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 Inyokern 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.

S & M Coins & Collectibles

216 Balsam St, Ridgecrest, CA 93555

(760) 384-1709

All American Jewelry & Loan

10120 Main St, Lamont, CA 93241

(661) 845-5626

Leonardo's Jewelry

113 N Main St, Porterville, CA 93257

(559) 339-0246

Got Gold

1365 W Olive Ave, Porterville, CA 93257

(559) 784-1988

Gold Exchange - CLOSED

1365 W. Olive Ave., Porterville, CA 93257

(559) 789-9558

Bakersfield's Best Pawn

601 Chester Ave, Bakersfield, CA 93301

(661) 324-5626

Globe Loan Jewelry Co.

1130 19th St, Bakersfield, CA 93301

(661) 325-3353

Latham Sheets Fine Jewelry

9500 Brimhall Rd, Bakersfield, CA 93312

(661) 587-4653

Bakersfield's Best Pawn

601 Chester Ave, Bakersfield, CA 93301

(661) 324-5626

Wooden Nickel Trading Co.

4646 Ming Ave, Bakersfield, CA 93309

(661) 371-4142

Griffin M A & Sons Jewelry & Loan

1234 19th St, Bakersfield, CA 93301

(661) 380-7109

CashGolden com

1209 19th St, Bakersfield, CA 93301

(661) 322-2345

Gold Buyers of Bakersfield

3 Locations In Bakersfield To Serve You, Bakersfield, CA 93309

(661) 834-7445

Southwest Gold & Jewelry

4429 Ming Ave, Bakersfield, CA 93309

(661) 832-1168

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.