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 Carlin 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.

Scorpio Gold US Corp

1515 7th St # 1, Elko, NV 89801

(775) 753-4778

Us Gold

275 3rd St, Elko, NV 89801

(775) 777-9977

Sierra Jewelry & Loan Of Nevada

415 Idaho St, Elko, NV 89801

(775) 738-1232

Sierra Jewelry & Loan Of Nevada

415 Idaho St, Elko, NV 89801

(775) 738-1232

Ruby Mountain Pawn

1340 Idaho St, Elko, NV 89801

(775) 777-3203

Blohm Jewelers

495 Idaho St, Elko, NV 89801

(775) 738-8466

Stonecraft Jewelers

2560 Mountain City Hwy, #103, Elko, NV 89801

(775) 753-5506

Ruby Mountain Pawn

185 10th St Ste A, Elko, NV 89801

(775) 777-3203

Sierra Jewelry & Loan

430 Cottonwood Dr, Elko, NV 89801

(775) 423-2125

Stonecraft Jewelers

1235 Southside Dr, Elko, NV 89801

(775) 753-5506

Blohm Jewelers

3223 Scenic View Dr, Elko, NV 89801

(775) 738-6174

White Bead Alphabet Bracelets

2705 Sundance Dr., Elko, NV 89801

(775) 385-5935

Stonerock Sound & Lighting

2560 Mountain City Hwy, Elko, NV 89801

(775) 777-2633

Jensen Jewelers

2503 Mountain City Hwy Ste 130, Elko, NV 89801

(775) 738-7852

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.