How to Buy Physical Silver in 2023?

Investing in precious metals like Silver has long been a viable alternative to stock and bond investing. Investors who want to hedge their risks or invest more defensively may turn to Silver when circumstances are rough or it appears the Central banking system is actively involved in creating money. In a recent article, we defined sterling silver flatware value and here we will provide ideas on where to buy physical silver.

Silver is popular among investors for a variety of reasons. Some regard it as a stock of wealth in indeterminate times, while others view it as inflation insurance.

How to Buy Physical Silver?

To buy physical silver you need to visit local silver shops such as American Eagle Silver, Beautiful Silver Bullion, Gold and Platinum Bullion, and American Buffalo Gold Bullion Coin Program retailers. Additionally, you can buy physical silver using online orders on websites such as,, or


buy silver bars and silver coins


Having actual Silver as bullion or coins in one’s possession is a rewarding method to participate from a psychological and emotional standpoint. You are in ownership of it and can use it if required. And in other instances, getting to that information isn’t too tricky. For example, before 1964, the United States produced coins that contained around 90 % of Silver, and you may buy them for a price that corresponds to the worth of the Silver that they held.

You can earn a turnover on silver bullion and coins if the price of silver goes up, but that’s the only tactic you’ll make money in this situation. An existing product does not provide cash flow as a good business does, so you won’t be able to make money any other way.

You may acquire Silver through online sellers such as JM Bullion or APMEX, as well as from local dealers and pawn shops in your area. If you go to a dealer specializing in precious metals, you can buy bars rather than coins.

There are many different types of silver bullion; however, the following are the most common:

Silver Coins

There is more to this Coin than its valuable metal content; an official global government has valued it. In addition to their intrinsic value, certain coins have a numismatic value, which refers to how valuable they are as a collectible. However, a coin’s worth might rise above the financial price plus its valuable metallic content if it is ancient, unique, in a pristine state, or has an extremely small production numeral.

Silver bars

One can make a silver bar by casting, minting, or hand-pouring it. The value of silver bars is dependent only on the heaviness of the high-priced metal content rather than the size of the Coin. High-quality silver bars are desirable, but they are far rare than coins since they are much more challenging. There is no numismatic value attached to silver bars, which means they have a smaller markup than silver coins.

Silver Rounds

A circular silver round is just a round chunk of Silver. These are similar to a bar coin in that they have no numismatic value, and these are not made by or for a government. Because of its visual appeal, several companies will produce rounds that mimic the designs of previous and present coins. They are a fantastic alternative to purchasing silver coins if you’re only interested in accumulating complete and thorough.

90 and 40 percent Silver – All the possibilities above are made up of.

A coin containing 99%+ of Silver that is fine is the purest form you can get; however, new research has revealed that some United states coins made before 1965 also contain a small amount of Silver. In addition to being a low-cost alternative, your old savings bank may already have Silver.

gold ira scams  buyer beware

Where to Buy Physical Silver?

Based on our research, you can buy Physical silver in the US in the following shops:

