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 Irvington 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.

Goldcraft Associates Inc

430 Scenic View Dr SE, Laconia, IN 47135

(812) 737-2756

Broken Chains Gold gold Buyers

651 Knox Blvd, Radcliff, KY 40160

(270) 317-6733

Hoosier Jewelry and Coin

248 9th St, Tell City, IN 47586

(812) 566-0226

Pfeiffer Jewelers

123 E Chestnut St, Corydon, IN 47112

(812) 738-3181

Easy Cash of Corydon Inc

1380 N Old Highway 135, Corydon, IN 47112

(812) 738-7419

Albin Jewelers Inc

110 E Chestnut St, Corydon, IN 47112

(812) 738-3853

Picker's Nest

115 E Beaver St, Corydon, IN 47112

(812) 734-1550

Jewelry & Bridal

1701 N Dixie Hwy, Elizabethtown, KY 42701

(270) 900-1672

Gold Buyers At The Mall

1704 N Dixie Hwy, Elizabethtown, KY 42701

(270) 735-9781

Pirate Booty Bullion

270 Dawson Dr, Shepherdsville, KY 40165

(502) 795-4589

Vance Metal Detecting

659 west bluelick, Shepherdsville, KY 40165

(502) 262-0356

JB Jewelry Works and More

2403 Kepley Rd, Georgetown, IN 47122

(502) 718-3359

Cashland - Cash Advance & Check Cashing

2635 Charlestown Road, New Albany, IN 47150

(821) 981-0854

Cashland

2635 Charlestown Rd, New Albany, IN 47150

(812) 291-1342

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.