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 Rion 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.

The Treasure Exchange - Cash For Gold

6801 Saint Andrews Rd, Columbia, SC 29212

(803) 312-4422

Quick Cash Gold & Pawn

1906 Decker Blvd., Columbia, SC 29206

(803) 782-1600

The Real Palmetto Gold Jewelers

2016 Decker Blvd, Columbia, SC 29206

(803) 738-2373

Platinum Plus

, Columbia, SC 29210

(803) 731-0044

Carolina Gold & Silver

4708 Forest Dr Ste 2, Columbia, SC 29206

(803) 736-0540

People's Pawn Shop Inc

1324 Assembly St, Columbia, SC 29201

(803) 256-1888

Palmetto Jewelry & Loan

2700 Broad River Rd, Columbia, SC 29210

(803) 213-9955

Michaels Jewelry

4840 Forest Dr, Columbia, SC 29206

(803) 782-0808

Non'E'Such

2754 Devine St, Columbia, SC 29205

(803) 254-0772

People's Pawn Shop Inc

1324 Assembly St, Columbia, SC 29201

(803) 714-3677

Best Deal Pawn & Gun

6207 Two Notch Rd, Columbia, SC 29223

(803) 786-0000

Carolina Fine Jewelry

4708 Forest Dr, Columbia, SC 29206

(803) 602-3593

Bonded Loan Office

1328 Assembly St, Columbia, SC 29201

(803) 753-8957

Michaels Jewelry

4840 Forest Dr, Columbia, SC 29206

(803) 782-0808

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.