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 Howard City 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.

Reynold's Jewelry

21 W Cherry St, Cedar Springs, MI 49319

(616) 696-0982

Robinsjewelrys

8493 Mason Dr, Newaygo, MI 49337

(231) 414-5926

Bon Bon's Boutique

10690 pierce road, Canadian Lakes, MI 49346

(248) 921-9013

GRANT GOLD BUYER

7 E Main St., Grant, MI 49327

(231) 834-1408

The Gold And Silver Exchange

1925 west washington, Greenville, MI 48838

(616) 754-5092

The Gold & Silver Exchange

600 S Greenville West Dr, Greenville, MI 48838

(616) 754-5092

Huch's Fine Jewelry

212 S Lafayette St, Greenville, MI 48838

(616) 754-6347

Origami Ow-Independent Designer, Natalie Boehm #35723

1002 N Edgewood St, Greenville, MI 48838

(616) 788-4026

DeVO Originals

6865 Ravenwood Ln NE, Rockford, MI 49341

(616) 901-2507

Studio G Jewelry & Glass

11301 Summit Ave NE, Rockford, MI 49341

(616) 866-9832

Ginny's Quality Gold

301 Lakeside Dr, Stanton, MI 48888

(989) 831-7150

Instant Cash Advance

605 S 3rd Ave, Big Rapids, MI 49307

(231) 527-1300

Lakeshore Coins & Expressions Jewelry

605 S 3rd Ave, Big Rapids, MI 49307

(231) 796-4593

The Diamond Windows

719 West Ave, Big Rapids, MI 49307

(231) 796-0554

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.