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 Washington Court House 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.

Cashland

1149 E Temple St, Washington Court House, OH 43160

(740) 239-3963

Kay Jewelers

1359 Leesburg Ave, Washington Court House, OH 43160

(740) 335-6971

Jewelry Repair Plus

107 W Court St, Washington Court House, OH 43160

(740) 335-9004

Fox Jewelers

543 Clinton Ave, Washington Court House, OH 43160

(740) 335-5224

Boylan Jewelers

112 W Court St, Washington Court House, OH 43160

(740) 335-1401

Ultra Diamonds

8185 Factory Shops Blvd Ste 40, Jeffersonville, OH 43128

(740) 948-2070

Armada Coin Co

1037 Rombach Ave., Wilmington, OH 45177

(937) 805-4079

Rome Jewelers

34 N South St, Wilmington, OH 45177

(937) 382-3646

International Dial Inc

58 W Sugartree St, Wilmington, OH 45177

(937) 382-4535

Patterry Collectibles and Gifts

164 E Locust St, Wilmington, OH 45177

(937) 382-7054

Cashland

850 Rombach Ave, Wilmington, OH 45177

(937) 556-6020

Wilmington Coin Shop

1037 Rombach Ave., Wilmington, OH 45177

(937) 805-4079

Money Jewelry Vaults

236 E Sugartree St, Wilmington, OH 45177

(937) 366-6391

Deborah's Attic

51 N Main St, Cedarville, OH 45314

(937) 766-3838

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.