When it come to selling gold, silver and other jewelry and precious metals in general, knowing where to sell can make a huge difference in how much cash you end up with.
If you’re looking to sell silver for cash, we have found the best places to sell your silver for the most money fast.
According to the Silver Institute, silver was first mined around 3,000 BCE in Anatolia, now located in modern Turkey. The metal helped early civilizations in the Near East, and Ancient Greece to flourish.
Silver is a soft, white metal that has the highest electrical conductivity, thermal conductivity, and reflectivity of any metal. It is these features that make silver useful in many ways. It has long been valued as a precious metal. Silver is used in coins and bullion, jewelry, solar panels, tableware (or silverware), and in electrical contacts and conductors.
Since silver is so valued, selling it can be a good way to make extra money.
Below, I’ll cover where to sell silver online and near you!
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Where to Sell Silver Online
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 actually need to visit the store and also drive from store to store to compare prices.
When you sell online, you don’t have to do that. You can compare prices right from your phone or computer and sell your silver from the comfort of your own home. And, you don’t have to worry about getting to a store during business hours either.
Also, selling online makes it easier to get multiple quotes because you don’t need to have that awkward, “Thanks for your quote, but I’m going to get more quotes” type of conversation!
You’re not limited to where you live
Your town or city will only have a set number of stores that purchase silver, and you’re likely not going to want to drive miles away to find more of them.
When you sell online though, your location doesn’t matter. You can find some great deals, from all around the world, right from your computer. So, you get access to a much wider range of offers for your silver.
In-person buyers can have overheads that can lower their offers
Because brick and mortar stores have overhead costs and expenses, like renting maintaining, and operating the store, paying staff, and the cost of utilities, like electricity, this can impact their offers.
Online businesses don’t have this issue because they don’t have physical stores. So, they can sometimes offer higher prices for silver. They don’t have to worry about the overheads associated with running a brick-and-mortar store.
You can read reviews online
It can be hard to find reviews for local jewelers or silver buyers, particularly if you live in a smaller town. This isn’t usually the case for online silver buyers. Most sites that buy silver have reviews on places like Trustpilot or the Better Business Bureau (BBB). This can make it easier to find legit places to sell silver.
So, there are a lot of reasons you should consider selling silver online.
Below, I’ve covered some of the best sites for selling silver online, and I’ve included their ratings on Trustpilot and the Better Business Bureau (BBB).
Here’s where you can sell silver online.
- 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 doesn’t just purchase gold, but silver too!
On Trustpilot, the company has more than 6,000 reviews, and 4.8 stars, which is an “Excellent” rating.
It has an A+ rating from the BBB and a 4.8-star rating from customers on there too! It’s also accredited by the BBB. (Please note that the site’s name on its BBB profile is Beyond 79, LLC because that’s the company that owns it.)
SellYourGold.com will purchase lots of different types of silver items, such as:
- Silver coins
- Silver bullion
- Silver bars
- Silver bracelets
- Silver necklaces
- Silver earrings
What’s good about the site is that it offers free and insured FedEx pickup right from your home. This means that 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, then SellYourGold.com will match it.
The same day the company receives your items, you will get an offer for your silver. If you accept your offer, your payment will be issued within 24 hours by the payment method selected on your customer return card.
SellYourGold.com offers three different payment options, including:
- Direct deposit
- Company check
- BBB rating: A+
Cash For Silver USA is a legit 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 a company called CJ Environmental, Inc, which has a pretty impressive A+ rating from the BBB. It’s also accredited by the BBB.
- BBB Rating: A
Liberty Gold and Silver, although not quite as highly rated as SellYourGold.com is, is another place to sell silver.
It has been around since 2012 and has a pretty impressive 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. And, you drop it off at any authorized shipping center. Handily enough, this return envelope is insured for up to $1,000.
After Liberty Gold and Silver receives your gold, 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, it will wire the money directly into your bank account.
The company doesn’t appear to have a profile on Trustpilot, but its rating on the BBB is good.
- BBB Rating: A+
- Trustpilot Rating: 4.8 stars (Excellent)
Another place to consider is US Gold Buyers. Despite its name, US Gold Buyers also purchase silver.
The company is incredibly well-reviewed.
