Silver Bar Sale: Easy Steps You Can Follow
You have finally made the decision; you are going to sell your silver. Making that decision is fun, but what next? Many questions travel on “How does that actually work? Where can I be best? And what is it actually worth”? It’s something you probably don’t do every day. That is why it is important to first know what you have, what you are talking about and where you can best be.
Finding answers to questions can often be very difficult for a layman. This checklist will do the trick! Here are some tips and tricks, what you should pay attention to and how you can know what exactly you have in silver and in value. At first you have to go through the process to find out for yourself what exactly you have, then checkout how you can find out the current value and ultimately where you can best sell your silver. Perfect deals to Sell silver bars Sydney are right here now.
Different forms of silver are also discussed. For example, you can have silver in the form of jewelry, cutlery, coins & medals, bars and even industrial silver.
Silver in Various Forms
Different forms of silver. Silver is silver and that does not change, but it can come in various forms such as jewelry, coins, bars, cutlery, crockery and even in industry.
Know what you have! Check everything for quality marks
All silver that is sold must have official silver approvals. Check which quality marks you find, the quality mark indicates the content of silver of which your object is. This is important for the value! The higher the content, the higher the value will be. Due to age and wear, any silver marks can wear out.
Can’t find any quality marks? Then search for numbers
Not all silver is officially marked. For example, if it comes from abroad or if it was made by a goldsmith you, it is not always officially marked. However, in most cases there will still be a content indication.
Then search for numbers:
- 800 = 3rd grade silver
- 835 = 2nd grade silver
- 925 = 1st grade silver
Figures for content indication silver
Can’t find any hallmarks or numbers in jewelry?
That does not mean everything, but in the majority of cases it will not be silver. Still in doubt? Do not throw it away, it may be that the numbers and brands are worn out or simply have never been used. Then take the items with you to the buyer where you are going and have them check them after all. Every buyer has material and knowledge to be able to assess it correctly.
Do you not find quality marks or figures in cutlery or crockery? Try bending it
Silver is very soft and therefore very easy to bend by hand. Do you have cutlery or crockery that you cannot find in numbers or quality marks? Then try bending it by hand. If that does not work or you feel a lot of resistance, it is not silver.
Can’t figure it out yourself? Take it to a buyer
Are you still unable to find a solution after the above tips? No problem, a buyer has special “test water” for this. This is a chemical liquid that can determine whether you have real silver or not. He does this by means of the so-called touchstone method.