Company nameAddressCityPhoneState
A.R. Akin Rare Coins & Currency3536 Vann RdBirmingham, AL 35235(205) 612-8541Alabama
ABC Coin & Stamp3401 San Mateo NEAlbuquerque, NM 87110(505) 304-3527New Mexico
ABC GT Coins1655 Makaloa St.Honolulu, HI 96814(808) 227-0866Hawaii
A-Coin and Stamp Gallery6217 St. Augustine RoadJacksonville, Florida 32217(904) 730-2455Florida
Acropolis Coins495 High StreetMorgantown, WV 26505(304) 296-2931West Virginia
Alabama Coin & Silver Co.912 Bob Wallace Avenue SouthwestHuntsville AL 35801(256) 536-0262Alabama
Alaska Mint429 West 4th AvenueAnchorage, Alaska 99501(800) 770-6468Alaska
Albuquerque Coins3216 San Mateo Blvd NEAlbuquerque, NM 87110(505) 881-4865New Mexico
Alhambra Coin Center254 East Main StreetAlhambra, CA 91801(626) 282-1151,(800) 932-2646California
AMA Antiques and Coins114 E 1st StreetTea, SD 57064(605) 321-9195South Dakota
American Bullion & Coin Company2711 E Lakin DriveFlagstaff, AZ 86004(800) 897-9817Arizona
American Coin1172 State StOrem, UT 84097(801) 235-9090Utah
American Coin and Stamp1273 Main AvenueClifton, NJ 07011(877) 949-8800New Jersey
American Federal Rare Coin & Bullion500 Easy StreetCarefree, AZ 85377(800) 221-7694Arizona
American Precious Metals, Inc.11801 N. Tatum Blvd. Suite 143Phoenix, AZ 85028(800) 522-GOLDArizona
American Rare Coins and Collectibles7900 Xerxes Ave South, Suite 140Bloomington, MN 55431(952) 830-1400Minnesota
Antique & Coin Exchange722 Kirkwood MallBismarck, ND 58504(701) 222-8859North Dakota
A-Plus Coins1051 Bryant Way
Ste F
Bowling Green, KY 42103(270) 783-0420Kentucky
Ardie’s Coins1944 Grand Ave,Billings, MT 59102(406) 656-8777Montana
Arlington Coins2230 W Park Row Dr # CPantego, TX 76013(817) 274-5971Texas
Art McBride Rare CoinsP.O. Box 956Sherwood, OR 97140(503)925-8230Oregon
Augusta Coin Exchange4015 Washington Rd Suite LMartinez, GA 30907(877) 210-5485Georgia
Austin Rare Coins & Bullion13809 Research Blvd #405Austin, TX 78750(800) 928-6468Texas
Baltimore Gold & Silver113 N Charles StBaltimore, MD 21201(410) 727-2393Maryland
Baysavers Gold & Silver Coins, Inc.8548 Madison AvenueFair Oaks, CA 95628(916) 961-9130California
Beantown Coins180 Old Colony AveQuincy, MA 02170(617) 386-0185Massachusetts
Beaverton Coin & Currency3803 SW Hall BlvdBeaverton, OR 97005(503) 640-4700Oregon
Bill’s Coin & Stamp Exchange104 Wilmington St.Jackson, MS 39204(601) 371-1223Mississippi
Birmingham Coin and Jewelry33802 North Woodward AvenueBirmingham, MI 48009(248) 642-1234Michigan
Bismarck Gold and Silver Exchange212 North 4th Street, #101Bismarck, ND 58501(701) 258-9438North Dakota
Blanchard and Company Inc909 Poydras St.
Ste 1900
New Orleans, LA 70112(504) 837-3010Louisiana
Brigandi Coin Company60 West 44th StreetNew York, NY 10036(212) 869-5350New York
Brookfield Coin and Card LLC499 Federal Rd.Brookfield, CT 06804(203) 740-2892Connecticut
Bruner’s Collectables1628 Triplett StreetOwensboro, KY 42303(270) 684-4904Kentucky
Bullion & Coin Exchange610 E. BroadwayMesa, AZ 85204(480) 461-0963Arizona
Bullion Trading LLC20 West 47th Street
Ste 24
New York, NY 10036(212) 997-2520New York
C. C. Coins169 S. WolcottCasper, WY 82602(307) 251-8957Wyoming
California Numismatic Investments525 West Manchester BlvdInglewood, CA 90301(800) 225-7531California
Candl Coins & Stamps536 Independence BoulevardVirginia Beach, VA 23462(757) 499-5156Virginia
Canyon County Coin1200 1st Street SouthNampa, ID 83651(208) 468-1007Idaho
Capital City Coins & Bullion7576 Hickman RdDes Moines, IA 50324(515) 276-9352Iowa
Captain Cook Coin Company2051 Young Street, #13Honolulu, HI 96826(808) 531-2702Hawaii
Carl’s Jewelers & Gifts3901 Old Seward Hwy #2Anchorage, Alaska 99503(907) 561-CARLAlaska
Carolina Silver & Gold1700 Stanley RoadGreensboro, NC 27407(336) 299-7061North Carolina
Carter Numismatics1218 E 33rd St.Tulsa, OK 74105(918) 583-2646Oklahoma
Casper’s Coins214 North Dixie WaySouth Bend, IN 46637(574) 272-5554Indiana
Central Jersey Rare Coins423 West Union Ave.Bound Brook, NJ 08805(732) 563-1933New Jersey
Certified Rarities1447 York Road, Suite 310Lutherville-Timonium, MD 21093(410) 494-7373Maryland
