scroll top

Where to sell sterling silver “near me” and online for the most money

We get commissions for purchases made through links in this post. Here's more on how we make money.

Sterling silver is an alloyed form of silver, meaning it combines pure silver with other metals like copper or nickel. As such, sterling silver is more durable than pure silver and therefore more suitable for making silver jewelry and flatware, among other items.

Just as you can sell pure silver in the form of bullion and coins, you can make money when you sell sterling silver jewelry, coins, silverware, tableware and other items you no longer want. 

Uncertainty surrounding the Russia-Ukraine conflict has investors turning to safe-haven metal investments like gold and silver, driving up prices.

As of , the silver resale value in the United States was at $ per ounce, or $ per gram.

In other words, it’s a great time to sell sterling silver, which is worth 92.5% of the silver spot price — that is, the current price in the marketplace at which silver can be bought or sold. 

Our No. 1 recommendation for selling any silver is CashforSilverUSA, the parent company of which has an A+ Better Business Bureau rating, pays within 24 hours, and was found by our investigation to pay the most for jewelry sent via their FedEx or USPS mailers.

Get a free quote with CashforSilverUSA's online calculator now >>

Where to sell sterling silver online

It is easy to sell sterling silver online, whether you have sterling silver jewelry, sterling silver flatware or other items.

Our top recommendation for selling sterling silver is CashforSilverUSA.com because:

  • A+ Better Business Bureau rating
  • Will buy any weight or size of silver, gold, diamond, gemstones, fine watches and jewelry
  • Guaranteed highest price
  • Payouts within 24 hours
  • 100% free shipping via FedEx
  • Insurance up to $5,000
  • Free returns on your items if you decide not to sell
  • 10% bonus if you send in your item within 7 days

Here is a recent sterling silver payout on CashforSilver.com:

Sterling silver flatware sale on CashforSilverUSA.

Other top online sterling silver buyers:

  • Silver silver buyer: PGS Gold & Coin
  • Silver silver buyer: reDollar.com
  • Silver silver buyer: Express Gold Cash

Here's what else you might want to know before selling sterling silver:

Where to sell sterling silver “near me”

It’s easy enough to search Google for where to sell sterling silver “near me,”

but you probably won’t get the most money possible for your sterling silver items with any of those results.

Your search will likely bring up a list of local pawn shops, which will typically only pay you about half the value of your silver, at most. 

If you do find a local silver exchange, you’re unlikely to get as much for your sterling silver as you would from a top online sterling silver buyer like CashforSilverUSA.com — sister site of top-rated CashforGoldUSA. That’s because local sterling silver exchanges don’t have as much competition and aren’t incentivized to pay you what your sterling silver necklace, earrings, and other jewelry or flatware are worth. 

Online sterling silver buyers serve a national market and face competition from other national buyers, which puts pressure on them to pay you top dollar for your sterling silver jewelry or flatware. 

Is there a difference between sterling silver and 925 silver?

Sterling silver and 925 silver are the same thing. 

Sterling silver is an alloy of 92.5% silver and 7.5% metal alloy — typically copper. A 925 stamp on silver denotes its purity as sterling silver. The United States and most of the world follow the standard of 92.5%, though France and some other countries have a standard of 95%, or 950 silver. 

How can you tell if you have 925 sterling silver?

  • Sterling silver jewelry, coins, flatware or other items will be stamped with “925” (or, occasionally, “950”).
  • Silver is not magnetic, so if your piece is attracted to a magnet, it is fake.
  • Weigh your item against one of similar size you know to be 925 sterling silver — they should weigh the same.
  • Does it tarnish as silver does?
  • As silver has the highest thermal conductivity of any metal, it will quickly melt a piece of ice.
  • Silver never rusts.
  • Good sterling silver jewelry will not turn your skin green.
  • Typically, an intricate piece of jewelry or serving ware is made of sterling silver since it is soft enough to be carved into an elaborate design. 
  • 925 sterling will tarnish, and when rubbed with a white cleaning cloth, black residue will show on the cloth.
  • Sterling silver will weigh approximately the same as another piece of 925 sterling if you compare the two.

What is the price of sterling silver?

On March 8, 2022, Kitco silver prices closed at $26.390 per ounce, or $0.85 per gram. This represents a 17.23% increase in price over the course of the last 30 days, and a 5.05% increase in price over the past 12 months.

Because it is made up of 92.5% silver, sterling silver is worth about $24.41 as of March 8, 2022.

How much do pawn shops pay for sterling silver?

As a rule of thumb, pawn shops will usually pay around 50% of the resale value of an item. That means that if a pawn shop can sell your silver for $100, they will pay you $50 or less. While this can get you cash fast, you will usually find much better deals through online silver buyers, who often pay within a few days. CashforSilverUSA pays within 24 hours.

Where can I sell my sterling silver Pandora bracelet?

Currently, Pandora does not have a buyback program. If you have an old sterling silver Pandora bracelet or charms that you no longer want, you can sell them in the same ways that you might sell any other silver. Pawn shops, jewelry stores, and online silver buyers will all accept your Pandora items. 

Learn more about selling bracelets

Is it a good time to sell sterling silver?

Sterling silver prices are on the rise amid the conflict between Russia and Ukraine. Investors are increasingly turning to safe investments like silver, gold, platinum, and other fine metals, driving up prices. That means it’s a great time to sell sterling silver. 

The price of silver peaked at $49.45 per ounce back in 1980 and came close to that number again during the Great Recession of 2007-2009. The price of silver is currently higher than it has been throughout most of its history, even if it is not at its peak.

It’s important to remember that timing the exact top or bottom of any market is difficult, if not impossible. That means that there’s always the possibility that you could sell your silver today, only for the price to spike tomorrow. At the same time, you could sell it today only for the price to drop tomorrow. 

