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 Palm Coast 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 Buyers of Palm Coast

4845 Belle Terre Pkwy Unit A2, Palm Coast, FL 32137

(904) 315-5986

Northbridge Precious Metals

1 Florida Park Dr S, Palm Coast, FL 32137

(386) 445-3200

Northbridge Gold & Silver Exchange

1 Florida Park Dr S, Palm Coast, FL 32137

(386) 445-1332

Palm Coast Gold and Coin

101 Palm Harbor Pkwy # 135, Palm Coast, FL 32137

(386) 283-4962

Leahs Jewelry & Pawn

29 Old Kings Rd Ste 4A, Palm Coast, FL 32137

(386) 246-6852

Northbridge Gold & Silver Exch

1 Florida Park Dr N, Palm Coast, FL 32137

(386) 445-1332

Npmg

1 Florida Park Dr S, Palm Coast, FL 32137

(386) 446-3200

Morin's Coins & Currency

PO Box 351090, Palm Coast, FL 32135

(603) 723-0790

Greg Lynn Jewelers

101 Flagler Plaza Dr, Palm Coast, FL 32137

(386) 439-3777

Prata Jewelers

17 Old Kings Rd N Ste N, Palm Coast, FL 32137

(386) 447-7640

Kay Jewelers

5200 E Highway 100 Suite 105, Palm Coast, FL 32164

(386) 206-9701

Silver Renfinery Gold

213 S 2nd St, Flagler Beach, FL 32136

(386) 693-4801

Peoples Jeweler

352 S US Highway 17, East Palatka, FL 32131

(386) 530-4218

Eagle International Jewelry

195 US Hwy 17 South, East Palatka, FL 32131

(386) 385-3472

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.