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 Johnstown 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.

Bnb Creations

3564 Pinewood Ct, Johnstown, CO 80534

(970) 222-9729

EZ Pawn

2526 8th Ave, Greeley, CO 80631

(970) 352-4424

Ron's Coin Store

2002 9th St, Greeley, CO 80631

(970) 590-2755

Nolan's Diamonds Gold Silver Coins Exchange

819 10th St, Greeley, CO 80631

(970) 353-9531

Zales

2014 Greeley Mall, Greeley, CO 80631

(970) 353-8500

Diamond Peak Press

6437 W 24th St, Greeley, CO 80634

(970) 330-8206

Kay Jewelers

2081 Greeley Mall, Greeley, CO 80631

(970) 352-7744

Fred Meyer Jewelers

6922 W 10th St, Greeley, CO 80634

(970) 392-4170

Weiss Jewelers

955 52nd Ave, Greeley, CO 80634

(970) 616-0016

Gordon's Jewelers

2070 Greeley Mall, Greeley, CO 80631

(970) 351-6521

Mister Money USA - Greeley

1525 8th Ave, Greeley, CO 80631

(970) 616-0163

D G & G Enterprises

5965 W 23rd St, Greeley, CO 80634

(970) 330-8071

Joyeria Princess

3635 W 10th St, Greeley, CO 80634

(970) 352-9539

City National Pawn

3301 W 10th St Ste A, Greeley, CO 80634

(970) 352-2256

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.