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 Lincoln 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 & Silver Buyers

2490 E Austin St, Giddings, TX 78942

(979) 542-1374

Universal Currency

707 Short St, Smithville, TX 78957

(800) 321-1307

Gold & Silver Buyers

606 State Highway 95, Bastrop, TX 78602

(512) 718-1130

EZ Pawn

311 Highway 71 W, Bastrop, TX 78602

(512) 303-9337

Ladds Coins

566 State Highway 95, Bastrop, TX 78602

(512) 321-4937

Bastrop Picture Frame Emporium

926 Main St, Bastrop, TX 78602

(512) 332-1617

Cash America Pawn

245 Highway 290 E, Elgin, TX 78621

(512) 212-9411

Bland's Jewelry

302 North Mian, Taylor, TX 76574

(512) 352-5097

Top Texas Gold

902 S Austin St, Brenham, TX 77833

(979) 830-1420

Goldwiser

516 Highway 290 W, Brenham, TX 77833

(713) 568-2468

Top Texas Gold & Jewelry

300 W Main St, Brenham, TX 77833

(979) 830-1420

Gold & Silver Buyers

516 Highway 290 W, Brenham, TX 77833

(979) 836-2400

ABS Metal Recycling LLC

10519 McAngus Rd, Del Valle, TX 78617

(512) 826-0797

Regal Coin & Jewelry

2110 Pecan St W, Pflugerville, TX 78660

(512) 670-3232

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.