Have you recently inherited a collection of sterling silver flatware and antiques but would rather not hold onto excess clutter? Maybe you’ve found your jewellery box overflowing with sterling silver pieces that you just don’t reach for and want to make room for a more treasured piece. No matter why you’ve found yourself looking to sell, knowing where to sell sterling silver for the best price can feel overwhelming.
At Pinto Gold and Jewellery Buyers, we understand that there are many reasons why someone may wish to sell their sterling silver jewellery, flatware, and other antique pieces. When considering selling, it is important to know where to go in order to get the best price for your treasured items. If you’ve been wondering where can I sell my sterling silver necklace or where to sell sterling flatware, the experts at Pinto Gold and Jewellery Buyers can help. In this post, we outline what you should know about selling stringing silver and offer support in helping you find a reputable buyer who will offer a fair price.
Want to know, where can I sell my sterling silverware or jewellery today? Book a free appraisal with the experts at Pinto Gold and Jewellery Buyers. We are the sterling silver buyer Toronto residents trust.
What is Sterling Silver?
Have you ever wondered if your sterling silver was actually real silver? You’ll likely be happy to learn that sterling silver is very much real silver. Keep in mind that sterling silver is not pure silver and instead is an alloy. 925 silver is one of the most commonly seen types of silver and is often used for flatware, jewellery, and other household items such as cups, spoons, and tea sets. It is important to note that 925 sterling silver represents that your item would consist of 92.5% silver and another 7.5% of another metal, usually copper. This makes the silver less soft and more suitable to be used in the beautiful forms we regularly see it in. Sterling silver is valuable and is a precious metal alloy, and beyond being beautiful to look at, it may also be rewarding to sell if you no longer have use for your sterling silver item.
Where Can I Sell Sterling Silver?
When it comes to selling your sterling silver, you generally have two options, privately on your own or selling to a silver buyer. There are pros and cons to both options though, in many cases, sellers find that choosing to sell with a silver buyer or jewellery buyer is the most convenient and fastest way to complete their transaction.
Keep in mind that when selling your sterling silver flatware or sterling silver jewellery to a silver buyer, costs associated with repurposing the silver will be factored into the price you are offered. Though you will get a fair price when you choose a trusted buyer, also note that you will not get the exact market value for the silver. This is partially due to the expenses of the buyer but also due to your silver likely being 92.5% silver where market prices reflect pure silver. Our previous post, How Do Cash for Gold Stores Work, may be helpful for understanding the process of selling your silver to a professional gold, silver and jewellery buyer.
If you choose to sell your silver privately, it could be possible to get a bit more money for your items. However, selling often takes more time and comes with risks such as needing to meet your potential buyer to complete the transaction or being exposed to scams. Many private sellers turn to selling their sterling silver online through social media marketplaces or selling platforms.
Though this can be a rewarding option, always take care to protect your privacy and safety during an online selling transaction. Our post, How to Sell a Diamond Online, is focused on diamonds, but the principles surrounding selling online apply to selling sterling silver too.
How Can I Find a Reputable Silver Buyer?
If you are interested in knowing where to sell sterling silver, your best bet may be to turn to a local gold and jewellery buyer with a good reputation. Be wary of potential buyers with too-good-to-be-true sales pitches and instead look for a business with a long-standing history and good reputation. At Pinto Gold and Jewellery Buyers, we are a trusted member of our community and the gold buyer Toronto residents choose most.
Selling your sterling silver can be rewarding and may allow you to turn clutter into something meaningful. Contact the experts at Pinto Gold and Jewellery Buyers today to learn more about what your sterling silver may be worth. We look forward to providing you with the best customer experience.