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 Fenelton 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.

Skip's Gold Exchange

101 S Duffy Rd, Butler, PA 16001

(724) 256-9006

Zales

1521 N Main Street Ext, Butler, PA 16001

(724) 285-5742

Zales

101 Clearview Cir Unit 400, Butler, PA 16001

(724) 285-5742

Kings Jewelry

257 Butler Cmns, Butler, PA 16001

(724) 748-5150

Kay Jewelers

1521 N Main Street Ext Ste 660, Butler, PA 16001

(724) 285-1068

Kay Jewelers

101 Clearview Cir, Butler, PA 16001

(724) 285-1068

Golden Dreams Jewelers

1615 N Main Street Ext, Butler, PA 16001

(724) 282-4653

Don Paul Jewelers

148 N Main St, Butler, PA 16001

(724) 283-3980

Gold Exchange / Cash For Gold

312 N Main St, Butler, PA 16001

(412) 471-7161

Community Gold & Jewelry Buyers of Western PA

301 Evans City Rd Butler, Pa, Butler, PA 16001

(724) 841-3077

Atlantic Gold Exchange

101 S Duffy Rd, Butler, PA 16001

(724) 256-9808

Gold Exchange / Cash For Gold

312 N Main St, Butler, PA 16001

(412) 736-1923

Robert Stephens Custom Jeweler

141 N Main St Ste 3, Butler, PA 16001

(724) 285-9006

Hutchison's Jewelry Store

205 Market St, Kittanning, PA 16201

(724) 543-1660

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.