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 Alachua 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.

TBGoods

15634 NW US Highway 441 Suite B, Alachua, FL 32615

(386) 518-6065

Alachua Pawn & Jewelry

16130 NW US Highway 441, Alachua, FL 32615

(386) 462-5429

Old Irish Man Pawn Shop

715 NW Santa Fe Blvd, High Springs, FL 32643

(386) 454-5348

Old Irish Man Pawn Shop

715 NW Santa Fe Blvd, High Springs, FL 32643

(386) 454-5348

Oaks Pawn - CLOSED

15 NW 1st Ave, High Springs, FL 32643

(386) 454-3776

High Springs Pawn & Jewelry

525 NE Santa Fe Blvd Ste 2, High Springs, FL 32643

(386) 454-3776

Coin & Jewelry Gallery Millhopper

2007 NW 43rd St, Gainesville, FL 32605

(352) 448-3419

Best Jewelry & Loan Pawnbrokers

523 NW 3rd Ave, Gainesville, FL 32601

(352) 562-7653

Coin & Jewelry Gallery Millhopper

2007 NW 43rd St, Gainesville, FL 32605

(352) 448-3419

GOLD RUSH PAWN

4350 SW 20th Ave, Gainesville, FL 32607

(352) 376-8090

Gadgets & Gold

6450 SW Archer Rd, Gainesville, FL 32608

(352) 363-6062

Precious Metal Group

4044 SW 13th St, Gainesville, FL 32608

(352) 378-0901

TBGoods

325 NE 23rd Ave, Gainesville, FL 32609

(352) 375-0024

Coin & Jewelry Gallery University

3446 W University Ave, Gainesville, FL 32607

(352) 372-6400

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.