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 Mishicot 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.

Dalebroux Jewelers

1517 Washington St, Two Rivers, WI 54241

(920) 794-7024

Inman Jewelers

2116 Washington St, Two Rivers, WI 54241

(920) 794-1351

Manitowoc Card & Coin

3519 Custer St, Manitowoc, WI 54220

(920) 684-1955

Rummele Jewelers

4101 Calumet Ave, Manitowoc, WI 54220

(920) 684-5225

Nesgoda's Jewelry Service

1881 Nagle Ave, Manitowoc, WI 54220

(920) 686-1450

Kay Jewelers

4550 Calumet Ave Suite 104, Manitowoc, WI 54220

(920) 652-0436

Joyeria Ordaz

3949 Calumet Ave, Manitowoc, WI 54220

(920) 652-9209

Crystal Pathway

1106 Washington St, Manitowoc, WI 54220

(920) 682-8680

Boelter's Jewelers

2101 Washington St, Manitowoc, WI 54220

(920) 682-7724

Beadazzled By Lynn

1013A Columbus St, Manitowoc, WI 54220

(920) 973-4602

Aude Jewelers

213 Main St, Luxemburg, WI 54217

(920) 845-5860

William's Jewelers Inc

115 S Erie St, De Pere, WI 54115

(920) 336-8611

Creative Design Jewelers

840 Cook St, De Pere, WI 54115

(920) 330-9191

Bejeweled Images Fine Jewelry

416 George St, De Pere, WI 54115

(920) 338-8120

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.