CH Coins1650 Overland Ave #6Burley, ID 83318(208) 823-GOLDIdaho
Cherokee Coins & Jewelry, Inc.1825 Bardstown RoadLouisville, KY 40205(502) 215-4353Kentucky
Chester’s Coins & Gifts221 Main StreetAmes, IA 50010(515) 232-9222Iowa
Cheyenne Coins1809 Warren AvenueCheyenne, WY 82006(307) 632-2230Wyoming
Chicago Coin Company6455 W. Archer Ave.Chicago, IL 60638(773) 586-7666Illinois
Chicago Precious Metals Exchange, LLC141 W Jackson Blvd Ste 1204Chicago, IL 60606(312) 854-7084Illinois
Christopher’s Fine Jewelry & Rare Coins3427 Merle Hay Rd.Des Moines, IA 50310(515) 251-4031Iowa
Civitas Galleries6800 University AveMiddleton, WI 53562(608) 836-1777Wisconsin
Classic Jewelry & Loan6339 US Route 60 EBarboursville, WV 25504(304) 733-1840West Virginia
CMI Gold and Silver, Inc3800 N. Central Avenue, 11th FloorPhoenix, AZ 85012(800) 528-1380Arizona
Coin & Stamp Shop300 Granite StreetManchester, NH 03102(800) 499-2440New Hampshire
Coin Exhange, Inc.524 Allen StreetSpringfield, MA 01118(413) 732-7839Massachusetts
Coin Gallery4224 W. DunlapPhoenix AZ 85051(602) 242-2931Arizona
CoinsPlus3201 N Division St.Spokane, WA 99207(509) 444-0044Washington
Colonial Trading Company41 Bromfield StBoston, MA 02108(617) 695-1652Massachusetts
Colonial Valley Coins4343 South Broad StreetHamilton, New Jersey 08620(877) 893-2163New Jersey
D & J Coins194 North MainSheridan, WY 82801(307) 672-2177Wyoming
Dakota Coin & Precious Metals615 Saint Joseph StreetRapid City, SD 57701(605) 484-9788South Dakota
Dallas Rare Coins5211 Forrest Lane, Suite 101,Dallas, TX 75244(972) 458-1617Texas
David Lawrence Rare CoinsPO Box 9174Virginia Beach, VA 23450(800) 776-0560Virginia
DBKJ Numismatics711 Garrison AvenueFort Smith, AR 72901(866) 783-5881Arkansas
Derzon Coins2069 South 108th StreetWest Allis, WI 53227(414) 543-8833Wisconsin
Dominion Coin Company3304 Taylor RoadChesapeake, VA 23321(757) 606-3999Virginia
DSS Coin & Bullion1906 South 13th StreetOmaha, NE 68108(866) 864-2646Nebraska
Elmhurst Coins and Collectibles127 North Addison StreetElmhurst, IL 60126(630) 359-4140Illinois
Engle’s Coin Shop3520 Founders Rd.Indianapolis, IN 46268(317) 875-0617Indiana
Equity Standard Numismatics Co.1855 South Rock Road, #105Wichita, KS 67207(316) 689-8773Texas
Eugene Coin & Jewelry1416 Willamette StEugene, OR 97401(541) 683-8445Oregon
Fama’s Coins & Card Shop105 Main St.Beckley, WV 25801(304) 253-7400West Virginia
First Stop Gun and Coins701 Main StreetRapid City, SD 57701(605) 341-5211South Dakota
Flying Eagle Coin9118 South Walker AvenueOklahoma City, OK 73139(405) 600-3200Oklahoma
Fort Worth Coin Company, Inc.5224 Camp Bowie BlvdFort Worth, TX 76107(817) 336-1782Texas
Fox Valley Coins4S100 IL-59Naperville, IL 60563(630) 820-2800Illinois
Frederick Coin Exchange20 N East St.Frederick, MD 21701(301) 898-2863Maryland
Fresno Coin Gallery4616 N. Blackstone Ave.Fresno, CA 93726(559) 222-2646California
Frontier Coin & Supply1104 Logan Ave.Cheyenne, WY 82001(307) 426-4237Wyoming
Gables Coin & Stamp Shop82 Miracle MileCoral Gables, FL 33134(305) 446-0032Florida
Gaithersburg Coin Exchange16 East Diamond AvenueGaithersburg, MD 20877(800) 638-4104Maryland
Gem State Gold and Silver10384 Fairview AveBoise, ID 83704(208) 713-6345Idaho
Gilbert Coin and Collectible Exchange4079-H Augusta Hwy Ste HGilbert, SC 29054(800) 375-7205South Carolina
Glass Shoppe Coins4325 E. Broadway BoulevardTucson, AZ 85711(520) 323-8811Arizona
Gold & Silver Extravaganza1139 Old Fannin Road, Suite RBrandon, MS 39047(601) 321-9010Mississippi
Golden Isles Coin200 West Peace Street, Suite 130Raleigh, NC 27603(919) 832-2309North Carolina
GoldnSilver15671 Fountain Hills Dr.Omaha, NE 68118(402) 339-6370Nebraska
Good Ole Tom’s1100 Main St.East Hartford, CT 06108(877) 653-3866Connecticut
Great American Mint and Refinery Inc.1020 North Armando StreetAnaheim, CA 92708California
Greater Milwaukee Coin4040 N. Calhoun Rd.Brookfield, WI 53005(262) 781-4200Wisconsin
Grizzly Gold and Silver1935 Brooks StreetMissoula, MT 59801(406) 541-6690Montana
Grove Coin and Investment Company8306 Tamarack Village #401Woodbury, MN 55125(800) 878-7868Minnesota
Hallenbeck Coin Gallery711 N. Nevada AveColorado Springs, CO 80907(719) 634-3313Colorado
