Finding someone to buy your silver items can take some time, so you need to make sure that you look around and find the best silver dealers Akers has to offer. This way, you can make sure that you get the best price possible for all of your valuables.

A good buyer will carefully assess all of your things to give you an accurate understanding of how much they are worth. You can then use this information to decide what to do. Selling your silver can earn you quite a bit from the right dealer.

Gold Into Cash Pawn

1900 W Thomas St, Hammond, LA 70401

(985) 635-7200

Gold Buyers, LLC

410 West Morris Street, Hammond, LA 70403

(985) 542-5919

Pawn Depot

1803 N Morrison Blvd, Hammond, LA 70401

(985) 318-7455

Douglas Kent Jeweler

2724 W Thomas St, Hammond, LA 70401

(985) 520-4991

Bayou Pawn & Jewelry

821 N Morrison Blvd, Hammond, LA 70401

(985) 345-7182

Zales

318 Palace Dr, Hammond, LA 70403

(985) 542-5054

Guzzardo Fine Jewelers

124 N Morrison Blvd, Hammond, LA 70401

(985) 230-4653

Kay Jewelers

201 Palace Dr, Hammond, LA 70403

(985) 419-9766

Hammond City Tattoo Co

45654 University Park Ave Ste 4, Hammond, LA 70401

(985) 340-9109

Hammond Regional Arts Center

217 E Thomas St, Hammond, LA 70401

(985) 542-7113

Perkins Jewelry & Clock Repair

1665 SW Railroad Ave Ste 10, Hammond, LA 70403

(985) 429-1247

Jewelry & Purses Plus

1040 Roma Ave # A, Hammond, LA 70403

(985) 345-2292

Ruby

111 E Thomas St, Hammond, LA 70401

(985) 345-4745

Exquistite Stone & Creations

207 Woodbridge Blvd, Hammond, LA 70401

(985) 345-9255

Tactics That Successful Silver Dealers Use

Silver is a commodity. That means that any single ounce of silver is worth the same as any other ounce of silver at the same purity level. It's been used as money in a variety of cultures and silver dealers use tactics to buy and sell silver and make a profit. Here is how they do it.

Wholesale Markup

Silver dealers are in business to make money and they often do it by buying silver coins or bullion at wholesale prices. Perhaps they were able to buy a silver coin for the rock bottom price of $15. When these coins become scarce in the market, the dealer may choose to offer them to a collector. Collectors pay a higher price and remove the coins from circulation. The dealer makes a profit on the markup over the wholesale price that he paid.

Replacement Cost Price

A dealer should never sell anything for less than the cost of what it would take to replace it. That's the philosophy of most successful dealers in metals. They take the long view and buy silver when it reaches a low. Let's use the same number we used above. Say they bought an ounce for $15.

That's a good buy because the price of silver typically goes for more than that. To gain a profit, the dealer will have to hold onto the bullion until the price rises. At that point, he must sell it at a price no lower than what it would cost him to replace it. If silver has risen to $30 an ounce, he's made a tidy profit when he sells.

The first tactic requires finding the right kind of buyer in order to make a profit. The second one requires patience while waiting for the market to change. Both can be very lucrative.