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 Taylorsville 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.

Antiques And Pawn

80 W Main Ave, Taylorsville, NC 28681

(828) 848-4533

Bentley Jewelers

200 W Main Ave, Taylorsville, NC 28681

(828) 632-5300

Mitchell Gold Co

6736 Millersville Rd, Taylorsville, NC 28681

(828) 632-9200

Mr Gs Pawn & Trade

81 E Main Ave, Taylorsville, NC 28681

(828) 632-7727

Genesis Jewelry

69 E Main Ave, Taylorsville, NC 28681

(828) 635-0293

The Mitchell Gold Company

375 Sharpe Ln, Hiddenite, NC 28636

(828) 635-0199

FPS Pawn Shop

205 Main Ave NE, Hickory, NC 28601

(828) 328-3778

Foothills Jewelry & Loan Inc

2619 1st Ave SW, Hickory, NC 28602

(828) 449-8269

Kay Jewelers

1960 US Highway 70 SE Space 238, Hickory, NC 28602

(828) 328-8470

Bisanar Co Jewelers

226 Union Sq NW, Hickory, NC 28601

(828) 322-5090

Gold & Silver Assay

4996 Hickory Blvd, Hickory, NC 28601

(828) 212-1213

Insta-Cash Pawn & Jewelry Inc

1511 Highland Ave NE, Hickory, NC 28601

(828) 358-0309

Oz's Jewelers

1839 12th Ave NE, Hickory, NC 28601

(828) 328-5565

Silver Time

1960 US Highway 70 SE, Hickory, NC 28602

(828) 322-8428

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.