Hancock & Harwell3155 Roswell Road, NE, Suite 310Atlanta, GA 30305(404) 261-6565Georgia
Harford Coins8722 Satyr Hill Rd.Parkville, MD 21234(410) 665-1814Maryland
Harold B Weitz, Inc.6315 Forbes Ave, Suite 122Pittsburgh, PA 15217(412) 521-1879Pennsylvania
Harry Laibstain Rare CoinsPO Box 3596Norfolk, VA 23510(757)622-6760Virginia
Hawaiian Islands Stamp & Coin1111 Bishop St Suite 105Honolulu, HI 96813(808) 531-6251Hawaii
Heartland Coin Gallery2621 N. Greenwich Road, Suite 300Wichita, KS 67226(316) 858-3050Texas
Heartland Coins910 North Dixie Avenue, Suite 116Elizabethtown, KY 42701(270) 765-2211Kentucky
Houlton Stamp and Coin8 Market SquareHoulton, ME 04730(207) 532-8528Maine
Hyatt Coin Shop332 Wilkinson Blvd.Charlotte, NC 28208(704) 394-0387North Carolina
iCoin151 Springfield Ave.Joliet, IL 60435(815) 730-8808Illinois
Independence Coin8700 Pineville-Matthews Road, Suite 580Charlotte, NC 28226(704) 542-7554North Carolina
Infinity Coins545 Shoup Ave #108AIdaho Falls, ID 83402(208) 201-5007Idaho
International Coins & Currency62 Ridge StreetMontpelier, VT 05602(800) 451-4463Vermont
Island Gold and Silver45-480 Kaneohe Bay DriveKaneohe, HI 96744(808) 721-1799Hawaii
James H. Cohen & Sons437 Royal St.New Orleans, LA 70130(504) 522-3305Louisiana
Jim Coad Rare Coins3107 Eubank NE, Suite #17Albuquerque, NM 87111(505) 908-3929New Mexico
Jim Dimmick Coins5511 Ramsey St #201dFayetteville, NC 28311(910) 322-3117North Carolina
John Burke’s Rare Coins and Collectibles1025 SW Wanamaker Road, Suite CTopeka, KS 66604(785) 267-1405Texas
John Kraljevich AmericanaPO Box 1939Fort Mill, SC 29716(443) 454-7588South Carolina
Kama’aina Metals and Jewelry98-1254 Ka’ahumanu St., #170Pearl City, HI 96782(808) 526-1502Hawaii
Kaminski Coin Company1411 Michigan Ave.Wisconsin Dells, WI 53965(877) 254-7908Wisconsin
Kanawha Coin Shop712 Brawley WalkwayCharleston, WV 25301(304) 342-8081West Virginia
Kearney Coin Center2006 Central AvenueKearney, NE 68848(308) 455-1550Nebraska
Kedzie Koins5909 South Kedzie Ave.Chicago, IL 60629(773) 436-0777Illinois
Kenmore Collectibles466 Commonwealth Ave #103Boston, MA 02215(617) 482-5705Massachusetts
Keystone Rare Coins3029 College Heights BoulevardAllentown, PA 18104(610) 770-9500Pennsylvania
Kit’s Rare Coins7600 Oak Ridge Hwy,Knoxville, TN 37931(865) 599-4915Tennessee
Lake Superior Coins118 West 1st StreetDuluth, MN 55802(218) 722-0207Minnesota
Larry Jackson Numismatics4920 Roswell Rd NEAtlanta, GA 30342(404) 256-3667Georgia
Legacy Rare Coins4431 South Commerce DrMurray, UT 84107(866) 777-2060Utah
Liberty Coin2201 E. Willow Street, Suite AASignal Hill, CA 90755(800) 400-0824California
Liberty Coin Service400 Frandor AvenueLansing, MI 48912(800) 933-4720Michigan
Liberty Coins1125 Gaskins Rd. Suite 200Richmond, VA 23238(800) 747-5860Virginia
Lincoln Coin & Bullion, Inc.3534 S. 48th St., #4Lincoln, NE 68506(402) 327-2853Nebraska
Littleton Coin1309 Mount Eustis RdLittleton, NH 03561(800) 645-3122New Hampshire
Lone Star Coins, LLP2622 NW Loop 410San Antonio, TX 78230(210) 735-7131Texas
Loop Coins3972 Government BoulevardMobile, AL 36693(251) 661-2800Alabama
Lost Dutchman Rare Coins4983 North Franklin RoadIndianapolis, IN 46226(317) 545-7650Indiana
Louisiana Gold and Coins5525 S. Sherwood Forest BoulevardBaton Rouge, LA 70816(800) 259-1615Louisiana
Louisville Numismatic Exchange527 South 3rd StreetLouisville, KY 40202(502) 584-9879Kentucky
Low Country Coins7800 Rivers Avenue, Suite 1010North Charleston, SC 29406(843) 763-DIMESouth Carolina
M&J Coins and Prospecting10471 Asheville Highway, Unit 9Inman, SC 29349(864) 472-3041South Carolina
M.A. Storck Company651 Forest Ave.Portland, ME 04101(207) 774-7271Maine
Maine Gold & Silver220 Maine Mall Rd Ste 4South Portland, ME 04106(207) 772-2211Maine
Mark Ferguson Rare CoinsPO Box 177Oshkosh, WI 54903(920) 233-6777Wisconsin
Martin’s Coins & Jewelry1525 Shelburne Rd.South Burlington, VT 05403(802) 658-2646Vermont
Mcintire Rare Collectibles8 Crestview PlazaJacksonville, AR 72076(501) 985-1663Arkansas
Medalcraft2660 W. Mason StreetGreen Bay, WI 54303(800) 558-6348Wisconsin
