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 Sun City West 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.

Gold & Gems Unique

13576 W Camino Del Sol Ste 19A, Sun City West, AZ 85375

(623) 546-4212

Gold & Gems

13576 W Camino Del Sol, Sun City West, AZ 85375

(623) 207-9034

Cranstoun Court Jewellers

13545 W Camino Del Sol, Sun City West, AZ 85375

(623) 584-1546

Republic Monetary Exchange

4040 E Camelback Rd, Phoenix, AZ 85018

(602) 955-6500

Valley Goldmine

4600 E. Washington St. Ste 300, Phoenix, AZ 85034

(602) 445-6113

Checkmate

2950 N 32nd St # 100, Phoenix, AZ 85018

(602) 381-1100

Cash America Pawn

4620 E McDowell Rd, Phoenix, AZ 85008

(602) 225-2947

Alexias Gold Buyerz

3221 E Thomas Rd, Phoenix, AZ 85018

(602) 283-4479

American Precious Metals Inc

2850 E Camelback Rd Ste 185, Phoenix, AZ 85016

(602) 840-5500

H & S Connections LLC

3034 N 24th ST, Phoenix, AZ 85016

(602) 840-3885

Diamond Jim's

6005 N 16th St, Phoenix, AZ 85016

(602) 466-1772

16th St. Pawn

3046 N. 16th Street, Phoenix, AZ 85016

(602) 230-8693

Bux 4 Gold

4500 E Cactus Rd, Phoenix, AZ 85032

(623) 570-4166

C & C Coin and Stamp

3404 N 24th St, Phoenix, AZ 85016

(602) 553-8038

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.