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 Merrifield 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.

Cameo Coins & Collectibles

444 Maple Ave E, Vienna, VA 22180

(703) 281-7053

DMV Grillz & Jewelry

1934 Old Gallows Rd #350, Vienna, VA 22182

(267) 595-6660

Vienna Jewelry & Estate Buyers

320 Maple Ave E, Vienna, VA 22180

(703) 938-0000

Professional Design Jewelers

134 Maple Ave W, Vienna, VA 22180

(703) 255-2332

Alexandria Coin Sales

7120 Little River Tpke, Annandale, VA 22003

(703) 354-3700

Coins & Antiques

7120 Little River Tpke, Annandale, VA 22003

(703) 354-3700

Gold Exchange & Boutique

6653 Little River Tpke, Annandale, VA 22003

(703) 750-0164

MINELIFE LLC

3908 Victoria Oaks Trail, Annandale, VA 22003

(202) 553-8732

K Jewelry Design

7328 Little River Tpke Ste E, Annandale, VA 22003

(703) 642-8108

Gold Buyer

909 W Broad St, Falls Church, VA 22046

(703) 538-5525

RT 50 Gold & Jewelry Exchange

6670 Arlington Blvd, Falls Church, VA 22042

(571) 297-9182

Cash for Gold NOVA

5981 Columbia Pike #102, Falls Church, VA 22041

(571) 332-1249

Dominion Jewelers

917 W Broad St, Falls Church, VA 22046

(703) 237-3737

Top Pawn Shop

2806 Graham Rd, Falls Church, VA 22042

(703) 698-0813

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.