My Gold Buyer has been in dealing with precious metals since 2009. You can always trust us to help you especially when we are dealing with gold, silver or platinum. So if you are interested, you should continue reading this article.
Basics Pricing – Silver Buying is one of the services that we offer to the general public in San Bruno, CA. You have to understand that some items that are made from silver are more expensive because someone wants them and is willing to buy it for the price that you are asking for. This will happen if you have some rare artifact. One good example is the 1965 US silver coin. Sellers can ask for more than its face value. But if it is not the case, you would have to rely on the world spot price.
Industrial Use – We have noticed that there is an upward trend on the uses of silver. Manufacturers from the medical, electronics, food processing, water treatment, and wood preservation industries rely heavily on silver. But the list does not end there since this list can go on and on. Just imagine that the market now offers silver-laced hairbrushes and makeup applicators. You should consider that the silver produced all over the world is way lesser than what is demanded. So scrap silver makes up for the difference because there is not enough silver being produced. With this in mind, you should cash in your silver especially if you are not using them.
Steady Climb – The demand for this precious metal in the 1970s was only a fraction of its demand in today’s market. There might be no actual study to prove this. But if you just look at the numbers, you will notice that there is an upward trend.