Ready to Sell Silver Online? | Easily Trade Silver for Cash (2024)

We'll guide you through the process of how to safely sell your silver for cash.

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Selling silver is a viable way to generate extra income. Perhaps you’re looking to clear out some unwanted silver items such as sterling silver flatware or serving pieces. Cash for Gold USA offers a convenient way to trade in silver from the comfort of your home.

Where to Sell Silver for the Best Price

Cash For Gold USA is a reputable online buyer of precious metals like silver, gold, platinum, and palladium. We’ve been in the precious metal recycling business for years, and have bought and sold more than $200 million in precious metals since our inception in 2005.

Additionally, we offer a Price “Beat” Guarantee: We will beat any competitor’s written offer or return your items to you free of charge.

How Much Is My Silver Worth?

A big consideration for selling silver is the value, or current market price you will receive for your items. At Cash For Gold USA, the condition or appearance of your silver will not adversely affect your offer. Since a majority of the material we purchase gets melted down, refined, and recycled, we buy silver items of value regardless of how damaged, broken or unsightly they are. The amount we offer for your item(s) is based on the ratio of silver purity and weight. n the U.S. market, silver items typically fall into one of four common purity grades:

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Fine Silver
(.999, or 99.9% silver)

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Sterling Silver 
(.925, or 92.5% silver)

We focus primarily on this grade of silver, as it is the most common and can be made into the widest variety of items.

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Coin Silver
(.900, or 90% silver)

This includes “junk silver” coins that have no collectible value but were made with 90% silver.

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German Silver 
(.800, or 80% silver)

The purity grade of a silver item can often be found stamped onto the piece somewhere. A sterling silver bracelet, for example, might be marked “sterling silver” or “.925.” In the event it is not marked, specialized testing can be done.

Examples Of Valuable Silver Items You May Have At Home

You may have valuable silver item(s) sitting around your home. Here are just a few things to look for.

Sterling Silver

Unlike soft pure silver, sterling silver is relatively durable and can be used to make all sorts of items. You might sell silver jewelry you never wear, or trade-in your worn sterling silver utensils to help fund a nice replacement set.

Besides jewelry, here are a few common items that contain sterling silver:

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Silverware

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Plates

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Platters

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Coffee & Tea sets

To help identify sterling silver, look for common markings that indicate the manufacturer or purity level. For example, sterling silver is often marked with 925, 900, or 800.

Here’s a list of common sterling silver flatware manufacturers:

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Alvin Silver

Labeled as “Alvin,” typically over a dragon emblem

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Dansk Silver

Labeled simply as “Dansk”

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Durgin Silver

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Fine Arts Silver

“Fine Arts Silver” in a circular stamp

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Gorham Silver

Company emblem includes an anchor and bear and the letter “G”

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International Silver

noted as “International Silver” or “I. S. Co. Sterling”

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Kirk and Smith

The words “Kirk & Smith

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Lunt Silver

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Oneida Silver

Either “Oneida Sterling” or “Heirloom Sterling”

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Reed & Barton

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Rosenthal Silver

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Saart Brothers

Either labeled as “Saart Sterling” or “SB Sterling”

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Tiffany & Company

“Tiffany & Company Makers”

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Towle Silver

Emblem is the letter T with a griffin inside. May also be listed “Towle”

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R. Wallace Silver

Very common brand with tons of different emblems such as “R.W. & S.” and “Wallace Sterling”

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Wheelock Silversmiths

Will say “HandMade Sterling Wheelock Newport, R.I.”

“Junk Silver,” a.k.a. Coin Silver

Do you keep a piggy bank or loose change jar in your home? If so, you might have non-collectible “junk silver” coins made with 90% silver that can be sold for a profit above and beyond their face value.

Common American coins you can sell for cash value include:

To help you determine the value of your “junk silver” coins, you will need to weigh them, multiply that by the current spot price of silver, and apply the purity percentage to that total. Although this process may be time consuming, the thrill of the hunt can pay off dividends.

Scrap Silver

Even if it’s old, broken or in wretched condition, you can still get cash for silver by selling it as scrap. Things like snapped necklace chains, bent silverware, and even an unsightly pair of earrings you inherited from a well-meaning relative can fetch a nice return.

Flea markets, yard and estate sales, manufacturing facilities, and other public places often have scrap silver that is valuable.

We Do Not Buy Silver Plated Materials

While we are happy to accept your scrap silver and sterling silver, we do not purchase silver plated materials. These items are typically composed of copper, pewter, brass, and other base metals. A thin layer of silver is then added on top to enhance the appearance. As such, there is no melting value of the silver itself. To determine if your item is silver plated or sterling silver, look for a lack of markings, flaking, or green coloring. These are all signs of plating.

Testing Silver At Home

Before you sell your silver online, there are some ways you can confirm it’s real and estimate its purity.

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Visual Inspection

If the item’s purity has been stamped or marked on it, you should be able to find it with a visual inspection. Certain types of items tend to be marked in specific places, such as on the clasp of a necklace or the underside of a fork. Depending on the size of the item, the mark may be very small and require a magnifying glass to read.

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Acid Test

If the item’s purity has been stamped or marked on it, you should be able to find it with a visual inspection. Certain types of items tend to be marked in specific places, such as on the clasp of a necklace or the underside of a fork. Depending on the size of the item, the mark may be very small and require a magnifying glass to read.

Unfortunately, at-home testing methods cannot tell you the exact purity or value of your silver. The only way to determine this accurately is to have an expert test it with a specialized tool like an XRF analyzer. This impressive gadget aims an X-ray at the material and uses atomic-level measurements to determine which elements are present and in what amounts, to the nearest part per million.

