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 Laguna Hills 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.

Mobile Jewelry Buyer

325 lake forest dr, lake forest, CA 92630

(949) 735-3987

AAA Gold Exchange

24289 Swartz Dr., Lake Forest, CA 92630

(949) 855-4653

Nugs

24412 Muirlands Blvd, Lake Forest, CA 92630

(949) 588-6847

Tangible Investments LLC

1910 S Coast Hwy, Laguna Beach, CA 92651

(949) 556-9083

Tangible Investments LLC

1910 S Coast Hwy, Laguna Beach, CA 92651

(949) 715-5333

Tangible Investments

1910 S Coast Hwy, Laguna Beach, CA 92651

(949) 673-3311

Ken's Jewelry Store

326 Forest Ave, Laguna Beach, CA 92651

(949) 494-7129

Gold Max USA

27221 Ortega Hwy Ste F, San Juan Capistrano, CA 92675

(877) 465-3629

Cash For My Gold

33955 Doheny Park Rd Ste C, San Juan Capistrano, CA 92675

(949) 481-1447

America Coin Exchange

7160 Edinger Ave, Huntington Beach, CA 92647

(714) 881-3686

London Coin Galleries Of Mission Viejo

27000 Crown Valley Pkwy, Mission Viejo, CA 92691

(949) 273-2704

AAA Gold Exchange

3138 E Chapman Ave, Orange, CA 92869

(714) 639-0995

California Gold

27000 Crown Valley Pkwy, Mission Viejo, CA 92691

(949) 365-1239

Precious Metals Refinery

4570 Campus Dr, Newport Beach, CA 92660

(714) 756-1000

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.