Category: Silver Coins

Best Guide: Find a Reliable Silver Coin Buyer
Silver coins hold not only monetary value, but also historical and sentimental significance for collectors and investors. When it comes to selling your silver coins, finding a trustworthy and reliable silver coin buyer is crucial.

Whether you’re a collector looking to downsize your collection or an investor seeking to capitalize on the current market value, navigating the landscape of silver coin buyers can be overwhelming. With numerous options available, it can be challenging to navigate the market and identify the best buyer who offers fair prices and a seamless selling experience. Here we help you with the key factors to consider when searching for a silver coin buyer, ensuring you make an informed decision and achieve a successful transaction.

The Difference Between Buying and Selling – Lambert Pawn

There is a difference between buying and selling a prized possession or part of your collection. If you have a sentimental attachment to the silver coins, want to liquidate for quick cash, pawning may be the best option. If you just need cash and have no desire to hang onto your items, selling may be a better option. Lambert Pawn located in Whittier, CA can help with all your pawning, buying, and selling needs.

Pawning or Selling Silver Coins

Silver coins hold not only intrinsic value but also historical and sentimental significance. Therefore, it’s crucial to entrust their sale to a reputable silver buyer with a proven track record. In your search for the best silver coin buyer, consider factors such as reputation, credentials, and transparency. Look for buyers who have been in the industry for a significant period, with positive reviews and testimonials from previous customers.

Moreover, explore whether they hold relevant certifications or memberships in reputable organizations such as the Professional Numismatists Guild (PNG) or the American Numismatic Association (ANA). These credentials often indicate a commitment to ethical business practices and a higher level of expertise. By carefully assessing the reputation and credentials of potential buyers, you can ensure a reliable and trustworthy transaction for your silver coins.

In this detailed guide, we will explore you with the knowledge and tools necessary to identify the most reliable silver coin buyer, ensuring a secure and satisfactory selling experience.
- Reputation and Credentials:
The first step in finding the best silver coin buyer is to assess their reputation and credentials. Look for buyers who have been in the industry for a significant period and have established a positive track record. Check online reviews, testimonials, and ratings from previous customers to gauge their reliability and trustworthiness.

Additionally, consider whether the buyer holds relevant certifications or memberships in reputable organizations such as the Professional Numismatists Guild (PNG) or the American Numismatic Association (ANA). These affiliations often indicate a commitment to ethical business practices and a higher level of expertise.
- Transparent Pricing and Fair Market Value:
A reputable silver coin buyer will provide transparent pricing and offer fair market value for your coins. Avoid buyers who try to undervalue or pressure you into selling below market rates. Educate yourself about the current market value of silver coins by researching recent sales and consulting trusted price guides. This knowledge will empower you to negotiate confidently and identify competitive offers.
- Secure Transactions and Insurance:
Security should be a top priority when choosing a silver coin buyer. Look for buyers who prioritize secure transactions and offer insurance coverage. A professional buyer should have established protocols in place to protect your coins during transportation and storage. Inquire about their insurance policies and confirm that your coins will be fully covered against loss, damage, or theft.
- Flexible Selling Options:
Consider whether the buyer offers flexible selling options that suit your preferences. Some buyers may only operate through physical locations, while others provide online platforms or even mobile app services. Opt for a buyer that aligns with your convenience and provides a hassle-free selling experience.
- Expertise and Knowledge:
A knowledgeable buyer with expertise in silver coins will not only offer fair prices but also provide valuable insights and guidance. They should be well-versed in assessing the condition, rarity, and historical significance of various coins. Engage with potential buyers and assess their willingness to share information and answer your questions. A trustworthy buyer will be patient, respectful, and willing to educate you about the market.

How To Sell To Silver Coin Buyers?

When it comes to selling to silver coin buyers, it’s important to follow a structured process to ensure a successful transaction. By taking a few key steps, you can effectively sell your silver coins to buyers while obtaining fair value for your precious collectibles. From gathering accurate information to finalizing the transaction, let’s explore the essential steps to guide you through the process of selling your silver coins.
- Gather accurate information about your silver coins, including type, year of minting, and condition.
- Research the current market value to determine a fair selling price.
- Contact potential buyers, providing detailed descriptions and clear photographs of your coins. Many pawn shops like Lambert Pawn accept photos and descriptions, so you can get a quote, saving you time and travel.
- Compare offers from different buyers to ensure you get the best value for your coins.
- Finalize the transaction by agreeing on the price, payment method, and shipping arrangements.
- Remember to decide if you need insurance if you are mailing your coins to the buyer.
- Safely package your coins for shipment, ensuring proper insurance and tracking.
- Verify the authenticity of payment upon receipt, and notify the buyer.
- Keep records of the transaction for future reference.
Selling your silver coins is an important decision that requires careful consideration. By following the guidelines outlined in this comprehensive guide, you can confidently navigate the process and find the best silver coin buyer. Remember to prioritize reputation, transparent pricing, secure transactions, and expertise when evaluating potential buyers.

