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 Staley 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.

Silver Dollar Gun & Pawn Inc

6787 Jordan Rd, Ramseur, NC 27316

(336) 824-8989

BDBD (Bead Designs by Debbie)

455 Colony St, Siler City, NC 27344

(919) 548-1432

Rick's Jewlers

123 Siler Xing, Siler City, NC 27344

(919) 742-1232

Sophie's Style

225 Still Waters Dr, Siler City, NC 27344

(919) 742-4443

Alvardo Jewelry

1334 E 11th St, Siler City, NC 27344

(919) 663-1365

Alvardo, Ignacio

1334 E 11th St, Siler City, NC 27344

(919) 663-1783

Gold Exchange

14215 US Highway 64 W, Siler City, NC 27344

(919) 663-7100

My Accessory Addiction

6336 Cotton Rd, Snow Camp, NC 27349

(336) 263-9614

Cox's Custom Jewelers

2444 Spero Rd, Randleman, NC 27317

(336) 672-7175

Nease Jewelry

122 S Main St, Randleman, NC 27317

(336) 495-0238

Sandhills Collectibles

8239 US Highway 220 Bus N, Randleman, NC 27317

(336) 498-5417

ncpicker.com

1085 lonnie fields rd, bear creek, NC 27207

(919) 880-0275

US Picker Antique & Collectibles Buyer

1085 Lonnie Fields Rd., Bear Creek, NC 27207

(919) 880-0275

Kay Jewelers

64 E Dixie Dr, Asheboro, NC 27203

(336) 629-4993

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.