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 Lee 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.

Gold Rush Recyclers

6824 Suwannee Plaza Ln # 175, Live Oak, FL 32060

(904) 531-4653

Gold Leaf Jewelry & Loan

10078 US Highway 129, Live Oak, FL 32060

(386) 362-1970

Hometown Jewelry & Loan

209 Ohio Ave N, Live Oak, FL 32064

(386) 362-7296

The Barn & Indoor Market

5205 Mill Store Rd, Lake Park, GA 31636

(229) 560-2341

Bishop's Jewelers

406 Northside Dr Valdosta, Valdosta, GA 31602

(229) 375-5768

Valdosta Pawn

1401 Baytree Rd, Valdosta, GA 31602

(229) 469-8584

First Choice Jewelry & Pawn

1404 E Park Ave, Valdosta, GA 31602

(229) 242-2146

Pawn USA

1113 N Ashley St, Valdosta, GA 31601

(229) 241-9040

KaratBars

4225 Shadowwood Drive, Valdosta, GA 31605

(229) 251-7814

Gold Buyers

2906 N Ashley St, Valdosta, GA 31602

(229) 244-3330

South Georgia Coin & Supply

3323 Bemiss Rd Ste I, Valdosta, GA 31605

(229) 245-7273

EZ Pawn

2912 N Ashley St Ste A, Valdosta, GA 31602

(229) 241-1656

Bishop's Jewelers

406 Northside Dr Valdosta, Valdosta, GA 31602

(229) 375-5768

Valdosta Pawn

1401 Baytree Rd, Valdosta, GA 31602

(229) 469-8584

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.