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 North Little Rock 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.

McCain Trading

3600 Highway 161, North Little Rock, AR 72117

(501) 945-7470

National Gold & Silver Exchange

100 E Washington Ave, North Little Rock, AR 72114

(501) 375-6789

A-1 Gun & Pawn

9122 Highway 165, North Little Rock, AR 72117

(501) 945-9405

Gold Medal Flooring

9205 Maumelle Blvd, North Little Rock, AR 72113

(501) 492-8273

Zales

3929 McCain Blvd, North Little Rock, AR 72116

(501) 758-4265

Zales

4000 McCain Blvd # J2, North Little Rock, AR 72116

(501) 588-0707

Kay Jewelers

3929 McCain Blvd Suite E05b, North Little Rock, AR 72116

(501) 771-1008

Gordon's Jewelers

3929 McCain Blvd Ste J01, North Little Rock, AR 72116

(501) 758-5442

Argenta Bead Company

703 Main Street, North Little Rock, AR 72114

(501) 537-0928

Swaffar Jewelers Inc

2512 Crestwood Rd, North Little Rock, AR 72116

(501) 758-6700

Ellis Jewelers Inc

2927 Lakewood Village Dr, North Little Rock, AR 72116

(501) 753-7267

Mahan Custom Jewelry

7103 Samples Rd Ste 2, Benton, AR 72019

(501) 794-2647

Its Your Fashion

1000 W 37th St, North Little Rock, AR 72118

(501) 379-9104

Wirt's Jewelers

6929 John F Kennedy Blvd #23, North Little Rock, AR 72116

(501) 835-8659

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.