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 Atlantic Highlands 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.

Ciao Bella

470 State Route 36, Atlantic Highlands, NJ 07716

(732) 872-7770

Slainte Cash For Gold

79 Leonardville Rd, Belford, NJ 07718

(732) 201-0026

Watches International

769 River Rd Ste C, Fair Haven, NJ 07704

(732) 747-6777

Gem of an Idea

740 River Road, Suite 202, Fair Haven, NJ 07704

(732) 747-9339

The Gold Soiree

124 Avenue Of Two Rivers, Rumson, NJ 07760

(732) 245-9761

Royal Sovereign Bullion Group

1096 Ocean Ave, Sea Bright, NJ 07760

(732) 747-1358

Rumson Store

15 W River Rd, Rumson, NJ 07760

(732) 530-9696

The Design Studio

125 E River Rd, Rumson, NJ 07760

(732) 996-6555

Little Silver Jewelers Ltd

6 Church St, Sea Bright, NJ 07760

(732) 758-9700

L C Jewelry

834 State Route 35, Middletown, NJ 07748

(732) 615-0899

Antiques & Precisous Metals of Jersey

329 State Route 35, Red Bank, NJ 07701

(732) 747-4720

Helzberg

110 State Route 35, Red Bank, NJ 07701

(732) 530-1001

Galleria Gold Co

240 S Bridge Ave, Red Bank, NJ 07701

(732) 747-3337

Ballew Jewelers Inc

36 Broad St, Red Bank, NJ 07701

(732) 741-5800

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.