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 Honey Brook 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.

Green Designs

361 Reading Furnace Rd, Elverson, PA 19520

(610) 286-9105

Belladonna Inc

644 Meetinghouse Rd, Gap, PA 17527

(717) 354-3311

Sam's Coins

2200 E Lincoln Hwy, Coatesville, PA 19320

(610) 384-0777

Hurst's Watch & Clock Repair

400 Linden St, East Earl, PA 17519

(717) 445-5219

White Light Productions

505 Reeds Rd, Downingtown, PA 19335

(610) 518-0645

Belaro Jewelers

31 E Lancaster Ave, Downingtown, PA 19335

(610) 269-6020

C & S Jewelers

3935 W Lincoln Hwy, Downingtown, PA 19335

(610) 269-5127

Helzberg

1038 E Lancaster Ave, Downingtown, PA 19335

(610) 518-0664

Delaware Valley Stamp Co

6173 Strasburg Rd, Atglen, PA 19310

(610) 593-5628

DDS Rare Coin Gallery

592 E Main St, New Holland, PA 17557

(717) 664-3747

Von Gehr Jewelry Shoppe

203 East Main Street, New Holland, PA 17557

(717) 354-2256

Trendy Expressions

145 E Broad St, New Holland, PA 17557

(717) 354-0684

Lionville Jeweler

453 Uwchlan Ave, Chester Springs, PA 19425

(610) 594-8131

Wizards World Of Tattoos Inc

6721 Perkiomen Ave, Birdsboro, PA 19508

(610) 404-4699

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.