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 David City 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.

West Gold Estates

Highway 30, Schuyler, NE 68661

(402) 352-3802

Paycheck Advance

2322 23rd St, Columbus, NE 68601

(402) 563-0271

Crown Jewelers

3317 21st St, Columbus, NE 68601

(402) 564-8504

McChristy Jewelers

2517 13th St, Columbus, NE 68601

(402) 564-7529

Marlen Jc

1012 E 23rd St Ste 400, Columbus, NE 68601

(402) 564-0306

Kelly Jewelry Co Inc

2507 13th St, Columbus, NE 68601

(402) 564-4125

Ski's Pawn Shop

3303 20th St, Columbus, NE 68601

(402) 564-9900

Kelly Jewelry Co Inc

3100 23rd St, Columbus, NE 68601

(402) 564-4125

Marlen J C

2109 23rd St, Columbus, NE 68601

(402) 606-4352

Blue River Jewelry

518 Seward St, Seward, NE 68434

(402) 643-2266

Loerch's Jewelry & Gifts

129 E 5th St, Wahoo, NE 68066

(402) 443-3680

Unique Silverwear

218 W 9th St, Stromsburg, NE 68666

(402) 764-8155

Lincoln Coin & Bullion Inc

3534 S 48th St Ste 4, Lincoln, NE 68506

(402) 327-2853

AAA Ultimate Pawn

1400 South St, Lincoln, NE 68502

(402) 423-0188

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.