Wanting To Sell Full Collection Of Silver

Same here....probably did 60-70 deals involving coins using Craigslist (buying and selling) and all went smoothly. Have done quite a few more using that, Facebook marketplace, and Armslist (for firearms/ammo) that all went well. I do take an abundance of caution with these deals due to the nature of the goods being exchanged and due to these all being cash deal.

There's no perfect way to sell, but ebay to me seems like the least enticing option between LCS, local sale with Craigslist or Facebook marketplace, and ebay.

Very true hfjacinto. Always do these deals in a public place during daylight hours. I have used a bank, library, post office lobby, restaurant, etc. I also have an email account that is very non-descript with a fake name and use a burner phone number. After the deal is done, I do not go directly home instead making multiple random stops while keeping an eye out to ensure I am not being followed home. Better safe than sorry.

Sell your silver? If you decide you want back in that same silver will cost you $4.99 over spot. If you need money pawn it and buy your own silver back. unless you bought at 18 bucks breaking even is the best you will do. That 30 ounces may or may not be a big deal if things keep going crazy. that 30 ounces is never dead money... maybe sleeping but its yours its tangible and its real. My take is this might be a bad time selling your stack...think it over. Another bank the 4th in 2 months is tanking and the media is barely covering it, the debt ceiling hits June 1st and I could go on about the feds reported 7% inflation ( ha its 15% everyone knows it). These are crazy times to be selling your stack.

I think it depends on your needs. In the near future there is a lot of uncertainty in the market. I think the Fed will raise rates again which will be bad for PMs in the short term (Powell has painted himself into a corner). Of course, that could create more bank issues which would drive PMs up. So, looking into my crystal ball, based on the environment today, I see short term PM prices falling but long term I remail very bullish (by year end).

Off-topic note that may save some of you a bit of pain:


The sap of Impatiens / jewel weed / touch-me-not will relieve the pain of stinging nettles, and it is almost always found nearby.

Yes, you may gross the highest amount but it might not be the highest net amount. After ebay and Paypal fees and the possible tax hit, it may not net out to be more. And don't forget the possibility to get scammed or the very favorable return policies that favor the buyer. If the spot price tanks in under 6 months, the buyer can ask for a return no questions asked (unless the return policy changed). I am aware there may be tax implications depending on what you sell and what state the transaction occurs. There are pros and cons to any of the methods already described in this thread, but making a blanket statement like this may end up with a transaction being less than ideal for some.

Good to know. So if we take the 15% right off the top, ebay is taking $150 for themselves on a $1k sale? Ouch. That alone would give me pause, but the $600 reporting requirement, potential for lost packages or buyers scamming you and it makes it an easy decision to look at other options.

Find someone like me on CL or Marketplace ... I'll pay spot all day ! - Best of Luck