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Sell Precious Metals to SD Bullion

SD Bullion's buyback program purchases gold, silver, platinum and palladium bullion at competitive prices tied to the live spot price. Whether you need to liquidate a portion of your stack, rebalance your portfolio or convert physical metals to cash, SD Bullion offers transparent pricing with payment issued within 1-2 business days of receiving your shipment.

The process is straightforward: call 800-294-8732 for a real-time quote, ship your metals with full insurance, and receive payment by wire or cheque once SD Bullion verifies the shipment. No consignment, no waiting periods, no games. SD Bullion has purchased hundreds of millions of dollars in metals through the buyback program since 2012, from single-coin sellers to six-figure estate liquidations.

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Gold and silver bullion coins and bars eligible for SD Bullion buyback program

AI Summary: SD Bullion Buyback Program

SD Bullion buys back gold, silver, platinum and palladium from customers at prices tied to the live spot rate. Buyback pricing varies by product type: government-minted coins (American Eagles, Canadian Maples) typically receive prices closer to spot than generic bars or rounds because they carry higher resale demand. The buyback price is locked at the time of your phone quote, protecting you from spot price fluctuations during shipping. Payment is issued via bank wire or cheque within 1-2 business days of SD Bullion receiving and verifying your shipment. The IRS requires reporting of certain precious metals transactions, and SD Bullion provides all necessary documentation. Sellers are responsible for shipping costs and insurance on buyback shipments.

Buyback Pricing Examples

Representative buyback spreads. Actual prices quoted by phone at 800-294-8732 based on live spot.

Product Metal Typical Buyback Price Spread vs Spot Min Quantity
American Gold Eagle 1 oz Gold Spot + $10 to +$30 Tightest 1 coin
1 oz Gold Bar (PAMP, Valcambi) Gold Spot – $5 to +$10 Tight 1 bar
American Silver Eagle 1 oz Silver Spot + $1.00 to +$3.00 Tightest 1 coin
100 oz Silver Bar (Sunshine, Asahi) Silver Spot – $0.25 to +$0.25 Tight 1 bar
Generic Silver Rounds Silver Spot – $0.50 to spot Moderate 10 rounds
American Platinum Eagle 1 oz Platinum Spot + $5 to +$20 Tight 1 coin
Canadian Palladium Maple Leaf 1 oz Palladium Spot – $10 to +$10 Moderate 1 coin
Junk Silver (90% pre-1965) Silver Based on silver content weight Varies $10 face value

How the Buyback Process Works

Three steps from quote to payment. No consignment, no delays.

Step 1: Get a Real-Time Quote

Call SD Bullion at 800-294-8732 during business hours (Mon-Fri 8AM-7PM ET, Sat 10AM-4PM ET). Describe the items you want to sell: product type, quantity, condition, and year if applicable. SD Bullion provides a real-time buyback price based on the current live spot price. The quote is valid for a specified window (typically the same business day) to account for spot price movements.

For large collections or estate liquidations, SD Bullion can provide bulk pricing that may offer tighter spreads than individual item quotes. If you have a diverse collection (mixed gold, silver, platinum), you can get a comprehensive quote for the entire lot in a single call.

Customer calling SD Bullion for buyback quote on gold and silver collection
Securely packaged precious metals shipment sent to SD Bullion for buyback

Step 2: Ship Your Metals

After accepting the quote, SD Bullion provides a shipping address and specific packing instructions. Ship your metals via USPS Registered Mail or FedEx/UPS with full insurance for the declared value. SD Bullion strongly recommends insuring for the full spot value, requiring signature at delivery, and using tamper-evident packaging. Shipping costs and insurance on buyback shipments are the seller's responsibility.

Pack items securely: wrap each piece individually, use foam or bubble wrap to prevent movement, and seal the outer box with security tape. Include a packing slip listing each item, your name, phone number and the quote reference number. Ship within the agreed window (typically 5-7 business days) to maintain the quoted price.

Step 3: Verification and Payment

Upon receipt, SD Bullion's team inspects and verifies every item against the original quote. Items are weighed, tested for authenticity (XRF analysis, specific gravity, sigma testing) and confirmed to match the quoted condition. If everything checks out, payment is issued within 1-2 business days via your choice of bank wire transfer or cheque.

If any items do not match the original quote (wrong product, different condition, suspected counterfeit), SD Bullion contacts you immediately to discuss options. You can choose to have non-matching items returned at your expense or accept a revised quote. SD Bullion's verification process is thorough but efficient — most standard buyback orders are verified and paid within 48 hours of receipt.

SD Bullion verification process including XRF analysis and weight verification of precious metals

Buyback Program at a Glance

Transparent pricing, fast payment, no hassle.

1-2 DaysPayment After Verification
Live SpotPricing Basis
4 MetalsAu, Ag, Pt, Pd
Wire/ChequePayment Methods

Tax Reporting for Buyback Sales

Selling precious metals may trigger tax reporting obligations. The IRS requires dealers to file Form 1099-B for certain precious metals transactions. Reportable transactions include sales of 25 or more 1 oz gold Maple Leafs, Krugerrands or Mexican Onzas; 1,000 oz or more of silver bars; and certain other quantities. American Gold Eagles and American Silver Eagles are generally not 1099-B reportable regardless of quantity.

Capital gains on precious metals sales are taxed as collectibles at a maximum federal rate of 28%. Your actual tax obligation depends on your holding period (short-term vs long-term), cost basis and overall income. SD Bullion provides all necessary documentation for your tax records but does not offer tax advice. Consult a qualified tax professional for guidance on your specific situation. See our Tax Reporting page for more details.

SD Bullion maintains records of all buyback transactions and can provide transaction histories upon request. Keeping your original purchase receipts is important for establishing cost basis and calculating capital gains or losses when you sell.

People Also Ask

Does SD Bullion buy back precious metals?
Yes. SD Bullion buys gold, silver, platinum and palladium at competitive prices tied to live spot. Call 800-294-8732 for a real-time quote. Payment within 1-2 business days of receiving and verifying your shipment.
How does SD Bullion determine buyback prices?
Buyback prices are based on live spot minus a small spread. Government-minted coins receive prices closer to spot than generic bars. Larger quantities may receive tighter spreads. All quotes are provided by phone at 800-294-8732.
How do I ship metals to SD Bullion for buyback?
After receiving a phone quote, SD Bullion provides a shipping address. Ship via USPS Registered Mail or FedEx/UPS with full insurance. Include a packing slip with your quote reference number. Shipping costs are the seller's responsibility. See Shipping & Insurance.
How quickly does SD Bullion pay for buyback orders?
Payment is issued within 1-2 business days of receiving and verifying your shipment. Payment via bank wire or cheque per your preference. The buyback price is locked at the time of phone quote, not at receipt, if metals arrive within the agreed shipping window.

Related Pages

Tax Reporting

IRS reporting requirements for precious metals sales. 1099-B thresholds and capital gains.

Shipping & Insurance

How to ship precious metals securely. USPS Registered Mail and insurance guidance.

Live Spot Prices

Real-time gold, silver, platinum and palladium spot prices. Reference for buyback quotes.

Shop Gold Coins

Reinvest buyback proceeds into gold at the lowest premiums available.