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 Wikieup 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.

Crown Jewels Of Havasu

55 Lake Havasu Ave S Ste G, Lake Havasu City, AZ 86403

(928) 855-3935

Kay Jewelers

5601 Highway 95 N Ste 102, Lake Havasu City, AZ 86404

(928) 764-1201

Opals4ever.com

296 London Bridge Rd Ste A, Lake Havasu City, AZ 86403

(928) 453-1880

Marisa's Masterpiece Jewelry

3595 McCulloch Blvd N, Lake Havasu City, AZ 86406

(928) 208-6608

A-Lucky Pawn

2104 McCulloch Blvd N, Lake Havasu City, AZ 86403

(928) 505-5626

Lake Havasu Coin

56 Smoketree Ave S, Lake Havasu City, AZ 86403

(928) 680-2646

Vicki's Jewelry

2018 McCulloch Blvd N Ste D, Lake Havasu City, AZ 86403

(928) 855-8911

Wimbledon Goldsmiths

1425 McCulloch Blvd N Ste N, Lake Havasu City, AZ 86403

(928) 855-3020

Lone Eagle Studios

1101 McCulloch Blvd S, Lake Havasu City, AZ 86406

(928) 266-5943

Jackie's Discount Jewelry

2126 McCulloch Blvd N # 11, Lake Havasu City, AZ 86403

(928) 854-2411

Edgardo Jewelers

2121 McCulloch Blvd N, Lake Havasu City, AZ 86403

(928) 855-2103

Pawn World

201 E Beale St, Kingman, AZ 86401

(928) 753-3700

Gold Lady The

3582 E Gordon Dr, Kingman, AZ 86409

(928) 692-5035

Diamond Brother's Jewelers Inc.

2711 N Stockton Hill Rd Ste A, Kingman, AZ 86401

(928) 757-9229

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.