Gold: $4565.46  Silver: $77.33  Platinum: $1983.15  90% Junk $1 FV: $55.29  Gold/Silver Ratio: 59.04

How to Sell Gold & Silver for the Best Price

A practical guide to selling precious metals online, knowing your melt value, and getting multiple dealer offers without fees or obligation.

Step 1 — Know what your gold and silver is worth

Before you sell anything, establish a baseline melt value. For gold by karat and weight, use our Gold Melt Value Calculator. For silver by purity, sterling, or junk face value, use the Silver Melt Value Calculator or the Silver Coin Melt Values reference. Melt is the starting point for evaluating offers.

Step 2 — Choose the right selling method

Local coin shops and pawn shops can be fast but often pay lower percentages versus established online bullion dealers. Marketplaces add fees and shipping risk. Selling through FindBullionPrices lets you describe your lot once so multiple vetted dealers can respond with competing bids — there is no charge to request offers.

Step 3 — Describe your items accurately

Include product type (coin, bar, round, jewelry), purity or karat, quantity or weight if known, and condition (uncirculated, circulated, damaged). Better detail yields tighter offers. If you are unsure, note that and dealers can help identify items after initial contact.

Step 4 — Get competing offers

Use the sell hub form or a metal-specific page (gold, silver, platinum). Compare responses, ask follow-up questions about shipping and payment, and pick the dealer that fits your timing and price.

Step 5 — Ship and get paid

After you accept an offer, the dealer provides packing and shipping instructions. Many provide labels or reimburse shipping on larger shipments. Payment is commonly by check, ACH, or wire after receipt and verification — timeline varies by dealer but is often a few business days after delivery.

Tips for getting the best price

  • Compare at least two to three offers when possible.
  • Watch spot trends; higher spot generally supports stronger bids.
  • Larger homogeneous lots can sometimes negotiate tighter spreads.
  • Keep government bullion in original tubes when applicable.
  • Do not “clean” numismatic coins; cleaning can hurt collector value.

Common mistakes to avoid

  • Accepting the first cash-for-gold quote without comparing.
  • Not checking spot before walking into a pawn shop.
  • Confusing plated jewelry with solid karat gold.

Explore the sell section

FAQ

Are there hidden fees? Requesting offers through FindBullionPrices is free. Dealer-specific fees, if any, should be disclosed in their offer.

Do I have to ship before I see numbers? You should receive offer ranges or bids before you commit; exact final settlement may require inspection.