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<p>[QUOTE="-jeffB, post: 8088543, member: 27832"]I found that I got the best results by going to a local coin <i>show</i>, where there were a number of dealers buying. When they're competing directly in the same room, the offers tend to be stronger. At the last show (last month), I was able to sell some rolls of dimes, quarters and halves <i>above</i> spot. Most dealers pay cash.</p><p><br /></p><p>You can get higher prices on eBay, but after fees and shipping, you're no further ahead, and often behind. And there's always the risk of a squirrelly or outright fraudulent buyer.</p><p><br /></p><p>If you have a large volume of silver, you might do better selling directly to an online dealer like APMEX or JM Bullion. They typically have a minimum purchase amount of $1000 or so (actual value, not face value). They'll pay with a check or wire transfer, I think.</p><p><br /></p><p>You will of course owe taxes on whatever profit you make. If you haven't kept careful records of what you paid for each item, that may be an argument in favor of cash transactions. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 8088543, member: 27832"]I found that I got the best results by going to a local coin [I]show[/I], where there were a number of dealers buying. When they're competing directly in the same room, the offers tend to be stronger. At the last show (last month), I was able to sell some rolls of dimes, quarters and halves [I]above[/I] spot. Most dealers pay cash. You can get higher prices on eBay, but after fees and shipping, you're no further ahead, and often behind. And there's always the risk of a squirrelly or outright fraudulent buyer. If you have a large volume of silver, you might do better selling directly to an online dealer like APMEX or JM Bullion. They typically have a minimum purchase amount of $1000 or so (actual value, not face value). They'll pay with a check or wire transfer, I think. You will of course owe taxes on whatever profit you make. If you haven't kept careful records of what you paid for each item, that may be an argument in favor of cash transactions. ;)[/QUOTE]
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