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Back to Buying Silver – With Daily Rate Adjustments
Important Update | Please Read Before Placing an Order
Due to the recent extreme price surge in the silver market, many US silver refineries -including North America’s largest, Metalor – have stopped accepting silver. However, reDollar.com has found ways to resume accepting and purchasing silver. Please note that, given current market volatility and our inability to hedge this risk, our payout rates are now adjusted daily.
The market situation is unprecedented and our buying risk remains significant. Nevertheless, we understand how important it is for our customers to have reliable selling options. That’s why we are committed to continuing our silver purchasing operations to meet your needs.
Silver Price Lock Policy
Once you lock in a price, that price is guaranteed for 7 days – just like always. If payout rates change after you’ve locked in, you will still receive the price you locked on that day.
- If the price goes down, you are protected and will still receive your locked-in rate, exceptions apply for extreme market changes. In such a case, we will return your silver at our expense.
- If the price goes up, we cannot adjust your price lock upward. No exceptions will be made.
Please do not proceed with your sale if you do not agree with this necessary policy.
In recent months, the silver industry has faced significant disruptions, with unprecedented price surges and a nationwide refining bottleneck shaking the market. Many US refineries – including industry leader Metalor – stopped accepting silver due to capacity constraints and extreme market volatility. These changes left sellers with severely limited options. In response and after a period of restricted operations, reDollar.com is excited to announce that it is once again accepting and purchasing silver in nearly all forms.
Navigating Challenging Market Conditions
Previously, the extraordinary demand for silver and a lack of available refining capacity forced reDollar.com to pause most silver purchases, with only coins and bars eligible. During this time, the company worked relentlessly behind the scenes – expanding partnerships with domestic and international refiners and aggregators, and boosting efficiencies to maximize throughput wherever possible. The goal was always clear: to restore broader acceptance of silver and meet customer needs as quickly as possible.
Back to Buying Silver – With Daily Rate Adjustments
Thanks to dedicated efforts and new solutions, reDollar.com has now resumed buying silver across a wide range of categories. However, the landscape remains highly volatile. Due to rapid, unpredictable price changes and a lack of reliable hedging mechanisms, payout rates for silver are now updated on a daily basis. This ensures that customers receive fair, up-to-date offers that reflect real-time market conditions while allowing reDollar to responsibly manage ongoing risk.
Why This Matters for Sellers
While some major US refineries remain closed to new silver submissions, reDollar.com’s commitment to service means that sellers once again have a trustworthy and transparent outlet for their precious metals. Whether you have coins, bars, or other forms of silver, you can sell them safely and reliably—knowing that rates will match the current market environment each day.
What Customers Should Know
- Selling is Open: ALL silver items are now accepted again.
- Dynamic Rates: Payout rates are adjusted daily in response to market volatility.
- Continued Transparency: reDollar.com remains committed to providing regular updates and responsive customer support.
- Security and Integrity: The company continues to prioritize secure, efficient handling of all transactions, maintaining the highest standards for pricing and customer care.
If you have silver to sell, reDollar.com is ready to help, even in these turbulent times. For further updates or questions about specific items, visit the reDollar.com updates page or contact their support team for personalized guidance.