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 Paul 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.

Janis Jewelry & Gifts

718 E 1st St, Newberg, OR 97132

(503) 537-8826

Fred Meyer Jewelers

3300 Portland Rd, Newberg, OR 97132

(503) 537-1365

The Gem Nitch

310 E 1st St, Newberg, OR 97132

(503) 554-5997

Ken's Jewelers

707 E 1st St, Newberg, OR 97132

(503) 538-1347

Newberg Jewelry Studio & Sup

2401 E Hancock St, Newberg, OR 97132

(503) 554-0455

Actually Paper Beads

2902 E 2nd St Unit 73, Newberg, OR 97132

(503) 680-4050

belles jewelry & secondhand

219 washington st, lafayette, OR 97127

(503) 857-0486

Zales

1001 N Arney Rd Ste 834, Woodburn, OR 97071

(503) 982-6091

Helzberg

1001 N Arney Rd Ste 1018, Woodburn, OR 97071

(503) 981-1417

Zales

1001 N Arney Rd Ste 834, Woodburn, OR 97071

(503) 982-6091

Piper's Jewelry Store

1537 Mount Hood Ave # 106, Woodburn, OR 97071

(503) 982-1321

Piper's Jewelry Store

1727 Mount Hood Ave, Woodburn, OR 97071

(503) 982-1321

Swarovski

1001 N Arney Rd Ste 406, Woodburn, OR 97071

(503) 981-1038

Vic's Jewelry

1032 N Pacific Hwy, Woodburn, OR 97071

(503) 982-8070

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.