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 Ashville 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.

Autopawn Usa

5029 N Walnut St, South Bloomfield, OH 43103

(740) 983-4865

Capital Metal Exchange

475 E. Main St. Suite B, Circleville, OH 43113

(740) 477-2969

Cashland

205 Lancaster Pike, Circleville, OH 43113

(740) 420-6365

Cashland

205 Lancaster Pike, Circleville, OH 43113

(740) 207-2169

Precision Jewelers

151 W Main St, Circleville, OH 43113

(740) 420-6309

Peebles

23543 US Highway 23 S, Circleville, OH 43113

(740) 420-9913

Essentric Fashions

6262 Haydens Burrow Dr, Canal Winchester, OH 43110

(614) 367-1927

Happy As Can Bead

5265 Gender Rd, Canal Winchester, OH 43110

(614) 834-2232

Shaw & Son Jeweler of Canal Winchester

15 S High St, Canal Winchester, OH 43110

(614) 837-2605

Grove City Coins and Currency

2655 Columbus St, Grove City, OH 43123

(614) 745-8732

Buckeye Gold Company - Grove City

3461 Broadway, Grove City, OH 43123

(614) 875-9200

Buckeye Gold Company

3953 Hoover Rd, Grove City, OH 43123

(614) 539-6355

Gold Buyers of America

2257 Stringtown Rd, Grove City, OH 43123

(614) 539-4177

Capital Metal Exchange

3949 Hoover Rd, Grove City, OH 43123

(614) 539-6355

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.