If you are you looking for a fair and convenient way to sell your silver coins and bullion collections in 2020, the new SilverHubs precious metals classified sales facilities enable you to cut out the middle men, deal directly between buyer and seller to get the best possible price for selling your silver, coin collections and bullion coins.
Why sell your silver for just a low spot trade price? when you have invested in silver collectables, coins and bullion, having paid the retail silver premiums it is only fair to be able to re-sell at an equally fair price.Selling your silver coins and collections using CoinsUK SilverHubs you set your own retail selling price and receive 100% of your items sale price, the new 0% fees way!
What price might I get for selling my silver coins in 2020?
As a silver coin seller: At Coins UK SilverHubs, Typically we’d expect you to receive an extra 25% more in comparison to simply selling your silver coins to a coin or bullion dealer, since dealers seldom pay much more than the basic silver spot, trade or scrap price!
Silver dealers coin buying price comparisons: In January 2020 CoinsUK SilverHubs conducted price checks on 11 UK coin dealer sites with offers to buy silver coins typically ranging between just 95% and 101% of the basic silver spot price. Certain UK coin buyers will offer some additional premium for the most desirable silver bullion coins, but you will rarely be offered anywhere close to the retail sales price which you could sell your coins for directly yourself. It is well worth your effort to spend time researching retail coin prices and then all you have to do is photograph and list your coins for sale using SilverHubs free coin sales listing tools.
As most coin collectors are well aware; Depending on the coin type, age, rarity and desirability you should also be able to sell for substantially more than spot prices. It is reasonable to offer more collectable silver coins for between 25-50% over spot price, whilst still providing good, fair value for the coin buyer.
Selling example at a Jan 2020 spot silver price of around £13.70 per Troy silver ounce, most dealers are offering around the £13.60-£13.90 price range to buy,Selling your silver coins directly yourself at 0% sales costs means that both the buyer and seller receive an equally good, fair deal. The coin seller can typically get 25% more than selling to a dealer and the coin buyer saves around 20% compared to buying from a dealer, simply because you’re both dealing together directly with 0% sales costs, no auction fees, no dealer margins, overheads or profit mark ups!
Whereas selling your silver coins directly yourself at SilverHubs – a fair price to ask for standard 1ounce silver bullion coins like the UK £2Pounds Britannia, 1oz 9999 Maple-Leafs or American silver Eagles etc would be spot plus 25 to 30% which equates to you receiving between £17.12 to £17.81 per 1 ounce coin. This would also be a fair asking price at which a private silver buyer, coin collector or investor would also be receiving very good value, that being a reasonable price saving compared to them buying the same coins from a dealer which at the time of this example would typically be asking around £20-£21 per 1oz silver bullion coin.
How can we get more for our silver coin collections than just the industry spot price? and how is this also an equally good deal for both the buyer and the seller?
In the above example;
As a silver coin seller you are simply bypassing the dealer and for just a little extra effort on your own part, you are selling your silver direct to the buyer yourself.
As a coin buyer you get to buy directly from a private seller which means you’re not having to pay an inflated premium to cover a dealers overheads, profit margins, or even worse the 20% vat which most UK coin dealers are having to charge you.
Simply saving the 20% vat and dealer mark-ups makes a substantially better deal for both buyer and seller!
Cut out the middle men and sell your silver coins directly at 0% re-sale fees using SilverHubs trusted feedback coin re-selling facilities.
Silver Coin Buyers
Who buys silver coins and pays the best fair trade prices?Selling silver coins without the auction fees to trusted buyers using CoinsUK – SilverHubs – free classifieds with NO FINAL SALES FEES!
Answer; small businesses, private collectors & Coin dealers who appreciate and specialise in silver coins
How to get the best price selling silver coins
- Photograph and compile a simple list detailing each coin, type, year, silver content, weight.
- Join our SilverHubs as a private silver coin seller
- Complete the fast e-mail verification
- Upload your coins for sale, fast and free, with zero sales commissions, i.e. there’s NO final value sale fees
- Existing CoinsUK & UKBritannia ebay customers can get their sales feedback verified and transferred
- Follow our easy sales guide to sell your coins direct to coin buyers for the fair trade prices
- Use a safe payment format like Paypal and do not despatch your silver coins until you have received payment in full from a verified buyer. Always use insured and tracked delivery services like UK Special delivery.
- Aim to place small silver trades first and build trust and confidence between buyer/seller + seek extra verification from other silver members, or SilverHubs – for re-assurance that you’re selling to honest, reputable coin buyers.
Our UK silver coin selling hubs enable you to deal directly buyer-to-seller and receive 100% of your coin selling price, paying zero commissions or individual sales fees.
Q. You might ask, Why did CoinsUK build and offer their free SilverHubs coin re-selling facilities!?
A. It’s because I understood as a fellow silver coin collector, that it was hard to find a trusted place to re-sell coins and bullion for a fair price, without having to pay dealers commissions and selling fees! Buying was free and easy, but for the re-sale – especially of silver bullion coins, us collectors just needed a simple to use, low cost solution and now we have it! @ SilverHubs free to use coin re-sale facility
SilverHubs provide you with all the tools you need to buy, sell and trade your own coins, silver and precious metals, fast and simple to use coin selling facilities with zero costs to sell each item, that’s 0%! sales fees free! to set up your own online coin selling shop!It’s like having your very own online coin selling shop! with 0% transaction fees to sell your coins!
Silver coin buyers benefit by following our ‘safe buyers guide’ as well as feedback ranked buyers and sellers to ensure that you deal with trusted verified coin sellers, in a fair trade manner, dealing directly with coin sellers who have been authenticated and have proven sales feedback. You are also free to use any payment format like Paypal if you’d like to add extra payment protection.
Silver coin sellers – complete our ‘trusted safe seller’ verification and sell your coins directly to cash buyers, use our free fair trade platform, enabling you to receive a fair retail price for your coins.
SilverHubs Silver sales classifieds, forums and Coin Sales Hubs
Meanwhile if you’d like to sell your coins for more than just spot silver price, get in touch with me directly for more information about ways to sell your silver coin collections.
Steve Hotson, CoinsUK SilverHubs
T: 07788 101144
email / contact