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 Tennyson 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.

Mike's Gold Buyers

4130 Sherwood Way, San Angelo, TX 76901

(325) 617-2984

Cano's Diamonds

1016 W Beauregard Ave, San Angelo, TX 76901

(325) 944-2021

Action Pawn

1718 S Bryant Blvd, San Angelo, TX 76903

(512) 379-2029

Zales

1158 Sunset Mall, San Angelo, TX 76904

(325) 944-2595

Zales

4001 Sunset Dr # 1008, San Angelo, TX 76904

(325) 944-2595

Gordon's Jewelers

4001 Southwest Blvd, San Angelo, TX 76904

(325) 944-8664

Luis Reyes Rare Coins and Collectibles

2220 Sherwood Way, San Angelo, TX 76901

(325) 227-4808

San Angelo Stamp & Coin

4106 Sherwood Way Ste 8, San Angelo, TX 76901

(325) 947-1685

Jewelry Doctor

2211 W Beauregard Ave, San Angelo, TX 76901

(325) 223-1100

Rare Coins & Collect

2220 Sherwood Way, San Angelo, TX 76901

(325) 227-4808

EZ Pawn

2018 S Bryant Blvd, San Angelo, TX 76903

(325) 658-6444

EZ Pawn

3101 Sherwood Way, San Angelo, TX 76901

(325) 942-8789

Culwell Brian

309 NE Georgia Ave, Sweetwater, TX 79556

(325) 235-2400

Big Country Gold Exchange

1313 S Crockett Dr, Abilene, TX 79605

(325) 513-2743

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.