searching for answers to the question, “where do I sell my silver?” Look no further than PGS Gold & Coin, your trusted silver buyers and coin shop. We understand the importance of finding the right place to sell your silver, whether it’s coins, flatware, dollars, bullion, bars, chains, or jewelry.

BEFORE YOU SELL, WHAT TO CONSIDER:

What do I need to know to evaluate the monetary value of silver coins, flatware, dollars, bullion, bars, chains, and jewelry before selling?

Evaluating the monetary value of silver items before selling requires a combination of knowledge and careful examination. Here are key aspects to consider for different types of silver items:

  1. Silver Coins:
    – Identify and Grade: Know the specific type of silver coin you have and its condition. Grading, such as Mint State (MS) or circulated grades, significantly impacts value.
    – Check Rarity: Rare coins can fetch higher prices. Research mintage figures and historical significance.
  2. Silver Flatware:
    – Determine Silver Content: Understand the purity of the silver in your flatware (e.g., sterling silver is typically 92.5% pure).
    – Weight Matters: Weigh your flatware, as the value is often calculated based on the weight of the silver.
  3. Silver Dollars:
    – Date and Mint Mark: The year of minting and the mint mark on silver dollars can influence their value.
    – Condition: Like coins, the condition of silver dollars matters. Uncirculated or well-preserved coins command higher prices.
  4. Silver Bullion and Bars:
    – Purity: Check the purity of the silver, usually measured in fineness (e.g., .999 for pure silver).
    – Weight and Size: The weight and size of bullion and bars directly impact their value. Larger and heavier pieces generally command higher prices.
  5. Silver Chains and Jewelry:
    – Quality Markings: Authentic silver jewelry often carries quality markings, such as “925” for sterling silver.
    – Gemstones and Design: Consider the presence of gemstones and the overall design, as these factors contribute to the overall value.

General Tips:
– Stay Informed: Keep yourself updated on market trends, silver prices, and collector demand.
– Seek Professional Appraisal: For accurate valuation, consider getting a professional appraisal from reputable dealers or appraisers.
– Consider Market Conditions: Silver prices can fluctuate, so timing the sale based on market conditions may impact your returns.

Before selling any silver items, it’s advisable to consult with experts, such as those at PGS Gold & Coin, who can provide a thorough evaluation and guide you through the selling process.

 

DID YOU KNOW? PGS purchases

Many different types of items:

  • US & Foreign Coins & Currency
  • Bullion- Gold, Silver, Platinum & Palladium,
  • Jewelry- Gold, Silver & Platinum
  • Diamonds & Engagement Rings
  • Dental Gold
  • Sterling Silver Flatware, Tea Sets & Platters
  • Fine Wine & Vintage Liquor
  • Military & Sports Memorabilia
  • Stamp Collections

Do you see an item on the list you’re thinking about selling? We’ve made it quick & easy to get a Free Evaluation of your items! Fill out our quick & easy FREE evaluation for here. You can also send photos to [email protected],or fill out our quick & convenient form here for a Free Evaluation.

We are Professional Numismatists, Appraisers and Precious Metal Specialists. We are well versed in collectibles, memorabilia & more!

With over 45 years of experience, we have built a strong reputation as a trusted name in our community.