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 Inverness 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.

Diamonds on Web

888 Brannan St, San Francisco, CA 94103

(415) 912-1789

Midtown Jewelry & Loan Office

948 Market St, San Francisco, CA 94102

(415) 762-6575

LANG ANTIQUE & ESTATE JEWELRY

309 Sutter St, San Francisco, CA 94108

(415) 982-2213

A Jeweler's Place

2015 Balboa St, San Francisco, CA 94121

(415) 463-4114

Union Street Goldsmith

1909 Union St, San Francisco, CA 94123

(415) 776-8048

Steven's Manufacturing Jewelers

490 Post St Suite 1644, San Francisco, CA 94102

(415) 398-8783

66mint.com Located In San Francisco

66 Mint Plz, San Francisco, CA 94103

(916) 827-2016

Oxbridge Coins Inc

2115 Van Ness Ave, San Francisco, CA 94109

(415) 813-6647

San Francisco Provident Loan Association

932 Mission St, San Francisco, CA 94103

(415) 697-3999

Best Collateral

993 Mission St, San Francisco, CA 94103

(415) 813-5491

Pacific Loan & Jewelry Co.

55 6th St, San Francisco, CA 94103

(415) 777-3877

Buy Sell Loan Inc

2050 Mission St, San Francisco, CA 94110

(415) 762-6580

Jewelry Exchange

101 Utah St Ste 131, San Francisco, CA 94103

(415) 626-4623

Best Collateral

2449 Mission St, San Francisco, CA 94110

(415) 813-4792

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.