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 Brielle 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.

Midlantic Gold Rush

201 Union Ln Ste C, Brielle, NJ 08730

(732) 223-4994

Mertens Jewelers

114 Main St Ste 1, Manasquan, NJ 08736

(732) 223-3766

Joe Zyx1 Sons Jewels

1407 Atlantic Ave, Manasquan, NJ 08736

(732) 223-9191

We Buy Gold Silver & MORE

2900 Route 88, Point Pleasant Beach, NJ 08742

(732) 475-7241

Gold Fever-Catch It

636 Arnold Ave, Point Pleasant Beach, NJ 08742

(732) 892-3535

The Jewelry Joint

503 Richmond Ave., Point Pleasant Beach, NJ 08742

(732) 892-5000

Malouf Jewelers

615 Arnold Ave Ste 1, Point Pleasant Beach, NJ 08742

(732) 899-6226

We Buy Gold Silver & MORE

2900 Route 88, Point Pleasant Beach, NJ 08742

(732) 475-7241

Point Beach Rare Coins

613 Arnold Ave, Point Pleasant Beach, NJ 08742

(732) 295-3231

Lee Richards Fine Jewelry

2243 Bridge Ave, Point Pleasant Boro, NJ 08742

(732) 295-8875

Ocean County Stamp & Coin Co

3209 Route 88, Point Pleasant Boro, NJ 08742

(732) 295-1888

Point Pleasant Antique Emporium

622 Trenton Ave, Point Pleasant Beach, NJ 08742

(732) 892-2222

Anthony Michael Jewelers

2807 Bridge Ave, Point Pleasant Boro, NJ 08742

(732) 295-0345

The Jewelry and Gift Boutique

625 Arnold Ave, Point Pleasant Beach, NJ 08742

(732) 475-6409

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.