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 Monponsett 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.

D J's Gold Mine Fine Jewelry

24 Schoosett St, Pembroke, MA 02359

(781) 826-8170

M & F Jewelry

N River Plz, Pembroke, MA 02359

(781) 826-6421

Bellestar Jewelry

95 Church St Ste 4, Pembroke, MA 02359

(781) 826-5002

South Shore Diamond Exchange

254 Church St Ste 1, Pembroke, MA 02359

(781) 829-0060

Stacey's Jewelry

56 N Bedford St # 4, East Bridgewater, MA 02333

(508) 378-7979

Stacey's Jewelry

N Bedford St, East Bridgewater, MA 02333

(508) 378-7979

Piercing Pagoda

101 Independence Mall Way, Kingston, MA 02364

(781) 582-1090

The Silver Idea

101 Independence Mall Way, Kingston, MA 02364

(781) 585-1419

Menard Jewelers

31 South Ave, Whitman, MA 02382

(781) 447-4971

CNT Inc

350 Bedford St, Bridgewater, MA 02324

(508) 697-8133

Earth's Elements Inc

1070 Vernon St, Bridgewater, MA 02324

(508) 946-3300

Chateau Jewelers

51 Broad St, Bridgewater, MA 02324

(508) 697-0646

Coins N Things

350 Bedford St Ste 1, Bridgewater, MA 02324

(508) 697-9600

Cnt Inc

722 Bedford St, Bridgewater, MA 02324

(508) 807-4061

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.