How to Buy and Sell Silver in Chicago

With the value rising, now might be a good time to consider selling your unused silver. Rising demand and supply constraints are likely going to keep the price of silver high, making them a relatively stable store of value and hedge against inflation. At Americash Jewelry & Coin Buyers, we buy a variety of silver products from clients all over Chicago. Whether you have flatware, tea sets, contacts, or wire, we buy them all at exceptional rates for cash. 

At Americash Jewelry & Coin Buyers, we also sell various silver products, including jewelry and coins. If you’re thinking of selling or buying silver, here are some reasons to consider doing business with us.

What’s Americash Jewelry and Coin Buyer Pricing Policy? 

Americash Jewelry & Coin Buyers is an ideal place to sell and buy silver and other precious metals because we’re committed to providing our customers with the best prices on the market. We offer customers fair and competitive prices for their silver, after completing a physical appraisal of your precious metals for free. Regardless of the quality of your silver, we’ll ensure you get a fair valuation. Unlike other companies, we don’t buy silver as scrap. We pay fair and competitive prices, so you get value for your precious metal.

What Types of Silver Products Do We Buy or Sell?

Another factor that makes Americash Jewelry & Coin Buyers better is that we buy and sell a wide range of silver products. You can buy and sell silver jewelry, coins, bars, and both modern and antique silver pieces. So long as the product is original silver, we’ll buy or sell at a price you can trust.

How Long Has Americash Jewelry and Coin Buyer Been in Operation?

With over 20 years in the precious metals industry, the team at Americash Jewelry & Coin Buyers has a reputation as a trusted company that delivers value to our customers. We’ve been operating from the same location for nearly two decades, and patrons all over Chicago trust us to provide them with professional services whether they’re buying or selling their silver products. For out-of-state customers, we also have our Las Vegas Jewelry & Coin Exchange to serve West Coast clients. Americash Jewelry & Coin Buyers is a member of the Better Business Bureau, where we have an A+ rating. 

Is the Evaluation and Payment Process Convenient?

We have an easy-to-use appraisal process for clients who want to buy or sell their silver. If you want to buy, all you need to do is bring your silver to our showroom. One of our expert appraisers will evaluate your items carefully in your presence. At the end of the evaluation, the appraiser will determine what your silver is worth and offer you an immediate cash offer. If you agree, we can pay you in cash or check, whichever is convenient. 

If you need to liquidate your silver at short notice, you can take advantage of our immediate payout policy today. Our easy-to-use evaluation and payout process is seamless and gives you all the information you need to make an informed choice when selling or buying silver at our showroom.

Do Customers Pay for Appraisals?

At Americash Jewelry & Coin Buyers, we offer free appraisals of your silver or any other precious metal or gemstone you want to buy or sell. This gives you a good understanding of what the silver is worth, allowing you to make an informed decision on your own. We have some of the best appraisers in the industry with a combined experience of over 100 years evaluating and purchasing silver, gold, platinum, fine jewelry, estates, and collectibles. 

Factors To Consider Before Buying or Selling Your Silver

Here are some factors to consider before buying or selling your silver:

Are Silver Prices and Demand Trending Upward?

Before buying or selling silver, but especially when you’re planning to sell, it’s advisable to check the demand and price trends. To get value for your silver, sell when demand and prices are high or trending higher. Higher demand and prices mean you can get more money for your precious metal and make a profit. 

Is Your Purchase Price and Storage Costs Lower Than Selling Price?

Consider the cost of the silver at the time of purchase. If you bought for a higher price and demand and prices are now lower, it might be advisable to delay selling your silver until a time when the value has increased. Otherwise, you might sell for less than your purchase price and make a loss. 

If you have a substantial amount of silver holdings and you kept it at an establishment, such as a bank, you’ll also want to factor in the cost of storage. Your storage cost plus the original purchase cost will determine whether you’re going to make a profit if you sell at current market rates. If you’re buying, it’s better to purchase silver when supply is higher than demand and the price is low. 

What Does An Appraiser Say?

Sometimes, it might be difficult to determine the actual worth of your silver. This is usually the case if the product is a special-issue item, a collector’s item, or another rare artifact. Before selling such silver products, consider getting the professional advice of an appraiser from a reputable establishment to get an estimate of your silver’s worth. That way, you’ll have a good idea of whether to sell your silver and the acceptable price point. 

Buy and Sell Silver at Americash Jewelry & Coin Buyers

Whether you’re buying or selling silver, at Americash Jewelry & Coin Buyers, we offer a seamless experience. Our professional appraisers evaluate your precious metals and offer you a cash or check offer in your presence. Our showroom is a convenient thirty-minute drive from Chicago’s Loop, where we serve clients from all over the western suburbs of Chicago and surrounding communities. If you have any questions, please contact us on 630-791-5647 or visit our showroom for a free, no-obligation cash offer today.