As a result, many will forego the at-home testing process and send their silver to a reputable business like Cash for Gold USA. Our secured facility and expertly trained team will provide you a valuation and seamless experience.

How to Sell Silver Online: Our Process

Wondering how and where to sell silver or other precious metal items for cash? Here’s how the Cash For Gold USA process works:

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Fill out our short online form to request a free Appraisal Kit.

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Once you receive your FedEx label, just package up your silver, gold, platinum, and/or palladium items and use the provided label to ship it to us for free.

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Within 24 hours of receipt, our experts will evaluate the silver pieces and we will mail you a check for their determined value.

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If you are not satisfied with the amount of money you receive for your silver, simply notify us within 14 days of the check date. We’ll cancel the payment and your items will be returned to you at no additional charge.

As you can see, selling silver online and to an established buyer is a practical solution for many individuals. Although there are a myriad of considerations, having the right team and resources will ensure you make the best and most financially rewarding decision possible.

Cash for Gold USA has decades of experience buying silver and is here to help. If you have any questions, simply contact us today!

$200 Million Purchased & Sold

get paid today

Frequently Asked Questions

Which online silver buyer should I sell to?

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Where can I find gold and silver buyers near me?

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How do I sell silver coins?

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How do I sell silver bullion?

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How do I sell silver flatware?

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How do I sell silver jewelry?

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Should I sell my silver items for cash?

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When is the best time to sell silver?

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Can I make money from selling my silver?

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How do I sell unwanted silver?

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How many grams of silver are there in an ounce?

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How do I read silver markings?

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How can I tell if silver is real or fake?

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What’s the best place to sell silver for cash?

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What is the value of silver bullion?

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How much can I get for my silver?

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Can I get cash for selling silver?

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Give us a ring at (866) 300-1430
or email us at info@cashforgoldusa.com.

We're here and ready to chat, so feel free to hit us up with any questions!

Ready to Sell Silver Online? | Easily Trade Silver for Cash (2024)

FAQs

What is the most profitable way to sell silver? ›

There are multiple ways you can sell silver jewelry, bullion, coins, or other items. You can sell your silver to local buyers in jewelry stores, pawn shops, and brick-and-mortar cash-for-gold exchanges. For the best chance at a high price, consider selling your silver to an online buyer.

What is the easiest form of silver to sell? ›

Silver bars.

Silver bars are 99.99 or 99.9% silver, making them the easiest form to identify and sell.

Is it better to sell silver online or in person? ›

Selling Silver Bullion Online

Selling precious metals to an online dealer can be a more efficient way to offload some of your bullion. Online bullion dealers typically offer better prices than local pawn shops or coin shops because their operating expenses are generally less significant than a physical storefront.

How much can I sell a 100 oz bar of silver for? ›

100 oz Silver Bars
QtyPrice Each
1 - 4$2,991.00
5 - 14$2,976.00
15 - 49$2,966.00
50+Call for pricing
1 more row

How much silver can I sell without reporting? ›

Silver sales that require reporting are 90 percent silver US coins with a face value over $1000 and silver bars 0.999 fine totaling 1000 troy ounces or more. Whereas for gold, dealers may have to report the sales of certain amounts of gold bars, Krugerrand, Maple Leafs, and the Mexican Onza.

How much can I sell my silver for right now? ›

SD Bullion Live Silver Spot Prices
Silver Spot PricesTodayChange
Silver Price Per Ounce$27.65-0.002
Silver Price Per Gram$0.890.000
Silver Price Per Kilo$888.97-0.08

Is silver worth anything at a pawn shop? ›

Pawn shops will pay based on a fraction of the silver's value, usually offering around 50% of the item's worth. But keep in mind that these prices can be haggled upward, in a pawn shop setting, as the initial offer is often lower than what they're ready to pay.

Is silver hard to sell? ›

Silver bars are a popular asset because they can be sold fairly quickly and will always retain a reasonable amount of value. Sell your silver bars when the market price for silver raises above the price that you originally paid for it to make money on your investment.

Is it a good time to sell silver for cash? ›

All signs point to silver remaining a good investment in 2024. This means it's a good time to both buy and sell silver. But as to what this means to you individually, it's always best to seek professional financial advice before taking action. Simply call (909) 985-4653 or click here for more ways to contact us.

What is a 10 oz bar of pure silver worth? ›

10 oz Silver Bars
QtyPrice Each
1 - 4$300.20
5 - 49$297.20
50 - 250$294.20
251+Call for pricing
1 more row

What is highest price of 1 oz of silver? ›

So what is silver's highest price ever? Silver's all-time high is $49.45, which was the metal's price on January 18, 1980. In 2011, silver bullion traded at $48.70/oz, nearly eclipsing the 1980 record and setting a decades-long all-time high.

How can I sell my silver coins for the most money? ›

You have several options, including local coin shops, online precious metals dealers, online marketplaces, and direct sales to collectors. Rare coins are best sold direct to collectors who may pay a healthy premium. If you need to sell a large quantity of silver coins, then a dealer is ideal.

Is it worth selling my silver? ›

Before selling silver, it's crucial to assess its value. Factors such as weight, purity and current market prices play a significant role. Keep track of the silver selling price and consider obtaining a professional appraisal to determine the precise value of your silver bullion.

When you sell silver, is it taxable? ›

Physical gold and silver investments are subject to capital gains tax, calculated based on the difference between the price you paid and the price you sold it for.

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