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 Carlile 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.

Pronghorn Trader

120 S Gillette Ave, Gillette, WY 82716

(307) 682-3006

Marshall Jewelers

1103 E Boxelder Rd Ste C, Gillette, WY 82718

(307) 686-6666

Gillette Pawn & Gun

201 W 2nd St, Gillette, WY 82716

(307) 687-7407

Riddle's Jewelry

2610 S Douglas Hwy, Gillette, WY 82718

(307) 685-6455

Detailing White Diamond

3200 Watsabaugh Dr, Gillette, WY 82718

(307) 686-7765

Edenfield Jewelers

8281 Ramshorn Ave, Gillette, WY 82718

(307) 682-1412

Boxelder Business Center

405 W Boxelder Rd Ste A1, Gillette, WY 82718

(307) 682-1188

West River Studio

611 N Main St, Spearfish, SD 57783

(605) 559-2787

Rms Jewelers

508 N Main St, Spearfish, SD 57783

(605) 642-7387

Spearfish Coins & Antiques

414 N. Maim St., Spearfish, SD 57783

(605) 717-8375

Spearfish Coins Etc

127 W Grant St, Spearfish, SD 57783

(605) 717-8375

Dakota Coin & Precious Metals

620 Main St, Deadwood, SD 57732

(605) 484-5618

Gold Diggers DBA Berg Jewelers

650 Main St, Deadwood, SD 57732

(605) 722-0011

Shankar

29 Deadwood St, Deadwood, SD 57732

(605) 578-3808

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.