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 Raeford 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.

Mustard Seed Jewelry Co

4305 Calloway Rd, Raeford, NC 28376

(910) 848-2333

Kinlaw Jewelry Store

124 N Main St, Raeford, NC 28376

(910) 875-3553

Lilley Pad Monogramming & Gifts

415 Harris Ave, Raeford, NC 28376

(910) 875-6111

SeoBliss

136 Vicky Ln Raeford Nc 28376, Raeford, NC 28376

(910) 318-6363

Kinlaw Jewelry Store

124 E Main St, Lumber Bridge, NC 28357

(910) 875-3553

McNeill Jewelers

Highway 211, Red Springs, NC 28377

(910) 843-3254

Numisnetwork

111 Connor Dr, Red Springs, NC 28377

(910) 774-4753

Jims Gems & Gold

10327 Nc Highway 211 E # 1, Aberdeen, NC 28315

(910) 944-3703

Walls Jewelers

800 N Sandhills Blvd, Aberdeen, NC 28315

(910) 944-0852

Carolina Coins & Gold

800 N Sandhills Blvd, Aberdeen, NC 28315

(910) 944-0808

Aberdeen Bead Company

105 W South St,, Aberdeen, NC 28315

(910) 944-1212

Honeycutt Jewelers

110 NW Broad St, Southern Pines, NC 28387

(910) 684-3930

Fiskin & Fiskin Jewelers

280 NW Broad St, Southern Pines, NC 28387

(910) 692-1717

Sheer Jeffrey Alan

145 1/2 E Pennsylvania Ave, Southern Pines, NC 28387

(910) 693-0331

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.