Top Places to Sell
- Coin Shops. This is a decent option for coins and bars, but not for scrap silver. ...
- Pawn Shops. Similar to coin shops, your local area pawn shop buys and sells silver. ...
- eBay. Selling silver on eBay is a good option for any type of silver. It's an online auction website so your items will be sold to the highest bidder.
- Cash for Gold. You should stay away from these businesses because they are just middlemen. ...
- Craigslist. You can find a local buyer through Craigslist or another similar website. Typically you would get the highest price by going this route.
- Refinery. Ideally this is one of the best options for scrap silver. Refineries buy silver and then melt it down to produce new items.
- Online Bullion Retailer. Any large online bullion retailer like Apmex, JM Bullion, Provident Metals, or SD Bullion will also buy silver.
What is the best silverware to buy?
What to Look for When Buying Flatware
- Material. Silver: Flatware is often called “silverware” for good reason: Traditionally, it was silver. ...
- Stainless Steel Grades. You can’t just grab any flatware that boasts the stainless steel logo, though. ...
- Finish. ...
- Stamped vs. ...
- Quantity. ...
- Design. ...
- Ease of Use. ...
- Price. ...
Is silverware worth money?
While it is possible to get good money on single flatware pieces, you will get much more if you have complete sets. For example, simple knives, forks and spoons can go fast in the market if they are of real sterling silver.
How much is a real silver silverware set worth?
With the exception of its 32-piece chess set (which can sell for as much as $279.99 on eBay ), the majority of Avon bottles aren’t worth anything. Microsoft and partners may be compensated if you purchase something through recommended links in this article.
Where can I Sell my sterling silver flatware?
Visit eBay and enter the maker and pattern of your sterling silver. Before you get too excited at the listed prices that come up, remember that this only shows active auctions that no one has purchased yet! Instead, look at the menu of filters on the left of the page. Under Show only, select the box that says Sold listings.
Can you get money for old silverware?
Fortunately, flatware and sterling silverware sets can be worth a good amount of money, making it worth your time to sell your unwanted silverware. Gold and silver buyers like PGS Gold & Coin offer top dollar for sterling silver flatware, hollowware, tea sets and candlesticks.
How do I know if my old silverware is valuable?
Observe the Flatware Pattern The pattern engraved into your flatware pieces may also help determine how much they are worth, as some patterns are rarer and may have a higher value. Pieces that have a family monogram or are marked with initials have a lower value, as it is harder to find a collector.
How much do old silverware sell for?
As of May 10, 2022, the silver resale value in the United States was at $22.46 per ounce, or $0.79 per gram. Keep reading for more information about how to value your silver flatware, places to sell your silver tableware, why we think CashforSilverUSA is the best place to sell silver, and how much you can get in cash.
How do I sell vintage silverware?
Go online and post the antique silver that you want to sell. It can be the best way to establish the true value of your silver because it is then easily compared to other antique silver pieces. Antique silver buyers hunt online for pieces that they are looking for.
Are old silver spoons worth money?
The price of Sterling silver souvenir spoons range from $5 to $2500. An overwhelming majority of spoons are sold for not more than $60 while an extremely high percentage go for not more than $30.
How do you get silver appraised?
Another way of learning the current market value of your pieces is to take them to an appraiser. These experts will be able to give you a good idea of what your personal silver flatware is worth. They will take into account any damage or missing pieces your set may have in order to give you the most accurate estimate.
What can I do with grandma's silverware?
Don't toss out your old silverware. Here are 11 nifty ways to repurpose itStarburst mirror. We are in love with this idea that transforms regular silverware into art. ... Eat sign. ... Dragonfly garden ornament. ... Silverware cabinet handles. ... Spoon wind chime. ... Silverware hooks. ... Spoon garden markers. ... Fork and cork garden marker.More items...•
What is the best way to sell silver?
Just as you might sell gold or platinum, you can sell silver in a number of ways. The most common of these is to bring your silver to a local pawn shop, a silver exchange, a consignment shop, a local jeweler, or by using an online website.
How can you tell if silverware is real silver?
0:041:08How to Know if Your Silverware is Real in 1 Quick Step - YouTubeYouTubeStart of suggested clipEnd of suggested clipAsked questions how to tell if your tableware is real sterling silver. It's. Very easy only takesMoreAsked questions how to tell if your tableware is real sterling silver. It's. Very easy only takes one step. So what you're gonna do is just look for markings on your item such as a fork or spoon or
What is the most valuable silverware?
