sell silver
 

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 .

Orlando Coin Exchange

Coast to Coast in Oxford.
Worth a call to ask.

Silver City in Ocala.

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.

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.

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.

Silver City is convenient, but you won't get a very good rate from them.

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

The cost of shipping combined with insurance does take a big bite. Not so much with gold but definitely with silver.

Don't know....but what's your address?

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.

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...

Coast to Coast Coin and Jewelry in Oxford.