Do you need cash quickly? How much of a silver stash do you have? Is it substantial enough to get the cash you need? Here are tips to help you to sell silver bullion you have for the best price.
#1. Know what your silver is worth
Before you take your silver to a dealer, try and find out the fair price for your gold. The price of silver depends on a couple of factors:
- The weight of the silver product
- The purity of level
- The market demand
#2. Find out what the fair market value is for items that are similar to your own
Most buyers will offer you fair market value if your silver bullion has a famous hallmark or is made by a refinery that is on the LBMA good delivery list.
#3. Get a professional appraisal
Do not sell silver bullion to the first dealer that …