It's only valuable if you have someone willing to purchase it. Several months back, when silver hit about $30, I tried to cash my silver in, and couldn't find a single business/person in town that was willing to pay anywhere near spot. Maybe if you live in a large city where the metal dealers always buy and sell would it be good.
Most online stores will buy silver. APMEX is one such store. I've used them in the past and they've taken any PM's I've sent to them.
I'll keep that tip in mind, thank you.
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