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 Wellington 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.

My Favorite Bead Store

9062 Trailhead Ln, Wellington, CO 80549

(970) 223-2191

Golden Nugget Gold Buyers

2716 S College Ave, Fort Collins, CO 80525

(970) 672-8306

Noble House Precious Investments

7800 S Highway 287, Fort Collins, CO 80525

(970) 616-4167

Prospectors Gold & Gems Refining

309 S Summit View Dr #16, Fort Collins, CO 80524

(970) 797-0435

First American Monetary Inc

2900 S College Ave # 2A, Fort Collins, CO 80525

(970) 223-4962

Aspen Gold Co Inc

3714 Copper Spring Dr, Fort Collins, CO 80528

(970) 460-3019

Gold & Silver Buyers

2407 S College Ave, Fort Collins, CO 80525

(719) 560-9300

Corner Coins & Jewelry Inc

426 Remington St, Fort Collins, CO 80524

(970) 672-1349

Timothy's Of Colorado

2310 E Harmony Rd Ste 102, Fort Collins, CO 80528

(866) 999-3755

Coins Unlimited

2614 Powell Pl, Fort Collins, CO 80526

(970) 223-2401

Top Dollar Gold

115 E Harmony Rd, Fort Collins, CO 80525

(970) 223-0405

EZ Pawn

246 N College Ave, Fort Collins, CO 80524

(970) 498-8901

Checkmate

2030 S College Ave, Fort Collins, CO 80525

(970) 530-1271

NoCo Gold & Diamond

2057 Vermont Drive, Suite 101, Fort Collins, CO 80525

(970) 658-0488

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.