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.
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How can I buy and sell silver for profit
When the price of silver rises, a person can make a profit on gold coins and bullion, but this is the only way to make money, because the physical commodity is far from cash flow, unlike trading. You can buy silver from local dealers and pawnshops or maybe online dealers like APMEX or JM Bullion.
Can you sell silver online
Silver bars are sold on the same sites as jewelry plated with silver or gold. Brokers, silver exchanges and online silver buyers such as CashforSilverUSA will provide you with cash for your bars.
How much silver can I sell without reporting
We are required by law to report all sales of 90% U.S. gold and silver coins with a retail value greater than $1,000, as well as all sales of the aforementioned gold coins of which more than 25 were sold.
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What is the best way to sell silver
Creditor. Something borrowed.
numismatic exhibits. The Coin Showroom is a great place to eat silver coins.
Online.
smelters and refineries.
private buyers.
auctions.
Where is the best place to buy silver
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How to buy silver cheaply
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Where can you sell gold and silver
Where to safely sell your gold coins and precious metals. Sell ??to jewelers. Many expensive and high quality jewelry sellers also sell gold and silver, so you can walk up to them and sell them anything, but make sure it’s only you.
II. Sell ??to a pawnshop. You can simply give your gold coin to a pawnshop or jeweler.
III. sell online.
IV. Sell ??to your bank.
How to sell silver bullion online
Here are some of the main reasons: Profitability: Over a period of time, silver outperforms respected asset classes such as stocks.
Store of value: Money can retain its value and sometimes even appreciate in value if it gives investors enough time to make a profit.
Liquidity: Silver is generally a liquid market, and although you buy certain types associated with investing in silver, they are very liquid.
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