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 Bunch 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.

Mutzig's A to Z Loans

112 N Muskogee Ave, Tahlequah, OK 74464

(918) 456-2021

Pawn World

1721 Main St, Van Buren, AR 72956

(479) 474-0301

Van Buren Gold Silver & Coin

2233 Alma Hwy Ste C, Van Buren, AR 72956

(479) 262-2442

Van Buren Gold Silver & Coin #2

1405 Fayetteville Rd, Van Buren, AR 72956

(479) 262-2007

Pawn World

1721 Main St, Van Buren, AR 72956

(479) 474-0301

Towson Pawn Too

2120 Alma Hwy, Van Buren, AR 72956

(479) 222-1469

DBKJ Numismatics

711 Garrison Ave, Fort Smith, AR 72901

(479) 783-5881

Gold & Diamond Co

2600 S Zero St, Fort Smith, AR 72901

(479) 434-4868

First Choice Pawn

4011 Towson Ave, Fort Smith, AR 72901

(479) 646-4444

Andys Pawn & Gun Shop

2113 Dodson Ave, Fort Smith, AR 72901

(479) 668-0281

Twin City Auto Pawn and Loan Co.

3616 Midland Blvd, Fort Smith, AR 72904

(479) 202-0254

Towson Gold & Silver & Coin

5205 Rogers Ave, Fort Smith, AR 72903

(479) 226-3812

River Valley Gold & Silver

3808 Jenny Lind Rd, Fort Smith, AR 72901

(479) 648-8798

Cooper's Coin & Pawn Shop

7100 Highway 271 S, Fort Smith, AR 72908

(479) 646-4001

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.