Los Angeles, CA –While gold and platinum are still the superstars of jewelry for sale, today, silver should not be ignored. The spot market price of gold is currently at $1,898.10/ounce and Platinum is at $1,901/ounce. Silver seems poor by comparison, at just $43.72/ounce. However, don’t be fooled by this price differential. If you have a large amount of silver, such as a flatware service for 12, it represents many, many Troy ounces that can be turned into immediate cash.
According to Joe Montes, president, “Here is a typical example of why a seller’s silver flatware which, if that seller is like most of us, only comes out on special occasions, can represent quite a sizeable cash payday.
Now, let’s think about a seller who wishes to cash in on their silver flatware service for 12. The total weight of the individual pieces in the service is 3,800 grams, which equals 122.17 Troy Ounces. If you multiply 122.17 X $43.72/ounce, the total actual silver value of this service is $5,341.27. Now, if you assume a payout of around 70%, selling this service to Cash for Gold Co would bring a cash payout of $3,738.88. That’s a good payday from the least valuable of the precious metals when you really need the cash now.”
Montes added, “This is just one example of one silver service and it doesn’t include any heavy serving pieces. Some may be heavier, some lighter, but all are valuable. Furthermore, many people also have other heavy pieces like an antique tea set with a tray, pitchers and bowls. As long as they are silver and not just silver plated, they’re worth a considerable sum at today’s record price. Here is the reason why RIGHT NOW is an excellent time to sell your rarely-used silver:
The difference between the price between the high in August, 2010 and today’s close at $43.72/ounce is $25.73/ounce. Over time, the price has steadily risen, so now is a good time to bring in that much needed cash because there are no guarantees that the price will keep rising.”
Cash for Gold Co buys all kinds of silver regardless of age, condition or place of manufacture. The company pays sellers “the highest-possible percentage of actual value based upon assay and the current spot market price at that time”. Cash for Gold Co is also anxious to buy gold and platinum jewelry which will also bring a very-high cash payout at today’s high market prices.
For more information visit the company’s website at:
FOR MORE INFORMATION:
CASH FOR SILVER CO
Joe Montes, President
Telephone: 1-(888) 544-6532