If you are in need of some quick money or simply have some old jewelry that you no longer need, you might want to consider cashing them in for money. You can get cash for silver in Braintree. It is fast and easy to do. Just bring in your old silver jewelry or coins and you will leave with cash.
Cash for Silver in Braintree
Silver is one of the most valuable metals in the world. Silver holds its value and in fact, the value increases over time. There are different types of silver so it is important to understand the differences before you get cash for silver in Braintree.
Silverplate is made by placing a silver coating over other types of metal. This is not solid silver and therefore it is not as valuable. Silverplate is often used in silverware, tea services, trays and other objects of beauty. The silver coating makes the item shine and makes it attractive. Silverplated items often have hallmarks, just like sterling silver. However, silverplate is generally most valuable as an antique rather than for the silver value, which is usually nominal.
Sterling silver is also sometimes called solid silver. Because silver is a soft metal it is often alloyed with other metals to increase its strength and durability. In order to be considered sterling, silver must contain at least 92.5% of its weight in silver. The minimum fineness of sterling silver is 925.
You may have jewelry that is made of sterling silver. Many times it is stamped to say it is sterling or it may have a stamp that says 925. This type of silver is acceptable when you want to get cash for silver in Braintree.
Pure silver, also called fine silver, is 99.9% silver. This type of silver would be too soft to use in jewelry. Fine silver has a stamp of 999 to indicate its content. Coin silver is of lesser purity and usually contains about 90% silver or less. Older silver coins contain enough silver to be valuable.
The Value of Silver
The value of silver has been generally increasing for many decades. Silver is traded on the worldwide market and therefore the price fluctuates on any given day. The price that you can expect for silver is based on the current market value.
Silver is priced per ounce. Since jewelry and coins are not pure silver, they are worth a percentage of the current silver market price. When you take a piece of jewelry in for cash it will be weighed. You can expect to receive an offer that takes into account the percentage of other materials used in the piece.
If you come across some old silver coins they are likely worth more than their face value. Rather than spending them, you can exchange them for their silver value. Old silver dollars are much more valuable than their one dollar face value. Only coins that contain a high amount of silver can be exchanged for cash. Bring in your silver jewelry and coins and we will check it for silver content and give you a purchase price.Cash for Silver Braintree