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 Pettigrew 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.

EZ Pawn

146 W Main St, Clarksville, AR 72830

(479) 754-8021

Towson Gold Silver & Coin

1138 S Rogers St, Clarksville, AR 72830

(479) 647-3146

Phil's Jewelry

304 W Main St, Clarksville, AR 72830

(479) 754-8155

One Dollar Jewelry Galore Inc

1229 E Market St, Clarksville, AR 72830

(479) 705-0223

Lee Ann's Fine Jewelry of Clarksville

1134 S Rogers St, Clarksville, AR 72830

(479) 754-1120

General Store & Pawn Inc

1400 W Main St, Clarksville, AR 72830

(479) 754-6610

Rick's Gun & Pawn

23022 W Commercial St, Ozark, AR 72949

(479) 667-5420

Diamond A Designs

459 Diamond A Pl, Lamar, AR 72846

(479) 754-1559

Alpena Crystals

116 hwy 62 east, Alpena, AR 72611

(479) 340-7764

Cash For Gold

4004 N College Ave, Fayetteville, AR 72703

(479) 251-1855

Big Al's Pawn Shop

1153 S School Ave, Fayetteville, AR 72701

(479) 442-6597

NWA Gold & Silver

745 E Joyce Blvd Ste 106, Fayetteville, AR 72703

(479) 935-4500

Fayetteville Precious Metal Exchange

3021 N College Ave, Fayetteville, AR 72703

(479) 301-2438

Coin & Currency Emporium

2914 N College Ave, Fayetteville, AR 72703

(479) 521-4141

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.