It’s time to clean out your cupboards for old silver cutlery, serving sets and chunky silver jewellery. Within just 2 weeks the silver prices have risen a whopping 11% to reach a 4 month-high, making now a very good time to sell.
The first thing to do is ensure your silver is solid silver.
The first thing to look for is stamped hallmarks. Beware of EPNS stamps, which stands for electro-plated nickel silver, containing copper, nickel and zinc – not silver. At Gold Smart we only purchase real sterling and fine silver, not EPNS or plated items.
Genuine silver items come with a crown, a lion, the number 925, among other marks stamped on them. Check out the image below for examples of silver stamps:
Now that you have separated out your genuine silver, give us a call on our toll free number at 0800 465 376 and we will be able to help you from there.
Take advantage of recent gains in the silver price and sell to Gold Smart today!