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 Rhome 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.

Jewels Consign & Design

305 E Rock Island Ave, Boyd, TX 76023

(940) 433-8335

Cash America Pawn

701 Boyd Rd, Azle, TX 76020

(817) 444-5626

Cash America Pawn

701 Boyd Rd, Azle, TX 76020

(817) 406-2188

Payday Advance

809 W Business 380, Decatur, TX 76234

(940) 627-8035

Cash America Pawn

450 S Highway 287 287 Ste 300, Decatur, TX 76234

(940) 539-3000

Weatherford Gold & Silver Exchange

1812 Santa Fe Dr, Weatherford, TX 76086

(817) 550-6052

Glitz N Glamour Boutique & Salon

131 W Church St #100, Weatherford, TX 76086

(817) 341-6623

Cash Corral

1709 Fort Worth Hwy, Weatherford, TX 76086

(817) 594-3100

Cowntown Gold and Silver

208 Santa Fe Dr, Weatherford, TX 76086

(817) 594-9999

Silver Mesa Jewelry Co

1513 N Main St, Weatherford, TX 76086

(817) 596-5967

Silver River

627 Palo Pinto St, Weatherford, TX 76086

(817) 599-7562

Zales

2960 E Southlake Blvd, Southlake, TX 76092

(817) 749-0059

Diamonds By Hanna

100 W Southlake Blvd Ste 152, Southlake, TX 76092

(817) 481-3540

Dallas Gold & Silver Exchange

200 N Kimball Ave, Southlake, TX 76092

(817) 722-0075

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.