Selling silver may seem simple, but there are several factors that determine the true value of the pieces. Jewelry, watches, coins, decorative pieces or utensils can have very different prices depending on the purity of metal, the condition or even the associated historical interest. To avoid business below the fair, there are fundamental criteria that you should know before you go to a jewelery or antiquarian.
According to the National Mint Institute (INCM), the first step is to seek the evaluation of an accredited specialist, either in a contractor or with valid professional assessment laboratory. Still, it is useful to realize the points that are taken into account in this process.
Purity and quotation: two decisive factors
The value of silver is defined by the percentage of silver present in the metal league. The most common in goldsmiths are silver 925 (92.5% silver and 7.5% copper) and 950 silver (95% silver and 5% copper), both known as “silver of law”. The higher the purity, the higher the value of the part.
Bolsa quotation is another essential criterion. As ICM explains, silver is quoted daily and the value considered in the evaluation corresponds, as a rule, to the average of the day. This means that the price of the same piece may vary depending on market oscillations.
Contrast and rarity marks
The contrast brand confirms the authenticity and quality of the league. In the case of silver, it is represented by an eagle head: turned to the left when the legal touch is equal to or greater than 925 thousandths, and to the right when it is equal to or less than 835 thousandths.
Rare or historical parts are also more value. According to experts contacted by Expresso, documents such as purchase certificates, certificates or records that prove the origin can make a difference.
Conservation and search in the market
The state in which the piece is directly influenced the price. Risks, oxidation or bad storage conditions reduce the final value. On the contrary, well -preserved pieces, or created by recognized artisans, can be worth a lot more.
Another aspect not to ignore is demand. When a certain type of piece gains popularity, the price tends to rise. Thus, before selling, it should be seen the market trend for similar articles.
Where to sell silver?
With all the information gathered, it is time to choose where to sell. According to the jewelery and goldsmiths are frequent options, such as antique shops, which always look for pieces with historical or artistic value.
The important thing is to ensure that the evaluation respects the criteria described and that the buyer has credibility in the sector.
Selling silver is not just a matter of price, but knowledge. Knowing how to interpret brands, evaluate purity, understanding the quotation, and recognizing the historical or handcrafted interest of the pieces are fundamental steps to ensure that the business is fair and transparent.
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