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 Winter Park has to offer. This way, you can make sure that you get the best price possible for all of your valuables.

Gold Tech

2238 W Fairbanks Ave, Winter Park, FL 32789

(407) 622-7788

Orlando Estate Buyer, Inc.

941 W. Fairbanks Ave., Winter Park, FL 32789

(407) 831-8544

Bay Hill Jewelers On Park

329 N Park Ave Suite 101A, Winter Park, FL 32789

(321) 422-0948

Diamonds & Gold Refinery

809 S. Orlando Ave. Ste B, Winter Park, FL 32789

(407) 960-5844

Gold Reef Gold Buyers

1961 Aloma Ave, Winter Park, FL 32792

(407) 790-4921

Gold Max USA

601 N Orlando Ave, Winter Park, FL 32789

(813) 434-4222

Cash America Pawn

591 S Semoran Blvd, Winter Park, FL 32792

(407) 636-2868

Orange Tree Antiques Mall

853 S Orlando Ave, Winter Park, FL 32789

(866) 483-1294

Ancient Artifacts & Treasures Inc

1999 W Fairbanks Ave, Winter Park, FL 32789

(407) 678-9300

Majestic Jewelers

2234 Aloma Ave, Winter Park, FL 32792

(321) 214-8154

Michael Rogers Inc

415 S Orlando Ave Ste 4-1, Winter Park, FL 32789

(407) 644-2290

Orlando Rare Coins

2135 W Fairbanks Ave, Winter Park, FL 32789

(407) 622-1399

Rubin Arthur & Co

2180 N Park Ave Ste 310, Winter Park, FL 32789

(407) 629-8661

Quick Cash Pawn & Jewelry

6812 Aloma Ave, Winter Park, FL 32792

(407) 599-0005

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.