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 Weston 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.

Bead Beguiled

65 Cavalry Rd, Weston, CT 06883

(203) 227-5264

Connecticut Gold & Silver

23 Danbury Rd, Wilton, CT 06897

(203) 834-9626

Wilton Jewelers

300 Danbury Rd Ste 302, Wilton, CT 06897

(203) 210-7026

Campus Jewelers

5 River Rd Ste 20, Wilton, CT 06897

(203) 762-7644

Sasimar Design

308 Mountain Rd, Wilton, CT 06897

(203) 761-1485

Breitling USA Inc

206 Danbury Rd Ste 1, Wilton, CT 06897

(203) 762-1180

Bella & Co

26 Cannon Rd, Wilton, CT 06897

(203) 529-3110

Totally Out Of Hand

48 Reilly Rd, Easton, CT 06612

(203) 445-1953

Sam Sloat Coins Inc.

606 Post Rd E, Westport, CT 06880

(800) 243-5670

Francois du Pont Jewelers

SCONSET Square #6, Westport, CT 06880

(203) 226-9804

Glen Leroux Antiques Inc

56 Riverside Ave, Westport, CT 06880

(203) 349-4471

Lux Bond & Green

136 Main St Ste 4, Westport, CT 06880

(203) 227-1300

The Silver Ribbon

275 Post Rd E Ste 3, Westport, CT 06880

(203) 226-9320

Dovecote Sixty Two

62 Post Rd E, Westport, CT 06880

(203) 222-7714

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.