Silver | 500 | 800 | 925 | 958 | Fine |
---|---|---|---|---|---|
Indicative Price Per Gram | £0.25 | £0.39 | £0.46 | £0.48 | £0.49 |
Indicative Price Per Ounce | £7.67 | £12.27 | £14.34 | £14.85 | £15.35 |
Sell Silver online
Your success in silver investment will rely, not only on when you buy but also on when you sell your silver.
Historically the price of silver has been lower than gold and now it’s around 85 times lower than the price of gold and this has offered a way for investors to diversify their precious metals holdings at a lower price point entry. As a rare metal, silver prices follow a similar pattern to that of gold but are also influenced by other factors. This means that the decision to sell silver at the best time needs to be an informed one if you are to realise the best profits. Physical Gold can help its customers in two ways when it comes to selling your silver; offering a buyback guarantee for any silver you have brought from us as well as providing free gold & silver investment tips, advice & market news.
When selling silver bars, bullion and silver coins in the UK, you can choose to sell to Physical Gold. We also now buy silver jewellery or other silver items and can also make you an offer on your rare and historical coins. Please note we do not buy silver plated items.
If you’re looking to sell silver jewellery, then click here.
Sell JewelleryKnowing what to buy in the first place
If you want to make a decent profit when selling silver, you need to know what products to invest in. Bars and coins are the best options if you’re putting your money into precious metals. Silver coins usually carry higher production costs due to the expenses incurred in design and manufacture. However, there are larger versions of UK legal tender coins in the market like the silver Britannia. Also, coins like the Lunar series and Queen’s Beasts will also be easy to re-sell too.
On the other hand, bars can get you a little more silver for your money, due to lower production costs. Bars can be sold in various sizes such as 1oz, 2oz, 1-kilo and 5-kilo.
It’s important to bear in mind though that greater variety and liquidity can be achieved by investing in well-known coins. Coins like these offer great liquidity as they enjoy a large secondary market and can be easily sold at any point in time. Some popular foreign silver coins, which are easy to buy and sell include the American Eagle, Canadian Maple Leaf and the South African Krugerrand.
Buying UK legal tender coins can help you achieve greater tax efficiency, as they are Capital Gains Tax (CGT) free.
Taking care of your silver
It’s obvious that you would be able to realise a better selling price if your silver has been properly stored and well taken care of. When you buy a bar or a coin, it arrives in sealed packaging. You should not remove the packaging and simply store your silver, as it is in a good quality home safe. In this way, your silver products will be less prone to tarnishing and can fetch a better selling price. If you own some old silver in the form of bars, coins or jewellery, avoid cleaning them with any kind of chemical solution. This may erode the silver and ultimately fetch a lower price. It’s also advisable to keep them in ready-made capsules and presentation boxes wherever you can.
Sell your silver to Physical Gold Limited now
Why not call Physical Gold Limited now to sell silver. The process couldn’t be easier, simply call 020 7060 9992 or complete this form to kickstart the process.
Image credit: Wikimedia Commons
Indicative silver selling prices
Click to expand below to find out how much you could raise when selling silver.
Name | Guide price each |
---|---|
1oz Britannia | £16.24 |
1oz Maple Leaf | £16.24 |
1oz Philharmonic | £16.24 |
Other 1oz coins | £16.06 |
Name | Guide price each |
---|---|
1kg | £521.99 |
5kg | £2,609.96 |
100oz | £1,623.55 |
Selling Silver Information
When we sell silver, we offer a buyback guarantee to our customers. We can offer competitive prices as we know the provenance of the pieces that we have sold to you and if you have stored your silver bars with us to benefit from VAT exemption then we can offer a fast release of your funds because we hold the necessary paperwork on your behalf. Our buyback guarantee is based on the prevailing price of silver and the current market conditions for your silver.
Whether you selling all or part of your investment silver we can offer a good price on your assets; from silver bars to silver bullion, rare and collectable silver coins. When selling silver, owners can visit our price charts to get an indicative value of your silver, but we can only provide an accurate and comprehensive valuation if you contact us directly.
Silver bars that are purchased through Physical Gold will usually be stored in our offshore vaults to retain their VAT free status. If you decided to sell your silver bars, whether part or all of your investment, then we make the process simple. Contact us for an up to date valuation and, once you have accepted our price, you can simply use our metal sales form to sell silver online. For silver bars that are not stored with us, we can provide competitive prices.
When it comes to the decision to sell silver coins UK & foreign our numismatists will need to examine your coins. We will qualify the silver content and determine a piece’s authenticity to ensure that, when it comes to resale, we offer only the finest quality investment silver for sale.
However you wish to sell your silver, we can provide you with competitive market rates at any time and, though we are not financial advisors, we do provide all of our customers with free gold & silver investment tips, advice and market news to help you decide when to sell silver.
You can also sell gold through us and, as trusted UK silver and gold dealers, we provide guaranteed buyback on any gold or silver you have purchased this through us, including bullion, coins and bars.
Sell your silver to Physical Gold Limited now
Why not call Physical Gold Limited now, we believe we are the best place to sell silver coins and bars. When selling silver, the process couldn’t be easier, simply call 020 7060 9992 or complete this form to kickstart the process.
Image credit: Wikimedia Commons