Best place to sell silver?
erwindoc
Posts: 5,189 ✭✭✭✭✭
LCS, BST, eBay, coin show? Thoughts?
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erwindoc
Posts: 5,189 ✭✭✭✭✭
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I normally sell at my LCS. I accumulate 90% over time, and then take a bag or two down to the store when I think it's extended. They run everything through a coin counter, and then boom, I walk out with a check. Done deal.
Dave
I like Instagram, it sells pretty quick.
@basetsb_coins on Instagram
Depends on how much. You can almost always do better with the LCS as shipping and PayPal fees are going to be higher than the bid/ask spread.
Throw it in the trash. Went from 28 down to 19 for no reason. Thought it was supposed to be an inflation hedge.
LOL
I'm still calling for $17... the pre-Covid level
Not the best time.
Yep, I have to agree with my LCS as well.
They give me the BEST price on my silver turn in.
"Jesus died for you and for me, Thank you,Jesus"!!!
--- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.Now is the time to buy silver. You can sell your house tho, it’s a great time for that, but keep the silver 😉 It will go back to 30 after the recession hits in a few quarters...
You are likely in the recession now but will be out in a few quarters. Although it won't be officially in until you're out.
Recessions are deflationary not inflationary.
what is LCS?
Local Coin Shop
ME.
Your local coin shop.
The last two times that I sold silver were 1) a local coin show and 2) APMEX
Nothing is as expensive as free money.
Shop it around for best price...........Be it an LCS or at a show.
There are a lot of sharks out there.........
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
If you have enough maybe go right to the smelter?
There tends to be healthy competition at shows...should be able to beat the LCS shop price unless you have a good one.
The Buy Sell Trade on this forum is a pretty good place to start. Most of the folks here are informed buyers that pay fair prices whether it's bullion, coins, or whatever you have to offer. That's always been my experience having bought and sold here over many years.
https://www.ebay.com/mys/active
To someone paying cash.
The best way to get it to go back up is to sell now, at least that's my experience.
I recommend you get bids from several sources.... Speculators seem to be hunting right now, so there could be some good offers. Don't forget, in person, cash offers, eliminate shipping etc. costs....Cheers, RickO
Don't throw in the trash just send it to me. I'll pay you spot plus postage any day.
USN & USAF retired 1971-1993
Successful Transactions with more than 100 Members
I sell the 90% to the refinery, very little sells over the counter. .999 and eagles I sell in store, although with recent price drop, intrest seems to be waining the past week or so, even at discounted pricing. In fact, lots of people who bought 6 months ago at 26-28 and couldnt get enough are starting to cash in at 19
KEEP THE FAITH.
Details would help. Things such as purity, total weight, form of silver (bars, coins, rounds, shot, etc...) can all go into the decision.
In honor of the memory of Cpl. Michael E. Thompson
I have. I believe the metals will return to preCovid levels as the world returns to PreCovid levels.