Silver, the Forgotten Child of Precious Metals

                          Silver, the Forgotten Child  of Precious Metals

           

               In times of economic uncertainty, people often seek to protect their nest egg by investing in precious metals. Precious metals historically rise when the value of a fiat currency falls. In today's market, pre-1964 US junk silver coins like the 1964 silver quarter the twenty five cent piece, 1964 silver half fifty cent piece, 1964 silver dime ten cent piece and 1964 silver dollar hundred cent piece U.S.A these coins all contain 90% silver provide an affordable and liquid silver investment opportunity.

               While gold and platinum are the superstars of jewelry for sale, Sterling silver should not be ignored. Sterling silver is 92.5 percent pure silver, with the remaining fraction made up of other metals, like copper.It's understandable how clientelle overlook Sterling. The spot market price of gold today is at $1616.90/ounce and Platinum is at $1,414.00/ounce. Silver seems poor by comparison, at just $25.37/ounce. However, don’t be mislead. If you have a large amount of Sterling, such as a service for 12, it represents many, many ounces that can be converted to much-needed fast cash. It is an excellent example of why a seller’s Sterling Silver flatware which, if a seller is like most of us, only comes out on special occasions, can represent a sizeable cash payout. Don't be mislead into overlooking your Sterling.

          Here at Suffolk Gold Buyers in Northport, webuy all kinds of Sterling silver regardless of age, condition or place of manufacture.We are not interested in the quality or design of the silver pieces, only in their purity.  Our company is three generations old and has the means to pay the highest-possible percentage of actual value based upon the spot price at the time.   If it is an antique or estate piece we can assess the value for you also.

           Also, Sterling Silver is present in many coins and jewelry as well. Coins pre-dating 1964 contain 90% silver which were used as money until the mid-1960s, serve both as an investment medium and could be used as "survival" coins should our monetary system fail as many people fear. Because they were circulated coins, they can still be used as currency in a survival situation, saved to reap the benefits of a rise in silver price, or used as a hedge against inflation. Although coin collectors call them "junk" coins, they are far from what the nick name may imply. Junk silver coins are good investment in our mind.