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 Compton 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.

Pegasus Metals LLC

640 S Hill St, Los Angeles, CA 90014

(213) 455-8528

Gold And Diamond Exchange

11605 1/2 W Pico Blvd, Los Angeles, CA 90064

(310) 478-3077

Mr. Steve's Pawn Shop

3800 S Western Ave, Los Angeles, CA 90062

(323) 870-8149

Refined Gold Inc.

650 S Hill St, Los Angeles, CA 90014

(213) 629-1091

Tango Gold & Silver Assayers

610 S Broadway Ste 311, Los Angeles, CA 90014

(213) 622-4283

Metal Gold

728 S Hill St, Los Angeles, CA 90014

(213) 622-0141

Millennium Gold

629 S Hill St, Los Angeles, CA 90014

(213) 622-1232

Empress Design Coin & Gold

640 S Hill St, Los Angeles, CA 90014

(213) 489-1330

Gold Leslie S

1901 Avenue Of The Stars Ste 1900, Los Angeles, CA 90067

(310) 286-1050

Gold Expo

640 S Hill St, Los Angeles, CA 90014

(213) 688-4058

Gold Max

650 S Hill St, Los Angeles, CA 90014

(213) 488-9141

Sa Refinery Co

640 S Hill St, Los Angeles, CA 90014

(213) 622-1430

Utility Payment Center

4818 Whittier Blvd, Los Angeles, CA 90022

(323) 268-4120

LA JOLLA JEWELRY EBAY & COLLATERAL LOAN COMPANY INC

8246 Santa Monica Blvd, West Hollywood, CA 90046

(866) 281-2503

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.