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 Sulphur Springs 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.

Cashland

871 Ashland Rd, Mansfield, OH 44905

(419) 589-0230

Cashland

871 Ashland Rd, Mansfield, OH 44905

(419) 216-2093

Showcase Coins & Bullion

2152 Walker Lake Rd, Ontario, OH 44903

(419) 520-7981

Kay Jewelers

660 Richland Mall Space C-9, Mansfield, OH 44906

(419) 529-3434

Fred Meyer Jewelers

1500 Lexington Ave, Mansfield, OH 44907

(419) 774-3250

Diamond Street Pawn Shop

78 N Diamond St, Mansfield, OH 44902

(855) 428-5334

Johnson Brothers' Jewelry & Loan

32 Park St S, Mansfield, OH 44902

(419) 522-7296

Miller's Diamond Jewelry

1442 Lexington Ave, Mansfield, OH 44907

(419) 756-8700

Ashcroft & Oak Jewelers

652 Richland Mall, Mansfield, OH 44906

(419) 529-3040

Tdepp Enterprises Inc

PO Box 4006, Mansfield, OH 44907

(419) 756-3962

Haring Jewelers

13 Park Ave W, Mansfield, OH 44902

(419) 522-4093

Piercing Pagoda

2209 N Lexington Springmill Rd, Mansfield, OH 44906

(419) 529-0909

Dunkin Jewelers

2289 Village Park Ct, Ontario, OH 44906

(419) 529-3043

Bobbi's Bobbles

31 Salem Rd, Mansfield, OH 44904

(419) 610-8679

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.