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 Slinger 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.

Maus Jewelers

930 S Main St, West Bend, WI 53095

(262) 334-2277

M & H Design

131 N Main St, West Bend, WI 53095

(262) 334-3459

Kesslers Diamonds

N96W16920 County Line Rd, Germantown, WI 53022

(262) 251-4570

The Silver Shop

W156 N11070 Pilgrim Rd, Germantown, WI 53022

(262) 255-0370

Andrey's Fine Jewelry

N64W24678 Silver Spring Dr, Sussex, WI 53089

(262) 820-3540

J & T Coins

197 Hill Ct # 1, Hartland, WI 53029

(262) 354-3020

Silver Spring Coin & Gem

N56W6351 Center St Ste 1, Cedarburg, WI 53012

(262) 228-0619

Silver Spring Coin & Gem

N56 W 6351 Center, Cedarburg, WI 53012

(262) 377-7855

Armbruster Jewelers

W62 N620 Wash Av, Cedarburg, WI 53012

(262) 377-0480

Wyndrose Fine Jewelry Inc

W62 N 600 Wash Av, Cedarburg, WI 53012

(262) 375-1920

Armbruster Jewelers

W62N620 Washington Ave, Cedarburg, WI 53012

(262) 377-0480

Wyndrose Fine Jewelry

W62N600 Washington Ave, Cedarburg, WI 53012

(262) 375-1920

Jewelry Works

W63N706 Washington Ave, Cedarburg, WI 53012

(262) 377-9010

Pagoda Fine Jewelry

N58W6189 Columbia Rd, Cedarburg, WI 53012

(262) 376-8730

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.