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 Lambertville 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.

Tindall Diamonds & Jewelry

1003 Washington Blvd, Trenton, NJ 08691

(609) 448-7900

Freedmans Jewelers

962 Parkway Ave, Ewing, NJ 08618

(609) 882-0830

Leda Of Allentown Inc

15 Black Forest Rd, Trenton, NJ 08691

(609) 890-3999

Laura Somerville Jewelry

107 Jacobs Creek Rd, Ewing, NJ 08628

(609) 406-0991

Happy Going Enterprises

3320 US Highway 1, Lawrence Township, NJ 08648

(609) 750-0246

Marcos Jewelry

1143 Lawrenceville Rd Ste 2, Lawrence Township, NJ 08648

(609) 882-2272

Platino Joyeria Y Discoteka

537 Hamilton Ave, Trenton, NJ 08609

(609) 695-0035

G M H International Jewelers Inc

888 RR 3, Trenton, NJ 08691

(609) 433-9841

Jewel A Box

102 E State St, Trenton, NJ 08608

(609) 392-0076

Lord and Taylor

3320 US Highway 1 Unit 600, Lawrence Township, NJ 08648

(609) 799-9500

Pandora Jewelry

3320 US Highway 1, Lawrence Township, NJ 08648

(609) 936-7220

Avon and Mary Kay

www,youravon.com/randi, Hamilton Square, NJ 08690

(609) 490-0386

Piercing Pagoda

3320 US Highway 1 Unit 241A, Lawrence Township, NJ 08648

(609) 799-1544

Anthony Fine Lawrence Jewelers Inc

3375 US Highway 1, Lawrence Township, NJ 08648

(609) 936-0016

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.