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 River 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.

Hold The Light

60 Main St Ste 3, South River, NJ 08882

(732) 238-2008

St Mark Jewelry

52 Main St, South River, NJ 08882

(732) 447-8017

Wires and Me

342 Washington Rd., Sayreville, NJ 08872

(732) 654-2584

Rt 9 Cash For Gold Buyers

960 Rt 9 South, Sayreville, NJ 08872

(732) 727-4653

Greenhaus Jewelers

120 Main St, Sayreville, NJ 08872

(732) 254-1111

Aida's Gifts

152 Boehmhurst Ave, Sayreville, NJ 08872

(732) 234-3182

National Estate Jewelry Buyers LTD

275 State Route 18, East Brunswick, NJ 08816

(732) 257-4653

Fred Meyer Jewelers

755 State Route 18 # 900, East Brunswick, NJ 08816

(732) 390-5666

American Jewelry Supply Inc

16 Edgeboro Rd Unit 1, East Brunswick, NJ 08816

(732) 432-0101

Avenue

233 State Route 18 Ste 23, East Brunswick, NJ 08816

(732) 745-2856

East Brunswick Gold Exchange

748 State Route 18, East Brunswick, NJ 08816

(732) 801-7610

K M Design Jewels Inc

15 Wellington Rd, East Brunswick, NJ 08816

(732) 254-4800

Piercing Pagoda

755 State Route 18 Ste H, East Brunswick, NJ 08816

(732) 238-2932

Hot Accesories

755 State Route 18, East Brunswick, NJ 08816

(732) 432-0055

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.