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 Sawyerville 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.

Gillis Jewelers

1351 McFarland Blvd NE, Tuscaloosa, AL 35406

(205) 343-7465

Zales

1701 McFarland Blvd E, Tuscaloosa, AL 35404

(205) 462-2131

Fincher & Ozment Jewelers

1657 McFarland Blvd N Ste G3D, Tuscaloosa, AL 35406

(205) 752-3511

Kay Jewelers

1701 McFarland Blvd E Unit 179, Tuscaloosa, AL 35404

(205) 556-2825

Everyday Indulgence

2111 University Blvd, Tuscaloosa, AL 35401

(205) 759-5070

Charming Charlie

1800 McFarland, Suite 117, Tuscaloosa, AL 35404

(205) 344-6385

Duet Art & Jewelry

2113B University Blvd, Tuscaloosa, AL 35401

(205) 758-5388

Burkhalter Jewelers

2312 6th St, Tuscaloosa, AL 35401

(205) 758-5622

West Jewelers Inc DBA Lorch's Jewelers

1608 Queen City Ave, Tuscaloosa, AL 35401

(205) 391-0404

It's Fashion

900 Skyland Blvd E, Tuscaloosa, AL 35405

(205) 752-8306

Wade's Jewelry And Pawn

3525 McFarland Blvd E, Tuscaloosa, AL 35405

(205) 462-9233

Fashion Jewelry

1701 McFarland Blvd E, Tuscaloosa, AL 35404

(205) 633-3838

Reeds Jewelers

1701 McFarland Blvd E Ste 199, Tuscaloosa, AL 35404

(205) 556-0787

Pharaohs Treasures

422 15th St, Tuscaloosa, AL 35401

(205) 331-4643

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.