How To Sell Silver Jewelry
Need to know how to sell silver jewelry but you're not sure where to do it? There are several places where silver can be sold to eager buyers. This article will explain where these markets are.
- Sell your silver jewelry through eBay auctions. A lot of silver jewelry is sold on eBay everyday by people who like you are looking to sell their silver. Silver on eBay auctions are sold at or around spot price, unless it is retail type silver. The spot price of silver jewelry is the current price it is at on the stock market.
- Market your silver jewelry on Craigslist. It is very easy to do, because all you need to do is create a listing that advertises your silver for sale. You do not have to pay for postings on Craigslist, so take advantage of the free exposure and traffic Craigslist can give you.
- Sell to silver jewelry refining companies. They will be more than happy to take the silver you have off your hands. The good thing is refining companies will pay you based on where the current price of silver is when you send them your jewelry. This means that if silver drops in price after you send them your silver jewelry, they still will pay you based on the amount at which silver was prior.
- Turn it in at a pawnshop. Pawnshops are a good place to trade in your silver jewelry if you need money fast and are not necessarily concerned with getting the absolute most. If you have a silver chain and it is worth $1200, don't expect to get that. You probably will get about half that amount from a pawnshop.
Posted on: May. 07, 2010