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While selling silver, it depends on the form of silver that you have. Are you trying to sell silver coins, cutlery or jewellery? Trading silver in the London is easy and fair. London has something called the "Fix" which starts at 12:15 p.m. A fix means that you can buy and sell silver at the same price. The price may change from day to day. But at the time of the "fix" the rate of silver is the same for buying as well as selling. Check for the silver market and visit there during the fix time to sell silver. In the United States of America, the major trading market for buying and selling of silver is COMEX division of the New York Mercantile Exchange. There are a number of websites where you can check the price before you decide to sell silver. The best way to make profit through selling silver is to know when to sell.
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To sell silver or any precious metal, go to a certified coin dealer. Check your yellow pages and look for someone who's been in business a while! If you check a Numismatist web site, you might find when and where coins shows will be. There's a huge coin show that happens in Central Florida the first of January every year. The competition is terrific and they want your business. Check around, maybe a trusted friend can help you out as to who to ask!
Pawn shops will not give you a very good price, they are out for a large profit and you'll get diddly-squart.
Hang on to it and watch the market for the rise and fall of gold and silver!
I've bought many gold chains at coin shops, as they sell by the "penny weight".
Pawn shops will not give you a very good price, they are out for a large profit and you'll get diddly-squart.
Hang on to it and watch the market for the rise and fall of gold and silver!
I've bought many gold chains at coin shops, as they sell by the "penny weight".
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answered 8 months ago
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