US Gold Buyers has an impressive 4.8 stars, which is an “Excellent” rating, from Trustpilot.
The company has an impressive A+ rating from the BBB. It’s accredited by the BBB, and it has a 4.8-star rating from customers there. So, it’s definitely a legit place to sell silver online.
US Gold Buyers purchases silver in many forms. It purchases silver coins, jewelry, bullion, and anything made with silver. Your items don’t have to be in perfect condition either. The company says, “We specialize in purchasing scrap silver items, broken jewelry, coins, damaged sterling flatware or hollowware are not a problem.”
You can get a free express label from the company, so you can ship your items for free. You also get free insurance and tracking by FedEx.
When you sell your silver to the company, it will pay you within 24 hours.
After it receives your items, it will evaluate them on the same day. Your payment is determined based on the evaluation of the weight and purity of the metal.
The company will call you after your items are evaluated and you can decide whether to sell your silver items or have them returned to you.
US Gold Buyers offers a few different payment options, including:
- Western Union
- Money Gram
- Bank transfer
- Trustpilot rating: 4.9 stars (Excellent)
- BBB rating: A+
Express Gold Cash is another legit place to sell silver online.
The company has an Excellent rating on Trustpilot, and it’s accredited with the BBB, where it has an A+ rating. The company has more than 25 years’ experience too.
You can sell silver jewelry, silver coins, and silver flatware to Express Gold Cash.
You can get the payment within 24 hours which is great.
You can ship your items to the company with free overnight FedEx shipping. And if you don’t like the offer you get for your silver items, then Express Gold Cash will ship them back to you for free.
- BBB rating: A+
Luriya is another company to consider. It buys a variety of different precious metals, including silver. You can sell jewelry and silver coins to the company.
The company has an A+ rating from the BBB, which is great.
You can sell your gold online to Luriya. Just fill out a form online and you will get an email shortly after that includes a prepaid FedEx label. Items that you ship are insured.
The company will contact you to confirm they’ve received your items and you’ll get an offer within 24 to 48 hours.
If you choose to accept the offer, you get paid through whichever payment method you choose. And if you don’t accept the offer, then Luriya will send your stuff back to you for free.
Items are automatically insured up to $1,000, but you can insure your items up to $1 million if necessary. The company’s standard delivery method is 2nd day FedEx shipping. But, Luriya can work with any delivery partner that you want, like UPS, USPS, DHL, and more.
So, it’s a good place to sell silver online.
If you live in NYC, you can actually visit the Luriya store in-person to sell your silver.
- Trustpilot rating: 1.2 stars (Bad)
- BBB rating: A+
Another place that you can sell silver, such as silver jewelry and silver flatware, is on eBay. eBay is a really popular website, so you could potentially get your silver items in front of tons of potential buyers. It’s free to list items for sale on eBay.
If you list more than 250 items per month, you will start paying a $0.35 insertion fee per listing.
When your silver sells, eBay will charge you a final value fee, which, for most categories, is 12.9% of the sale price or lower, plus $0.30 per order.
Now, when it comes to eBay’s rating, it’s rated badly on Trustpilot, with just 1.2 stars, and it’s well-rated on the BBB where it has an A+ rating.
- Trustpilot rating: 1.4 stars (Bad)
- BBB rating: B
Poshmark is a place to sell clothing and fashion items. This includes silver jewelry. You can list your silver jewelry for sale there. It’s free to list an item for sale on Poshmark. When your silver jewelry sells, Poshmark will charge you a commission fee.
The site takes a flat commission rate of $2.95 for sales under $15. For sales that are worth $15 or more, the site takes a 20% commission fee.
Poshmark isn’t very well-reviewed on Trustpilot, with just 1.4 stars, which is a “Bad” rating. However, it is quite well-rated on the BBB, where it has a B rating.
- Trustpilot rating: 1.7 stars (Bad)
- BBB rating: A-
Etsy is a really popular platform, so you could get your silver items in front of tons of potential customers.
Etsy is best if you are looking to sell silver jewelry, flatware, décor items, and anything vintage or antique.
Now, the downside to the site is that it charges you to list items for sale. You’re charged a listing fee of $0.20 for each item that you list for sale on Etsy.com or Etsy’s mobile apps.