Taking the time to research and compare different options will help you ensure a successful and rewarding selling experience. With the right buyer, you can confidently sell your silver coins, knowing that you will receive fair value and professional service.

Discover a reliable solution for your short-term cash needs at Lambert Pawn. As a full-service pawn shop with a team of dedicated professionals, we provide fast and courteous assistance. With over 25 years of combined experience, we offer flexible lending options, striving to provide you with the maximum value for your valuable items.

Our services include pawn loans, buying, selling, and trading a wide range of items, such as gold jewelry, platinum, silver, diamonds, precious stones, electronics, firearms, musical instruments, tools, and more. You can even initiate the process from the comfort of your home by emailing us a picture and description of the item you wish to pawn, sell, or trade. We’ll promptly provide you with a quote, ensuring a hassle-free experience.

We are open six days a week to serve you better. If you have any questions, please contact us via phone, email, or visit our store. At Lambert Pawn, our top priority is finding the best solution for your cash needs, and we’re committed to working hard to achieve that. Email us today for a quick appraisal or visit our conveniently located shop at 14158 Lambert Rd, Whittier, CA 90605, near the intersection of Lambert Road and Gunn.
May 25, 2023
Are Pawn Shops Trusted Silver Buyers?

Are Pawn Shops Trusted Silver Buyers?

Lambert Pawn is a full-service California licensed pawn shop located in the beautiful city of Whittier, CA. The pawn shop staff is committed to helping with money needs in a fast and courteous manner. With over 25 years combined experience as pawnbrokers, they have the flexibility to lend you the maximum dollar amount possible on almost anything of value.
Lambert Pawn provides convenient solutions for short-term cash. They loan, buy, sell, and trade on items including gold jewelry, platinum and silver, diamonds, and precious stones. They accept electronics, musical instruments and tools.

Instant Cash For Your Silver
If you are wondering where to sell silver near you, wonder no more, Lambert Pawn is the place to shop. Silver is a precious metal that is more affordable than gold. Silver prices continue to fluctuate in an upward trend. Silver can be sold outright or pawned.
Pawning Silver
Lambert Pawn works with each customer to get them the cash they need. They have low interest rates, and write short-term cash loans for 4+ months.

The Process
When you decide to bring your silver coins, sterling silver, silver jewelry, silver bullion, silver flatware, antique silver, junk silver coins, silver earrings, silver bracelets, scrap silver, and other silver items into Lambert Pawn, they test your silver for you.

Silver Purities
Silver comes in many purities, which is the content of silver compared to other metals. Generally, silver is found in purities of 925 (92.5%), .950 (95%), and.999 (99%).
The purity of silver is expressed in parts per thousands. There are 999, 925, 900, and 800 silver purities. Most silver will have a hallmark (marking) that says what purity it is. For example, if a silver piece is marked 999 this means it is made of 99.9% pure silver.
The purer the silver, the softer and more pliable it is. Sterling silver is used in jewelry because it is more durable and has 92.5% silver.
Silver is used in coins, jewelry, silverware, and medical, industrial, and electrical industries.
Some silver products have collectible value, in addition to its spot value.

Spot Price of Silver
The spot price of silver is the price that one ounce of silver would sell for immediately on the market. The prices ebbs and flows and is affected by current events, the stock market, what’s happening in the world, and market conditions.
The spot price of silver is based on the highest purity of silver. The spot price is per to ounce.
Gold and silver are sold by spot price, as are other precious metals.
To determine the value and the weight of the silver is calculated in troy ounces, and then the spot price multiplies that weight. This gives you the total silver value. Some shops and silver buyers add a premium, which is the cost of doing business like melting, cleaning, etc.

