Jump to content
  • The above Banner is a Sponsored Banner.

    Upgrade to Premium Membership to remove this Banner & All Google Ads. For full list of Premium Member benefits Click HERE.

  • Join The Silver Forum

    The Silver Forum is one of the largest and best loved silver and gold precious metals forums in the world, established since 2014. Join today for FREE! Browse the sponsor's topics (hidden to guests) for special deals and offers, check out the bargains in the members trade section and join in with our community reacting and commenting on topic posts. If you have any questions whatsoever about precious metals collecting and investing please join and start a topic and we will be here to help with our knowledge :) happy stacking/collecting. 21,000+ forum members and 1 million+ forum posts. For the latest up to date stats please see the stats in the right sidebar when browsing from desktop. Sign up for FREE to view the forum with reduced ads. 

How to sell when the time is right ?


Recommended Posts

Hi I'm a new collector, and I've amassed a fair amount of silver in a short time. I was wondering if a more experienced stacker had info on the best ways to sell off my silver if the time pops up ?

Link to comment
Share on other sites

My experience of selling coins on eBay is one of great effort for next to no reward so that's why I avoid.
Buying is different as you are always hoping for a bargain.

Selling - you may have numerous problems from people winning bids that end up wanting to cancel, cannot pay etc.
Then you have the fees - 10% to eBay with a further 3.4% to PayPal.
Occasionally there are offers from eBay for a very limited time waiving fees but still PayPal takes its cut.

Try selling on this forum first assuming what you would hope to sell on eBay should be discounted 15% on the forum.
You can enter on eBay your coin in advanced search and select sold / completed.
Ignore the optimistic buy it now chancers prices.
Astute forum members know where to buy silver coins at the lowest prices so don't expect to achieve the prices shown on the websites of the popular UK dealers.

Link to comment
Share on other sites

Here the worse place to sell is local auction houses. In Rapid City, SD yesterday a large coin estate was sold buy a local auction house and they mislabeled quite a few lots.  Makes it easy to buy coins very reasonable but bad for the seller.  When I sold before 2009-2011 I went to a major coin show were there are lots of dealers to give me offers on my silver and gold, dose not hurt to get many offers all in one day.  Jim

Link to comment
Share on other sites

I try to work out how to sell what I'm buying before

I buy it. it's part of recognising the artistic value of

collectors items that are bought to turn a profit.

what something is worth and how much you can

sell an item for is not always the same.

it's not too late to move to smaller profits on more

liquid items. it takes out a lot of the headache.

I vote sovereigns



Link to comment
Share on other sites

If your planning on spending time collecting and spending time selling then getting some good feedback on here selling and buying can do you some good when it comes time to sell in higher numbers...where you seem to think you have reached the best time to sell there will be people here who are ready to buy your coins for long term or hand down collections....same for buying, I'd recommend here before ebay and I buy from ebay all the time, dealers will cut you up, they can smell desperation from a mile away....some right now are paying 73% spot for gold but over 95% for silver because that's what people want right now, in any given second that could reverse.

Link to comment
Share on other sites

In a short time, would suggest quick to immediate liquidation. Monitor your nearest geographical best price dealers, could be your fastest source of liquidity. Any profit is a good profit if your priorities is quick liquidation. Good luck!🍀

Link to comment
Share on other sites


This topic is now archived and is closed to further replies.

  • Create New...

Cookies & terms of service

We have placed cookies on your device to help make this website better. By continuing to use this site you consent to the use of cookies and to our Privacy Policy & Terms of Use