The benefit of precious metals such as gold, silver and platinum is their liquidity. This means that you can turn them into cash quickly & easily whenever you please. Follow the 3 Gold & Silver selling tips below to ensure your getting the highest payout possible for your items.
When it comes time to sell your gold or silver, the first step is to gather everything you feel comfortable selling. The more you sell at a time, the more people will want to do business with you which means your bids will be higher. Higher bid = higher payout!
Knowledge is your best friend. In the case of selling your silver and gold, it pays to do some research once you’ve gathered all the coins, jewelry, and scrap metal you can want to sell. Next, look up what your items are being sold for online as well as what gold and silver are currently trading at. At the top of or our website you will see a Kitco banner with this real time info for quick access.
Lastly, you need to find the best location to sell your gold and silver. Generally speaking, your best bet is to go to a Local Coin Shop. Local Coin Shops are also referred to as coin dealers as well as coin buyers. The reason a store like this is your best choice is because of their experience and business structure. By dealing with a Local Coin Shop you know you will be in the hands of professional & knowledgable employees. In addition, they have the business structure in place to pay you pay you cash for your gold & silver. Most importantly, they will be able to evaluate your item to determine its true value, which leads us to the 3rd and final point below.
An appraisal is basically an evaluation of your gold or silver item. It is a process which includes a professional examining the quality, condition, rarity, and overall value of your coin or jewelry. Using different tools such as scales, microscopes, magnifiers, diamond testers and more your local coin shop will be able to appraise your item on the spot. The best part about this process is that you do not commit to anything and are free to take the offer or leave.
If you do decide to take the offer you will get paid cash on the spot!
Interested in a free appraisal? Find Our Nearest Location Today!