Selling silver

Batman2017

Hi,

Sorry if this isn’t the right place to put this. I’m looking to sell my sterling silver men’s chain. It weighs 91 g. I’ve been offered £21 from a website to buy it. Does anybody have any idea if this is the best way to sell it or am I getting shortchanged.?

Thanks

Pun

Get a couple of valuations, including one from a local jeweller if possible, to give you an idea of who is offering the best price.

shaun_from_Africa

The approximate buying price for small quantities of scrap Sterling silver is about 25p to 26p per gram so yours is worth around £22 to £23.
You may get more selling it as a piece of jewellery on ebay but then again you may not.

Tiddlywinks

That's scrap value which will always be way lower than retail. How about trying to sell it on a local Facebook selling group?

hollydays

If it’s pretty you could get more if you aren’t in a hurry.

Batman2017

Thanks all for the replies. Its showing some signs of wear and tear so i'd be suprised if somebody on facebook wanted it but i guess it couldn't hurt to try.