Handcrafted in New York by silversmith Cornelius Kierstede during the early 1700s, the Antique American Punch Silver Bowl surpassed all American silverware sale records by exceeding initial estimates of $400,000 and $800,000 — selling for a whopping $5.9 million.
Should you clean antique silver before selling?
0:003:00Should you clean your silver before you sell it? We explain ... - YouTubeYouTubeStart of suggested clipEnd of suggested clipBefore it's sold and if you've got silver then you need to do the same. Now you don't need to polishMoreBefore it's sold and if you've got silver then you need to do the same. Now you don't need to polish it until it sparkles like there's no tomorrow.
How to get money for silver?
At an Auction. Another way to get cash & money for silver pieces is to take them to an auction. While there may be serious bidders here, remember that you will have to pay a commission to the auction service.
Can you offer silver flatware?
If you know someone who collects silver pieces , you may decide to offer your silver flatware to them. Collectors are going to be very particular about what they buy, though, so don’t expect to get a good offer if your silver isn’t in good condition, isn’t a complete set, or isn’t that old.
Sell Your Silver
Our clients want to know how to sell silverware for the best price. Many people collect or inherit antique silverware sets and wonder how to get a fair offer. We buy your silverware at a competitive price and guarantee an exquisite service.
Fair valuations with Burlingtons
You will receive a fair valuation that makes use of our extensive relationships with dealers and collectors. Not only that, but we are also able to provide an immediate cash payment for old or new sterling silver or silver items.
Sell your silver
We will give you a good price for the antique silver piece you never use, the silverware sets you only use once a year or the tea sets you only get out when the party is over. If you have any antique, vintage or modern silver that you would like to sell, we have an interest in buying from you.
Why should I sell my silverware to Burlingtons?
Silver antiques are one of the most important things that we buy from our clients. Burlingtons Ltd has been buying and selling antique, vintage or modern silverware for many years. Our experts are on hand to give you the best valuation possible.
When selling your silverware with to us you will benefit from the following features of our service
No auction fees: There are no hidden fees or commission charges when you sell your silverware with us. Many people think that using an auction is a good choice, but lots of times it is a lot more expensive than they think. It’s possible to pay up to 40% of the final price in fees when using an auction.
Get a valuation and sell your silverware with us
We have over 20 years of experience and can give you a price for your silverware that will be unachievable at an auction. It’s also an amazingly fast way to get your items sold, and our valuations are obligation-free.
How to tell if an item is silver plate?
However, the easiest way to tell if an item is a silver-plate is simply by a lack of marks indicating its silver purity.
What is sterling silver?
Sterling: Sterling is a legally binding term. If it’s marked with the word sterling, it must be 92.5% pure silver, and not plated. .925 (or higher number): Indicates that the silver is at least 925/1000 purity (the remaining 075/1000 additive is usually copper), and was manufactured in America.
How to find intrinsic value of a piece of jewelry?
To determine a piece’s intrinsic value, you’re going to need a scale to find out exactly how much it weighs. Silver and other precious metals are measured in troy ounces, which is 31. 1 grams per ounce . That’s opposed to the standard ounce, which is 28.35 grams.
Can you sell silver flatware in haste?
It’s also important to remember that selling silver, even for its intrinsic value as metal, shouldn’t be done in haste. Do your research about the origins of your silver flatware and tableware, weigh the pros and cons of the various ways you can sell it and keep an eye on silver prices.
Can you relist silver if it didn't sell?
If items didn’t sell the first time around, you can always relist. However, you may find yourself wanting to get rid of your silver either because it’s taking up space or selling it is becoming too much work.
Do whole sets sell for more?
An important note: Whole sets often sell for much more than individual pieces as sort of collector’s starter kits. If you have multiple place settings, also search for your items with the word “lot” or filter results from highest price to lowest to get an idea of the worth of your whole bundle.
Is silver a commodity?
The current price of silver. As a commodity, silver goes up and down in value. If the price of silver is high, you’ll get a better price when selling it just for the price of its metal. The age and rarity of the pattern. Silver patterns come in and out of popularity.
What is junk silver?
Bullion coins are best for investing, while if you have a rare coin it's most likely part of a collection or hobby. Junk silver refers to all of your extra change that was issued before 1965 and is made of 90% silver. ...
How to tell if silver is sterling?
Silver should have identifiable marks, so to figure out if your silver is sterling or not, check to see what it's labeled as. If it says “sterling,” "ster," or “.925,” the silver is sterling. If it says “silver-plate,” “plated,” “EP,” or “EPNS,” the silver is plated. Sterling silver might say “.925” because it's 92.5% pure silver.
