View Full Version : sell silver
npwalters
12-02-2024, 06:16 PM
Does anyone here have a recommendation for where to sell bulk (bars) silver? It needs to be within driving distance since the cost of shipping takes a big bite .
mikreb
12-02-2024, 08:20 PM
Orlando Coin Exchange
Bogie Shooter
12-02-2024, 08:29 PM
Coast to Coast in Oxford.
Worth a call to ask.
opinionist
12-03-2024, 07:36 AM
Silver City in Ocala.
villagetinker
12-03-2024, 09:23 AM
You could keep an eye on the spot silver market, and sell it yourself, this eliminates the middleman, I would go a few percent below the spot market.
blueash
12-03-2024, 11:44 AM
Does anyone here have a recommendation for where to sell bulk (bars) silver? It needs to be within driving distance since the cost of shipping takes a big bite .
Does the cost of shipping take a bigger bite than the lost cost of dealing with a local merchant? Some online silver/gold companies do provide free shipping.
retiredguy123
12-03-2024, 11:53 AM
I once called Rosland Capital and asked how much money I would lose if I bought and sold gold from them with no change in the market price. They said the buying and selling costs would be 8 percent combined. So, I could buy $1,000 in gold and, after selling it back, I would end up with $950. I don't know if there were shipping costs involved.
DaddyD
12-03-2024, 05:44 PM
Silver City in Ocala.
Silver City is convenient, but you won't get a very good rate from them.
DaddyD
12-03-2024, 05:47 PM
D&R Coin Shop in Ocala pays the best locally: (352) 817-6564
All American Gold & Silver Buyers in Apopka (near Orlando) pays a very competitive rate: (407) 257-9944
Vermillion Enterprises in Tampa also pays well: (352) 585-9772
npwalters
12-03-2024, 06:29 PM
D&R Coin Shop in Ocala pays the best locally: (352) 817-6564
All American Gold & Silver Buyers in Apopka (near Orlando) pays a very competitive rate: (407) 257-9944
Vermillion Enterprises in Tampa also pays well: (352) 585-9772
Thanks
npwalters
12-03-2024, 06:31 PM
Does the cost of shipping take a bigger bite than the lost cost of dealing with a local merchant? Some online silver/gold companies do provide free shipping.
The cost of shipping combined with insurance does take a big bite. Not so much with gold but definitely with silver.
tjlee500
12-04-2024, 04:06 AM
Don't know....but what's your address?
derkster
12-04-2024, 05:01 AM
Contact the company you bought it from if that applies. You should never sell below spot price and should always sell above. When you buy you pay above spot price with the added costs which vary depending on market conditions.
Are we talking 100 oz bar or larger?
I would call either Noble Gold or Beverly Hills Precious Metals and talk to a representative and get professional advice..
If you do not need the money I would hang onto it with the price of gold and silver primed to go up soon.
RICH1
12-04-2024, 06:21 AM
SILVER & Gold are ready to double ... China has been stockpiling both, getting prepared for this Spike... If you sell now, you will kick yourself in the Kiester...
DeeJay
12-04-2024, 07:42 AM
Coast to Coast Coin and Jewelry in Oxford.
Angelhug52
12-04-2024, 08:15 AM
Bob's Coins, on 441. Terrace Shops. Summerfield.Check out there web site. Always found them fair.
GoldenBoy
12-04-2024, 08:19 AM
So the commercials about buying precious metals to augment your retirement fund sounds a tad iffy. I oftenten wondered about the process to actually use it. I guess walking off a sliver to buy paper towels isn't as easy as it sounds. An 8% cost to reconvert to cash would seem to take a fair amount of any anticipated "investment". Does Hannity address this part in any of his commercials?
npwalters
12-04-2024, 08:38 AM
Don't know....but what's your address?
LOL, you will have to go to a safe deposit box
ThirdOfFive
12-04-2024, 08:40 AM
You could keep an eye on the spot silver market, and sell it yourself, this eliminates the middleman, I would go a few percent below the spot market.
I confess to almost complete ignorance (other than some coin collecting) on this topic. Have several questions...
What, exactly, defines a "spot" price?
What kind of silver is best to buy: Coins? Bars? in what amount?
Does buying in larger amounts get you a better price per ounce?
Any words of wisdom appreciated...
npwalters
12-04-2024, 08:45 AM
Thanks for the information folks. I have some leads to follow up if I choose to. I don't "need" to sell anything but do want to be informed.
Why do some of you think that gold and silver are ready to rise rapidly? Gold has remained relatively stable for several years. Silver has increased enough to be a reasonable investment. Not trying to contradict it but I would like to know the thoughts behind it.
MrLonzo
12-04-2024, 10:49 AM
I sold some silver at spot many years ago via an ad through Craigslist. That was when I was young, naively assuming the buyer would show up with cash and not a gun! It worked out fine, but I think it's much riskier in today's environment -- unless the buyer is someone you know.
stevesliders
12-04-2024, 12:55 PM
Bobs Gold and coins, there in the plaza behind Mcdonalds across from walmart hwy 441 Summerfield. He pays a little less than spot price just sold them some last month.
villagetinker
12-04-2024, 01:17 PM
I confess to almost complete ignorance (other than some coin collecting) on this topic. Have several questions...
What, exactly, defines a "spot" price?
What kind of silver is best to buy: Coins? Bars? in what amount?
Does buying in larger amounts get you a better price per ounce?
Any words of wisdom appreciated...
If you search silver price, you will get the "spot price" which changes by the minute.
As far as I am concerned , silver is silver, however, bars are typically 100% pure silver, coins will typically be slightly less. I like coins as some of these are still in circulation which a FREE money.
I have never heard of a discount for buying in bulk, unless you save on shipping.
Alarmed
12-04-2024, 01:48 PM
I would find a private buyer. Meet at a bank and get cash for your silver to deposit. Free security and guard there.
star20166@yahoo.com
12-04-2024, 07:35 PM
I would suggest calling or messaging MilesFranklin.com I find they will give you the most for your metal and can FedEx to pick it up at your home. I guess you are tired of waiting for 6 figure silver huh.
herremans
12-05-2024, 08:35 AM
Does anyone here have a recommendation for where to sell bulk (bars) silver? It needs to be within driving distance since the cost of shipping takes a big bite .
I may be interested== call me at 6164509282
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