Mid-American Rare Coin Galleries1707 Nicholasville RoadLexington, KY 40503(877) 836-0833Kentucky
Mid-South Coin Co Inc3894 Park Ave.Memphis, TN 38111(901) 324-2244Tennessee
Mobile Bay Coins2204 Government StMobile, AL 36606(251) 725-1590Alabama
Monarch Coin212 East 3900 SouthSalt Lake City, UT 84107(801) 262-5874Utah
Monarch Precious Metals3977 Crater Lake HwyMedford, OR 97504(541) 414-1676Oregon
Monmouth Stamp and Coin Shop39 Monmouth StreetRed Bank, NJ 07701(732) 741-0626New Jersey
Montana RaritiesP.O. Box 11Florence, MT 59833Montana
Mr. Wimp’s Coins926 West State BoulevardFort Wayne, IN 46808(260) 426-0632Indiana
Mulligan MintPO Box 802425Dallas, TX 75380(888) 299-4399Texas
Nashville Coin and Currency7003 Chadwick Drive, Suite 154Brentwood, TN 37027(615) 377-4949Tennessee
Nashville Coin Gallery500 Wilson Pike Circle, Ste. 227Brentwood, TN 37027(615) 764-0331Tennessee
Nevada Coin & Jewelry6380 West Flamingo Road, #BLas Vegas, NV 89103(702)256-COINNevada
Nevada Coin MintingP.O. Box 46110Las Vegas, NV 89114Nevada
North Mississippi Coin Company7020 Tchulahoma, Suite 3Southaven, MS 38671(662) 349-1771Mississippi
Northeast Arkansas Coin Company2711 S Caraway Rd # AJonesboro, AR 72401(870) 934-9450Arkansas
Northern Nevada Coin1329 U.S. Hwy 395 N #6Gardnerville, NV 89410(775) 222-2646Nevada
Northern Plains Coins2425 Main AveFargo, ND 58103(701) 297-0321North Dakota
Northgate Rare Coins11319 Pinehurst Way NESeattle, WA 98125(206) 364-0090Washington
Northlake Stamp & Coin4800 Briarcilff RD #2040Atlanta, GA 30345(800) 752-8162Georgia
Northwest Territorial Mint80 East Airpark Vista BlvdDayton, NV 89403(800) 843-9854Nevada
Oklahoma Silver Dollars11201 N May, Suite AOklahoma City, OK 73120(405) 755-0505Oklahoma
Olde Towne Coin Co, Inc.2600 Berline TurnpikeNewington, CT 06111(860) 666-3045Connecticut
Olympus Gold and Rare CoinsPO Box 711783Salt Lake City, UT 84171(801) 859-4752Nevada
Orlando Coin Exchange6301 South Orange Ave.Orlando, FL 32809(407) 730-3116Florida
Oxford Assaying & Refining3406 Arctic BoulevardAnchorage, Alaska 99503(907)561-5237Alaska
Palmetto Galleries5220 Two Notch RoadColumbia, SC 29204(802) 786-6105South Carolina
Park Avenue Numismatics2742 Biscayne BlvdMiami, FL 33137(305) 535-2262Florida
Phil’s Coins9344 West Central AveWichita, KS 67212(316) 773-0905Texas
Precious Metals Advisory LLC6034 Chester Ave, Suite 107BJacksonville, FL 32217(904) 887-2986Florida
Premier Precious Metals855A Cerrillos RoadSanta Fe, NM 87505(800) 557-9958New Mexico
Puro’s Coins & Jewelry38 Strongs AvenueRutland, VT 05701(800) 655-1327Vermont
Quad City Coin & Antique Company2395 Tech Dr #10Bettendorf, IA 52722(563) 332-9189Iowa
Rare Coins of New Hampshire Inc.28 Jones Rd.Milford, NH 03055(800) 225-7264New Hampshire
Redford Jewelry and Coin15386 N Haggerty RdPlymouth, MI 48170(800) 541-3462Michigan
Regal Coin Exchange3605 Waters AveSavannah, GA 31404(912) 354-8491Georgia
Regency Mint222 W. Center St. #1543Orem, UT 84059(888) 673-5052Utah
Ridge Coin and Gold Exchange2064 East Ridge RoadRochester, NY 14622(585) 234-5678New York
Ridgewood Coin & Stamp17 Chestnut Street, Suite 1Ridgewood, NJ 07450(201) 445-6262New Jersey
Rocky Mountain Coin, Inc.538 South BroadwayDenver, CO 80209(800) 781-GOLDColorado
Ron’s Coins620 Center Point Rd NECedar Rapids, IA 52401(319) 365-6108Iowa
Rose Hill Coins & Jewelry3506 Rose Hill St.Boise, ID 83705(208) 343-3220Idaho
Route 5 Collectibles277 Main Street, Route 5Lyndonville, VT 05851(802) 626-5430Vermont
Royal Hawaiian Mint(808) 922-6468Hawaii
RR Coins & CurrencyP.O. Box 1162Gretna, LA 70054(504) 782-0330Louisiana
S & S Coins and Supplies1219 Boiling Springs RoadSpartanburg, SC 29303(864) 205-6544South Carolina
Sahara Coins & Extraordinary Collectibles7293 West Sahara Ave, #106Las Vegas, NV 89117(702) 367-4360Nevada
Sam Sloat Coins606 Post Road EastWestport, CT 06880(800) 243-5670Connecticut
San Francisco Mint155 Hermann St.San Francisco, CA 94102California
San Jose Coin Shop1084 Meridian AvenueSan Jose, CA 95125(408) 266-2500California
Sansom Coin Exchange721 Sansom StreetPhiladelphia, PA 19106(215) 629-8898Pennsylvania
Scottsdale Mint20701 N. Scottsdale Road
Suite 107-266
