All You Need to Know about Selling Silver | DDBuyers

All You Need to Know about Selling Silver


If you have silver that you own but don’t need, selling it can be an excellent way to get your hands on some extra cash. Before you rush right in, however, you will want to make sure you know everything that you need to know before selling silver in NYC. When done properly you will find that it is quite simple and easy to understand. If you don’t take the time to learn some of the most important points, however, you may end up getting far less than would otherwise be possible.


Where to Sell Your Silver

One of the first things you need to know is where to sell your silver. You can sell it online through sites like eBay, but you typically can’t get much money because the buyers can’t inspect the silver closely. You can also go to one of those ‘we buy gold’ shops that have popped up all over since the spike in precious metal prices. While they will buy it, they typically can’t pay the highest prices because they need to cover any risks. Most of these companies don’t have the experience needed to pay top dollar for silver. The best option, of course, is to sell your silver to us. We’ve been buying silver and other precious metals for years and would be more than happy to work with you.


Types of Valuable Silver

Many people own silver without even really realizing it. While you may not have silver bars, you may have silver jewelry. In addition, you could have authentic silverware, tea sets and other precious items. Silver may also be in coins and other antiques. As you look through your home, you may be surprised to find out just how much silver you actually have. Even a modest amount of silver can bring in hundreds of dollars thanks to the high selling prices.


Staying Safe while Selling Silver

Whenever selling high value items like silver it is important to make sure you keep safety in mind. If you’re selling to someone you met online or selling in a location other than a secured store, you are putting yourself at risk. We have a very safe store where you can come in and interact with us without any risk. We have video surveillance and can escort you to your vehicle as well if you would like. This helps to ensure you are completely safe whether you choose to sell your silver or not.


Contact Us with Questions

If you still have any questions for us, please don’t hesitate to give us a call or stop in to speak with us. We love buying and selling silver and are more than happy to talk with you about every aspect of it. There is never any obligation to sell so please stop in or give us a call about selling silver in NYC today.


Silver Buyers FAQ | Selling Silver in NYC

Silver Buyers FAQ


Buying silver is a great idea for many people. Whether you’re buying it as an investment, because you like silver jewelry, you want some silver antiques or any other reason, it is important to understand how to get the best deals on the exact silver you want. We can help silver buyers learn what they need to know so they don’t have any trouble. If you’re a silver buyer in NYC, please read this list of frequently asked questions and answers.


What Types of Silver to Buy

There are a lot of different types of silver out there that you can purchase. If you’re looking at silver as an investment, they can all be great options. Silver coins and silver bars, for example, are a very convenient and common option for investing in silver. Some silver coins are also antiques or have some type of historical value, which can cause them to be worth even more. You can also buy silverware items. When made of real silver they can be very valuable. This includes common items like knives, forks and spoons but can also extend into things like tea sets and much more.


How to Determine the Value of Silver

When buying silver you need to know how much its market value is when making the purchase. Even when buying something collectible that has value beyond just the raw silver, this is a good baseline to start from. Silver is sold on the open market by the ounce so if you want something made of pure silver, you can look up its value per ounce very easily. Some items are only silver plated or have silver mixed with other metals. We have special equipment to determine the weight and purity of silver in any item.


How Often can you Sell Silver

There is a huge market for silver and it is in high demand. This demand makes it very easy to sell your silver items any time you would like and as often as you would like. Many people who find silver items in garage sales or other sources come in on a regular basis to sell their silver items. Whether you sell silver once in your lifetime or you do it on a regular basis, it is an excellent option for many people. Of course, the same applies to buying silver in NYC. You can come in and buy silver any form whenever you would like.


Contact Us Today

If you have any further questions about buying silver (or selling silver) please stop in our store and speak with one of our silver buyer experts. We have years of experience and would be more than help you with anything you need. You can also just give us a call to talk with us or even set up an appointment to come in and see us. Let us help you with all your silver buying needs in NYC.