17 Best Places to Sell Silver Online (& Near Me)

Below, I’ll cover where to sell silver online and locally!

What’s the Best Way to Sell Silver?

When people want to sell their silver, they often look to local options like pawn shops and jewelry shops first. However, selling online can be a great option.

Here’s why you might want to consider selling silver online rather than locally:

It Can Be More Convenient

When you sell your silver to a local place, you need to visit the store and drive from store to store to compare prices.

Selling online eliminates these hassles. You can compare prices from your phone or computer and sell your silver from the comfort of your own home. Plus, you don’t have to worry about store hours.

Additionally, selling online makes it easier to get multiple quotes without having to navigate awkward conversations like, “Thanks for your quote, but I’m going to get more quotes.”

You’re Not Limited to Where You Live

Your town or city will only have a limited number of stores that purchase silver, and you may not want to drive far to find more.

Selling online removes these geographic limitations. You can access offers from around the world right from your computer, giving you a much wider range of options for your silver.

In-Person Buyers Can Have Overheads That Lower Their Offers

Brick-and-mortar stores have overhead costs and expenses, such as rent, maintenance, staffing, and utilities. These costs can affect the offers they make for your silver.

Online businesses often don’t have these physical overheads, so they can sometimes offer higher prices for silver. Without the expenses associated with running a physical store, they can provide better deals.

You Can Read Reviews Online

It can be hard to find reviews for local jewelers or silver buyers, especially if you live in a smaller town. This is less of an issue for online silver buyers. Most sites that buy silver have reviews on platforms like Trustpilot or the Better Business Bureau (BBB), making it easier to find legitimate places to sell your silver.

Given these advantages, there are many reasons to consider selling silver online.

Below, I’ve covered some of the best sites for selling silver online, including their ratings on Trustpilot and the Better Business Bureau (BBB).

Where to Sell Silver Online

Here’s where you can sell silver online.

1. SellYourGold.com

• Trustpilot rating: 4.8 stars (Excellent)
• BBB rating: A+

One of the best places to sell silver online is SellYourGold.com. Despite its name, SellYourGold.com buys both gold and silver!

On Trustpilot, the company has more than 6,000 reviews with a rating of 4.8 stars, which is considered “Excellent.”

It also holds an A+ rating from the BBB and a 4.8-star rating from customers on their BBB profile. The site is accredited by the BBB, though it is listed under its parent company name, Beyond 79, LLC.

SellYourGold.com will purchase various types of silver items, including:

• Silver coins
• Silver bullion
• Silver bars
• Silver bracelets
• Silver necklaces
• Silver earrings

What’s great about the site is that it offers free and insured FedEx pickup right from your home. This means you don’t have to worry about paying to ship anything anywhere.

SellYourGold.com also offers a price match guarantee. If you find a better price from an online competitor, SellYourGold.com will match it.

The same day the company receives your items, you will receive an offer for your silver. If you accept the offer, your payment will be issued within 24 hours by the payment method you selected on your customer return card.

SellYourGold.com offers three different payment options, including:

• Direct deposit
• PayPal
• Company check

2. Cash For Silver USA

• BBB rating: A+

Cash For Silver USA is a reputable place to sell your silver. You can enter your shipping details on the site to receive your complimentary Appraisal Kit. Within 24 hours of receipt, the company’s certified experts will appraise your valuables and send you an offer.

If you accept the offer, you can receive payment by check or PayPal.

The Cash For Silver USA website is operated by CJ Environmental, Inc., which has an impressive A+ rating from the BBB. It is also accredited by the BBB.

3. Liberty Gold and Silver

• BBB Rating: A

Liberty Gold and Silver, although not quite as highly rated as SellYourGold.com, is another place to sell silver.

It has been around since 2012 and has a solid A rating from the BBB.

What’s great about Liberty Gold and Silver is that it offers a 110% price match guarantee!

If you sell your silver to the company, you place it into a padded, prepaid, and insured UPS return envelope that the company sends to you. You then drop it off at any authorized shipping center. The return envelope is insured for up to $1,000.

After Liberty Gold and Silver receives your silver, it will email or call you immediately with a quote.

If you accept the quote, the company will mail you a check within 24 hours or, if you pay a small wiring fee, wire the money directly into your bank account.

The company doesn’t appear to have a profile on Trustpilot, but its BBB rating is good.

4. US Gold Buyers

• BBB Rating: A+
• Trustpilot Rating: 4.8 stars (Excellent)

Another place to consider is US Gold Buyers. Despite its name, US Gold Buyers also purchases silver.

