Where To Buy Silver In East Peoria, Illinois

Buying Silver Near East Peoria 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 East Peoria, Illinois has never been easier! Dozens of local and national silver dealers are standing by to help you invest!

Local Silver Dealers

1) R & J's Northside Pawn Shop

2.69 Miles Away (309) 673-2274 1215 NE Jefferson Ave Peoria, IL 61603

2) A-Z Jewelry & Swap

2.92 Miles Away (309) 637-4531 414 SW Adams St Peoria, IL 61602

3) Adams Street Exchange Pawn & Swap

2.92 Miles Away (309) 673-8888 416 SW Adams St Peoria, IL 61602

4) Wendy's Creative Collections & Coins

4.08 Miles Away (309) 685-5323 3223 N Prospect Rd Peoria, IL 61603

5) Pawn King

5.17 Miles Away (309) 682-0300 3108 N University St Peoria, IL 61604

6) Westlake Rare Coins

8.21 Miles Away (309) 693-2541 7815 N Knoxville Ave Ste 1-C Peoria, IL 61614

7) Derby Pawn

9.58 Miles Away (309) 346-8609 814 Derby St Pekin, IL 61554

8) Christopher Coin Gun & Pawn

9.81 Miles Away (309) 353-7522 333 Derby St Pekin, IL 61554

9) Monster Pawn

32.56 Miles Away (309) 823-9115 1610 R T Dunn Dr Bloomington, IL 61701

10) Midwest Exchange

33.13 Miles Away (309) 662-7296 1404 E Empire St Bloomington, IL 61701

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

Maintain Direct Control Of Your Silver

If you're not buying an huge amount of silver, you should aim to maintain direct control over it at your home or other property.


If you're investing heavily, to the point where you need a safe alternative location to store it, be sure to go somewhere like Switzerland with strong property rights. It's key to make sure they can't lend or hedge using your stash.

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.

Avoid The Banking System

Physical precious metals like silver are a hedge to the traditional banking system. In a crisis, if the system collapses, it may very well take your property down with it (if it can).


If there is a run on the banks, having your silver under your direct control means they can't confiscate it, block access to it, or have loaned it out in a leveraged fashion.