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 Flagstaff 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.

Cash America Pawn

2500 S Woodlands Village Blvd Stuite 13 - 17, Flagstaff, AZ 86001

(928) 225-2741

Stephen Mahar Jewelry

17 N San Francisco St, Flagstaff, AZ 86001

(928) 774-6063

Family Jewels

12535 N Peaks Pkwy, Flagstaff, AZ 86004

(928) 527-0843

Dave's Beads Jewelry & More

7810 N US Highway 89 Ste 260, Flagstaff, AZ 86004

(928) 527-4308

Fisher Frederick Jewelers

4650 N US Highway 89 Ste G8, Flagstaff, AZ 86004

(928) 526-6516

Sedona Coins And Jewelry

40 SOLDIERS PASS Rd Suite 4, Sedona, AZ 86336

(928) 282-8515

Naja

185 Page Pkwy, Sedona, AZ 86336

(928) 282-1670

Red Canyon Collections

336 State Route 179 Ste A208, Sedona, AZ 86336

(928) 282-2030

Southwest Designs

321 N State Route 89A, Sedona, AZ 86336

(928) 282-1787

Mummy's Bundle

145 Gray Fox Dr, Sedona, AZ 86351

(928) 284-0400

Garland's Indian Jewelry

3953 N State Route 89A, Sedona, AZ 86336

(928) 282-6632

Naja Inc

235 N State Route 89A 7, Sedona, AZ 86336

(928) 282-4755

Garde M Avant Intl

853 Crown Ridge Rd, Sedona, AZ 86351

(928) 284-3859

Environmental Realists

336 State Route 179, Sedona, AZ 86336

(928) 282-4945

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.