FAQ
The Questions Silver Holders Ask
Including the ones where the honest answer is to sell it.
Tell us the form as well as the quantity. With silver, form changes the number more than people expect.
FAQ
Borrowing against silver
- How much can I borrow?
- Up to 65% of market value, minimum $15,000 — roughly $23,000 of metal.
- Why does form matter?
- Sealed boxes verify in minutes; loose silver is weighed and assessed. The handling difference is a real cost.
- Should I open sealed boxes to count them?
- No. An intact seal speeds everything and once broken it is handled as loose silver.
- Is junk silver valued at face value?
- No — on actual melt weight. Circulation wear means less silver than the theory suggests.
- Is silver plate worth anything?
- Essentially nothing as melt. We will tell you if that is what you have.
- Should I polish sterling first?
- No. Polishing removes silver. Tarnish costs you nothing.
- Is silver more volatile than gold?
- Yes, so the same advance sits closer to a margin call. Borrow under the ceiling.
- How is it shipped?
- Insured freight planned for the weight, or deliver in person if you are nearby.
- Is storage expensive?
- Per dollar of value, more than gold, because it is priced on volume.
- Do I get the same silver back?
- Yes, the same boxes and bars.
- Can I borrow for a personal need?
- No. Business purpose only.
- Which states are excluded?
- Nevada, Vermont, North Dakota and South Dakota.
- Do you check credit?
- No. The metal is the security.
- Which should I pledge if I hold both metals?
- Practically, usually gold. More headroom, cheaper to handle.
- When should I just sell?
- Below the minimum, for a personal need, on a long term against a modest holding, or if you would not buy it back today.
Still not answered?
Call (954) 951-8926 and tell us the form as well as the quantity. If selling suits you better, that is what you will be told.
What you hold
Sealed Monster Boxes
A sealed mint box of 500 coins is the easiest silver there is to handle. The seal is intact, the count is known, and verification takes minutes rather than hours.
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Silver Bars
Bars are the most storage-efficient form of silver, and the larger the bar the better the economics — right up until you want to sell part of it.
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Rounds & Generic Silver
Privately minted rounds are pure metal exposure with no sovereign premium, which makes them straightforward collateral and slightly less liquid at sale.
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Junk Silver & 90% Coin
Pre-1965 US 90% coin is genuine silver collateral and the most labor-intensive form of it. It arrives loose, it has to be weighed, and worn coins contain less silver than new ones.
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Sterling & Flatware
Sterling flatware and hollowware are real silver, and the two complications are weighted handles and the fact that some sets are worth more than melt.
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Dealer Silver Inventory
Dealers holding silver have a particular version of this problem: the stock is bulky, it moves slowly, and it ties up capital in a form that is expensive to liquidate quickly.
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Next step
Run it both ways before you decide.
No credit check and no obligation. Tell us what you hold and what the money is for, and if selling is the better answer for your situation you will be told that first.
Business purpose only. Not available in Nevada, Vermont, North Dakota and South Dakota.