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 Glendora 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.

Gerace Jewelers

754 W Clements Bridge Rd, Runnemede, NJ 08078

(856) 312-1222

A Antiques & Coins Unlimited

15 N Black Horse Pike # 1, Runnemede, NJ 08078

(856) 939-0230

Treasure Box Gold Buyers & Trading Post

308 w Eveshame ave, Magnolia, NJ 08049

(856) 534-0652

Bellmawr Jewelry

3 Kings Hwy, Bellmawr, NJ 08031

(856) 931-7922

Joe The Jeweler Cash For Gold

115 S Black Horse Pike # D, Bellmawr, NJ 08031

(856) 933-3300

A New Creation~Jewelry Designed For You!

69 E Maple Ave, Bellmawr, NJ 08031

(856) 304-3244

Phil Mund Jewelers

3 W Kings Hwy Ste 1A, Bellmawr, NJ 08031

(856) 931-7922

Gold Scrap

805 Creek Rd, Bellmawr, NJ 08031

(856) 931-1403

White Orchid Jewelry

424 6th Ave, Bellmawr, NJ 08031

(856) 931-2957

Chloe + Isabel by Heather

101 Bergen Ave, Bellmawr, NJ 08031

(609) 922-6603

Boyce Watch & Jewelry Repair

515 N Warwick Rd, Somerdale, NJ 08083

(856) 627-6650

Somerdale Cash Traders

20 S White Horse Pike Ste 8, Somerdale, NJ 08083

(856) 258-4191

Penn-Col Jewelers

616 S White Horse Pike, Somerdale, NJ 08083

(856) 783-3880

Golden River Cash For Gold

241 White Horse Pike N, Lawnside, NJ 08045

(856) 546-0038

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.