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 Corona 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.

Big Gold Buyers

39-15 103 street, corona, NY 11368

(718) 565-2825

VIEIRA COINS & COLLECTIBLES

3756A Junction Blvd, Corona, NY 11368

(718) 840-7516

Premier Pawn & Jewelry

10602 Northern Blvd, Corona, NY 11368

(718) 898-0386

Gold Tower USA Inc

4013 Junction Blvd, Corona, NY 11368

(718) 651-8161

Top Twin Corp

4050 Junction Blvd, Corona, NY 11368

(718) 672-8270

Bijou By Mimi

96-02 57th Ave, Corona, NY 11368

(347) 450-8603

Estee Designs Inc

11131 44th Ave, Corona, NY 11368

(800) 517-8465

Micely Jewelry

3711 Junction Blvd, Corona, NY 11368

(718) 335-8531

Fantastic Gold Inc

82 45th Ave, Elmhurst, NY 11373

(718) 651-4383

Cash for Phones Gift Cards & Gold

90-15 Queens Blvd, flushing, NY 11373

(914) 775-9067

Blue Gold Aquarium Inc

8612 Whitney Ave, Elmhurst, NY 11373

(718) 565-8583

Helzberg

9015 Queens Blvd, Elmhurst, NY 11373

(718) 760-2100

Michael Matthew Jewelry Inc

9015 Queens Blvd # 2, Elmhurst, NY 11373

(718) 271-4983

Kay Jewelers

9015 Queens Blvd Suite 2077, Elmhurst, NY 11373

(718) 271-2647

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.