1. Don't waste your time.
Paper silver is different from Physical Silver
2. Don't waste your time.
Commemorative, collectible silver jewellery, utensils, zodiac coins (including those from Singapore Mints) - Fine (999), Sterling (925) or less, are not standard Silver Bullion, dealers will pay you 25-40% below Silver Spot price. In many situations, as "melt-price" or "scrap-silver" price
3. Don't waste your time. Dealers will not pay you a decent price for Silver Bullion Bars or Coins (eg. Fine 999 or 9999) that are from not LBMA mints.
Stick to LBM reputable mints, eg. Perth Mint, Royal Canadian, Austria, Royal Mint (UK), US Mint (Eagles), Asahi (Johnson Matthey), Pamp, Valcambi, Mexican Libertad, etc
Remarks:
- Stick to standard weights, eg. 1 oz, 10 oz, 100 oz, 1 kg, even if they are LBMA products.
- Stick to standard purities like 999 or 9999, do not pay a premium for collectibles, including those from LBMA mints.
- 1 troy ounce in precious metals is different from 1 ounce of liquid.
Not all Silver are created equal. It is very frustrating when you sell your precious metals.