The Place to Sell Silver
Lambert Pawn is the place to sell silver if you need fast cash. Unlike online silver buyers, you can watch the process of testing and valuing your silver or other precious metals. If you have a question about the offer, the pawn broker will talk with you about how they came up with the amount.
There are different places to sell silver, but there is something about doing business in person. Lambert Pawn is one of the in-person buyers you can trust. You want to get as much money as possible for your silver, gold, and precious metals, and they understand this.
A lot of their customers come in to see them to find out what is silver worth now and how they can get the most money. If you are selling silver jewelry or selling silver coins, antique silver, or sterling silver, Lambert Pawn Shop can help.

The Place to Buy Silver
There are places to buy silver, like online dealers and eBay. On eBay, sellers can set their asking price, as well as provide a description and photos. But you can’t feel, touch, and experience the silver to ensure you get what you want to purchase.
Online auction websites, and online silver buyers, provide a description and photos of what they are selling. The online auction house sells to the highest bidder. Again, everything is done online, so you can’t experience the precious metal.
Buying silver from Lambert Pawn Shop can be done through their online shop, but come in and see them and experience the precious metal. This will provide you with confidence in your purchase. They have silver bullion, silver coins, silver jewelry, and other silver items for sale.
If you are looking to buy, sell, or pawn gold coins, they can help. They are the areas experts and experienced gold buyers.

January 30, 2023
Where is there a Pawn Shop Near Me That Buys Silver?
Where is there a Pawn Shop Near Me That Buys Silver?

Facts About Silver
Silver is a shiny, soft, gray metal. It is an excellent conductor and heat and electricity flows through it. When silver comes in contact with air, it will tarnish. Tarnished silver will have a black coating, but it is easily cleaned.
It is believed that silver has been around and used for over 5,000 years. Silver is found under the ground in mines. Silver is mined in Peru, Poland, Norway, Canada, and the United States. Mexico has the most significant annual production.
Silver has two primary assets in the U.S. and Mexico: the Cosala operation in Mexico, including the San Rafael mine, and the Galena Complex in Idaho.
Most people agree when comparing gold to silver; gold as a precious metal is rare, but it is mainly mined above ground. On the other hand, silver mines are above ground, and the number of silver mines is fewer than gold mines.
Silver is found in an alloy called electrum, and can also be found alongside lead, copper, and zinc ores.

Mining Silver?
According to Global X, silver is mined through open pit and underground methods. The open-pit process involves using heavy machinery to mine deposits at or slightly below ground level. In underground mining, deep shafts are dug to extract the ore, and the ore is first crushed and separated to achieve higher mineral concentrations. Only 28% of silver comes from mining activities, where silver is the primary source of revenue.

Luxury goods like jewelry, tableware and fine art are all made of silver. There are also industrial uses for silver. It’s highly conductivity and sensitive to light. It is used in solar panels, LED lighting, and cellular technology, to list a few. Because of its wide variety of uses, it may be irreplaceable even if the price continues to go up.

The value of silver has continued to go up and down, with a tendency to see higher and higher prices for each ounce of silver sold. 2023 will bring changes in the spot price of silver. Based on the spot price of silver, pawnshops and other metals buyers continue to offer services to buy silver. Silver isn’t gold, but it is undoubtedly worth money. You may not get as much money for silver compared to if you were selling gold, but silver can’t be overlooked.

There are silver coins, silver, bullion, and silver jewelry that you can liquidate to get quick cash.

