Have you bought silver bullion through GoldRepublic? You can sell it back to us at any time.
There are various reasons why you might want to do this. Perhaps you want to take profit after a rise in the silver price. Or you expect the price to fall in the short term and choose to create liquidity temporarily. It could also be that you want to change the composition of your portfolio and switch between precious metals.
Whatever your reason: at GoldRepublic you always benefit from a buyback guarantee on the silver bullion you purchased through us.
Selling silver bullion with GoldRepublic is simple and completely transparent. Thanks to our buyback guarantee, you can always sell the silver you bought from us back to us at the price offered at that time, based on the current silver price.
Step 01
Log in to your GoldRepublic account.
Step 02
Choose the amount of silver you want to sell.
Step 03
Confirm the sale at the current price.
Step 04
After the transaction, you can have the amount paid into your account.
When you sell silver via GoldRepublic, you have the option to set different types of orders.
Are you selling your silver bullion back to GoldRepublic? Here you'll find the current silver bid price we offer. The bid price is slightly lower than the current market price.
You'll also pay 1% transaction costs on the silver you sell. This amount is automatically deducted, and the remaining balance is paid into your GoldRepublic account. You can then reinvest this (immediately or later) in another precious metal via GoldRepublic, or simply transfer it back to your linked bank account.
The sell price of silver at GoldRepublic continuously tracks the international silver markets. This price moves constantly based on demand and supply. We use fully transparent pricing, so you always receive a fair price.
As with gold, there is also a difference between the purchase and sell price of silver (bid and ask price). This difference is known as the spread and arises from the margin applied by suppliers and dealers, as well as the market dynamics of supply and demand.
This is why you receive slightly less than the current rate when selling, and pay slightly more when buying.
Have you, besides silver, also bought gold and/or platinum via GoldRepublic? The buyback guarantee also applies to selling gold and selling platinum, provided you purchased these precious metals via GoldRepublic.
Private individuals do not pay VAT when selling silver. If the silver is stored in a customs bonded warehouse, the sale takes place in a tax-free environment.
The best selling price depends on the spread between buying and selling prices. Selling through platforms that track the global market price ensures a fair valuation.
At GoldRepublic you can only sell silver that was purchased through the platform. Silver bought elsewhere must be sold through other dealers.
You can safely sell silver through reputable precious metal dealers that provide transparent pricing and verified buyback services.
The selling price of silver is mainly determined by the global spot price, exchange rates, and dealer margins.
Yes, small quantities of silver can usually be sold through online precious metals platforms.
Whether to sell silver now depends on your financial goals, market outlook, and liquidity needs.
After selling silver through a trading platform, funds are usually transferred to your bank account within one to two working days.
The difference between the buy and sell price is called the spread. This margin covers dealer costs and trading operations.
Open an account for free and discover how easy it is to trade physical bullion with GoldRepublic
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