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 West Harwich 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.

Harwich Antiques Center

10 main street/route 28, West Harwich, MA 02671

(508) 432-4220

Sativa

517 Route 28, Harwich Port, MA 02646

(508) 430-4410

Monahan & Co Fine Jewelers

540 Route 28, Harwich Port, MA 02646

(508) 432-3302

Jewelry Inspirations Workshop

276 Main St, West Dennis, MA 02670

(508) 619-4855

Jewelry by Etta

530 Main Street Rt 28, West Dennis, MA 02670

(508) 394-8964

Etta Jewelry

530 Main St, West Dennis, MA 02670

(508) 394-8964

Smith's Time Shop

467 Main St, West Dennis, MA 02670

(508) 398-0848

Raga New York Inc

33 Sequattom Rd, Harwich, MA 02645

(508) 430-4007

Monahans Jewelers

540 Main St, Harwich, MA 02645

(508) 432-3302

Labors of Love Designs

PO Box 1365, Harwich, MA 02645

(508) 432-5107

Adrene Jewelers

1198 Route 28, South Yarmouth, MA 02664

(508) 394-0470

Bass River Coins

1345 Route 28, South Yarmouth, MA 02664

(508) 394-7353

Adrene Jewelers

1198 Route 28, South Yarmouth, MA 02664

(508) 394-0470

Yarmouth Jewelers

1086 Old Main St, South Yarmouth, MA 02664

(508) 394-3637

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.