Where To Buy Silver In Elgin, Illinois

Buying Silver Near Elgin Is Easy As 1...2...3!

Step 1
Place Your Order Online!

Step 2
Silver shipped in 24 hours!

Step 3
Your Silver arives!

Buying silver in Elgin, Illinois has never been easier! Dozens of local and national silver dealers are standing by to help you invest!

Local Silver Dealers

1) Northern Illinois Coin & Stamp Inc

0.88 Miles Away (847) 695-0110 1100 Larkin Ave Elgin, IL 60123

2) Windy City Jewelry And Loan

1.19 Miles Away (847) 622-7296 943 N McLean Blvd Elgin, IL 60123

3) GoldMax

1.98 Miles Away (877) 465-3629 887 Randall Rd. Elgin, IL 60123

4) GoldMax

6.30 Miles Away (877) 465-3629 659 S. Sutton Rd. Streamwood, IL 60107

5) STC Cash for Gold and Silver

8.67 Miles Away (847) 888-3883 840 W Main St St Charles, IL 60174

6) Gold & Jewelry Direct

9.00 Miles Away (847) 458-0899 130 S Main St Algonquin, IL 60102

7) GoldMax

9.42 Miles Away (877) 465-3629 7420 Barrington Rd. Hanover Park, IL 60103

8) Keehn's Jewelry

9.50 Miles Away (847) 854-2410 1201 W Algonquin Rd Algonquin, IL 60102

9) Cash 4 Gold

9.73 Miles Away (630) 677-2780 3939 W Algonquin Rd Algonquin, IL 60102

10) Diamond Jewelry & Loan

10.34 Miles Away (630) 830-5080 7201 Olde Salem Circle Hanover Park, IL 60133

Silver Purchase Formats

There are a number of physical formats you can consider when buying silver:


  • Silver Coins: Some coins have a "rarity" component associated with them that can add to their value. Coins are a great option but avoid purchasing based on rarity unless you really know what you're doing
  • Silver Jewelry: Investing in jewelry is another option. You'll take craftsmansip, design, and purity into account when valuing these items.
  • Silver Bars: Bars are typically quite pure, and stamped with the name of the production refinery. Value is directly aligned to the amount of metal in the bar.
  • Silver ETFs: These are funds designed to follow the spot price of silver. It doesn't mean you own anything physically, and isn't an effective hedge against total system collapse (but can be a good investment vehicle for some).

Tips For Buying Silver In Illinois

The Swiss Understand Property Rights

The Swiss government is unique, in that it's highly decentralized. They simply don't have the structure that would allow for a central authority to come in and confiscate property.


Because of this, they've long been considered a safe haven for metals like silver, and the reason we recommend considering sending some there once you've accumulated a large amount.

Stick To Physical Silver Coins, Bullion, and Jewelry

Silver owned through a commodities exchange, or "on paper" is no substitute for physical bars, coins, or jewelry. Exchanges are heavily leveraged, which means if everyone tried to "cash out" at once, there isn't enough physical metal to go around.


Moreover, precious metals are typically meant as a hedge against the complete collapse of the traditional banking infrastructure. If you wind up needing it, you'll want to have it close at hand!

Keep Some Silver Nearby - But Not Too Much

Governments around the world have seized noble metals from time to time, so keeping your entire stash locally could be a bad idea depending on where you live.


Safe jurisdictions like Switzerland should be considered when you get to the point of holding a significant (tens of thousands of dollars worth generally) amount.

Don't Buy Silver On Credit

Buying silver on credit or speculating on the future price can lead to getting yourself in a significant financial jam.


Instead, put some money to the side that you're sure you're not going to need in a short time horizon, and use that to invest.