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Ready To Sell Or Buy Silver
Many of us already know the gold market has absolutely exploded in the last decade, but many people don?t
think about silver when considering selling or investing in precious metals. In addition to silver?s more
popular uses, like jewelry and silverware, you may be surprised at just how much it?s also utilized in our
day-to-day lives. If you?d like to learn more about silver, including how to sell or buy silver, here is some
helpful information!
Silver, like gold, is considered a precious metal, but it?s in much greater abundance than gold, making it
much less expensive to use. It?s an extremely versatile metal; too, it?s used not only for making jewelry,
but also for electrical, solar, medical, consumer, and industrial applications. From medical equipment to your
cellphone, from a plasma television to the microwave, silver is usually found in these and many, many other
everyday items.
Jewelry and silverware are usually made of sterling silver. Sterling silver is comprised of 92.5% silver, and
7.5% of another type of metal. One good way to check and see if a piece is sterling silver is to look for
markings?often you can see the words ?sterling silver? or ?925? stamped somewhere. If you do not see
this stamp, you may want to think about buying a silver testing kit. The silver used in coins can range
anywhere from ultra fine silver (99.99% pure) to coin silver (90.0% pure).
Thanks to its versatility and lower cost, you have a wonderful world of options available to you if you?re in
the market for something silver. Jewelry, of course, is one great option; silver is very durable. Rare or special
silver coins can be a valuable asset to your investment portfolio, or simply a nice addition to the coin
hobbyist?s collection. You may also want to consider silver home accents, like picture frames, candlesticks,
silverware sets, and serving trays.
Do you have some broken or unused silver jewelry taking up space in a drawer or jewelry box? Many
precious metals dealers buy both gold and silver. Since you will typically be paid depending on the weight of
the piece, you should consider checking your jewelry?s weight. That way you can know approximately what
to expect when bringing your pieces in for an appraisal.
Are you ready to take the plunge and buy or sell some silver? Deciding which company with whom to do
business can be a critical decision. Before making any final decisions, ask yourself some questions. Would
you feel more comfortable driving to a jeweler or silver dealer, or do you prefer the convenience of online
shopping? How can you check the reputation of the store? How long has the company been in business? Do
friends and neighbors speak favorably of the quality and service received there? Are there any Internet
reviews of the dealer you can read?
To sum it up: silver is used extensively throughout the world in dozens, if not hundreds, of different
applications. Sterling silver is often the choice of jewelers and silverware manufacturers; don?t forget to look
for the ?925? stamp. Whether you?re ready to sell your old unused silver for some quick pocket change, or
you?re ready to buy silver jewelry, coins, or other items, there are many reputable and honest precious
metals dealers that can help.
Document Tags: gold buyers, selling gold, gold, silver, cash for golf