How the Process Works When We Buy Silver

Selling silver at North Scottsdale Loan & Gold is simple and efficient. Most evaluations can be completed within minutes.

1. Bring Your Silver to Our Scottsdale Location

To provide the most accurate offer, we encourage customers to bring their silver items directly to our store for evaluation. Our trained staff can inspect the silver, test its purity, and determine its weight to calculate its value.

For certain items such as sealed bullion or well-known silver coins, we may be able to provide a general estimate ahead of time, but final offers are always based on an in-person evaluation.

 

2. Testing and Verifying Silver Purity

Our staff uses several professional methods to confirm the authenticity and purity of your silver.

Hallmark Identification

Many silver items contain stamps indicating purity, such as:

• - .925 Sterling Silver
• - .999 Fine Silver
• - .9999 Fine Silver

These hallmarks provide an initial indication of silver content.

Touchstone and Acid Testing

For silver jewelry or scrap silver, a small sample is tested using a touchstone and specialized testing acids. This process confirms the purity of the metal without damaging the item.

Precision Weighing

Once purity is verified, your silver is weighed using certified precious metal scales. The weight combined with purity determines the silver’s melt value.

Market Price Comparison

The final step involves referencing the current spot price of silver, which fluctuates throughout the trading day on global markets.

 

Silver Coins We Buy

North Scottsdale Loan & Gold purchases a wide variety of investment-grade silver coins produced by government mints around the world. These coins are valued primarily for their silver content and global demand.

Some of the most commonly traded silver coins we buy include:

• - American Silver Eagles
• - Canadian Silver Maple Leaf coins
• - Austrian Silver Philharmonic coins
• - British Silver Britannia coins
• - Australian Silver Kangaroo coins
• - Mexican Silver Libertad coins
• - South African Silver Krugerrands
• - Chinese Silver Panda coins

These coins are widely recognized across global precious metal markets and are valued based on their silver content and current trading price.

In addition to modern bullion coins, we also buy:

• - 90% silver U.S. coins minted before 1965
• - Silver rounds produced by private mints
• - Silver bars in various sizes
• - 1 oz, 5 oz, 10 oz, and 100 oz silver bullion bars

Many customers bring in collections that include a mix of bullion coins, silver rounds, and bars. Our team evaluates each item individually to ensure you receive the best possible offer.

 

Silver Jewelry and Scrap Silver

In addition to bullion coins, we also buy many forms of silver jewelry and scrap silver items.

Examples include:

• - Sterling silver rings
• - Bracelets
• - Necklaces
• - Earrings
• - Broken or damaged silver jewelry
• - Sterling silver flatware
• - Scrap silver pieces

Even if your silver jewelry is broken or missing stones, the silver content itself still retains value.

 

What Determines the Value of Silver

The amount of cash you receive when selling silver depends on several factors.

Silver Purity

Higher purity silver contains a greater percentage of silver metal.

Common purities include:

• - .925 Sterling Silver
• - .999 Fine Silver
• - .9999 Fine Silver

Weight

Silver is weighed in grams or troy ounces. Larger pieces naturally contain more silver and therefore carry higher value.

Current Spot Price

Silver prices fluctuate daily based on international trading markets. Offers are calculated using the most current market data available.

Market Demand

Certain bullion coins and bars may carry additional premiums due to global demand.

 

Free Silver Evaluations

All silver evaluations at North Scottsdale Loan & Gold are completely free. Our staff will explain how the value of your silver is calculated so you can make an informed decision.

If you choose to accept the offer, the transaction can be completed quickly with proper identification, and many customers leave with cash in hand within minutes.

 

Visit a Trusted Silver Buyer in Scottsdale

If you have silver coins, jewelry, or bullion and want to know their value, visit North Scottsdale Loan & Gold, a trusted buyer serving Scottsdale and the greater Phoenix area for over a decade.

📍 7126 E Shea Blvd, Scottsdale, AZ 85254

We proudly serve customers from:

• - Scottsdale
• - Phoenix
• - Tempe
• - Paradise Valley
• - Mesa
• - The surrounding Valley communities

Stop by today and see why so many Arizona residents trust North Scottsdale Loan & Gold when selling silver in Scottsdale.