There are a few considerations you’ll want to think through before selling your silver. Since most people wonder when the best time to sell silver is; here are three factors to take into account: What are the market conditions like? What is the value of silver against the dollar? And what is your current need for cash?
If you want to learn more about selling your silver items, keep reading. Below you’ll learn more about the commodity and how it is valued.
The First Step: Get Your Silver Evaluation
At Fine Estate Buyers, we help our clients by evaluating their silver and giving them a better idea about what it is worth. We can evaluate everything from jewelry to silver products like silverware and silver coins. Once we can look at your silver, we can evaluate it for purity and what other attributes of value it might have.
The Second Step: Appraisal and Offer
Once the evaluation is done, we can give you an appraisal value and what we can offer you for the item(s). If these items are jewelry and they have luxury brands attached to them, they might even be worth a little more than the metal itself. The same is said for silver items that are antiques.
The Third Step: Cash for Silver
If you choose to sell it to us, we will offer cash in return. Even if you don’t decide to sell it right then, you will at least have a better idea of what it’s worth and then evaluate if the sentimental value out weights the financial value of the item.
Suggestions for Selling Silver
Silver is a commodity, and there is a lot of information out there about it. We always suggest to know the value of the commodity and do a little research on your silver. Doing the homework, in general, will help you establish what is a good deal and will help you be as realistic about your silver as possible.
Look for value-add marks such as sterling silver which is stamped. You can use a magnifying glass to look for the word “sterling” or look for the number 925, which will tell you it is 925 parts per 1000 parts.
Test the antique value of your silver. If your items are marked or serial numbered, you’ll want to look into those items to ensure you’re not selling something for scrap that would have far more value as an antique. At Fine Estate Buyers, we alert our clients to when we suspect anything has more value than they imagined, which will help you make a better decision on the future of that piece(s).
Can we help you with selling your silver? We would love to see what you have so we can offer you more specific insight into the buying and selling of silver. Please call or contact us online today so we can assist you in your silver selling process.