Monday, July 27, 2020

Why are so many people cashing in their Scrap silver at Cashforyourgold.co.uk

Silver coins offer a lower entry point into the world of coin collecting than their gold counterparts and are usually the choice of coin most people tend to start their investment in.

Silver Coins are a popular choice for both the collector and investor markets and feature a range of designs and themes allowing you to build an interesting collection from mints around the globe.

There are a great range of coins out there in the market, with some featuring additional colour accenting on the face or obverse to further add to the aesthetic quality and collectability.


Customers useCashforyourgold.co.uk to take advantage of their great buy back prices and use the proceeds either to upgrade their collections or use the money towards something else. An added bonus of using a reputable company like Cashforyourgold.co.uk is its trusted process. Customers are sent their money straight to their bank accounts swiftly.

The experienced team are always happy to offer advice. Some key tips that successful collectors should adhere to when selling coins are as follows:

  • Variousindividual coins sell best to certain dealers. Low value, medium and high value coins each have their unique best-selling practices.  The great news is, Cashforyourgold.co.uk covers all 3 ranges when providing the best price for all 3 ranges.
  • We recommend that our customers understand the value of your coins in order to know what to expect as a reasonable offer.

Silver content within an item usually varybetween 92.5% to 99.9%.Like Scrap gold in UK, silver can be a great store of value during tempestuous times for investment.Unfortunately, the problem is, silver can be incredibly volatile. Therefore, when the market is right a lot of investors will look to very quickly cash in on their silver.  With the current economic uncertainty due to the global pandemic a lot of customers are cashing in on their scrap silver to raise funds.

Coins that will get you the most money will include collectible coins, those with rare dates, valuable mint marks and ones in better condition. These will be avidly sought by dealers and collectors such as Cashforyourgold.co.uk

Silver coins are generally alloyed. On its own silver is generally brittle and it’s not easy for silversmiths to work; therefore they usually blend the silver with other metals.Only a refined silver ingot or minted coin is worth spot price, and there’s a bit of effort involved in getting unwanted silver to this state.

Older coins generallyfind a higher value. For example, US dimes, quarters and half dollars minted before 1916 if not heavily worn, all start to carry a premium above silver value.

Visit Cashforyourgold.co.uk today to find out how much your silver could be worth with a no obligations quote.

 

Read Also: Expert reasons for investing in gold that you should know


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