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 Friendship 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.

Karatbars International

4002 13th St, Chesapeake Beach, MD 20732

(301) 693-1949

C F Brandt Jewelers

14718 Main St, Upper Marlboro, MD 20772

(240) 339-1274

Eye of the Beholder II Consignments

111 Mayo Rd, Edgewater, MD 21037

(410) 956-4196

The Twisted Bead

167 Mitchells Chance Rd, Edgewater, MD 21037

(410) 956-5529

Bead Boutique

28 Solomons Island Rd S, Prince Frederick, MD 20678

(410) 535-6337

Calvert Pawn

102 Central Square Dr, Prince Frederick, MD 20678

(410) 535-0488

Kmg Designs

2544 Lavall Ct, Davidsonville, MD 21035

(410) 721-6255

Top Dollar Pawn & Jewelry

3360 Crain Hwy, Waldorf, MD 20603

(301) 579-3348

Shaw's Jewelers

11110 Mall Cir Space Q-3, Waldorf, MD 20603

(301) 645-2544

Golden Renaissance Jewelers

2591 Crain Hwy, Waldorf, MD 20601

(301) 965-0676

Zales

11110 Mall Cir, Waldorf, MD 20603

(301) 645-4140

Zales

5000 Crain Hwy, Waldorf, MD 20603

(301) 645-4140

Helzberg

11110 Mall Cir, Waldorf, MD 20603

(301) 638-9296

Kay Jewelers

11110 Mall Cir Space P-7, Waldorf, MD 20603

(301) 645-3032

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.