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 Trenton 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.

Pratico Jewelers

544 Highway 33, Trenton, NJ 08619

(609) 584-1000

Pave Goldsmith & Diamonds

1957 Highway 33, Trenton, NJ 08690

(609) 588-5224

Original Pratico Jewelers

4324 S Broad St, Trenton, NJ 08620

(609) 392-6953

Franny Pratico Jewelers

971 Lalor St, Trenton, NJ 08610

(609) 599-2160

Avanzato Jewelers

2440 Whitehorse Hamilton Square Rd, Hamilton Square NJ, 08690, Trenton, NJ 08690

(609) 890-0500

Designs By Angevette

PO Box 2393, Trenton, NJ 08607

(609) 571-0690

Sendas Jewelers

1369 S Broad St, Trenton, NJ 08610

(609) 393-9999

J & J Gift Shop

1690 Nottingham Way, Trenton, NJ 08619

(609) 587-5509

Dave's Jewelers

3684 Nottingham Way, Trenton, NJ 08690

(609) 631-5383

Capital Jewelry

308 E State St, Trenton, NJ 08608

(609) 394-8272

Golden Pleasures

5 Mission Rd Ste 1, Trenton, NJ 08620

(609) 291-1313

World Wide Creations

108 Flock Rd, Trenton, NJ 08619

(609) 890-0123

Trent Jewelers

16 Edinburg Rd, Trenton, NJ 08619

(609) 584-8800

Iris Jewelry

1211 S Broad St, Trenton, NJ 08610

(609) 392-0501

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.