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 South Houston 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.

Lone Star Gold and Silver Buyers

1502 College Ave., South Houston, TX 77587

(281) 900-4575

Texas Gold & Silver Group - Pasadena

1418 spencer Hwy. Suite B, South Houston, TX 77587

(713) 378-0500

Accu-Tyme

915 College Ave Ste D, South Houston, TX 77587

(713) 946-0901

Cash America Pawn

910 Spencer Hwy, South Houston, TX 77587

(888) 906-8403

Houston Precious Metals

909 Chartres St, Houston, TX 77003

(713) 228-3931

Times Past Rare Coins & Antique Jewelers

6222 Richmond Ave Ste 540, Houston, TX 77057

(713) 489-2559

Houston Numismatic Exchange Inc

2486 Times Blvd, Houston, TX 77005

(713) 766-3596

U S Coins & Jewelry

8435 Katy Fwy, Houston, TX 77024

(713) 454-7358

Royal Coins

4658 Beechnut St, Houston, TX 77096

(832) 850-4412

Houston Coin Buyer

1330 Westheimer Rd, Houston, TX 77006

(713) 521-1748

Gold & Silver Buyers

5607 Uvalde Rd, Houston, TX 77049

(281) 454-5401

Gold & Silver Buyers

5085 Westheimer Rd Ste 4600, Houston, TX 77056

(713) 626-5200

Liquid Bullion CAC

9186 Katy Fwy, Houston, TX 77055

(713) 827-1980

Gold & Silver Buyers

2678 S Gessner Rd, Houston, TX 77063

(713) 781-6111

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.