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 Harvey 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.

Helzberg

3800 Merle Hay Rd Ste 300, Des Moines, IA 50310

(515) 278-5529

Josephs Jewelry Stores

215 10th St # 100, Des Moines, IA 50309

(515) 283-1961

Noland Susan Designs In Gold

902 42nd St, Des Moines, IA 50312

(515) 255-1167

Pawn Store

3005 Douglas Ave, Des Moines, IA 50310

(515) 277-4878

Kay Jewelers

1111 E Army Post Rd Space 55, Des Moines, IA 50315

(515) 287-9073

Kay Jewelers

3800 Merle Hay Rd Suite 500, Des Moines, IA 50310

(515) 331-2255

Taymar Designs

1111 Southwold Rd, Des Moines, IA 50320

(515) 224-1999

Exotic Expressions

1100 School Street, Des Moines, IA 50309

(515) 419-8363

Solar Loan & Sales Company

3311 Ingersoll Ave, Des Moines, IA 50312

(515) 612-7582

John's Talloring

3009 Merle Hay Rd Ste 1, Des Moines, IA 50310

(515) 253-0750

Pawn Specialist Inc

208 E Army Post Rd, Des Moines, IA 50315

(515) 285-5715

Piercing Pagoda

3800 Merle Hay Rd, Des Moines, IA 50310

(515) 278-9604

Kim Tin

1544 2nd Ave # 1, Des Moines, IA 50314

(515) 243-5950

Park Fair Jewelers

2927 2nd Ave, Des Moines, IA 50313

(515) 243-3556

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.