Etsy also charges a fee when your item sells. When your item sells, you will be charged a transaction fee of 6.5% of the price you display for each listing plus the amount you charge for delivery and gift wrapping.
The reviews of Etsy are poor on Trustpilot, where it only has 1.7 stars, which is a “Bad” rating. However, Etsy has an A- rating on the BBB, which is pretty good.
- BBB Rating: A+
Money Metals Exchange is a great place to sell silver, particularly silver coins or bars. The company is well-reviewed online. On the BBB, it has an A+ rating, which is great!
Once the company has your metals, it will pay you immediately.
- Trustpilot rating: 4.6 stars (Excellent)
- BBB rating: F
GoldSilver.com is another place to sell your silver. It purchases silver bullion.
The company has 4.6 stars on Trustpilot, which is an “Excellent” rating. However, it has an F rating from the BBB. So, the site is well-reviewed on one platform, but not on the other.
Payment from 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.
- BBB Rating: A+
If you’re looking for a legit place to sell silver coins or silver bars, then you should consider selling to Kitco.
It buys a ton of different coins. The website says that it will “match any reasonable bid for larger transactions.” 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 like you do when you’re selling online and, often, you can get cash on the spot!
If you’ve wanted to know, “Where can I sell silver near me?” then consider the following options:
13. Local jewelers
If you have silver jewelry to sell, one option to consider is taking it to your local jewelers.
To find local jewelry stores, have a quick search on Google for the term, “Jewelry stores near me.”
This should give you a list of jewelry stores nearby. I would contact a few of them and ask if they purchase silver jewelry. Some places will just sell it and don’t purchase it. So, calling ahead can prevent you from wasting your time. I would recommend taking your items to a few different jewelers so that you can compare prices and, therefore, get the best deal.
Another place to consider selling silver jewelry is at local pawnshops. This is a particularly good option if you want money fast. However, pawnshops don’t always offer the highest prices, so just be aware of that.
If you want some quick cash though for your silver items, then 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, like jewelry or tableware.
Just take your items to the store and an employee will evaluate them and quote you a price.
If you accept the store’s offer, then they will display your silver items for sale in-store.
Selling with consignment stores can be a good option as these stores want to make a sale. So, they are likely to push your items. However, the downside to selling through consignment stores is that they take a commission fee. This can be anywhere from 20% to 40% of the amount that your silver items sell for.
So, that’s quite a large cut of your profits. Also, some stores will charge you a fee if your item doesn’t sell in addition to charging a commission. Each consignment store sets its own rules and policies on the selling process, and what commission it takes. So, you should call a store and ask about its rules and commission rates, and ask if it indeed does purchase silver items.
Again, head on over to Google and search for “Consignment stores near me.” You should get a list of local stores. Consignment stores can be a good option, but keep in mind those fees and the fact that you don’t get paid 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 take your silver into a local coin shop where an employee will inspect your items and give you an offer if they’re interested in purchasing them.
Just open up Google, and search for “Coin shops near me.” Then, get in touch with a few places to check if they purchase silver. Coin shops will likely purchase items like bullion, rounds, and bars. It’s worth getting prices from a few different stores so that you can get the best deal.
17. Local auction houses
If you have some particularly valuable silver items, like silver antiques, then you could consider selling them through a local auction house.
Auction houses will sell your silver items at auction, and then take a percentage of the profit when the item sells.
What’s good about auction houses compared to other local selling options, like pawn shops, is that they are experienced at getting items, like antiques, out there in front of people.
Depending on the auction house, they can bring in a pretty large audience.
The auction may be advertised in order to attract a larger audience. That’s not the only reason why selling through an auction house can be a good idea either.
What’s great about this option is that auction houses foster an atmosphere of excitement, which makes people eager to bid.
People enjoy going to auctions for the excitement of competing with others when bidding on items. This competitive element can really drive up the price your item sells for, and this can result in bigger profits for you!
Auction houses want to get the most money from your antiques because it increases their profits too! That’s why they try to encourage this competitive and exciting atmosphere at their auctions.
While they do take a cut of the profits, auction houses can often get you great value for your silver items.
Tips for Selling Silver
Depending on how much silver you have to sell and what types of items you have to sell, you could make quite a bit of cash selling silver. In the FAQ section below, I’ll cover how much money you can make in more detail.
