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 Ramona 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.

Oklahoma Palomino Exhibitors Go for Gold Futurity

11658 N 129th East Ave, Collinsville, OK 74021

(918) 371-6700

Bartlesville Cash For Gold N More

2448 SE Washington Blvd, Bartlesville, OK 74006

(918) 331-2274

We Buy Gold

9102 N Garnett Rd., Suite A, Owasso, OK 74055

(918) 212-4653

Plum Gold Jewelers & Designers

418 S Lynn Riggs Blvd, Claremore, OK 74017

(918) 341-4716

Plum Gold Jewelers & Designers

418 S Lynn Riggs Blvd, Claremore, OK 74017

(918) 341-4716

Easy Pawn & Jewelry

808 W Will Rogers Blvd, Claremore, OK 74017

(918) 341-2414

Arrow Pawn Shop

303 N 193rd East Ave, Catoosa, OK 74015

(918) 266-7854

B & I Sales Co

905 N Wood St, Caney, KS 67333

(620) 879-2532

Scimeca's Antiques

408 E 3rd Ave, Caney, KS 67333

(620) 331-9783

Antique Shop

408 E 3rd Ave, Caney, KS 67333

(620) 879-5419

Diamond & Jewelry Buyers

4606 S Memorial Dr, Tulsa, OK 74145

(918) 627-4858

Tulsa Gold & Silver

6357 E 41st St, Tulsa, OK 74135

(918) 664-1808

Gold & Silver Exchange

3220 E 15th St, Tulsa, OK 74104

(918) 745-0909

Diamond Jim's

3333 S Harvard Ave, Tulsa, OK 74135

(918) 743-7712

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.