Selling Sterling Silver Now Makes Good Sense for Sellers

June 1, 2010 - PRLog -- While gold and platinum are the superstars of jewelry for sale, Sterling silver should not be ignored. This is understandable. The spot market price of gold is currently at $1,216.20/ounce and Platinum is at $1,559/ounce. Silver seems poor by comparison, at just $18.56/ounce. However, don’t be mislead. If you have a large amount of Sterling, such as a service for 12, it represents many, many ounces that can be converted to much-needed fast cash.
 
According to Joe Montes, president, “Here is a good example of why a seller’s Sterling Silver flatware which, if a seller is like most of us, only comes out on special occasions, can represent a sizeable cash payout.
 
Now, let’s consider a seller who wishes to sell their Sterling silver flatware service for 12. The total weight of the individual pieces in the service is 3,800 grams which equals 122.17 Troy Ounces. If you multiply 122.17 X $18.56/ounce, the total actual silver value of this service is $2,267.48. Now, if you assume a payout of around 70%, selling this service to Cash for Gold Co would bring a cash payout of $1,587.26. That’s a pretty good cash return from the least valuable of the precious metals.”
 
Montes added, “This is just an example of one silver service and it doesn’t even include the heavy serving pieces. Some may be heavier, some lighter, but all are valuable. Moreover, many people also have heavy pieces like a tea set with a tray, pitchers and bowls. As long as they are Sterling silver and not just silver plated, they’re worth a tidy sum.

The difference between the high and low pieces is only a bit over $2.00/ounce. Over time, the price has remained excellent so now is a good time to bring in that much needed cash.”
 
Cash for Gold Co buys all kinds of Sterling silver regardless of age, condition or place of manufacture. The company pays sellers “the highest-possible percentage of actual value based upon assay and the current spot market price at that time”. For more information visit the company’s website at: http://www.cashforgoldco.com .
 


Joe Montes, President
eMail: info@cashforgoldco.com
Telephone: (888) 544-6532

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When you choose Cash for Gold Co as the company to buy your gold jewelry, you will be dealing with the one Internet buyer who will pay you the highest possible percentage of market value.