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 Railroad 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.

Eligius Jewelers

23-B N. Main St., Shrewsbury, PA 17361

(717) 235-2478

Alexander's Jewelry

435 S Main St, Shrewsbury, PA 17361

(717) 227-0610

COUNTRY HOME AUCTION SERVICES LLC.

203 Walnut St, Glen Rock, PA 17327

(717) 880-7217

Fred Beihl, Rare Coins

46 West Pennsylvania Ave., Stewartstown, PA 17363

(717) 993-3163

Mather Coins & Currency

11 N Hill St, Stewartstown, PA 17363

(443) 507-7385

Samuel D Martin Jewelers

3125 Main St, Manchester, MD 21102

(410) 239-3644

Green Coin

20150 National Pike, Manchester, MD 21102

(410) 848-1343

Gohn Jewelers

301 N Main St Ste 1, Red Lion, PA 17356

(717) 244-8366

Ken's Koins

42 E Broadway, Red Lion, PA 17356

(717) 244-1886

R Norris & Co Fine Jewelers

663 Lombard Rd, Red Lion, PA 17356

(717) 417-1112

Shipley's Fine Jewelry

1224 N Main St, Hampstead, MD 21074

(410) 239-9477

Carter's Jewelry

16951 York Rd, Monkton, MD 21111

(410) 357-0001

All Gold Silver & Coin Exchange

91 W Main St, Windsor, PA 17366

(717) 244-5332

Gem Boutique

1243 E Market St, York, PA 17403

(717) 850-9112

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.