The company is incredibly well-reviewed.

US Gold Buyers has an impressive 4.8 stars, which is an “Excellent” rating, from Trustpilot.

It also has a notable A+ rating from the BBB. Accredited by the BBB, it holds a 4.8-star rating from customers there, making it a reliable place to sell silver online.

US Gold Buyers purchases silver in many forms, including silver coins, jewelry, bullion, and other silver items. Your items don’t have to be in perfect condition either. The company states, “We specialize in purchasing scrap silver items, broken jewelry, coins, damaged sterling flatware, or hollowware; these are not a problem.”

You can get a free express label from the company to ship your items at no cost. The company also provides free insurance and tracking via FedEx.

When you sell your silver to the company, payment is made within 24 hours.

After receiving your items, the company will evaluate them on the same day. Your payment is based on the evaluation of the weight and purity of the metal.

The company will call you after evaluating your items, allowing you to decide whether to accept the offer or have your silver items returned to you.

US Gold Buyers offers several payment options, including:

• PayPal
• Western Union
• MoneyGram
• Bank transfer
• Check

5. Express Gold Cash

• Trustpilot rating: 4.9 stars (Excellent)
• BBB rating: A+

Express Gold Cash is another reputable place to sell silver online.

The company holds an Excellent rating on Trustpilot and an A+ rating from the BBB. With over 25 years of experience, Express Gold Cash is well-established in the industry.

You can sell silver jewelry, silver coins, and silver flatware to Express Gold Cash.

Payments are made within 24 hours, which is excellent.

The company offers free overnight FedEx shipping for sending your items. If you’re not satisfied with the offer, Express Gold Cash will return your items for free.

6. Luriya

• BBB rating: A+

Luriya is another company worth considering. It purchases a variety of precious metals, including silver. You can sell both jewelry and silver coins to Luriya.

The company has an A+ rating from the BBB, which reflects its credibility.

To sell your silver online to Luriya, fill out a form on their website. You’ll receive an email with a prepaid FedEx label for shipping your items. All items shipped are insured.

The company will contact you to confirm receipt of your items, and you’ll receive an offer within 24 to 48 hours.

If you accept the offer, you will be paid through your chosen payment method. If you decline, Luriya will return your items to you for free.

Items are automatically insured up to $1,000, but you can opt to insure them up to $1 million if necessary. The company’s standard delivery method is 2^nd day FedEx shipping, but Luriya can work with any delivery partner you prefer, such as UPS, USPS, DHL, and more.

So, it’s a good place to sell silver online.

If you live in NYC, you can also visit the Luriya store in person to sell your silver.

7. eBay

• Trustpilot rating: 1.2 stars (Bad)
• BBB rating: A+

Another option for selling silver, including silver jewelry and flatware, is eBay. eBay is a widely used platform, which can help you reach many potential buyers. Listing items on eBay is free.

If you list more than 250 items per month, a $0.35 insertion fee per listing will apply.

When your silver sells, eBay charges a final value fee, which is 12.9% of the sale price or lower, plus $0.30 per order, for most categories.

eBay’s Trustpilot rating is low, at 1.2 stars, while it maintains a good rating of A+ on the BBB.

8. Poshmark

• Trustpilot rating: 1.4 stars (Bad)
• BBB rating: B

Poshmark is a place to sell clothing and fashion items, including silver jewelry. You can list your silver jewelry for sale there, and listing an item is free. When your silver jewelry sells, Poshmark charges a commission fee.

The site takes a flat commission rate of $2.95 for sales under $15. For sales worth $15 or more, Poshmark takes a 20% commission fee.

Poshmark is not highly rated on Trustpilot, with a rating of just 1.4 stars, which is considered “Bad.” However, it has a B rating on the BBB.

9. Etsy

• Trustpilot rating: 1.7 stars (Bad)
• BBB rating: A-

Etsy is a popular platform that can help you get your silver items in front of many potential customers.

Etsy is especially useful if you’re looking to sell silver jewelry, flatware, décor items, or anything vintage or antique.

However, there are fees associated with selling on Etsy. You’ll be charged a listing fee of $0.20 for each item you list for sale on Etsy.com or the Etsy mobile apps.

Etsy also charges a transaction fee of 6.5% of the price you display for each listing, plus any amount you charge for delivery and gift wrapping.

The reviews of Etsy are poor on Trustpilot, with a rating of just 1.7 stars, which is considered “Bad.” However, Etsy has a respectable A- rating on the BBB.

