Learning More About Precious Stones Used For Jewelry

While you might agree that Christmas is truly a magical time of the year, maybe this year is a bit tough for you because you are low on the cash you need to buy gifts for those on your Christmas list. You might be an individual who doesn't want to accrue debt by charging things on your credit card. Have you thought about selling some of your personal belongings in order to get the cash you need for Christmas shopping? 

Maybe you have been lucky enough to collect sterling silver coins since the time you were a young boy or girl. You'll probably be amazed at how much money you can get for selling those coins.

Get all of your coins together first. If you have collections, say silver eagle coins or presidential coins, try to sell them as an entire set to a buyer who has a client who has asked for that type of collection. Maybe you have a collection of sterling silver Mexican coins. Those could be especially sought after if you live in a part of the country that has a large Hispanic population.

Don't worry if your silver coins are tarnished. You don't even need to shine them before taking them to be sold. Maybe you aren't sure if certain coins are truly sterling silver. See if they'll attach to a strong magnet. If they do, then they aren't sterling silver coins. 

The silver coin buyer will check to see if each coin is marked with an authentic hallmark that could simply say the word sterling or list specific numbers. Don't be embarrassed if you have taken coins to the buyer that aren't sterling silver. The buyer will likely understand that you didn't have knowledge of that. 

If you have coins that have sentimental value to them, think of keeping them for yourself. For example, maybe you have the Looney Tunes collection that means a great deal to you. Later on, you might be very sorry you parted with those coins.

There are more than likely other things right in your own home that you can sell. Take like-new clothes to a consignment shop. Just know you may not get the money from those clothes for awhile. Or do you have things like old cameras, a guitar that you aren't using anymore, or costume jewelry that you know you will never wear?  Head to a pawnshop to get the money for those items. While you're there, you might find that you can buy Christmas gifts at a very great price.  

For more information, get in contact with silver coin buyers, such as The Coin and Jewelry Exchange.