Scottsdale, AZ 852551-888-SIL-BARZArizona
Seacoast Coin & Jewelry725 Lafayette RoadHampton, NH 03842(603) 926-7771New Hampshire
Seven Star Enterprises2780 Snelling Ave. N, Suite 205Roseville, MN 55113(612) 331-8222Minnesota
Shorewood Coin Shop4409 North Oakland AvenueShorewood, WI 53211(414) 961-0999Wisconsin
Silver Eagle Coins & Collectibles2724 N. Mall Dr.Virginia Beach, VA 23452(757) 351-1105Virginia
SilverTowne120 E. Union City PikeWinchester, IN 47394(877) 477-2646Indiana
Sioux Falls Coins & Collectables1330 W. Empire MallSioux Falls, SD 57106(605) 361-0005South Dakota
Smyrna Coin1410 Kensington Square Ct #102Murfreesboro, TN 37130(615) 355-6400Tennessee
South Street Coin & Jewelry619 South StreetPhiladelphia, PA 19147(215) 413-3900Pennsylvania
Southern Coins & Precious Metals4513 Zenith StreetMetairie, LA 70001(800) 535-9704Louisiana
Southwestern Gold Inc.6909 Menaul Blvd NE
Ste F
Albuquerque, NM 87110(505) 881-3636New Mexico
Stack’s Bowers123 West 57th StreetNew York, NY 10019(800) 458-4646New York
Stacks Bowers Galleries Pennsylvania1735 Market StreetPhiladelphia, PA 19103(267) 609-1804Pennsylvania
State Street Coins616 N. State StreetClarksdale, MS 38614(662) 302-1761Mississippi
Stevenson Rare Coins & Jewelry1 Page Avenue, Suite 120Asheville, NC 28801(828) 255-0731North Carolina
Stone House Coin Shop401 Park AveScotch Plains, NJ 07076(908) 322-2188New Jersey
Sunshine Minting7600 Mineral Dr. Suite 700Coeur d’Alene, ID 83815Idaho
T & R Coins5648 SW 29th Street Ste BTopeka, KS 66614(785) 232-5585Texas
The Bronze Look311 Mercer StreetPrinceton, WV 24740West Virginia
The Coin & Stamp Shop107 Main StreetLittle Rock, AR 72201(501) 375-2113Arkansas
The Coin Purse4117 Hillsboro PikeNashville, TN 37215(615) 269-6700Tennessee
The Coin Shop510 W. Lincoln WayCheyenne, WY 82001(307) 778-7196Wyoming
The Coin Shop Biloxi724 Jackson St.Biloxi, MS 39530(228) 435-8880Mississippi
The Oxford CompanyP.O. Box 5860Fort Smith, AR 72913(479) 452-4438Arkansas
TLC Coins1906 W Franklin StEvansville, IN 47712(812) 402-2212Indiana
Tom’s Coin, Stamp, and Gem Shop2 First St. SWMinot, ND 58701(701) 852 4522North Dakota
Towson Gold Silver & Coin5324 Towson AveFort Smith, AR 72901(479) 434-5722Arkansas
Treasure Island Coin, Stamp, Gold & Silver Exchange232 W BroadwayLouisville, KY 40202(502) 454-0334Kentucky
Treasure Island Coins1429 42nd Street S.Fargo, ND 58103(877) 33-COINSNorth Dakota
Tulsa Coin and Stamp306 W Will Rogers BlvdClaremore, OK 74017(918) 836-8999Oklahoma
Tulsa Gold & Silver6357 East 41st StreetTulsa, OK 74135(918) 664-1808Oklahoma
Twin City Gold38 Alfred St.Biddeford, ME 04005(877) 750-4653Maine
Uncommon Cents10355 E Palmer Wasilla HwyPalmer, AK 99645-8821(907) 745-7887Alaska
United States Mint, Denver320 West Colfax AvenueDenver, CO 80204Colorado
US State QuartersPO Box 33108Santa Fe, NM 87594New Mexico
Valley Coin5525 34th Ave N.Crystal, MN 55422(877) 875-0786Minnesota
Vermont Coin & Jewelry150 Dorset St.
Ste 330
South Burlington, VT 05403(802) 497-0943Vermont
Vernon Coin Center630 Talcottville Rd #3Vernon, CT 06066(860) 871-6951Connecticut
Vest Pocket Coin & Currency220 Bath Rd Ste #4Brunswick, ME 04011(207) 344-9494Maine
Village Coin Shop51 Plaistow Rd.Plaistow, NH 03865(603) 382-5492New Hampshire
Wayne Herndon Rare CoinsPO Box 221601Chantilly, VA 20151(703) 385-0058Virginia
Wayne Miller Coins38 N. Last Chance GulchHelena, MT 59601(406) 442-0713Montana
West Seattle Coins and Bellevue Rare Coins4500 SW California Ave.Seattle, WA 98116(206) 938-3519Washington
Westland Jewelry & Exchange28962 Warren Rd.Westland, MI 48185(734) 522-1993Michigan
Westminster Mint3300 Fernbrook Lane, Suite # 160Plymouth, MN 55447(800) 301-3868Minnesota
Westside Coin and Currency425 2nd St #130Lake Oswego, OR 97034(503) 452-3689Oregon
Wheeling Coin & HobbyWashington Crown Center Mall
25 10th St.
Wheeling, WV 26003(304) 232-8430West Virginia
Williams Gallery of Rare Coins29 South Tracy AvenueBozeman, MT 59715(406) 586-4343Montana
World Treasures Mint2 Broad St. Suite 7Milford, CT 06460(203) 283-7466Connecticut
Wyoming Precious MetalsP.O. Box 661Torrington, WY 82240(307) 532-6354Wyoming


