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 Mountlake Terrace 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.

G & H Gold and Diamond Brokers South

15806 Washington 99 Suite 1, Lynnwood, WA 98087

(425) 412-7414

The Coin Market

1120 164th St SW Ste J, Lynnwood, WA 98087

(425) 745-1659

Bellevue Rare Coins - Lynnwood

18411 Alderwood Mall Pkwy, Lynnwood, WA 98037

(425) 672-2646

Diana's Gold & Boutique

20015 Hwy 99 Suite # E, Lynnwood, WA 98037

(206) 854-8014

Noble & Wulf

6925 216th St SW Ste K, Lynnwood, WA 98036

(425) 774-6999

Jmg Jewelry

4127 191st St SW, Lynnwood, WA 98036

(206) 579-2566

Lindgren Jewelry

920 187th Pl SW, Lynnwood, WA 98036

(206) 391-6224

Creighton Jewelry & Loans

16404 Highway 99, Lynnwood, WA 98037

(425) 743-0400

Jerry's Jewelry & Loans

19811 Highway 99, Lynnwood, WA 98036

(425) 776-6003

Pawn Fathers Inc

6417 Evergreen Way, Everett, WA 98203, Lynnwood, WA 98037

(425) 743-7296

Ben Bridge Jewelers

3000 184th St SW Ste 320, Lynnwood, WA 98037

(425) 771-7227

Zales

3000 184th St SW, Lynnwood, WA 98037

(425) 771-7525

Emma Parker & Co.

19109 36th Ave W, Lynnwood, WA 98036

(425) 939-2650

Shane Co.

18833 28th Ave W, Lynnwood, WA 98036

(425) 774-8400

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.