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 Rutherford College 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.

Stone Jewelers

240 Shadowline Dr, Boone, NC 28607

(828) 264-2000

Morgan's Jewelry

697 W King St, Boone, NC 28607

(828) 264-6793

Old World Galleries

697 West King Street, Boone, NC 28607

(828) 264-6559

Strand Beads + Jewelry

585 W King St,, Boone, NC 28607

(828) 265-2315

Art Walk

611 W King St, Boone, NC 28607

(828) 264-9998

Saslow's Jewelers

1180 Blowing Rock Rd, Boone, NC 28607

(828) 264-2282

Hidden Hand Jewelry and Piercing

740 W King St, Boone, NC 28607

(828) 406-7523

Jbh Imports Inc

605 W King St, Boone, NC 28607

(828) 264-5757

Sisters Jeweler

1706 Winkler St, Wilkesboro, NC 28697

(336) 903-8499

Brand Jewelry

1820 Winkler St, Wilkesboro, NC 28697

(336) 667-2257

Hardin Fine Jewelry

920 Shawneehaw Ave, Banner Elk, NC 28604

(828) 898-4653

Baltzley's Fine Jewelry

163 Shawneehaw Hts, Banner Elk, NC 28604

(828) 898-8883

Facets Of Foscoe

8998 Nc Highway 105 S, Banner Elk, NC 28604

(828) 963-5928

Sheer Bliss

410 Rominger Rd, Banner Elk, NC 28604

(828) 963-8898

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.