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 Temple Hills 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.

Toni's Creative Touch

6343 Old Branch Ave, Temple Hills, MD 20748

(301) 449-8664

A7

2517 Olson St, Temple Hills, MD 20748

(301) 899-1613

Q Accessories

3839 Branch Ave, Temple Hills, MD 20748

(301) 316-4547

Gold For Good

4812 Saint Barnabas Rd, Temple Hills, MD 20748

(301) 730-3024

Best Pawn

4305 Saint Barnabas Rd, Temple Hills, MD 20748

(301) 423-1700

Gold Plaza

3737 Branch Ave Ste 4, Temple Hills, MD 20748

(301) 423-7001

Suitland Pawnbrokers

4658 Suitland Rd, Suitland, MD 20746

(301) 420-3518

Best Pawn

4819 Allentown Rd, Suitland, MD 20746

(301) 568-1200

Sunny Custom Jewelry

5013 Indian Head Hwy, Oxon Hill, MD 20745

(301) 567-4828

Helzberg

6800 Oxon Hill Rd, Oxon Hill, MD 20745

(301) 839-3288

Kay Jewelers Outlet

6800 Oxon Hill Rd Suite 890, Oxon Hill, MD 20745

(301) 749-0456

Swarovski

189 Waterfront St, Oxon Hill, MD 20745

(301) 839-3084

Rivertown Jewelers

6105 Oxon Hill Rd, Oxon Hill, MD 20745

(301) 567-8157

Royal Jewelry

6192 Greenbelt Rd, Greenbelt, MD 20770

(301) 345-1818

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.