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 Star 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.

Cash Max

551 West Commerce St STE A, Brownwood, TX 76801

(325) 641-1517

Brownwood Gold & Silver Exch

110 N Fisk Ave, Brownwood, TX 76801

(325) 642-1084

EZ Pawn

209 W Commerce St, Brownwood, TX 76801

(325) 646-1887

American Patriot Gold and Silver

306 E 2nd St, Lampasas, TX 76550

(512) 771-1602

EZ Pawn

1420 E Highway 190, Copperas Cove, TX 76522

(254) 547-4214

Silver Linings

1501 Alan Arbor Ln, Copperas Cove, TX 76522

(254) 547-7864

Jim's Jewelry

103 W Main St, Llano, TX 78643

(325) 247-5055

Salem's Jewelry

101 S Water St, Burnet, TX 78611

(512) 756-8748

EZ Pawn

103 N Lutterloh Ave, Gatesville, TX 76528

(254) 865-9198

Swindle Jewelry

2900 W Washington St Ste 23, Stephenville, TX 76401

(254) 968-6110

South Loop Pawn and Hobby Shop

1680 W South Loop, Stephenville, TX 76401

(866) 629-8635

Golden Nugget Pawn Shop

2106 W Washington St, Stephenville, TX 76401

(855) 241-7191

Texas Coin Connection

108 E Fm 2410 Rd # G, Harker Heights, TX 76548

(254) 699-2646

Texas Coin Connection

108 W Fm 2410 Rd, Harker Heights, TX 76548

(254) 699-2646

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.