Gold and precious metals, in general, are popular with investors, and Silver is no exception. Here are a few of the most crucial reasons why you might consider moving:

  • Silver has beaten well-known asset types like equities at various points in time.
  • Silver is a long-term investment because it may keep its value and increase over time, allowing investors to make money.
  • Silver is typically a liquid market, and certain types of silver assets are very fluid.
  • Silver’s attractiveness stems partly from the fact that it is less associated with other asset markets, such as equities, and hence may serve as a hedge against such markets.
  • Silver may serve as a tool for portfolio diversification because of its lower correlation with other assets, lowering risk and raising possible profits.
  • The dangers and disadvantages of owning Silver are well known.

Because Silver does not generate a regular income stream, it is difficult to determine the best investment moment. The underlying company’s profits or prospects may make the stock appear inexpensive, but that’s not the case here.

The second reason is that investors who want to make money on Silver must rely on someone else to pay more for the precious metal than they did because the metal doesn’t generate cash flow like a company. On the other hand, owners of a firm can benefit from a gain in the commodity’s price or the increased profits of the business, whether through individual stocks or ETFs. As a result, investors in these firms stand to benefit in various ways from Silver.

What Is The Best Time To Buy Silver?

Investing in Silver is a viable option for investors in a wide range of situations:

  • A mismatch between supply and demand is causing prices to rise: Silver’s cost may increase if Silver’s collection is not keeping up with demand.
  • One of the best-valued companies comes on the market. Investing in Silver may be a bright idea if you can locate a firm increasing output or taking advantage of higher silver prices.
  • Inflation protection is a must: Some investors can use commodities like Silver as inflation protection.
  • You’d like to protect your investment portfolio by hedging it: The growing price of Silver (for example, if it is a significant input for your firm) can be offset by purchasing Silver, a commodity.
  • You’d want to diversify your holdings by purchasing commodities: Commodities, such as Silver, can be included in a portfolio’s allocation for diversification and risk reduction.

Expert investors can reap the benefits of adding Silver to their portfolio, but one may better serve novices by establishing a well-rounded portfolio of the most acceptable options.

