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 McQueeney 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.

MM Gold Company

14791 IH-35 North / Suite #107, Selma, TX 78154

(210) 590-9900

MM Gold Company

14791 N Interstate 35 #107, Selma, TX 78154

(210) 590-9900

Gold and Silver King

I-35 3009, Schertz, TX 78154

(210) 274-4104

Sparks Firearms

11503 E Loop 1604 N Ste 103, Universal City, TX 78148

(210) 369-9631

Speedy Cash

1005 Pat Booker Rd, Universal City, TX 78148

(210) 307-4583

Cash America Pawn

1905 Pat Booker Rd, Universal City, TX 78148

(210) 718-0454

Sparks Firearms

11503 E Loop 1604 N Ste 103, Universal City, TX 78148

(210) 910-5736

Gold Rush Gold Buyers

1645 Pat Booker Rd Ste 117, Universal City, TX 78148

(210) 862-2803

Speedy Cash

1005 Pat Booker Rd, Universal City, TX 78148

(210) 307-4583

Speedy Cash

1204 N State Highway 123 Ste A, San Marcos, TX 78666

(512) 212-9570

Speedy Cash

1204 N State Highway 123 Ste A, San Marcos, TX 78666

(512) 212-9570

Speedy Cash

706 E Hopkins St, San Marcos, TX 78666

(512) 212-9529

Southwest Texas Gold & Silver

3402 Yarrington Rd, San Marcos, TX 78666

(512) 392-1610

Frontier Metals

302 W Hopkins St, San Marcos, TX 78666

(512) 393-4924

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.