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 Mccain 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.

Paul Harkness Jewelry Design

110 W Pennsylvania Ave, Southern Pines, NC 28387

(910) 695-4275

Sheercraft LIMITED

570 S Ashe St, Southern Pines, NC 28387

(910) 693-0331

Jim's Loans Guns & Gold

980 Old US Highway 1 S, Southern Pines, NC 28387

(910) 695-1303

Hawkins & Hawkins Fine Jewelry Design

148 E New Hampshire Ave, Southern Pines, NC 28387

(910) 692-3749

Shops John Parker Street

210 NW Broad St, Southern Pines, NC 28387

(910) 692-2361

Beading Babes Boutique

127 SW Broad St, Southern Pines, NC 28387

(910) 692-2234

Whit Lauter Jewelry By Leann Parker

229 NE Broad St, Southern Pines, NC 28387

(910) 692-0551

Fiskin & Fiskin Inc

750 NW Broad St, Southern Pines, NC 28387

(910) 692-1717

Hawkins & Harkness Inc Fine Jewelry

132 NW Broad St, Southern Pines, NC 28387

(910) 692-3749

Kevin's Creations

250 S Bennett St, Southern Pines, NC 28387

(910) 692-3094

McNeill Jewelers

Highway 211, Red Springs, NC 28377

(910) 843-3254

Numisnetwork

111 Connor Dr, Red Springs, NC 28377

(910) 774-4753

Peruvian Qulqi

114 Ray St, Fort Bragg, NC 28307

(808) 542-9099

Starrys Jewelry

1 Fort Bragg, Fort Bragg, NC 28307

(910) 436-5022

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.