Where Do I Find the Best Silver Bullion?

It all depends on what you’re trying to accomplish. Some people buy silver coins because silver content is present, and because of the additional monetization, their investment for every Coin may eventually be rewarded. You’ll pay whatever the current market price is, another $2-3 for an ounce of official silver bullion coin of the United States struck this year. However, if you want to buy a 1989 bullion coin of 1 oz., you’ll have to fork up at least $10 more than the market value.

Many people who put money in valuable metals don’t think this is conceivable when they’re ready to spend, which may be disputed seven ways to Sunday. As a result, Silver Bars and Rounds are just as famous as coins.

Buyers of these coins, sometimes known as “universal silver,” are the most vocal opponents of this proposal. According to them, the primary goal is to purchase Silver at the lowest feasible price to reduce your value per oz. as much as possible. If you buy a collection of 1-ounce silver coins, the additional markups you pay would be similar to an ounce of universal or generic Silver you might acquire by cutting back on the markup. To put it another way, you’re accumulating Silver at a rate 5 percent higher than if you were using standard coins.

Investing in Silver through ‘dollar-cost averaging is another primary method that functions as a mediator among these two opposing viewpoints. Precious metals are considered a good long-term investment because they may be a barrier to expansion, a haven from financial turbulence, and a cushion against other market fluctuations.

Using dollar-cost averaging to buy Silver, platinum, and gold throughout the year takes the value of the market and related premiums to a single yearly average price. This means that if you buy silver and gold throughout the year and the market fluctuates somewhat, you bought the metal at about the average yearly cost for that year.

If you’re looking to buy something online, you’ll need too many people to choose to purchase gold, platinum, or silver bullion online from numerous online dealers. However, we endure the only online merchant dedicated to serving customers’ needs who favor Dollar Cost Averaging their security and rely on our experienced dealing work surface to locate the bullion they need. In addition to us, there are many fantastic possibilities for monthly online purchases of precious metals.

More than just ancient Coins collecting books await you at your neighborhood coin store, the LCS. Silver bullion is readily available in the shape of rounds, coins, bars, and 40% and 90% silver bullion at most coin stores in your area. This is a beautiful alternative if you want to stay away from paying to ship. However, you may have to pay a more significant premium if you buy from an LCS. Keeping inventories for lengthy intervals can be incredibly expensive because of a limited market.

There are coin exhibitions where you may buy and sell shares of bullion, as well as numismatic-grade coins. Note the dates of your presentations since these people are typically open to bargaining, price negotiation, and trade.

The pawnshops in your area may have a rotating stock of precious metals if you are determined and visit your hock shop. You may be able to obtain a reasonable price if the proprietor of your confined pop shop is honest; pawnshops typically purchase items for less than the value of the market from people who are pawning their belongings.

Most people do not encourage trading on the subordinate marketplace on the internet. In the secondary market, private sellers use classified advertisements, internet marketplaces, and public sale websites. Do your due research on the seller’s profile because there is a menace of scams and a substantial amount of forged gold and silvery bullion items circulating through these channels?

Correct Silver Copy

There is a far lesser risk of copied or fake valuable silver items than you may expect. Several factors contribute to this, the first of which is the accessibility of test kits. Trying the manufactured goods in question is the best approach to determine whether or not it is a fake. To check the purity of your food or other materials, you can use a variety of low-cost and easily accessible tests.

If you are caught making fake coins, you might face fines of thousands of dollars or perhaps years in jail—fun fact: Your local Secret Service office handles counterfeit money cases. Apart from ensuring the safety of the President, it’s among the duties on which they focus.

This is the last primary reason why trustworthy accessible, valuable silver dealers generally purchase straight from one of the world’s leading suppliers or importers. To continue operating and producing bullion, the numerous mints (both public and private) are required to maintain highly tight certifications and licenses. The company will be shut down if even a bullion piece fails to fulfill purity criteria.


Investing in Silver isn’t for everyone, and some investors choose to pay for businesses rather than the metal. This is why super investors like Warren Buffett choose companies over commodities when making investment decisions.

Even though stocks and ETFs are more liquid, owning real Silver is more complex and expensive. There is no counterparty risk (such as through an exchange or a firm) if you possess physical bullion, yet, the investment relies solely on you for protection.

Daniel Smith
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Daniel Smith

Daniel Smith is an experienced economist and financial analyst from Utah. He has been in finance for nearly two decades, having worked as a senior analyst for Wells Fargo Bank for 19 years. After leaving Wells Fargo Bank in 2014, Daniel began a career as a finance consultant, advising companies and individuals on economic policy, labor relations, and financial management. At, Daniel writes about personal finance topics, value estimation, budgeting strategies, retirement planning, and portfolio diversification. Read more on Daniel Smith's biography page. Contact Daniel:

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