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 Yancey 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.

Steve Trevino Fine Jewelers

805 19th St Ste 2, Hondo, TX 78861

(830) 741-7078

Gold & Silver Buyers Inc

19337 McDonald St, Lytle, TX 78052

(830) 772-9997

SB Western Silver

664 River Ranch Dr, Bandera, TX 78003

(210) 218-3911

Hy O Silver

715 13th St, Bandera, TX 78003

(830) 796-7961

EZ Pawn

523 W Oaklawn Rd, Pleasanton, TX 78064

(830) 569-3279

EZ Pawn

1416 W Oaklawn Rd, Pleasanton, TX 78064

(830) 569-3384

Lone Star Gold & Silver Buyers #3

12403 Wetmore Rd Ste 103, San Antonio, TX 78247

(210) 625-5052

Itb

8507 Ste B-1 McCullough Ave, San Antonio, TX 78209

(210) 930-8463

Alamo Heights Coin Shop

2013 Austin Hwy, San Antonio, TX 78218

(210) 826-6082

Royalty Coins Inc

431 E Commerce St, San Antonio, TX 78205

(210) 225-7431

Bill's Pawn & Jewelry

2906 W Commerce St, San Antonio, TX 78207

(210) 432-7961

J Adelman Estate Jewelry, Antiques & Art

202 Alamo Plz, San Antonio, TX 78205

(210) 236-6268

Itb

5124 Broadway St, San Antonio, TX 78209

(210) 930-8463

Gold 2 Cash

1213 SW Military Dr, San Antonio, TX 78221

(210) 927-4484

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.