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 Camptonville 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.

Beryl Robinson

11080 Banner Mine Way, Nevada City, CA 95959

(530) 477-2255

Beryl Robinson

11080 Banner Mine Way, Nevada City, CA 95959

(530) 477-2255

Nevada City Gold and Silver

Box 415, Nevada City, CA 95959

(530) 470-8881

Gold Country Mine

544 Searls Ave, Nevada City, CA 95959

(530) 470-8881

Outlaw Mining Company

P.O. Box 1231, Nevada City, CA 95959

(530) 320-8988

Sierra Gold & Coin

203 W Main St, Grass Valley, CA 95945

(530) 272-1100

Sierra Gold & Coin

203 W Main St, Grass Valley, CA 95945

(530) 272-1100

J H Mint & Coin Shop

13241 Grass Valley Ave, Grass Valley, CA 95945

(530) 273-8175

Little Silver Palace

114 E Main St # B, Grass Valley, CA 95945

(530) 477-0127

Penn Valley Precious Metals Exchange, LLC

14169 Chestnut Ct, Penn Valley, CA 95946

(530) 205-9060

Auto & Equipment Pawn

4514 Pacific Heights Rd, Oroville, CA 95965

(530) 403-5539

Harold's Coins

1471 Myers St, Oroville, CA 95965

(530) 370-0101

Miner's Coin Silver & Gold

5250 Olive Hwy, Oroville, CA 95966

(530) 567-2568

Oro Jewelry And Loan

1827 Oroville Dam Bl East, Oroville, CA 95966

(530) 403-5627

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.