Here are some tips for success when selling silver.
Know the value of your silver
It’s important to know the value of your silver before you start getting quotes from places. That way, you’ll know when you’re getting a good offer, and when you are getting a lowball one.
You can use this calculator from CoinApps.com to get the total silver value of scrap silver items.
The selling price depends on a few different factors, such as the weight of the silver, its purity level, and the value of any other precious metals or gems that may be in the piece.
Also, the demand for your particular silver item and the current market value of silver are going to factor into the overall value of your item.
Get quotes from multiple places
If you want to sell silver for the most money, then you should definitely get quotes from multiple places. Don’t just take the first offer that you get for your items. You want to compare prices. That way, you’ll get the best deal for your silver.
Prices for silver can vary depending on where you’re selling it. For example, you might get more money for your antique silver at an auction house than you would at a pawn shop. Or, you might be able to get more money for an antique necklace at an antiques or vintage jewelry dealer. Or a coin shop might offer better rates for bullion than stores that sell jewelry.
While getting multiple quotes can be time-consuming, the extra profit can make it worth the effort!
Don’t get low-balled
It’s also really important that you don’t take a lowball offer. The tips above about knowing the value of your silver and getting quotes from a few different places can help you with knowing which offers are worth your time and which ones aren’t.
If you think that an offer is too low, then try another place. Of course, if most stores are quoting you a similar price, then don’t be unrealistic and expect to get twice that amount. But, do be selective. You can often find buyers that will be willing to pay a little higher. Most places will give you less than the value of your items because they want to make a profit.
Take a look at the market value for the type of silver you have, and if it’s an item like jewelry or tableware, then have a look online to see what price other people are selling those items for. Then, set yourself a minimum amount that you’re willing to sell the silver items for based on your research. Then, don’t go below this minimum. Just make sure that your minimum selling price is realistic, as in someone will be willing to pay that amount.
Now that you have a list of places to sell silver near you and online, and some tips for success, I just want to answer a few common questions I see people asking 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. So, prices for silver may have changed when you come to read this post.)
What silver is worth money?
All silver is worth some amount of money. But the silver that is worth the most will be any silver that is stamped with the 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 not worth as much because they are not pure silver. They only have a thin coating of silver on their outer later. These items are commonly marked with the stamp “Plate.”
How can I sell my silver for the most money?
The best way to get the most money for your silver is to get quotes from a few different places. Also, consider where you want to sell to.
This really depends on what it is that you are selling. For example, silver coins might be worth more to a coin collector than other buyers. Similarly, a silver ring will be worth more to a jeweler than a company that buys bullion.
Also, you might find a buyer who’s willing to pay a lot on a site like eBay or Etsy, and you can set your own prices on these platforms as well. So, think about what it is you are selling and where would be the best platform to sell through.
How much do you get when you sell 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 worth $20.31 per ounce.
How much is silver worth per kilo
Per kilo, 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, and locally to places like jewelry stores, auction houses, and coin shops.
Should I sell my silver now 2022?
According to the Silver Institute, the outlook for silver demand is exceptionally promising for 2022. Global silver demand is forecast to rise to a record high of 1.112 billion ounces in 2022. This is an increase of 8%. Since demand is going to rise so much, this could be a great time to sell your silver.
Is 925 silver worth anything?
Yes, 925 silver consists of 92.5% silver, and 7.5% comes from another metal or metals. Since items marked with 925 contain a high amount of silver, 92.5%, they can be worth a good amount. So, you can sell 925 silver items at places like pawn shops and on websites like Cash For Silver USA.
What is the easiest silver to sell?
Many silver items resell well, such as jewelry, coins, tableware, and bullion.
Silver items that have the highest resale value include bullion bars produced by the most reputable mints and silver coins. So, silver coins, bullion coins, and silver bars are some of the best silver items to sell, but you can make money selling pretty much any type of silver item.
If you have silver to sell, it’s good to know that there are lots of places where you can sell it. You can sell silver online at places like SellYourGold.com, Express Gold Cash, Etsy, and eBay, or locally to places like jewelers, coin shops, and consignment stores.
If you’ve been wondering where to sell silver, give the places on our list a try.