10. Money Metals Exchange

• BBB Rating: A+

Money Metals Exchange is a great place to sell silver, particularly silver coins or bars. The company is well-reviewed online and has an A+ rating from the BBB, which is excellent!

Once the company receives your metals, it will pay you immediately.

11. GoldSilver.com

• Trustpilot rating: 4.6 stars (Excellent)
• BBB rating: F

GoldSilver.com is another option for selling silver, particularly silver bullion.

The company has a strong rating of 4.6 stars on Trustpilot, which is considered “Excellent.” However, it has an F rating from the BBB, indicating some issues with its business practices.

Payment for your bullion sale will be mailed by check or sent by bank wire transfer within 3 business days of your shipment’s arrival and verification.

12. Kitco

• BBB Rating: A+

If you’re looking for a legitimate place to sell silver coins or silver bars, consider Kitco.

Kitco buys a wide range of coins. The website states that it will “match any reasonable bid for larger transactions.” The minimum order amount to sell to the company is $2,000.

It has an A rating with the BBB, which is great.

Where to Sell Silver Near Me

Selling silver locally can be a good option. You don’t have to ship anything as you do when selling online, and often, you can get cash on the spot!

If you’re wondering, “Where can I sell silver near me?” consider the following options:

13. Local Jewelers

If you have silver jewelry to sell, one option is to take it to your local jewelers.

To find local jewelry stores, search Google for “Jewelry stores near me.”

This should provide a list of nearby jewelry stores. I recommend contacting a few to ask if they purchase silver jewelry, as some stores only sell it and don’t buy it. Calling ahead can save you time. It’s a good idea to visit several jewelers to compare prices and get the best deal.

14. Pawnshops

Another option for selling silver jewelry is local pawnshops. This can be a particularly good option if you want cash quickly. However, pawnshops don’t always offer the highest prices, so keep that in mind.

If you want quick cash for your silver items, pawnshops can be a good choice. You can find local pawnshops by doing a quick Google search.

15. Consignment Stores

Consignment shops are another good option if you want to sell silver items like jewelry or tableware.

Simply take your items to the store, and an employee will evaluate them and quote you a price.

If you accept the store’s offer, they will display your silver items for sale in-store.

Selling through consignment stores can be advantageous as these stores want to make sales, so they are likely to promote your items. However, the downside is that consignment stores take a commission fee, which can range from 20% to 40% of the sale price.

Additionally, some stores charge a fee if your item doesn’t sell, on top of the commission. Each consignment store has its own rules and policies regarding the selling process and commission rates. Therefore, you should call ahead to inquire about their rules, commission rates, and whether they accept silver items.

Search Google for “Consignment stores near me” to find a list of local stores. While consignment stores can be a good option, be aware of the fees and the fact that you won’t receive payment until the store sells your items.

16. Coin Shops

Local coin shops are a good option if you want to sell silver currency and bars. You can bring your silver items to a local coin shop, where an employee will inspect them and make you an offer if they’re interested in purchasing.

Just open Google and search for “Coin shops near me.” Reach out to a few of these shops to find out if they purchase silver. Coin shops often buy items like bullion, rounds, and bars. It’s a good idea to compare prices from several stores to ensure you get the best deal.

17. Local Auction Houses

If you have particularly valuable silver items, such as antiques, consider selling them through a local auction house.

Auction houses will auction off your silver items and take a percentage of the profit when they sell.

One advantage of auction houses over other local selling options, like pawn shops, is their expertise in showcasing items, especially antiques. They often attract a large audience and actively promote auctions to boost visibility.

Selling through an auction house is advantageous because it creates an atmosphere of excitement. This excitement drives competitive bidding, which can increase the final sale price of your items, leading to higher profits for you!

Auction houses aim to maximize the selling price of your antiques, as their profit depends on it. This competitive and lively environment is designed to attract more bidders and ultimately result in a better outcome for both you and the auction house.

While auction houses do take a cut of the profits, they can often secure excellent value for your silver items.

Tips for Selling Silver

Depending on the quantity and type of silver you have to sell, you could make a significant amount of cash. The FAQ section below will provide more details on potential earnings.

Here are some tips for success when selling silver:

Know the Value of Your Silver

Before seeking quotes, it’s crucial to understand the value of your silver. This knowledge helps you recognize a good offer versus a lowball one.

You can use this calculator from CoinApps.com to determine the total silver value of your scrap silver items.

