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 Norco 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.

Diamond Mind Jewelers

2508 Hamner Ave, Norco, CA 92860

(951) 735-7447

Gold Fever US

3179 Hamner Ave, Norco, CA 92860

(951) 582-0555

Gold Max USA

110 Hidden Valley Pkwy # E, Norco, CA 92860

(877) 465-3629

Norco Loan and Jewelry

2634 Hamner Ave, Norco, CA 92860

(951) 736-7713

Pawn Emporium

2634 Hamner Ave, Norco, CA 92860

(951) 736-7713

Corona Coin

1066 W 6th St, Corona, CA 92882

(951) 271-7641

Top Dollar Gold Exchange

42030 Main St, Temecula, CA 92590

(800) 951-1774

Gold Silver US

107 N McKinley St, Corona, CA 92879

(951) 272-2050

Gold Store

1510 W 6th St # 101, Corona, CA 92882

(909) 575-7157

Corona Coin

1066 W 6th St, Corona, CA 92882

(951) 271-7641

All Valley Coin & Jewelry

28480 Old Town Front St # B, Temecula, CA 92590

(951) 757-0334

Granny's Attic

28450 Felix Valdez Ave Ste C, Temecula, CA 92590

(951) 699-9449

Temecula Gold and Jewelry Exchange

27487 Jefferson Ave, Temecula, CA 92590

(951) 676-9900

Cash For Gold Temecula Get The Most Cash For Your Gold

27574 Commerce Center Dr, Ste 135, Temecula, CA 92590

(951) 220-5184

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.