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 Lillington 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.

Gregory's Jewelers

1021 S Main St, Lillington, NC 27546

(910) 893-3186

Peebles

129 W Cornelius Harnett Blvd, Lillington, NC 27546

(910) 814-2073

Premier Jewelry

549 N McKinley St, Coats, NC 27521

(910) 230-0033

Erwin Gold & Silver

706 S 13th St, Erwin, NC 28339

(910) 304-1106

We Buy All Pawn

53 E Depot St., Angier, NC 27501

(919) 275-0877

Samantha's Jewelry Design & Repair

516 Broad St, Fuquay Varina, NC 27526

(919) 567-8990

Fuquay Coins And Jewelry

125 Raleigh St, Fuquay Varina, NC 27526

(919) 557-1302

Fuquay Jewelry & Pawn

513 Wake Chapel Rd, Fuquay Varina, NC 27526

(919) 552-4945

Fuquay Gold Market Jewelers

1520 Broad St, Fuquay Varina, NC 27526

(919) 552-7400

S & K General Merchandise

116 W Academy St, Fuquay Varina, NC 27526

(919) 557-6200

Deborah R Lee Jewelers

913 Durham St, Fuquay Varina, NC 27526

(919) 552-6274

Pawn Shop-S & K

116 W Academy St, Fuquay Varina, NC 27526

(919) 557-6200

Coins Plus

409 Broad St, Fuquay Varina, NC 27526

(919) 567-2700

Coins Plus

101 South Main St,.Suite 201, Fuquay Varina, NC 27526

(919) 567-2700

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.