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 Stump Creek 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.

Sandys Fashion Jewelry

1326 Spring Rd, Reynoldsville, PA 15851

(814) 427-2710

Beatty Paul Jewelers

120 W Mahoning St, Punxsutawney, PA 15767

(814) 938-7590

David R Setree

485 Harmony Rd, Punxsutawney, PA 15767,, Punxsutawney, PA 15767

(814) 938-7372

David R Satree

STATE Route 310, Punxsutawney, PA 15767

(814) 938-7372

Gold Buyers At The Mall

5522 Shaffer Rd, Du Bois, PA 15801

(814) 371-1424

Ben Rossi Jewelers

46 W Long Ave, Du Bois, PA 15801

(814) 371-2787

Kay Jewelers

5522 Shaffer Rd, Du Bois, PA 15801

(814) 371-4051

Gordon's Jewelers

2255 Ace Valley Rd Ste 33, Du Bois, PA 15801

(814) 371-5551

Gordon's Jewelers

690 Shaffer Rd, Du Bois, PA 15801

(814) 371-5551

The Cash For Gold Store

5760 Shaffer Road, Dubois, PA 15801

(724) 889-7877

Zalno's Jewelers

101 N 3rd St, Clearfield, PA 16830

(814) 765-4002

Best Jewelers

712 River Rd, Clearfield, PA 16830

(814) 765-9201

Jewelry Shop

309 Broad St, New Bethlehem, PA 16242

(814) 275-2228

The Cash for Gold Store

800 Center 855 Main Street, Clarion, PA 16214

(724) 889-7877

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.