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 College Station 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.

Coin & Stamp Shop The

107 Main St, Little Rock, AR 72201

(501) 375-2113

American Gold & Silver

11525 Cantrell Rd, Little Rock, AR 72212

(501) 664-9595

Braswell & Son Pawnbrokers

8601 W Markham St, Little Rock, AR 72205

(501) 228-7296

Danwerke Jewelers Clocks & Watches

9816 N Rodney Parham Rd, Little Rock, AR 72227

(501) 791-9224

American Gold & Silver Exchange

10300 N Rodney Parham Rd Ste N, Little Rock, AR 72227

(501) 228-8881

Pacer Ltd

1123 S University Ave Suite 101, Little Rock, AR 72204

(501) 712-1624

Arch Street Pawn Shop

11602 Arch St, Little Rock, AR 72206

(501) 888-3131

Baseline Window Tint & Truck Accessories

3510 Baseline Rd, Little Rock, AR 72209

(501) 570-0570

J. Oliver's Fine Jewelry

400 N. Bowman Rd. #31, Little Rock, AR 72211

(501) 954-9400

American Gold & Silver Exchange

5706 R St, Little Rock, AR 72207

(501) 228-8881

Gold Line

11323 Arcade Dr, Little Rock, AR 72212

(501) 223-2800

Nwa Gold & Silver

8400 W Markham St, Little Rock, AR 72205

(501) 217-9999

Maximum Recovery Group

3408 S University Ave, Little Rock, AR 72204

(501) 565-3808

Gold Cashers

8701 W Markham St, Little Rock, AR 72205

(501) 353-1007

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.