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 Kent 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.

Foxy Roxy Jewelry

310 Main St, Wahpeton, ND 58075

(701) 545-7420

Olson Jewelers

506 Dakota Ave, Wahpeton, ND 58075

(701) 642-4112

Kraning Jewelry

208 W Lincoln Ave, Fergus Falls, MN 56537

(218) 736-3678

Uniquely Ulstad

309 Main Ave S, Hankinson, ND 58041

(605) 323-9402

Eide's Jewelry

3222 Highway 10 E, Moorhead, MN 56560

(218) 287-1411

Vivian's Magnetic Bracelets

602 12th 1/2 Ave E., #2, West Fargo, ND 58078

(701) 282-8748

FargoCharms.com

1136 Westport Beach Way, West Fargo, ND 58078

(701) 630-9106

Min Dak Gold Buyers

514 Broadway N, Fargo, ND 58102

(701) 566-5012

Nabx

1429 42nd St S, Fargo, ND 58103

(855) 777-6229

Dakota Gold

2516 39 1/2 Ave S, Fargo, ND 58104

(701) 261-2298

Northern Plains Coins

2425 Main Ave, Fargo, ND 58103

(701) 297-0321

Treasure Island Coins Inc

1429 42nd St S, Fargo, ND 58103

(701) 282-4747

Gold Coast Auto Sales

15 15th St S, Fargo, ND 58103

(701) 205-0996

Gold Coast Auto Sales

1402 1st Ave S, Fargo, ND 58103

(701) 205-0996

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.