Honest place to take silver in Nashville area?

[Steelharp]

Any of y'all know of a place to sell silver/gold in the area that will give a fair price?

[Dennis1209]

Just a little advice as you select a place to sell your silver.

My first advice would be to hang on to it if you can. In these times it's financial insurance. Most people have home owners, medical, life and auto insurance, silver is your financial insurance.

Unfortunately, I cashed out mine about four years ago to buy my retirement property. I tripled my investment in only a five year period.

A precious metals dealer, coin shop, jewelry store, pawn shop, etc. has to make a reasonable profit dealing in the metals market to stay in business, I've found that reasonable percentage to be 7%.above or below spot price.

I always went to a common real time spot price dealer like www.kitco.com and printed out the current spot price, went to my local precious metal dealer and bought or sold at a 7% difference. Prices can change dramatically from minute to minute, so when you get a quote of what your dealer will sell / buy for, and there is a substantial difference, ask to see his current price list or his current computer spot price for verification. If he becomes offended or hee haw's around, be suspicious.

Hope this helps.

[Volzfan]

I took mine to The Coin Purse in Green Hills. Got some more to take in tomorrow.

http://coinpurse.com/location.php

[JeffsSig]

Um right here in the classifieds .

Im always buying

Edited August 29, 2012 by JeffsSig