and many consider gold and silver coins to be money. No, you cannot go to the supermarket with a gold or silver coin and buy groceries, but coins are the most liquid way to own bullion. Unlike jewelry, you know the exact amount of gold or silver in the coin. It...
No, most bullion businesses will not buy your old jewelry or scrap gold. The one exception is if you have 24 karat gold (24K gold), but this is rather uncommon. (Gold chains or engagement rings are more likely to have a lower gold purity such as 18K gold.) The best place for sellin...
While scrap like your broken jewelry might be useless for everyday wear, its precious metal content like gold, silver, or platinum can be immensely valuable. Not only could your scrap be taking up space in your home or office, but you’re also missing out on a great opportunity to make ...
Where to Sell Silver Coins for Cash (8 Options) by Dave | 25 Comments Selling silver is not that straight forward as it seems. You have the white metal in your hands be it a coins, bars, sterling, or just some scrap silver, but how do you get the best price possible? And what’...
Be careful where you cash in your coins, and make sure you get a price that is close to the spot silver price. Screen out any silver coins that may be more valuable than the scrap price -- particularly silver dollars. These coins have a high demand among collectors, particularly when in...
Similarly, jewelry and silverware can be a source of silver scrap. As silver prices rise, more scrap supply comes onto the market, which can put a cap on prices. Cryptocurrency’s Impact on Silver Prices Since people often considerBitcointhe “digital gold alternative,” it is somewhat of a...
usually prefer to buy gold based on weight, rather than paying anything remotely close to the retail value of the gold chain. You have to be prepared to haggle and negotiate when dealing with pawnshops, and even then it is difficult to get what is considered a fair price, revealsJewelry ...
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To view the latest prices for gold and silver, we would recommend using a site such as Kitco, which has up to the minute prices. To access the live price (known as the “spot price”), click either of the links below: Live gold price at Kitco –https://www.kitco.com/charts/l...
Find out how much scrap silver electrical contacts are worth with this step by step example of melting, assay and purchase of a single lot of silver contacts.