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 Rose 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.

Sherry Lynns Jewelry

PO Box 431, Ortonville, MI 48462

(248) 627-6133

Diamond In the Rough

12745 S Saginaw St, Grand Blanc, MI 48439

(810) 344-6472

Palace Jewelers

11303 S Saginaw St, Grand Blanc, MI 48439

(810) 694-4350

Elegance Etc

1213 Cool Ridge Dr, Grand Blanc, MI 48439

(810) 695-6457

Grand Jewelers

8185 Holly Rd Ste 8, Grand Blanc, MI 48439

(810) 603-0055

Zales

3521 Linden Rd, Grand Blanc, MI 48439

(810) 230-2489

All Occasion Jewelry

6339 Knob Bend Dr, Grand Blanc, MI 48439

(810) 275-5760

Milford Jewelers Inc

441 N Main St, Milford, MI 48381

(248) 676-0132

Motif Jewelers

441 N. Main St., Milford, MI 48381

(248) 676-0721

Matticrafts

1945 Stafford St, Milford, MI 48381

(248) 773-2872

Rottermond Jewelers

351 N Main St, Milford, MI 48381

(248) 685-1150

Jeffrey Allen Jewelers Inc

411 N Main St, Milford, MI 48381

(248) 684-4483

Commerce Jewelry & Loan

3195 Union Lake Rd, Commerce Township, MI 48382

(248) 363-8310

Commerce Jewelry & Loan

3195 Union Lake Rd, Commerce Township, MI 48382

(248) 363-8310

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.