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 Saint Joseph 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.

Hudson's Jewelry Shop

725 Market St, Port Gibson, MS 39150

(601) 437-5061

D L Hollis Co

2190 Ee Wallace Blvd N, Ferriday, LA 71334

(318) 757-3122

Miss Lou Pawn

6476 Highway 84 E, Ferriday, LA 71334

(318) 336-7899

Southern Gold Buyers & Sales

381 John R Junkin Dr, Natchez, MS 39120

(601) 442-4653

Zales

350 John R Junkin Dr, Natchez, MS 39120

(601) 446-5884

Netterville Jewelry

126 S Commerce St Ste 204, Natchez, MS 39120

(601) 442-9458

Mims Robert & Son Jewelers

516 Main St, Natchez, MS 39120

(601) 442-0882

Gold Center

350 John R Junkin Dr Unit 17, Natchez, MS 39120

(601) 445-8456

Garner H Hal Antiques & Interiors

610 Franklin St, Natchez, MS 39120

(601) 445-8416

E & S Variety Shop

55 Sgt Prentiss Dr # 10D, Natchez, MS 39120

(601) 442-1455

Concordia Pawn & Gun Shop

1624 Carter St, Vidalia, LA 71373

(318) 336-8925

Honey Bee Beauty Supply

3326 Front St, Winnsboro, LA 71295

(318) 435-5566

Arnett's Jewelry

400 N Cedar St, Tallulah, LA 71282

(318) 574-1741

Gulf States Coins & Precious

201 Miller St, Vicksburg, MS 39180

(601) 613-8087

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.