The selling price is influenced by several factors, including the weight of the silver, its purity level, and the value of any other precious metals or gems in the piece. Additionally, the demand for your specific silver item and the current market value of silver will impact its overall value.

Get Quotes from Multiple Places

To maximize your profit, get quotes from multiple sources. Don’t settle for the first offer you receive. Comparing prices ensures you get the best deal for your silver.

Prices can vary based on where you sell your silver. For instance, you might receive a higher price for antique silver at an auction house compared to a pawn shop. Alternatively, an antiques or vintage jewelry dealer might offer more for an antique necklace, while a coin shop could provide better rates for bullion than jewelry stores.

While getting multiple quotes can be time-consuming, the extra profit can make the effort worthwhile!

Don’t Get Low-Balled

It’s crucial to avoid accepting lowball offers. The tips mentioned earlier about knowing the value of your silver and getting quotes from multiple places can help you discern which offers are fair and which are not.

If you receive an offer that seems too low, try seeking quotes from other places. However, if most stores are quoting similar prices, don’t expect to get double that amount. Be selective, but also realistic. You can often find buyers willing to pay a bit more, but remember that most places will offer less than the item’s value to ensure their own profit.

Check the market value for your type of silver. For items like jewelry or tableware, research online to see what prices others are asking. Set a minimum price for your silver items based on this research, and stick to it. Ensure that your minimum price is realistic and that buyers are willing to pay that amount.

FAQs About Selling Silver

With a list of places to sell silver and some success tips, here are answers to common questions about selling silver for money:

(Please note that any prices for silver quoted below were accurate at the time of writing, but the price of silver fluctuates. Prices may have changed by the time you read this post.)

What Silver is Worth Money?

All silver has some value, but the most valuable silver will be stamped with the following markings:

• 950 (95% silver)
• 925 (92.5% silver)
• 900 (90% silver)
• 800 (80% silver)
• Sterling (92.5% silver)
• Coin (90% silver)

Silver-plated items are worth less because they are not pure silver. They only have a thin coating of silver on their outer layer. These items are often marked with the stamp “Plate.”

How Can I Sell My Silver for the Most Money?

To get the most money for your silver, obtain quotes from multiple places and consider where to sell.

The value of silver can vary depending on what you are selling. For example, silver coins might be worth more to a coin collector than to other buyers. Similarly, a silver ring may be valued higher by a jeweler compared to a company that specializes in bullion.

You might also find buyers willing to pay more on platforms like eBay or Etsy, where you can set your own prices. Consider the type of silver item you have and choose the best platform for selling it.

How Much Do You Get When You Sell Silver?

Silver is a precious metal, and its price fluctuates. You can check the current price of silver here. Use this calculator from CoinApps.com to estimate how much you’ll receive for your silver.

How Much Is Silver Worth Per Gram?

The current spot price of silver per gram is $0.65. The term “spot price” refers to the price at which silver is currently trading.

How Much Is Silver Worth Per Ounce?

Silver is valued at $20.31 per ounce.

How Much Is Silver Worth Per Kilo?

Per kilogram, silver is worth $652.97.

Can You Sell Silver for Cash?

Yes, you can sell silver for cash online at places like Cash For Silver USA, SellYourGold.com, and eBay, or locally at jewelry stores, auction houses, and coin shops.

Should I Sell My Silver Now in 2024?

The outlook for silver demand in 2024 is exceptionally promising.

According to the Silver Institute, “Global silver demand is forecast to rise to a record high of 1.2 billion ounces, which, if achieved would be the second-highest level recorded.” With such a significant rise in demand, this could be an excellent time to sell your silver.

Is 925 Silver Worth Anything?

Yes, 925 silver consists of 92.5% silver and 7.5% other metals. Because items marked with 925 contain a high percentage of silver, they can be quite valuable. You can sell 925 silver items at pawn shops or online at sites like Cash For Silver USA.

What Is the Easiest Silver to Sell?

Many silver items, including jewelry, coins, tableware, and bullion, resell well. Silver items with the highest resale value include bullion bars from reputable mints and silver coins. Therefore, silver coins, bullion coins, and silver bars are some of the best items to sell. However, you can make money selling almost any type of silver item.

Closing Thoughts

If you have silver to sell, there are many options available. You can sell silver online through sites like SellYourGold.com, Express Gold Cash, Etsy, and eBay, or locally at jewelers, coin shops, and consignment stores.

If you’re wondering where to sell your silver, consider trying the places listed here.