The Different Types Of Silver You Can Sell For Money: A Guide For Beginners

Did you know that you might have silverware, coins, or jewelry lying around that could earn you some extra money? With silver prices constantly fluctuating, it's wise to hold onto any silver items you have. But before you start selling, it's important to understand the different types of silver that exist and how they differ in value. This blog post will walk you through the types of silver that you can sell for cash.

Sterling Silver

Sterling silver is the most common type of silver that people own. You can find sterling silver in jewelry items like necklaces, rings, and bracelets. It can also be found in kitchenware like silverware or tea sets and decorative objects like candlesticks or picture frames. Sterling silver maintains its value even if it's tarnished or scratched, so don't be afraid to sell older pieces that may show their age.

Fine Silver

Fine silver is mostly pure silver, which makes it more valuable than sterling silver. Often, fine silver is used for bullion coins or bars because it's purer and easier to verify for quality. You can also find fine silver in some jewelry, although it's much rarer because it's so soft the jewelry piece could easily be damaged. When it comes to fine silver, it's important to make sure you know the exact purity of the silver before selling.

Coin Silver

Coin silver was used in historical coins in the United States before the government switched to using a different blend of metals in coins. The amount of silver in any given coin can vary and affect its value. If you think you might have a historical coin that's worth something, make sure to have it appraised before selling.

Silver Plating

Silver-plated items have a thin layer of silver coating placed over other metals, like brass or copper. They're not as valuable as their pure counterparts, but they can still hold some worth if they're in good condition. Silver-plated items are often found in antique shops or as part of a collection of decorative silver items. They typically have an S.P. stamp on them to indicate that they're silver plated.

There are many different types of silver out there, and knowing their value can help you make informed decisions when it comes to selling them. Start digging through your collection and see what hidden treasures you have!

Contact a silver buyer to learn more.