Is selling sterling silver for scrap worth it?

If you have sterling silver jewelry, sterling silver flatware, or other pieces that you bought or inherited but no longer want, it’s absolutely worth it to sell your sterling silver for scrap to a reputable online buyer like CashforSilverUSA

Selling your unwanted sterling silver items for their raw value will typically net you more money than selling them to a pawn shop, which will likely just turn around and sell your items for scrap to make a profit. 

What else you should know about selling sterling silver

How much is sterling silver worth?

Sterling silver is marked as 925 silver when it contains 92.5% silver, combined with another metal — typically copper. Since 925 silver contains 92.5% silver, it is worth 92.5% of the silver spot price.

Is it worth it to sell sterling silver? 

Yes! Since your sterling silver items can still be worth quite a bit of money, and are certainly worth selling. What’s the alternative — holding onto it and letting it clutter up your house? 

What else you should know about 925 sterling silver

Is 925 sterling silver real silver? 

Sterling 925 silver is very real and desirable.

Is 925 silver good quality?

Sterling 925 silver is in fact one of the highest-quality silvers you can find.

Does 925 sterling silver tarnish?

925 sterling silver will tarnish but can be easily cleaned with a polishing cloth. However, sterling silver will never rust.

How much is 925 silver worth?

On March 8, 2022, Kitco silver prices closed at $26.390 per ounce, or $0.85 per gram. This represents a 17.23% increase in price over the course of the last 30 days, and a 5.05% increase in price over the past 12 months.

Because 925 silver is made up of 92.5% silver, the price for 925 silver is worth about $24.41 as of March 8, 2022. 

FAQs about sterling silver

What is the difference between silver and sterling silver?

Sterling silver is an alloy of 92.5% silver and 7.5% of another metal — typically copper — that increases its durability for use in items like flatware and sterling silver jewelry. 

Can sterling silver be sold for scrap?

Yes! Sterling silver can be sold for scrap. Since sterling silver contains 92.5% silver, it is worth 92.5% of the silver spot price. 

What is the value of scrap sterling silver?

Sterling silver scrap is worth 92.5% as much as pure silver, since that is how much pure silver sterling silver contains. 

To find out how much your sterling silver is worth, you will need to do a simple calculation:

  1. Find the weight of your sterling silver in ounces
  2. Multiply that weight by .925 to determine how much pure silver you have
  3. Multiply that number by the current price of pure silver (in ounces)

Bottom line: Best place to sell sterling silver

Ultimately, the best place to sell unwanted sterling silver is where you’ll get the most money for it. CashforSilverUSA is our top choice, for a few reasons:

  • CashforSilverUSA pays within 24 hours
  • BBB A+ rating
  • Will take all your silver, gold, watches, jewelry, diamonds and more
  • Price match guarantee
  • Free return guarantee
  • 10% bonus if you ship within 7 days
  • Found by a Fox Business News investigation to pay 3X more than competitors

Get a free quote from CashforSilverUSA now >>

Is there a difference between sterling silver and 925 silver?

Sterling silver and 925 silver are the same thing.

How can you tell if you have 925 sterling silver?

Sterling silver jewelry, coins, flatware or other items will be stamped with “925” (or, occasionally, “950”).

What is the price of sterling silver?

On March 8, 2022, Kitco silver prices closed at $26.390 per ounce, or $0.85 per gram. 

How much do pawn shops pay for sterling silver?

As a rule of thumb, pawn shops will usually pay around 50% of the resale value of an item.

Where can I sell my sterling silver Pandora bracelet?

Currently, Pandora does not have a buyback program. If you have an old sterling silver Pandora bracelet or charms that you no longer want, you can sell them in the same ways that you might sell any other silver. Pawn shops, jewelry stores, and online silver buyers will all accept your Pandora items.

Is it a good time to sell sterling silver?

Sterling silver prices are on the rise amid the conflict between Russia and Ukraine. Investors are increasingly turning to safe investments like silver, gold, platinum, and other fine metals, driving up prices. That means it’s a great time to sell sterling silver.

Is selling sterling silver for scrap worth it?

If you have sterling silver jewelry, sterling silver flatware, or other pieces that you bought or inherited but no longer want, it’s absolutely worth it to sell your sterling silver for scrap to a reputable online buyer like CashforSilverUSA.

How much is sterling silver worth?

Since 925 silver contains 92.5% silver, it is worth 92.5% of the silver spot price.

Is it worth it to sell sterling silver?

Yes! Since your sterling silver items can still be worth quite a bit of money, and are certainly worth selling.

Is 925 sterling silver real silver?

Sterling 925 silver is very real and desirable.

Is 925 silver good quality?

Sterling 925 silver is in fact one of the highest-quality silvers you can find.

Does 925 sterling silver tarnish?

925 sterling silver will tarnish but can be easily cleaned with a polishing cloth. However, sterling silver will never rust.

Can sterling silver be sold for scrap?

Yes! Sterling silver can be sold for scrap. Since sterling silver contains 92.5% silver, it is worth 92.5% of the silver spot price.

Wealthysinglemommy.com founder Emma Johnson is an award-winning business journalist, activist, author and expert. A former Associated Press reporter and MSN Money columnist, Emma has appeared on CNBC, New York Times, Wall Street Journal, NPR, TIME, The Doctors, Elle, O, The Oprah Magazine. Winner of Parents magazine’s “Best of the Web” and a New York Observer “Most Eligible New Yorker," her #1 bestseller, The Kickass Single Mom (Penguin), was a New York Post Must Read. As an expert on divorce and gender, Emma presented at the United Nations Summit for Gender Equality and multiple state legislature hearings. More about Emma's credentials.

One Comment

Leave a Reply

Your email address will not be published.