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 Windsor 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.

Chucks Camera Plus

555 Settlers Landing Rd, Hampton, VA 23669

(757) 509-1900

Dominion Coin Company

3304 Taylor Rd , Suite E, Chesapeake, VA 23321

(757) 793-2670

A-1 Wt Jones Coins Ltd

4200 Indian River Rd, Chesapeake, VA 23325

(757) 420-1200

Chesapeake Coin & Currency

109 Gainsborough Sq Ste Q, Chesapeake, VA 23320

(757) 436-8002

A & D Coins & Stamps

3305 Taylor Rd, Chesapeake, VA 23321

(757) 686-8314

New Castle Coins & Collectibles

681 Battlefield Blvd N # C, Chesapeake, VA 23320

(757) 609-3633

Buyer Of Collections & Estates

3305 Taylor Rd, Chesapeake, VA 23321

(757) 686-8314

Gold Shop Jewelers

3115 Western Branch Blvd # 108, Chesapeake, VA 23321

(757) 673-7765

Gold Plus Recycling

3916 Portsmouth Blvd Suite 1A, Chesapeake, VA 23321

(757) 606-1850

Tidewater Diamond

200 Battlefield Blvd N #3, Chesapeake, VA 23320

(757) 548-1258

Affordable Gold & Silver Buyers

3916 Portsmouth Blvd, Chesapeake, VA 23321

(757) 488-0383

Long Jewelers

701 Battlefield Blvd N, Chesapeake, VA 23320

(757) 436-1920

Churchland Jewelers & Pawn

3124 Western Branch Blvd Ste A, Chesapeake, VA 23321

(757) 673-6663

Greenbrier Pawn

1011 Eden Way N Ste D, Chesapeake, VA 23320

(757) 382-9066

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.