I have some silver questions too, like best way to sell it

eldbillbo · Apr 1, 2011

so if silver is $34 per once for example or so they say ( or what ever the current posted price)

how do you get $34 per once

I read some sell it on ebay but then they have to pay 8% or what ever they charge

and if they don't get $34 well its not really worth that much then

so if you take it to a bullion dealer what % of value can you expect to get out of it if its coinage ?

what could one expect to sell it for in a private sale

Thanks

gunslinger1911 · Apr 1, 2011

ill give you $30 per oz

wjv · Apr 1, 2011

Lowest risk -> Highest risk

1) Go to a place like "http://www.ajpm.com" in Portland, or the many other PM dealers who pay spot price for PM. (buy prices are listed on AJPM's web page)

2) Sell in the buy/sell area of various forums (like this one) or over at Gold is Money.

3) Craig's list - but meet in a public place and accept CASH only.

4) eBay. . and get hosed with fees. Most people who sell PMs on eBay charge 10-12% more than spot price just so they can walk away with spot price after paying all the fees.

nubus · Apr 1, 2011

gunslinger1911 said:
ill give you $30 per oz

I'll give you $34.00.

supergenius · Apr 1, 2011

ill take it

Sasquatchvnv · Apr 1, 2011

Just put it up for spot - as you can see, there will be more than enough takers - myself included. If you try to sell it at a pawn shop or jeweler, the best you can hope for is "bid" price, which is always less than spot, and they will turn around and sell it back to you for the "ask" price or higher. Check kitco for current pricing. The best advice you'll get today is to keep what you have and buy as much more as you can afford.

Texfisher33 · Apr 1, 2011

I sold mine at Capitol Coin in Salem. Very friendly and received about $0.25 over spot.

baada · Apr 1, 2011

Sasquatchvnv is right. Buy right now. Until the DOW to gold spot ratio is 1. Then think about selling. It's at about 8.7 ish right now. Plenty of time to buy still.

Check out National Inflation Association. Awesome site. Spread the word too.

Simonpie · Apr 1, 2011

I went to Craig's rare coins in Beaverton and he paid the same spot # I was getting off the web for bullion and "junk coins". Green cash money.

Siglvr · Apr 2, 2011

Most of the people selling it will have a "buy" and a "sell" price listed. Naturally you buy it for more, but it's usually not a significant difference. Go there (where you bought it) and sell it. If you have a lot of it, then it would be worth looking around first.

Ammo Can Sales · Apr 2, 2011

eldbillbo said:
so if silver is $34 per once for example or so they say ( or what ever the current posted price)

how do you get $34 per once

I read some sell it on ebay but then they have to pay 8% or what ever they charge

and if they don't get $34 well its not really worth that much then

so if you take it to a bullion dealer what % of value can you expect to get out of it if its coinage ?

what could one expect to sell it for in a private sale

Thanks

Bring it over and I will turn it into ammo cans that you can use. (I do trade ammo cans for silver)
I do agree with the person that said to purchase more.

spider · Apr 2, 2011

AAAmetals these guys don't mess around they'll give you spot or over for your metals, I have 20 .999 troy ounce rounds that I may bring over to them shortly and swap out for some gold grams lol