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 Pico Rivera 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.

Speedy Cash

8701 Washington Blvd, Pico Rivera, CA 90660

(562) 656-3827

Dan Goldman's Cash For Gold

9516 Whittier Blvd, Pico Rivera, CA 90660

(562) 948-5425

Goldman Diamond Exchange

9516 Whittier Blvd #100, Pico Rivera, CA 90660

(562) 528-0705

Quick Cash Buyers, Inc.

7307 greenleaf Ave, Whittier, CA 90602

(562) 698-4653

AAA Gold Exchange

13403 Lambert Rd, Whittier, CA 90605

(562) 696-3769

Brown's Whittier Jewelry & Loan

7029 Greenleaf Ave, Whittier, CA 90602

(562) 945-9724

Whittier Loan & Jewelry

13575 Whittier Blvd, Whittier, CA 90605

(562) 696-0370

Speedy Cash

13545 Florence Ave, Whittier, CA 90601

(562) 273-4521

Whittier Coins

6739 Greenleaf Ave, Whittier, CA 90601

(562) 945-8934

Precious Metal Consultants Inc

7132 Glengarry Ave, Whittier, CA 90606

(562) 695-0925

Arts Jewelry & Loan

6542 Greenleaf Ave, Whittier, CA 90601

(562) 696-7755

Sunset Gold Collective

12139 Slauson Ave, Santa Fe Springs, CA 90670

(562) 698-3444

Palms Jewelers & Pawn

14156 Rosecrans Ave #C, Santa Fe Springs, CA 90670

(562) 802-7296

B G Loan & Jewelry Co

7520 Eastern Ave, Bell Gardens, CA 90201

(562) 927-7296

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.