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 Gunnison 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.

Ice Mountain Jewelry

311 S 6th St, Gunnison, CO 81230

(970) 349-6331

Silver Queen Jewelry

134 N Main Stunit A, Gunnison, CO 81230

(970) 641-9021

Pema Dawa

303 Elk Ave, Crested Butte, CO 81224

(970) 349-7563

Ice Mountain Jewelry

311 6th St, Crested Butte, CO 81224

(970) 349-6331

Django's Restaurant & Wine Bar

620 Gothic Road, Mt. Crested Butte, CO 81224, Crested Butte, CO 81225

(970) 349-7574

Lavish

234 Elk Ave, Crested Butte, CO 81224

(970) 349-1077

Zachariah Zypp Co

317 Elk Ave, Crested Butte, CO 81224

(970) 349-5913

Slumgullion Gift Gallery

401 Gunnison Ave, Lake City, CO 81235

(970) 944-2623

MaazoEtsoh

14189 Thompson Rd, Paonia, CO 81428

(970) 209-2569

Tridea Master Jeweler

320 2nd St, Paonia, CO 81428

(970) 527-5477

Hightower Trading Post

205 Grand Ave, Paonia, CO 81428

(970) 527-3220

Rock Candy Mountain Gemstone Jewelry

PO Box 915, Paonia, CO 81428

(970) 623-1014

Moodi Chic

152 Poplar Way, Hotchkiss, CO 81419

(970) 872-3079

Adjewelation Jewelry and Coin

2620 Woodgate Rd Suite 103, Montrose, CO 81401

(970) 249-1007

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.