Silver coins Cash in at CashForYourGold

Posted by Cash for Your Gold
6
Dec 31, 2016
542 Views
Image

Many people generally start their investment with silver coins as they offer a lower entry point into the world of coin collecting than their gold counterparts but this is not due to any lesser quality. Silver Coins are typically produced for both the collector and investor markets and feature a range of designs and themes allowing you to build an interesting collection from mints around the world. Some designs even feature additional colour accenting on the face or obverse to further add to the aesthetic quality and collectability.

The team at Cashforyourgold.co.uk regularly buy back from silver coin collectors who often wish to use the proceeds to upgrade their collections. And in every case the basic method of getting the most for your coins is the same.

We at Cashforyourgold.co.uk point out our tips that successful collectors should adhere to when selling coins.

  • Certain individual coins sell best to certain dealers. Low value, medium and high value coins each have their unique best-selling practices. Cashforyourgold.co.uk covers all 3 ranges when providing the best price to our customers.
  • You must understand the value of your coins and scrap silver in order to know what to expect as a reasonable offer.

Items vary in their silver content and are usually between 92.5% to 99.9% silver content. Like gold, silver can be a great store of value during tempestuous times for investment. Unfortunately, the problem is, silver can be incredibly volatile. Therefore, when the market is right a lot of investors will look to very quickly cash in on their silver. Due to the current economic market the value of silver is at a high and therefore a great time for sellers to cash in.

If you have collectible coins, those with rare dates, valuable mint marks and ones in better condition will be avidly sought by dealers and collectors such as Cashforyourgold.co.uk.

Silver coins are mostly alloyed. Silver is generally brittle on its own and it’s not easy for silversmiths to work; therefore they usually blend the silver with other metals. Only a refined silver ingot or minted coin is worth spot price, and there’s a bit of work involved in getting unwanted silver to this state.

In general, the older your coin the more likely you’ll find a higher value. For example, US dimes, quarters and half dollars minted before 1916 if not heavily worn, all start to carry a premium above silver value.

Visit Cashforyourgold.co.uk to find out how you can sell your silver from the comfort of your own home at the best price.

Please note that all rates are subject to market conditions.

5 people like it
avatar avatar avatar avatar avatar
Comments
avatar
Please sign in to add comment.