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 Pole 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.

Gold Rush Fine Jewelry

531 2nd Ave, Fairbanks, AK 99701

(907) 456-4991

General Refining Corp

516 2nd Ave Ste 409, Fairbanks, AK 99701

(907) 374-3936

Alaska Rare Coins

551 2nd Ave Ste B, Fairbanks, AK 99701

(907) 452-6461

Bishop's Jewelry Gallery

1440 University Ave S, Fairbanks, AK 99709

(907) 479-7001

Oxford Assaying Metal Quotes

PO Box 10, Fairbanks, AK 99710

(907) 452-7858

Fishing For Gold

4108 Birch Ln, Fairbanks, AK 99709

(907) 479-7001

Gold Rush Estates

3350 Thomas St, Fairbanks, AK 99709

(907) 479-3783

Expressions In Glass

1922 Peger Rd, Fairbanks, AK 99709

(907) 474-3923

Gold Rush Fine Jewelry

531 2nd Ave, Fairbanks, AK 99701

(907) 456-4991

Taylor's Gold-N-Stones Inc

3578 Airport Way Suite B, Fairbanks, AK 99709

(907) 456-8369

Zales

32 College Rd Ste 15, Fairbanks, AK 99701

(907) 456-1829

Fred Meyer Jewelers

930 Old Steese Hwy Ste A, Fairbanks, AK 99701

(907) 459-4215

Origami Owl-Tamarack Brottem, Independent Designer

610 Eastview Dr, Fairbanks, AK 99712

(907) 388-0488

Kay Jewelers

32 College Rd Space 22M, Fairbanks, AK 99701

(907) 452-5081

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.