Silver coins have been used as currency for thousands of years and have played a significant role in human history.
Today, they continue to hold value, not just for their history but also as items people collect or invest in.
If you’re thinking about selling your silver coins, you should know where to get the best deal.
Let’s check out some of the best places to sell your silver coins today.
Where to Sell Silver Coins?
Here are some of the best places to sell silver coins:
1. Cash for Silver USA
This reputable online silver buyer specializes in purchasing all types of silver, including silver coins, silver bars, silver bullion, silver jewelry, and even silver flatware.
They offer competitive silver prices based on the current market value and are known for their fast and easy process for selling silver.
They also provide free shipping and insurance for all silver sent to them for appraisal and purchase.
2. Auctions
Auctions offer the opportunity for buyers to bid on items and for sellers to earn a higher price for their silver potentially.
Some of the most popular auctions for selling silver include live and online auctions, such as eBay and Heritage Auctions.
Of course, selling at an auction typically requires a higher level of knowledge about the silver market and the specific pieces being sold.
Read: What is 925 sterling silver worth?
3. Coin Shops
Coin shops are popular places to sell silver, as they often have a large customer base of collectors and investors looking for specific silver coins or bullion.
Many coin shops will offer to buy silver outright or trade it for other coins or items.
They also have expert knowledge of the silver market and can provide detailed appraisals of your silver pieces.
4. Consignment Stores
Consignment stores are a good option if you have a small amount of silver or unique pieces that may be difficult to sell online.
These stores take a percentage of the sale price for their services and typically only accept items in good condition.
They may also provide an appraisal service to help you determine the value of your silver.
5. Craigslist
This can be an excellent option for selling silver coins as you can avoid the fees associated with online marketplaces like eBay.
Craigslist also allows meeting with buyers in person to negotiate prices and complete the transaction.
6. eBay
eBay is one of the most popular online marketplaces for buying and selling silver coins.
It has a wide range of potential buyers and provides a platform for you to reach a global audience.
It’s also easy to list and sell your items on eBay, with many features such as detailed item descriptions, photos, and pricing options.
The downside is eBay can be competitive, and the fees associated with listing and selling items on eBay can add up.
7. Jewelry Stores
Jewelry stores are popular places to sell silver, as they often demand silver jewelry and other valuable items such as engagement rings.
They typically offer a fair price for silver items, and selling is relatively easy. The store may also have a professional appraiser who can assess the value of your silver pieces and make an offer.
8. Kitco
Kitco has been a trusted name in the precious metals industry since the 1970s. They specialize in silver and offer competitive prices for silver coins.
They also provide a secure website and have both online and brick-and-mortar locations in the US and Canada.
9. SD Bullion
SD Bullion is another well-known dealer in gold and silver. They offer a wide range of silver products and have a user-friendly website for easy transactions.
10. JM Bullion
JM Bullion allows you to sell your silver coins online. They offer a straightforward process and have a minimum purchase amount for transactions.
Their website is equipped with a Sell-To-Us tool for convenience.
11. APMEX
This is one of the largest buyers of silver coins, offering a 1-day payment guarantee after they receive your coins.
They partner with UPS for shipping and provide insurance on your silver coins during transit
12. Pawn Shops
Pawn shops are known for buying items for cash, including silver items such as jewelry, coins, diamonds, and other collectibles such as Pokemon cards.
Pawn shops typically offer a fair price for silver items, but keep in mind that they’re also making a profit, so they may not offer as high of a price as other options.
13. Refinery
A refinery is a great place to sell silver coins as they specialize in purifying and refining precious metals.
They have the equipment and expertise to assess the purity and value of the silver and offer fair prices for the metal.
14. Silver.com
Their Sell-To-Us process is designed to be quick and easy, promising fair prices for a variety of precious metals.
They require a minimum purchase of $1000 for Sell-To-Us orders, and prices need to be confirmed over the phone.
Metals sold to Silver.com are authenticated to ensure quality and integrity. Once the process is finalized, they issue payments via paper check, ACH, or bank wire within 1-3 business days.
15. Coin Collectors’ Clubs
These clubs typically have regular meetings and events where you can display and sell your coins.
They also provide a community of people who can give advice and value your coins.
Look for clubs like the American Numismatic Association or local groups in your area. They often provide access to events and educational resources.
More From Dollar Sanity:
7 Places to Sell Your Silver Flatware For The Most Money