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 Apopka 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.

Kay Jewelers

9401 W Colonial Dr Suite 610, Ocoee, FL 34761

(407) 291-8116

Magnific Fine Jewelers & Gold Buyers

451 E. Altamonte Dr. #K7, Altamonte Springs, FL 32701

(407) 831-6967

Cash Value Pawn Jewelry And Gun

700 W State Road Suite 128, Altamonte Springs, FL 32714

(407) 788-3733

Precious Jewelry & Watch Repairs, Gold Buyers

451 E. Altamonte Dr. #K1, Altamonte Springs, FL 32701

(407) 339-8428

Orlando Gold Refinery

969 E Altamonte Dr, Altamonte Springs, FL 32701

(321) 207-0775

TMK DIamonds

1380 E Altamonte Dr, Altamonte Springs, FL 32701

(407) 696-4900

Cash America Pawn

700 W State Road 436, Altamonte Springs, FL 32714

(407) 788-7296

Pablo Master Jeweler

1002 W State Road 436, Suite # 1016, Altamonte Springs, FL 32714

(407) 830-4438

Cash America

700 W State Road 436 Ste 128, Altamonte Springs, FL 32714

(407) 788-7296

Cash America Pawn

700 W State Road 436 Suite 128, Altamonte Springs, FL 32714

(407) 636-2084

Zales

451 E Altamonte Dr, Altamonte Springs, FL 32701

(407) 834-5055

JMT Jewelers

1002 W State Road 436, Altamonte Springs, FL 32714

(407) 331-5459

Dazzling Gold & Silver

451 E Altamonte Dr, Altamonte Springs, FL 32701

(407) 331-0200

Nicks Expert Jewelry and Watch Repair

238 Wilshire Plaza Suite 101 Casslberry FL 32707, Altamonte Springs, FL 32701

(407) 928-5188

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.