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 Ocean View 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.

Morton Gems Intl

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

(808) 331-2001

Royal Hawaiian Heritage Jewelry

74-5586 Palani Rd Ste 15, Kailua Kona, HI 96740

(808) 326-7599

Pacific Gold Jewelry

75-5782 Kuakini Hwy Ste 2B, Kailua Kona, HI 96740

(808) 326-9008

Da Hock Shop

74-5563 Kaiwi St # 131, Kailua Kona, HI 96740

(808) 329-1500

Dungate Enterprises

75-5725 Alii Dr Ste A, Kailua Kona, HI 96740

(808) 329-8434

Blue Water Fantasies Inc

75-5770 Alii Dr Ste K1, Kailua Kona, HI 96740

(808) 329-2970

Aloha Toe Rings

75-5744 Alii Dr Ste 117, Kailua Kona, HI 96740

(808) 326-1782

Pearl Gallery

75-5695 Alii Dr Ste D, Kailua Kona, HI 96740

(808) 326-2667

Mauna Kai

73-5568 Kauhola St Ste 6, Kailua Kona, HI 96740

(808) 329-3488

Maui Divers Jewelry

78-128 Ehukai St Ste 3, Kailua Kona, HI 96740

(808) 324-7979

Hidden Treasures

75-5699 Alii Dr, Kailua Kona, HI 96740

(808) 329-9774

Da Bead Shop

75-5626 Kuakini Hwy Ste B4, Kailua Kona, HI 96740

(808) 331-2161

Gemfire

75-5744 Alii Dr Ste 111, Kailua Kona, HI 96740

(808) 329-4838

Hildgund Jewelers

100 Kaupulehu Dr, Kailua Kona, HI 96740

(808) 325-0606

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.