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 Carlyle 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.

Itech Computers

3449 S Grand Blvd, Saint Louis, MO 63118

(314) 932-1212

Q Tee Jewelry

1509 Keelen Dr, Saint Louis, MO 63136

(314) 210-5862

Sharmayne's Way

20 Compton Ave, Saint Louis, MO 63135

(314) 521-9452

Guliano Bros Jewelry

4456 Lemay Ferry Rd, Saint Louis, MO 63129

(314) 894-4653

Two Door Downs By Lindwedel

132 W Lockwood Ave, Saint Louis, MO 63119

(314) 961-9613

Have You Seen the Ring

418 Washington Ave, #418, Saint Louis, MO 63102

(888) 582-1097

Bailey Banks & Biddle

33 W County Ctr, Saint Louis, MO 63131

(314) 725-4509

Leisure Jewelry

5800 Hampton Ave, Saint Louis, MO 63109

(314) 351-9448

Jeweler Kim Long

3723 S Kingshighway Blvd, Saint Louis, MO 63109

(314) 353-1080

James Avery Jewelry

119 W County Ctr, Saint Louis, MO 63131

(314) 909-1068

Purple Jade

11241 Manchester Rd, Saint Louis, MO 63122

(314) 965-1830

Piercing Pagoda

PO Box 515870, Saint Louis, MO 63151

(314) 892-8023

A K Fashion 21 Inc

13477 Olive Blvd, Saint Louis, MO 63141

(314) 275-2223

Vintage & Est Jewelry Finds

9830 Manchester Rd, Saint Louis, MO 63119

(314) 963-3313

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.