“Junk silver coins” can also be liquidated for cash. These coins were minted before 1965 and used as money in the United States. Junk silver coins are common and have no collector value. They are 90% silver, and these “junk silver coins” have no Numismatic value.
What is Numismatic Value?
The numismatic value is the price you can reasonably expect to receive if you sell the coin on the fair market. The coin can be circulated, uncirculated, or a proof coin from a collection. Market value is based on the scarcity, condition, and demand of the coin.
Rare coins for coin collectors bring a higher price than common coins, and coin shops sell rare coins for a premium.
What Is Your Pre – 1964 Coin Worth?
Coins would be 90% silver if minted in the U.S. before 1964. Because of the silver content, there is a difference between the face value and the silver content value.
For instance, the 1932-1964 Washington Quarter is a .25 piece. Face value is .25, and it has a silver value on today’s market of $4.00.
How To Value an Assortment of Silver Coins Dated Before 1964
The silver content in a coin dated before 1964 is calculated by the silver content of 90% and the coin’s weight multiplied by the current market value of silver.
Weight:
Weigh the coin or coins and calculate the silver value. If you have a 1 Troy Ounce, that ounce is worth about $24.00 in today’s market.
You know the silver content is 90% silver, so the silver value of the coins based on weight and silver content is $21.60.
Silver is typically measured in troy ounces. A troy ounce contains approximately 31.1034768 grams of silver. This is higher than the standard ounce, which has 28 grams.
If you have Coins Minted Before or After 1964, Face Value Is:
Face value is that, what is the coin’s denomination, and what is it worth. A twenty-five-cent quarter is worth .25, and a ten-cent dime has a face value of .10. If you have four quarters each worth .25, you have a total of $1.00 as the face value of the coins.
As a side note, $1.00 in coins has the same face value no matter the silver content.
Dimes:
An 1892-1916 Silver Barber Dimes, 1916-1945 Silver Mercury Dimes, and 1946-1964 Silver Roosevelt Dimes all have the same weight and silver content.
Weight:
2.5 grams
Quarters:
An 1892-1916 Silver Barber Quarters, 1916-1930 Silver Standing Liberty Quarters, 1932-1964 Silver Washington Quarters all have the same weight and silver content.
Weight:
6.25 grams
Half Dollars:
An 1892-1915 Silver Barber Half Dollars, 1916-1947 Silver Walking Liberty Half Dollars, 1964 Silver Franklin Half Dollars all have the same weight and silver content.
*Because of the weight of silver, half dollars are a great return on exchanging the silver value.
Weight:
12.5 grams.
Notice Anything Unique About the Weights of the Dime, Quarters, and Half Dollars?
One dime weighs 2.5 grams. So, five dimes will weigh 2.5×5=12.5grams and equally fifty
cents or a half dollars.
The weight of 12.5 grams matches the Half Dollar.
Confused? Let’s Clear It Up a Bit
This is why the calculations work. These minted coins are 90% silver, but the weights add up just like the denominations.
One dollar in coin “Face Value” is equal to 25 grams.
Exceptions:
A 1965-1970 Half Dollar is only 40% silver. A Morgan Dollars and Peace
Dollars will weigh 26.73 grams. There are a few other exceptions, but
Generally, the rule above will apply.
Not everyone knows how to use face value to calculate value. Coin shops, pawnshops, and coin collectors prefer this method, and it is easy and quick math and never fails.
Know the Value of Your Coins to get the Most Value
As the market changes, so do the spot prices for silver. The spot price is the current price in the marketplace that a coin can be bought or sold for immediate delivery. It is important to remember it changes daily.
What is a Premium?
Coin shops and pawnshops charge a premium deducted from the percentage of the spot price they are willing to pay. Premiums are the associated costs that a business establishment incurs as a part of doing business. All stores that buy and sell silver, gold, valuable coins, and gold and silver bullion have to leave a profit margin, so they remain in business.
Silver products can be pendants, pure silver, modern silver bullion coins, silver bullion, silver bars, American silver eagle coins, a silver round, a silver bar, and 925 stamped silver jewelry.
Silver rounds are primarily from private mints located in the United States and other places in the world. Silver rounds and silver coins have similar appearances, but there are some critical differences. A silver coin has an official face value, and silver rounds have a legal tender value and no face value. Compared to the Perth Mint owned by the state government of Western Australia, the coins like the Kookaburras and Silver Kangaroos have a legal tender status through the Currency Act of 1965.

Consider Using a Local Pawn Shop in Your Area
Unlike online silver buyers, gold and silver coins buyers, and bullion buyers, most pawn shops offer in-store and online services. A team of experts supports pawnbrokers skilled in examining and appraising silver coins, silver jewelry, gold and silver coins, paper money, old coins, precious metals, sterling silver, and gold and silver bullion. You will be offered competitive prices for your valuables. Pawnshops are in the market to buy silver and sell precious metals. Some have an online service that can sell valuable items with shipping costs added, so you can get purchased items quickly.

Lambert Pawn Shop in Whittier, California
Lambert Pawn is a pawn shop in Whittier, CA. They are silver and gold buyers. They buy, sell, and pawn silver. They will also buy scrap or damaged silver if you need quick cash.
When you sell silver to Lambert Pawn Shop, they review the current spot price and test the precious metal. They will make you an offer, so you can leave the shop with quick cash. The value of precious metals continues to ebb and flow, and selling gold and silver is a way to get cash.
If you are in the market to purchase gold and silver, they have an inventory of luxury watches, fine jewelry, gold, silver, and diamonds. Depending on the silver and gold content, you can make a deal on precious metals.
December 26, 2022