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 Mount Ulla 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.

Kay Jewelers

598 River Hwy Suite 61, Mooresville, NC 28117

(704) 660-1172

Jewelers on Main

118 N Main St, Mooresville, NC 28115

(704) 663-4554

BrynLin Jewelry

327 Shoreline Loop, Mooresville, NC 28117

(704) 202-7804

Mooresville Jewelry & Loan Pawn Shop

597 N Main St, Mooresville, NC 28115

(704) 663-2599

Aisle Pawnshop

216 N Main St, Mooresville, NC 28115

(704) 663-5656

Molly Malone's Jewelry

607 River Hwy, Mooresville, NC 28117

(704) 663-1630

Alexander Zachary Jewelers

175 N Main St, Mooresville, NC 28115

(704) 663-3430

Alexander Zachary Jewelers

175 N Main St, Mooresville, NC 28115

(704) 230-4256

First Impressions Jewelry & Air Conditioning

1403 Shearers Rd, Mooresville, NC 28115

(704) 660-0871

Race City Coins & Collectibles

168 Norman Station Blvd # P, Mooresville, NC 28117

(704) 664-1810

Coin Galleries On The Lake

144 Market Place Ave, Mooresville, NC 28117

(704) 662-9719

Lkn Cash For Gold

484 River Hwy, Mooresville, NC 28117

(704) 677-2324

Piedmont Gold Trader

195 W Plaza Dr, Mooresville, NC 28117

(704) 277-4060

Signature Jewelers Inc

130 Market Place Ave, Mooresville, NC 28117

(704) 664-3350

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.