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 Au Gres 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.

Conscious Expressions Jewelry

5555 4 Mile Rd, Bay City, MI 48706

(989) 684-7247

Stan's Gold Mine

3865 Wilder Rd Ste 1A, Bay City, MI 48706

(989) 686-3160

Fast Jewelry 10

4101 Wilder Rd, Bay City, MI 48706

(989) 667-0700

Quality Jewelers

1406 State St, Bay City, MI 48706

(989) 684-0490

Simmons Jewelers

208 Center Ave, Bay City, MI 48708

(989) 893-4653

Sterling Jewelers Inc

2146 Cass Avenue Rd, Bay City, MI 48708

(989) 894-2086

Opals By Anvia

529 Dodson Ct, Bay City, MI 48708

(989) 893-9614

Nelsen & Co

914 Washington Ave, Bay City, MI 48708

(989) 778-1190

Kay Jewelers

4101 Wilder Rd Space E-521, Bay City, MI 48706

(989) 686-8588

Bead Dazzled Designs by Ellen

3697 Kawkawlin River Dr, Bay City, MI 48706

(989) 233-3398

Coco Loco

201 N Euclid Ave, Bay City, MI 48706

(989) 439-1128

Silver Weaves

3260 N Van Dyke Rd, Filion, MI 48432

(989) 269-6888

Michael J's Design Studio & Goldsmith Shoppe

203 E Huron Ave, Bad Axe, MI 48413

(989) 269-4653

Ladieanne's Timeless Treasures

4681 W Cedar Lake Rd, Greenbush, MI 48738

(989) 739-2668

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.