GOLD: Au: £3,376.81 SILVER: Ag: £51.10 PLATINUM: Pt: £1,544.73 PALLADIUM: Pd: £1,277.49
Royal Mint
OFFICIAL DISTRIBUTOR For The Royal Mint
LBMA
MEMBER OF THE LBMA Independent Authority for precious metals
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Sell your Silver

Are you looking to sell silver jewellery? Or do you want to get cash for your old British silver coins pre-1947?

Based in Hatton Garden, Gerrards Bullion buys silver in any form, including scrap jewellery, bullion bars and coins. You can send your goods to us by post or sell directly over the counter at our London office.

What type of Silver do we buy?

Gerrards Bullion purchases silver in any form. You can sell your scrap silver jewellery, bars and coins directly in person or send them to us via insured carrier.

If your items are not listed, please contact us with a description of your goods.

Scrap Jewellery and Silverware

We buy scrap and new silver jewellery in any form (chains, necklaces, rings, bracelets, pendants, earrings, watches, etc.). We also purchase silverware such as cutlery, trays, and bowls. Our purchasing prices are the same regardless of hallmarked or non-hallmarked items.

Scrap Silver Prices

Bars and Coins

We buy fine silver bars from any brand, with or without assay certificate. We also buy silver coins including Britannias, Maple Leafs, American Eagles, and old British silver coins. Prices are based on live silver spot prices, updated in real-time.

Silver Coins Prices

Industrial Silver

We also buy silver from industrial sources, such as anodes, photographic silver, swarf, lemels or sweeps.

Industrial Trades

What we pay for silver today

Silver Prices

We pay
Silver Britannia Silver Britannia £ 37.48
Silver Shilling (925) Silver Shilling (925) £ 6.82
500 Silver 500 £ 0.580
925 Silver 925 £ 1.100

These prices are for reference only. Prices may vary at the time we process your goods.

How to Sell your Silver?

Documents required

  • Proof of ID: Valid passport or driving license
  • Proof of Address: Recent utility bill (less than 3 months old)
  • Bank Statement: Copy with account details (balances can be blanked out)
1

Complete our Postal Form

Fill in the weight and carats of your items, as well as your contact details and preferred payment method. Please remember to include your documents.

Online Calculator Postal Form
2

Send your items via Royal Mail

Send your items using Royal Mail Special Delivery (to ensure your goods are insured during delivery) to:

Gerrards Ltd
63 - 66 Hatton Garden
London - EC1N 8LE
United Kingdom
3

Receive your payment

Our purchase price will be based on the current LBMA Fix on the day we process your goods. We will proceed with payment or contact you if needed.

Step by Step Guide

Sell Silver by post

Royal Mail Special Delivery recommended. Payment by BACS, Faster Payments, CHAPS, cheque, or cash.

How to Send

Sell Silver in store

Hours: Monday to Friday, 9:30am to 4:30pm
Location: Hatton Garden, London

Contact Us

Disclaimer – Precious Metal Buying Service

When submitting details via our online form, customers are provided with an estimated value of their items. This estimate is automatically generated based on the description entered by the customer and the live market prices for gold, silver, platinum and palladium at that time. This estimate is provided for guidance purposes only and does not constitute a binding offer by Gerrards Bullion to purchase any items.

Upon receipt, all items are inspected and tested by the Gerrards Bullion Buying Team. The final valuation and any purchase offer are determined solely at our discretion, based on the live precious metal prices on the day of processing. Processing may take place up to ten days after receipt of the items.

Gerrards Bullion reserves the absolute right, at its discretion, to decline to purchase any items received, to amend or withdraw an indicative valuation, or to return the goods without liability. We will only contact the customer prior to payment where there is a material discrepancy* between the customer's description of the goods and the assessment by our Buying Team.

By sending items to Gerrards Bullion, the customer acknowledges and agrees that:

  • No contract of sale exists until Gerrards Bullion confirms acceptance of the items and issues payment.
  • The final payment amount will be calculated using the live market price on the date of processing.
  • Gerrards Bullion's decision regarding the acceptance, valuation, and purchase of any items shall be final and binding.

*A material discrepancy is defined as being:

  • Where the carat differs from the customer's assessment
  • Where the weight of gold differs by more than 3 grams or silver differs by more than 20 grams from the customer's assessment.

NB. All items are weighed on Trade Approved, regularly calibrated scales.

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