Where/how to sell silver I found in attic

Inwestor's picture
Rank: Chimp | 3

I used to laugh at those cash for gold commercials, but after googling it, it seems that those types of places might be the only way to go. I'm going to call different places and ask for quotes, is this stuff negotiable? Any advice on the matter would be appreciated.

Comments (13)

Apr 21, 2011

you can sell all of your stolen merchandise at your local pawn shop

Apr 21, 2011

Are they coins or what? If it isn't graded don't expect to get top value, but you should at least get close to spot price of silver - manufacturing cost. If you take it to a coin shop you might get a better deal...still though it is going to have to get graded before any serious collector wants it, unless it is something extremely rare. Just don't be like the tools that think OMG ITS SILVER SELL SELL SELL half of that shit might be more valuable then market rate of silver. If it is jewelry then you are fucked unless it is made by a top jeweler who is well known.

Apr 21, 2011
blastoise:

Are they coins or what? If it isn't graded don't expect to get top value, but you should at least get close to spot price of silver - manufacturing cost. If you take it to a coin shop you might get a better deal...still though it is going to have to get graded before any serious collector wants it, unless it is something extremely rare. Just don't be like the tools that think OMG ITS SILVER SELL SELL SELL half of that shit might be more valuable then market rate of silver. If it is jewelry then you are fucked unless it is made by a top jeweler who is well known.

It's mostly coins.

Apr 21, 2011

I would hold on to it actually, coin value is tied closely to discretionary spending unless we are talking extremely rare coins which tend to defy the general market. Like it was been said before you will have to get them graded, but before you do that do some research on the coins your self to make sure someone doesnt try and cheat you out by saying that the coins, for example if you had silver eagles and some dealer tried to make you think you had just any old silver coin the difference per coin could be upwards of $450 dollars.

Follow the shit your fellow monkeys say @shitWSOsays

Life is hard, it's even harder when you're stupid - John Wayne

Apr 21, 2011
heister:

I would hold on to it actually, coin value is tied closely to discretionary spending unless we are talking extremely rare coins which tend to defy the general market. Like it was been said before you will have to get them graded, but before you do that do some research on the coins your self to make sure someone doesnt try and cheat you out by saying that the coins, for example if you had silver eagles and some dealer tried to make you think you had just any old silver coin the difference per coin could be upwards of $450 dollars.

Check out eBay. My dad has been a long time coin collector and has increased his buying activity since the economic downturn as a hedge against inflation (I think he has some gold and silver bars in a safety deposit box also) but he buys a lot of silver coins on eBay. Since it's an open, worldwide marketplace you will typically find reasonably (read: accurately) priced coins. So maybe you can use the site to sell the coins if you want, but at the very least you should be able to figure out if you have anything that is more collectible or valuable.

Regards

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Apr 25, 2011

I agree with above. Look at eBay. If collectors are interested in your piece, they'll pay top dollar for it. And you don't have to worry about paying a spread/commission to a dealer.

Apr 25, 2011
Ben Shalom Bernanke:

If collectors are interested in your piece.

Bitches always be interested in my piece mufuka

If I had asked people what they wanted, they would have said faster horses - Henry Ford

Apr 25, 2011

You can trade physical silver on kitco.com. They'll offer great prices, close to the spot price.

"The code of competence is the only system of morality that's on a gold standard." - Francisco d'Anconia

Jun 27, 2011

Have them appraised on local refiners for quick cash.

Lisa L Rodgers
Jewelry Buyers

Jun 27, 2011

SellRevslyYourSilverFor70%BelowMarketValue.com

Jun 27, 2011

If you try to take them to a local "appraiser" they will give you near nothing. do not do this unless you absolutely need the money that bad(which you probably dont). If they are coins, they are more likely to have some type of premium priced in. Hold on to them....

Jun 27, 2011

More is good, all is better

Jun 28, 2011
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