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 Earlville 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.

Time Piece Repair

2228 Farmington Ave, Boyertown, PA 19512

(610) 369-0820

Wizards World Of Tattoos Inc

6721 Perkiomen Ave, Birdsboro, PA 19508

(610) 404-4699

C & I Coins

351 Fairview Chapel Rd, Birdsboro, PA 19508

(610) 404-2841

Capitol Cash Exchange 2

1600 W High St, Pottstown, PA 19464

(610) 326-2274

Douglas Diamonds

1300 N Charlotte St, Pottstown, PA 19464

(484) 941-6453

Zales

724 100 Byp, Pottstown, PA 19464

(610) 718-1122

Zales

351 W Schuylkill Rd Ste 91, Pottstown, PA 19465

(610) 718-1122

Zales

351 W Schuylkill Rd Ste C11, Pottstown, PA 19465

(610) 718-1122

Cash Converters

223 Shoemaker Rd Ste 112, Pottstown, PA 19464

(610) 705-3100

Littman Jewelers

COVENTRY Mall, Pottstown, PA 19464

(610) 326-2800

Littman Jewelers

351 W Schuylkill Rd Ste G1, Pottstown, PA 19465

(610) 326-2800

Swarovski

18 W Lightcap Rd Ste 1241, Pottstown, PA 19464

(610) 323-2052

The Silver Shoppe

2452 E High St, Pottstown, PA 19464

(610) 323-4994

Brian Scotts Fine Jewelers

10 S Hanover St, Pottstown, PA 19464

(484) 941-5578

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.