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 Hummels Wharf 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.

Sterner's Coin Shop

2854 N Susquehanna Trl # 630, Shamokin Dam, PA 17876

(570) 743-2646

Sterner's Coin Shop

2845 N Susquehanna Trl, Shamokin Dam, PA 17876

(570) 743-2646

Kay Jewelers

1 Susquehanna Valley Mall Dr Suite A5, Selinsgrove, PA 17870

(570) 374-1328

Foss Jewelers Inc

888 Route 522, Selinsgrove, PA 17870

(570) 374-4790

PA Collectors Society

1864 N Susquehanna Trl, Selinsgrove, PA 17870

(570) 743-4300

Zales

Routes 11 15, Selinsgrove, PA 17870

(570) 374-6461

John Dagle Jewelers

352 Market St, Sunbury, PA 17801

(570) 286-4362

Marc Williams Goldsmith

213 Market St, Lewisburg, PA 17837

(570) 523-7882

Williams & Williams Jewelers

534 N Derr Dr Frnt, Lewisburg, PA 17837

(570) 524-5161

Wolf's Jewelry Inc

314 Market St, Lewisburg, PA 17837

(570) 524-9244

Coin Collector, The

25 N. 8th St., Lewisburg, PA 17837

(570) 523-9579

Silvermoon Consignment Barn

211 Silvermoon Ln, Lewisburg, PA 17837

(570) 568-2276

Cakke

643 Mahoning St, Milton, PA 17847

(888) 636-7293

Fedder's Jewelers

65 S Front St, Milton, PA 17847

(570) 742-7283

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.