Can you sell a slabbed silver coin for cash?

Can you sell a slabbed silver coin for cash?

If you have a slabbed or graded coin or was handed a coin collection from your grandparents, estate etc … you may have some valuable rare or numismatic coins in your possession. These can sell at a very high premium depending on the rarity, quality, age, and strike of the coin.

Are there any dealers that sell silver online?

There is no shortage of bullion and precious metal dealers that operate online and have silver buying programs. One can browse some of our bullion dealer reviews and see the positive or negative feedback received. Most of the major precious metals dealers are actively buying from the public.

Where can I find the spot price of silver?

You can check the top right of this site for the spot price or just go to kitco.com to verify. This will give you how much people are buying or selling at that time. Next take inventory and identify the type of silver. Bullion coins come from government mints as .999 fine silver and will usually sell at a premium to the spot price of silver.

What do you get for 10 ounces of silver?

For the most part this will probably sell for spot or melt value. Melt value being if you have 10 ounces of silver, you will get only 10 ounces of the spot price of silver. This is a loosely named term for US coins issued before 1965 that contain 90% silver.

What should I do with my mother’s silverware?

If you’re hoping to cash in on the stack of silver chafing dishes, trays, flatware and candlesticks your mother labored to keep clean for 50 years, don’t buy those tickets to Hawaii just yet. Remember: after WWII, every housewife wanted to entertain in style, but not every household could afford solid silver accessories.

What’s the best way to sell family silver?

Never settle for the first offer you get. Remember, these people make a living by buying low and selling high. Get two or three offers, then consider which one you feel is best for your situation. An alternative to this would be to take your family silver to a silver dealer for an evaluation as to its value.

Can a set of sterling silver be sold for scrap?

If you are lucky enough to have a set of sterling silver sitting around, don’t be upset when a liquidator or an estate agent puts it on a scale to calculate its scrap value. In the end, only the most desirable patterns and makers have value over scrap today, and often even that isn’t much after you pay all the commissions to sell it.

When is the right time to sell silver?

We are passionate about empowering our customers by providing them with the resources and knowledge to make the best investment decisions for their needs. Selling at the right moment is an important part of maximizing your Silver investment. If you are facing an emergency, the immediate liquidity of Silver may be a comfort to you.

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