Author Topic: Where to sell silver and gold for cash.  (Read 2160 times)

Offline Westcoastrocks

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Where to sell silver and gold for cash.
« on: April 18, 2011, 12:40:47 PM »
Hello all! I'm brand new here an brand newish to the show. Just got done listening to today's episode an it raised a question in my mind. Jack talks about silver and gold being great because there is no paper trail if it's under a certain amount. Well a couple days ago I sold part of my physical silver (holding out the rest till the runs over) but I could only get paid by check not cash. So there you have a paper trail, does anyone know how to find places that gives you straight up cash for your metals?

Westco

Offline ncjeeper

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Re: Where to sell silver and gold for cash.
« Reply #1 on: April 18, 2011, 03:33:35 PM »
The places I know have their cash/check limit at 100 dollars, so if you sell more than 100 dollars worth you receive a check. Sell them less than 100 dollars worth and you get paid in cash.

Offline tamo42

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Re: Where to sell silver and gold for cash.
« Reply #2 on: April 18, 2011, 09:11:42 PM »
To local individuals.

Offline Crash

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Re: Where to sell silver and gold for cash.
« Reply #3 on: April 18, 2011, 10:41:13 PM »
I have a local guy that pays cash or barters.

Offline Asclepius

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Re: Where to sell silver and gold for cash.
« Reply #4 on: April 19, 2011, 12:53:53 AM »
I like ebay because the premiums you can get are ridiculous.

If you want less paper trail try craigslist.

Offline tamo42

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Re: Where to sell silver and gold for cash.
« Reply #5 on: April 19, 2011, 01:10:20 AM »
eBay premiums are high, but so are the fees. You'll usually pay 12-13% of the sales price in various fees.

Offline A Pawn

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Re: Where to sell silver and gold for cash.
« Reply #6 on: April 19, 2011, 07:51:43 PM »
Check out local gun shows. There seems to always be two or more dealers willing to buy as well as sell gold and silver. Be careful and ask around the show if any of the other dealers know them. The other dealers of guns and such know the good people from the bad. They have ways of making sure the bad are not welcome. Give it a try..and most deal in cash....

Take it easy...  8)

Offline Crash

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Re: Where to sell silver and gold for cash.
« Reply #7 on: April 19, 2011, 09:39:04 PM »
Be very wary of anyone you meet through Ebay or Craig's List I'd do coin and gun shows and try to meet some people locally.