What does 925 sterling silver mean?
Sterling silver might say “.925” because it's 92.5% pure silver. When talking about plated silver, “EP” stands for electroplated and “EPNS” stands for electroplated nickel silver. ...
What is silver coin?
Most silver is either a bullion coin, rare coin or collectible, scrap silver (which includes rounds and bars), sterling or flatware, or junk silver. If you have more than one kind of silver, separate them so that you can find a seller for each one.
Is it easier to sell coins at a coin show?
Complete sets of coins are easier to sell than just a few from a random collection, and they're also much easier to price. It's easier to sell at a coin show if you have a transportable amount of coins. ...
Is a pawn shop good for silver?
Pawn shops are great because you get paid on the spot, but you won't get a good price for your silver unless it's super valuable. If you have quality items, such as sterling jewelry, firearms, or a nice watch, visiting a pawn shop could be the right choice for you.
Is it better to sell silver?
It's better to try to sell your silver with an idea in mind of about how much it's worth. This will keep you from being scammed when it comes time to actually sell your silver and will allow you to gain the most profit. Online valuations will help give you the approximate value of your silver, usually for a small fee.
How to know if silver is real?
The first step is to verify that your silver is real. You can look for purity hints that show markings such as 925, which is 92.5% silver. But to really know for sure, you need to do a few tests.
What are the downsides of eBay?
While there is plenty of upside to using eBay, there are also several downsides: 1 It can be time-consuming if you have multiple items to sell 2 The eBay selling fees are 10% of the total sale price 3 You will typically get paid through PayPal which has poor customer service 4 There is a short learning curve if you've never used eBay before
Is eBay good for silver?
Ebay has a good market for silver and you can sell for high prices. In addition there is demand for all types and varieties of silver such as silverware, jewelry, sterling silver, etc. While there is plenty of upside to using eBay, there are also several downsides: It can be time-consuming if you have multiple items to sell.
Do refineries melt silver?
Refineries buy silver and then melt it down to produce new items. However most refiners do not deal with consumers or small orders. At this time we don't have any specific refiners that we can recommend. You would need to do research and find one that would accept your silver items.
Is it good to sell silver on eBay?
Selling silver on eBay is a good option for any type of silver. It's an online auction website so your items will be sold to the highest bidder. You could also set a buy-it-now price. It helps if you already have a seller account with feedback.
Is selling silver as easy as buying silver?
Selling silver is not as easy as buying silver, but it can be a simple process. Once you know the true value of your silver then you can take offers and compare them.
Can you get fair offers for scrap silver?
You can get fair offers for coins but remember: the shop has to make a profit. So they won't offer you the retail price. For scrap silver, the coin shop would act as a middleman. They would most likely take your silver and then send it to a refiner. Therefore it's best to go elsewhere with scrap silver.
How to sell silver?
How to sell your silver in 3 easy steps. Just as you might sell gold or platinum, you can sell silver in a number of ways. The most common of these is to bring your silver to a pawn shop, a silver exchange, consignment shop, a local jeweler, or by using an online website . 1. Check the markings on your silver to understand its quality.
How much silver is in silver flatware?
Silver flatware is often 90% silver, though that percentage can vary substantially. Silver-plated flatware will contain much less silver. Again, though, it is worth noting that antique or collectible items may hold more value due to their craftsmanship or history.
What is silver mark?
Silver markings, called stamps or hallmarks are small marks left in silver objects by the silversmith who created the item. They are typically required by law for commercially sold silver goods. These marks indicate how much silver is in the metal (for example, 925 for sterling silver and 900 for coin silver).
How much is Kitco silver worth in 2021?
As of May 10, 2021, Kitco silver prices closed at $27.33 per ounce, or roughly $0.88 per gram. This represents a 7.88% increase in price over the course of the last 30 days, and a 76.06% increase in price over the last year.
How much is sterling silver worth?
Sterling silver is worth 92.5% as much as pure silver, since that is how much pure silver sterling silver contains. To find out how much your sterling silver is worth, you will need to do a simple calculation: Find the weight of your sterling silver in ounces. Multiply that weight by .925 to determine how much pure silver you have.
How much silver is in a troy ounce?
This means that there are 31.10 grams of silver in a troy ounce, compared to 28.35 grams of silver in an imperial ounce.
Why does silver price rise?
Silver prices rise when there is increased demand for the metal, either because investors are fleeing riskier investments (such as stocks) and seeking safer investments, or because consumers are purchasing more items that require silver components.