How To Sell Your Silver
Sunday September 05, 2010How To Sell Your Silver In Minutes & Turn Your Silver to Money Fast
Research Your Items:
First and foremost before you jump into selling your silver, first find out a little history about it. You don't have to spend hours and hours laboring to find out this information, but doing so may earn you a little bit more money down the road. Is the silver in some way a collector's item or an antique? Did it come in a set? Try to write down as many details about your item as you can. If it happens to be a silver coin, does it have any special minted characters? Try out a Google search to conduct searches of similar silver items. Try out a Google Image search to be exact on the appearance. Go to eBay.com and conduct a few searches for your silver items. You will find listings that are happening now. Conduct a search for finished eBay auctions of your silver items to see what prices they fetched online. Tick the "Completed listings" checkbox, type the keywords your item may represent in the search box, and click "Search". Note that you will have to be an eBay member to do so.
If, for instance, you believe your silver item may be of some significant value, and are afraid to sell it for less than it is worth, you may want to consult a professional for assistance. You can contact a silver dealer or an antique dealer and they would be more than happy to offer free information towards conducting an official valuation.
Antique Dealers Near You:
Silver Dealers Near You:
If this doesn't help you or you would like a faster response, contact us and we will be more than happy to offer guidance.
Where to List Your Silver Items:
Your audience size is number one. The more people who see it, the more likely you will sell your silver at the right price. The internet is unmatched when it comes to its capability to deliver a sizeable audience. Better yet, it is practically free to use. If you want to get the best price for your silver try weighing it in OUNCES, and multiply the weight by the price per ounce. Auction Silver has a 24-Hour Silver Price/Ounce ticker right on the homepage. Place your ad in Craigslist for free and wait a week for calls. Usually Craigslisters will give you lower offers. It is up to you how low you want to go. If the offers are just too low for you, the next best place on the internet to tap into is the eBay marketplace. It's easy to set up a free account and you can do it by clicking here or on the image below. If you are new to eBay, let us tell you about it.
How to List Your Items:
Once you have a price range for your silver items you can advertise your silver for sale. If you decide on Craigslist, choose your city, then click "for sale", which will be below 'housing'. Click 'Post' in the upper right hand corner of the screen next to 'Help'. This next screen will prompt you to click on the category that most represents the type of silver you are selling, for instance 'jewelry' or 'collectibles'. From there, you just need to fill in the silver item details and you are on your way to getting calls or emails regarding the silver items.
If you decide to go with eBay, you will need an account. Going with either Craigslist or eBay to sell your silver items will require a few things to be successful. Take a few photos of the silver items. Take a photo or scanned image of the valuation if you have one. The valuation will most likely serve as an advantage because people will know the real value of the silver.
For eBay Users:
Log into your eBay account and then click the 'Sell' tab at the top right of your screen.
The next screen that appears will be asking you to fill out information about your silver items. Make sure you list them in the correct category. Although contrary to popular belief, it has been proven in studies that eBay auction items sell for a higher price than fixed price auctions or Buy It Now items. The explanation is purely psychological in that bidders grow emotionally attached to the items they are bidding on throughout the week, and don't want to see them go away.
Good Luck!