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 Naalehu 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.

MoaniLahi Designs

79-7199 Mamalahoa Hwy, Holualoa, HI 96725

(877) 783-1853

Maui Divers Jewelry

83-5427 Mamalahoa Hwy, Captain Cook, HI 96704

(808) 328-1313

In The Tropics-Jewelry of The Pacific

78-6831 Alii Dr, Kailua Kona, HI 96739

(808) 324-0492

Wally's Watch Svc

79-7393 Mamalahoa Hwy, Kealakekua, HI 96750

(808) 322-3111

Golden Egg Cash Assets

75-5629 Kuakini Hwy Suite N, Kailua Kona, HI 96740

(808) 331-8910

Kamaaina Diamond Co

75-1027 Henry St Unit 113, Kailua Kona, HI 96740

(808) 331-1904

Cummings Goldsmith

75-6129 Alii Dr, Kailua Kona, HI 96740

(808) 331-2226

Gordon's Jewelers

74-5589 Alapa St Ste 201, Kailua Kona, HI 96740

(808) 329-1576

Hawaii Titanium Ring Gallery

75-5744 Alii Dr Ste 190, Kailua Kona, HI 96740

(808) 329-8980

Tropical Sale Unlimited

75-6129 Alii Dr, Kailua Kona, HI 96740

(808) 326-1399

Nalani's Creations

75-5759 Alii Dr, Kailua Kona, HI 96740

(808) 325-6198

Big Island Jewelers

75-5695 Alii Dr # A, Kailua Kona, HI 96740

(808) 329-8571

Maui Divers Jewelry

75-5597 Palani Rd Ste A, Kailua Kona, HI 96740

(808) 329-6682

Goldfish Jewelry

75-5663 Palani Rd Ste I, Kailua Kona, HI 96740

(808) 326-2566

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.