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Monday, March 18, 2013

How to Sell Silver part 2


Welcome to http://www.goldandsilverhallmarks.com


gold and silver hallmark guide

Prices of silverware will vary depending on the age, condition, artistic value and whether or not your item is currently in fashion. Firstly to sell silver you need to know the metals quality and its age.

The quality and age of silver can be assessed by checking the silver hallmarks.

If you do not have a hallmark guide, have a look at our Gold and Silver hallmarks guide for your computer or mobile device.

When you have understood your metals age and purity you can begin to find other ways to sell silver.

The Purity and age of Silver can be found by examining any hallmark on the metal.
Sell Silver options:

1. If you are unsure of the value of your silver items, an independent valuation from a jeweller or expert is a good idea.

2. Many auction houses offer free valuations but if you decide to sell your silver at auction make sure that you put a reserve price on it beforehand and remember that the auction house will charge the seller a percentage of the sale.

This is about 15% usually with a small charge sometimes added for your silver to be displayed on the internet. If you want to sell silver this way it is probably a good idea to go for the added internet inclusion as you will probably get a larger number of potential bidders to be able to sell silver to.

3. The same goes for eBay. Selling on eBay is easy and can be very successful. Make sure you photograph your silver item and always include a close up of the hallmark.

Do your homework and take a look at the completed items to find the price of similar items to yours. If you have any doubts you can put a reserve price to ensure your minimum estimated price.

4. Some good quality jewellers will be able to value your silver and many will offer a scrap price. If you are considering selling silver for scrap it is important to keep an eye on the current rate.

Silver prices fluctuate daily but to get some idea of the value, silver is currently around £16 per oz on the stock market at the time of writing. Remember that the price of silver per ounce does not mean that this is the price that you will actually get for your silver but it does give you a guideline.

A reputable jeweller will adjust the scrap price in line with the spot rate to buy and sell silver. (A spot rate is the current stock exchange rate) so silver prices can change every day.

Prices between buyers vary so get a couple of quotes before you decide.

Previous - How to Sell Silver (part 1).

Understanding Gold and Silver Hallmarks is a complete guide to British hallmarks and assay marks that can be downloaded straight to your computer, i phone and mobile device for only £2.99

No need to learn or memorise the hallmarks, just keep the guide handy and check the details before you buy or sell silver or gold.

Understanding Gold and Silver Hallmarks is a complete guide to British hallmarks and assay marks that can be downloaded straight to your computer, iphone and mobile device for only £2.99.

gold and silver hallmark guide

This is not an just another app it is a pdf guide that can be read on anything that reads adobe acrobat files.

No need to learn or memorise the hallmarks, just keep the guide handy and check the details before you buy or sell silver or gold.
  
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Friday, February 22, 2013

How to Sell Silver - part 1

Welcome to http://www.goldandsilverhallmarks.com


gold and silver hallmark guide

In these economically strapped times the price of silver is at an all time high and a quick look down your local street will probably show a new shop that is specialising in buying unwanted gold and silver.

Elsewhere, in magazines and on the internet there seems to be hundreds of firms popping up and offering a service where to sell silver you simply put your unwanted valuables in a pre paid envelope and wait for the payment by return post.

But there have been documented cases where people have tried to sell silver items and have received very little in return.

You send off your silver valuables in an envelope and the gold and silver company contact you with an offer for your silver. If you disagree with this offer you can ask them to make a higher offer.

A recent BBC TV expose revealed that some silver buying companies would instantly doubled their price when questioned about their offer and even this was usually well below its true value.

It can be tempting to take the easy option and simply sell your silver to a company, especially if you have inherited silver and gold or been given as a gift but would you do this with other goods?

No one in their right mind would sell a £10 note for £2.50 but this is essentially what some of these cash for precious metals companies are proposing.

If you wish to sell silver you need to consider your best options for getting the best price. So what other avenues are open to you when you want to sell silver?

Next - How to Sell Silver (part 2).

Understanding Gold and Silver Hallmarks is a complete guide to British hallmarks and assay marks that can be downloaded straight to your computer, iphone and mobile device for only £2.99.

gold and silver hallmark guide

This is not an just another app it is a pdf guide that can be read on anything that reads adobe acrobat files.

No need to learn or memorise the hallmarks, just keep the guide handy and check the details before you buy or sell silver or gold.
  
original feed  Subscribe to Feed    Subscribe by email