Investors buy them to hedge against inflation and their investments paid off at the start of the 21st century due to rapid increases in the value of silver.
Best place to sell silver coins.
How to sell silver.
Rather than posting them on craigslist we suggest you sell them on a coin marketplace or take them by your local coin dealer.
Silver coins are popular investments among coin collectors and speculators.
The best place to sell is going to depend on several different factors.
If you own gold coins silver platinum palladium or rhodium you should always know a reputable source when you need cash or when the market conditions favor a sale.
Browse our gold and silver coins.
Additionally the retail market for coins is generally more active than bars or jewelry which means there is almost always a buyer.
When prices rise thousands of people seek to sell their collections of silver.
Still as a collector there may come a time when you need to sell pieces if not everything and reclaim the stash of cash regardless of the reasons for investing in your collection in the first place.
Low value medium and high value coins each have their unique best selling practices.
1 sell to a coin shop now the coin dealer is going to buy them for less than they are worth and this is normal.
Keep reading to learn about the different options.
Any wise investor understands that selling an asset properly is just as important if not more important than buying it.
However not all options will bring you the highest value and you may be left trying to strike a balance between a fast easy transaction and the most profitable option.
Went to sell some today slabbed graded peace dollars 1 is ms 65 value is 160 been to 4 dealers and their offer is 13 00 to 17 00 avoid dealers like the plaque.
If the guy gal running the coin shop bought them for.
The type of silver you are selling.
Selling gold silver bars.
So there isn t one best place.
How fast you want to sell.
This is a decent option for coins and bars but not for scrap silver.
Options for selling silver coins thanks to the rise of the internet you now have more options than ever when you want to sell silver coins.
A place to meet a large number of dealers and conduct selling your coins.
You ve found the best place to sell your gold and silver.
Gold and silver bullion bars generally have high resale value especially those bars that have been kept in professional vault storage.
Silver price only affects junk silver coins or culls only dealers have been ripping people off paying spot price for very rare coins.
Collecting gold and silver coins can be a fun and very lucrative hobby.