Is eBay a good place to sell silver?

Is eBay a good place to sell silver?

If you are planning to sell your gold and silver bullion on eBay, consider the following facts. The auction can end at a much lesser amount than you want for your product due to the inconsistency. It may take a long time to sell your product. eBay fees may take up to 12\% charges which are pretty high.

What percentage does eBay take bullion?

If you don’t have a Store subscription and eBay manages your payments

Category Final value fee \% + $0.30 per order
Coins & Paper Money > Bullion 12.35\% if total amount of the sale is $7,500 or less (calculated per item) 7\% if total amount of the sale is over $7,500 (calculated per item)
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How do I get the best price for selling silver?

To get the most money for your silver, you should sell it when demand, and prices, are at their highest. That said, if you have silver jewelry or flatware that you do not use or enjoy, selling it now for cash is better than those items cluttering your drawers.

Does eBay end coin sales?

Auction site eBay has not eliminated coins and numismatic memorabilia from items that sellers can offer for sale over the online platform. Until then, there is no action required and sellers can continue to sell on eBay as they do today.” …

Why can’t I sell silver bullion on eBay?

Replica or counterfeit bullion can’t be sold on eBay. We want our members to buy with confidence, so there are rules when selling bullion items on eBay.

Can I sell precious metals on eBay?

eBay is partnering with third-party experts to allow eBay users to sell precious metals via the eBay platform (collectively known as “the Buyback Program”). These terms govern the use and participation in the Buyback Program.

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Can silver sell online?

You need to log on to our online portal at Gold and Silver buyer near me. All you need to know in advance the correct specifications of the assets you want to trade online. This is important because you need to upload the said details on the portal on the basis of which we provide the desired quote.

Has eBay stopped selling fees 2021?

Starting April 1, 2021, we’ll take the next step along our journey to reducing upfront insertion fees by giving sellers even more zero insertion fee listings when eBay manages your payments. This will further reduce the upfront listing cost and help you bring all your inventory to eBay.

Can you sell silver bars on eBay?

Replica or counterfeit bullion can’t be sold on eBay. Listings for all other bullion must follow our policy.

Where can I Sell my Silver for the most money?

7. Sell your silver on eBay or at an auction to see how high the bids will go. Online auctions, such as eBay, as well as live auctions have the potential to be great selling options — there’s a wide audience, and your silver could sell for a high price due to multiple bids.

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Should I Sell my Silver at an auction?

Online auctions, such as eBay, as well as live auctions have the potential to be great selling options — there’s a wide audience, and your silver could sell for a high price due to multiple bids. However, there’s always the possibility that it could undersell during an auction as well.

How to choose the right silver bullion for You?

As you choose the silver bullion thats a fit for your needs, you should be aware of a few specific considerations, such as whether the bullion has been certified by agencies such as PCGS or NGC, what the actual precious metal content in the bullion is, and the branding of the bullion.

eBay is partnering with third-party experts to allow eBay users to sell precious metals via the eBay platform (collectively known as “the Buyback Program”). These terms govern the use and participation in the Buyback Program.