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 Craftsbury 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.

Morning Glory Essentials

35 S Main St, Hardwick, VT 05843

(802) 472-6155

Long River Pearls

PO Box 1242, Morrisville, VT 05661

(802) 448-0808

Starfire Jewelry

28 Portland St, Morrisville, VT 05661

(802) 888-5113

Stiles Jewelry Collection

549 Beach Rd, Elmore, VT 05661

(802) 793-3005

Zoe's Kaleidoscope Inc

942 Vt Route 15 W, Johnson, VT 05656

(802) 635-8393

Ferro Jewelers

91 Main St, Stowe, VT 05672

(802) 253-3033

Stowe Gems

70 Pond Dr, Stowe, VT 05672

(802) 253-7000

Willow Pi Designs

484 Shaw Hill Rd, Stowe, VT 05672

(802) 253-4103

Little River Goldsmith

108 W Shops St, Stowe, VT 05672

(802) 253-5088

Judy Klimek Jewelry

1813 Mountain Rd, Stowe, VT 05672

(802) 253-7066

The Little River Goldsmith

1813 Mountain Rd Ste 2, Stowe, VT 05672

(802) 253-5088

Well Heeled Specialty Shoes Bags & Jewelry

2850 Mountain Rd, Stowe, VT 05672

(802) 253-6077

Newport Jewelers

194 Main St # 105, Newport, VT 05855

(802) 334-5379

Precious Things Jewelers

349 Main St, Enosburg Falls, VT 05450

(802) 933-4503

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.