Many people would like to sell silver pieces that they do not use. It may be silver jewelry, silver flatware or table pieces, old silver coins, or even silver bullion. But no matter what you have, the best place to sell silver is at an online dealer.
You can seldom find decent prices locally when you sell silver. Most people think of pawn brokers when they first decide they want to sell silver. However, pawn shops want to quickly double their money, so by the very nature of the business, they cannot offer top dollar if you need to sell silver.
The best way to sell silver is to use an online or mail-in service. The problem is that there are many less than honest dealers in the market, so you have to do a little research to find one with which you are comfortable to use to sell silver. Following are some suggestions on how to find a good online dealer to use when you want to sell silver.
Check the reputation of the dealer when you want to sell silver. Look for complaints filed against them with the Better Business Bureau or the Federal Trade Commission. One company that does a lot of advertising on television has had literally hundreds of complaints lodged against it. (Incidentally, there is one site– Silver and Gold Exchange—that is not only Better Business Bureau Accredited, but has never had even one complaint filed against them.)
Compare prices at a number of sites before you sell silver to anyone. Make sure that the prices posted are current. Some sites list outdated prices, and you need to know what the current price is before you can sell silver at the best price. (Silver and Gold Exchange uses a real time price list that is constantly updated while the market is open.)
See how much the company will insure your shipment for. Some sites you can use to sell silver will only insure each shipment for a maximum of $100. (Silver and Gold Exchange insures your shipments for up to $5,000 each.)
Also find out how the company handles returns if you decide not to sell silver to them. Some will just send you a check and consider the matter closed. Others offer you a limited time to return the check and receive your items back. (Silver and Gold Exchange will email you with an offer first. If you want to go ahead and sell silver to them, they will process your payment promptly. If you decide you do not want to sell silver to them, they will promptly return your items and pay the shipping costs to do so.)
At Silver and Gold Exchange you will also find much helpful information, such as how to tell silver plate from sterling silver and how to protect yourself from unscrupulous dealers. Believing that a well-educated customer is a happy customer, they endeavor to make it a pleasant experience to sell silver to them.
When you add it all up, Silver and Gold Exchange is not just a good place to sell silver, it may well be the best place to sell silver.