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 Ragland 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.

Cash Spot

37175 US Highway 231 # 5, Ashville, AL 35953

(205) 594-7102

Silver Fox Pawn & Jewelry

76359 Al Highway 77, Lincoln, AL 35096

(205) 763-1227

Excel Gold Buyer and Web Design

313 Martin Street N, Pell City, AL 35125

(205) 525-0515

Pell City Gold & Pawn

760 Martin St S,, Pell City, AL 35128

(205) 338-6100

Griffins Jewelers

1903 Cogswell Ave, Pell City, AL 35125

(205) 884-2031

Pell City Gold & Pawn

2314 Cogswell Ave, Pell City, AL 35125

(205) 338-6100

D R Jewelry

243 US Highway 11, Springville, AL 35146

(205) 467-0222

Jewelry Express

111 Big Valley Dr Ste D, Alexandria, AL 36250

(256) 847-3655

The Gold And Silver Exchange

3422 Rainbow Dr, Rainbow City, AL 35906

(256) 467-3393

Southeastern Refining Co

341 Brown Ave, Rainbow City, AL 35906

(800) 465-3181

Rainbow Jewelry & Loan

3335 Rainbow Dr, Rainbow City, AL 35906

(256) 442-0053

Haywood Jewelers

3354 Rainbow Dr, Rainbow City, AL 35906

(256) 442-7220

Hbn Wholesale

260 Wiggins St, Rainbow City, AL 35906

(256) 952-2431

Haywood Jewelers

115 W Grand Ave, Rainbow City, AL 35906

(256) 442-7220

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.