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

Countrywide Gold Buyers

7627 E Main St, Reynoldsburg, OH 43068

(614) 762-7327

Cashland

1699 Brice Rd Suite B, Reynoldsburg, OH 43068

(614) 362-6494

Heins Jewelers

2843 Taylor Road Ext, Reynoldsburg, OH 43068

(614) 863-4104

A Brice Pawn Shop Inc

6220 E Livingston Ave, Reynoldsburg, OH 43068

(614) 759-9777

Van Jewelry Inc

7140 E Main St, Reynoldsburg, OH 43068

(614) 577-9640

Beth Smith Independent Consultant Touchstone Crystal

132 Freeway Dr, Etna, OH 43068

(614) 361-9818

Roderick Michaels Jewelers

7115 E Main St, Reynoldsburg, OH 43068

(614) 575-2454

Capital Metal Exchange

1226 Hill Rd. N, Pickerington, OH 43147

(614) 759-4653

Edward Warren Jewelers

1610 Cross Creeks Blvd, Pickerington, OH 43147

(614) 755-9229

Osterman

13211 Brandon Cir, Pickerington, OH 43147

(614) 501-3617

Ritzy Rose

18 W Columbus St, Pickerington, OH 43147

(614) 524-6394

Essentric Fashions

6262 Haydens Burrow Dr, Canal Winchester, OH 43110

(614) 367-1927

Happy As Can Bead

5265 Gender Rd, Canal Winchester, OH 43110

(614) 834-2232

Shaw & Son Jeweler of Canal Winchester

15 S High St, Canal Winchester, OH 43110

(614) 837-2605

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.