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 Clearwater Beach 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.

Gold & Diamond Source

3800 Ulmerton Rd, Clearwater, FL 33762

(727) 573-9351

My Gold And Silver Store

812 Pinellas St, Clearwater, FL 33756

(727) 518-6700

Gold Pros

27001 US Highway 19 N, Clearwater, FL 33761

(727) 725-2345

Brilliant Exchange

1140 Kapp Dr, Clearwater, FL 33765

(727) 443-4500

Glenn's Rare Coins Inc - CLOSED

16072 US Highway 19 N, Clearwater, FL 33764

(727) 536-3849

Gibraltar Coins & Precious Metals

27001 US Highway 19 N Ste 8520, Clearwater, FL 33761

(727) 712-8088

Idc Coin & Bullion

3696 Ulmerton Rd, Clearwater, FL 33762

(727) 573-2313

Cash America Pawn

1530 S Missouri Ave, Clearwater, FL 33756

(727) 228-1043

Top USA Gold Buyers

13400 US Highway 19 N, Clearwater, FL 33764

(727) 600-8089

Gold Max USA

13400 US Highway 19 N, Clearwater, FL 33764

(813) 434-4222

R & W Pawn & Jewelry

2007 Gulf To Bay Blvd, Clearwater, FL 33765

(727) 446-4622

Palm Island Coins and Currency

2790 Gulf to Bay Blvd., Suite D, Clearwater, FL 33759

(727) 726-9555

Court Street Stamp & Coin Shop

1250 Court Street, Clearwater, FL 33756

(727) 442-5784

International Diamond Center

3696 Ulmerton Rd, Clearwater, FL 33762

(727) 572-6323

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.