I have 8 point something troy ounces of .999 silver.
What is the best way to sell it?
Or, just hang on to it as the price is going up?
What is the best way to sell it?
Or, just hang on to it as the price is going up?
Hang onto it for now. Silver is down quite a bit from last year. Last year it was around $30 an ounce and right now it is......$23.20 an ounce.
If you do sell it, I would try here first. You will probably get more out of it here than most other places.
You could 'donate' it to one of my 'charities'.
You could make bullets out of it. That would be cool.
Unique pieces. Don't know if it makes them worth more or not.
Unless you have a collector willing to pay for the art value of the coin slightly below spot is what you'll typically get.
Hate to say it but, they are unique to you, they are meltable/silver slag to most folks looking at them.
Unless you can narrow your market to people who might collect those specifically, you are looking at spot.
Like someone said, ebay is a good place.
AR-15.com has a section for precious metals and coins in the equipment exchange.
The problem with "unique" medallions, etc is that they aren't a "sure thing" for weight and purity.
American Silver Eagles have a long set of "bona fides". Silver medallions do not.
Dave
Last year most morgan dollars were selling way above melt value for say a random roll of them. I should have sold mine that way but craigslist worked for me. I posted them up for sale here and nobody was interested. This one ole boy from craigslist wound up buying all 5 rolls i had.
