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 New Kensington 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.

Direct Jewelry Outlet

3700 Old William Penn Hwy, Murrysville, PA 15668

(724) 493-6822

Collectible Art

4884 Cole Rd, Murrysville, PA 15668

(724) 733-7877

Raymond Wasosky & Co.

3002 Settlers Ct, Murrysville, PA 15668

(724) 325-3763

Bobbie's Jewelers

173 Columbia Ave, Vandergrift, PA 15690

(724) 567-6483

Atlantic Gold Exchange

4099 William Penn Hwy Ste 104, Monroeville, PA 15146

(412) 646-4520

The Gold Buyers of Pittsburgh

4004 William Penn Hwy, Monroeville, PA 15146

(412) 229-8379

Koleman & Company Inc

130 Mall Circle Dr, Monroeville, PA 15146

(412) 372-0727

Zales

200 Monroeville Mall, Monroeville, PA 15146

(412) 856-2221

Zales

122 Monroeville Mall, Monroeville, PA 15146

(412) 856-2221

Dapel Jewelers

3766 William Penn Hwy, Monroeville, PA 15146

(412) 856-1380

Avnir International

4232 Northern Pike Ste 302, Monroeville, PA 15146

(412) 856-8600

Gordon's Jewelers

201 Monroeville Mall, Monroeville, PA 15146

(412) 372-6828

Cornerstone Creations

232K Monroeville Mall, Monroeville, PA 15146

(412) 721-8818

Kay Jewelers

200 Mall Circle Dr Unit B4, Monroeville, PA 15146

(412) 372-8151

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.