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 Deer Lodge 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.

Wartburg Sporting Goods

802 Main St, Wartburg, TN 37887

(423) 346-6049

US Standard Gold Buyers

44 Crossings Way, Crossville, TN 38555

(931) 787-1455

Sterling Silver Outlets Inc

848 Livingston Rd, Crossville, TN 38555

(931) 707-0444

Mahaney David

71 N Main St, Crossville, TN 38555

(931) 267-5475

We Buy Gold

112 N Gateway Ave, Rockwood, TN 37854

(865) 245-8450

We Buy Gold

746 Pumphouse Rd, Rockwood, TN 37854

(865) 285-9496

Rockwood Jewerly & Loan

301 W Rockwood St, Rockwood, TN 37854

(865) 354-6872

Mid-South Pawn

1233 S Roane St. Suite 3, Harriman, TN 37748

(865) 882-7188

Fox Trade and Guns

711 W. Main St., Livingston, TN 38570

(931) 823-7296

Kingston Jewelry and Pawn - CLOSED

620 W Race St, Kingston, TN 37763

(865) 248-8218

US Standard Gold Buyers Oak Ridge

965 Oak Ridge Tpke, Oak Ridge, TN 37830

(865) 272-3159

EZ Pawn

1503 Oak Ridge Tpke, Oak Ridge, TN 37830

(865) 482-5074

Tk Wheeler Jewelers

422 S Illinois Ave, Oak Ridge, TN 37830

(865) 482-3131

First Cash

799 S Jefferson Ave, Cookeville, TN 38501

(931) 650-3898

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.