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 Kellerton 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.

Bunn's Jewelry & Gifts

111 N Main St, Lenox, IA 50851

(641) 333-2830

Sprc

4110 Miller St, Bethany, MO 64424

(660) 425-8384

Northwest Mo Jewelry & Coins

107 N 15th St, Bethany, MO 64424

(660) 425-4439

Gray's Jewelry & Gifts

1518 Main St, Bethany, MO 64424

(660) 425-3353

Winterset coin and Antiques

101 John Wayne Drive, Winterset, IA 50273

(515) 238-2963

Busenbarrick Fine Jewelry

112 N 1st Ave, Winterset, IA 50273

(515) 462-4585

Jewel Box

296 Public Sq, Greenfield, IA 50849

(641) 743-2748

Creviston & Son Jewelry

1002 S Main St, Maryville, MO 64468

(660) 582-5571

Indianola Glass Creations

119 N Buxton St, Indianola, IA 50125

(515) 961-1957

Treasures Fine Jewelry

102 N Howard St, Indianola, IA 50125

(515) 961-2883

Laurene's Jewelry & Gifts

109 NE 2nd St, Stuart, IA 50250

(515) 523-2514

Cheri Starr Jewelry & Gift

1225 Sunset Dr Ste B, Norwalk, IA 50211

(515) 981-0680

3b Silversmiths Inc

29918 145th St, Winston, MO 64689

(660) 749-5675

Gold Guys

101 Jordan Creek Pkwy # 11273, West Des Moines, IA 50266

(515) 223-1021

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.