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.

Renee Taylor Jewelry

TLAQUEPAQUE, 336 Highway 179 b218, Sedona, AZ 86336, Sedona, AZ 86336

(928) 282-1506

Wisteria

211 N State Route 89A, Sedona, AZ 86336

(928) 282-0228

Na Ja

118 W State Route 89A # 7, Sedona, AZ 86336

(928) 282-5946

Indian Touch Of Sedona

101 N State Route 89A, Sedona, AZ 86336

(928) 282-2703

Blue-Eyed Bear

299 N State Route 89A, Sedona, AZ 86336

(928) 282-1158

El Dorado Rare Coin Exchange

301 N State Route 89A, Sedona, AZ 86336

(928) 282-2132

Village Jeweler

100 Verde Valley Sch. Rd # 108, Sedona, AZ 86351

(928) 239-9361

Gold Door Gallery

211 State Route 179, Sedona, AZ 86336

(928) 282-3370

My Jeweler

164 Coffee Pot Dr, Sedona, AZ 86336

(928) 203-0780

Rainbows Of Light Inc

132 Willow Way, Sedona, AZ 86336

(928) 204-1902

Ramsey's Rocks & Minerals Inc

152 State Route 179, Sedona, AZ 86336

(928) 204-2075

Sedona's Hidden Treasures

181 State Route 179 Ste 5A, Sedona, AZ 86336

(928) 282-0211

Lynn Gaston Estate Jewelers

6657 State Route 179, Sedona, AZ 86351

(928) 284-0018

Caravana Jewelry

336 State Route 179 Ste B120, Sedona, AZ 86336

(928) 282-3370

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.