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 Wallsburg 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.

Scott James Jewelry

720 west 100 south, Heber City, UT 84032

(435) 654-5661

Oz's Jewelry And Loan

150 N Main St Suite 104, Heber City, UT 84032

(435) 657-3987

Ellie Collection

1170 Millers Ct, Heber City, UT 84032

(801) 201-8261

Southwest Indian Traders

550 N Main St, Heber City, UT 84032

(435) 645-9177

American Coin

1170 S State St, Orem, UT 84097

(385) 309-1621

Check City

15 S State St, Orem, UT 84058

(801) 221-9090

Cash America Pawn

1655 S State St, Orem, UT 84097

(801) 224-7101

EZ Pawn

1666 S State St, Orem, UT 84097

(801) 404-5660

Cash America Pawn

1655 S State St, Orem, UT 84097

(888) 984-3442

Zales

Suite B 30, Orem, UT 84097

(801) 224-0521

Zales

1300 S State St # B30, Orem, UT 84097

(801) 224-0821

Kay Jewelers

575 E University Pkwy Suite A16, Orem, UT 84097

(801) 226-3200

Jared - Galleria of Jewelry

531 E University Pkwy, Orem, UT 84097

(801) 225-4216

Cable Car Couture Image Consulting

P.O. Box 971432, Orem, UT 84097

(801) 851-0055

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.