Where To Buy Silver In Palatine, Illinois

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

Local Silver Dealers

1) PGS Gold & Coin

1.18 Miles Away (847) 348-6447 830 W NW Hwy Ste 7 Palatine, IL 60067

2) TDC Jewelry

2.79 Miles Away (847) 913-5531 21805 West Field Pkwy Ste 170 Deer Park, IL 60089

3) Arlington Coin

3.81 Miles Away (847) 577-8117 8 E Northwest Hwy Arlington Heights, IL 60004

4) GoldMax

5.03 Miles Away (877) 465-3629 140 E. Golf Rd. Schaumburg, IL 60173

5) Convert 2 Cash

5.16 Miles Away (847) 781-0890 1125 N Roselle Rd Hoffman Estates, IL 60169

6) Northstar Jewelry & Loan

7.08 Miles Away (815) 513-4990 135 N Milwaukee Ave Wheeling, IL 60090

7) PGS Gold & Coin

7.70 Miles Away (847) 278-7691 900 S Roselle Rd Schaumburg, IL 60193

8) Diamond Jewelry & Loan

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

9) GoldMax

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

10) Alexander Coin & Pawn

9.48 Miles Away (847) 803-0277 650 Graceland Ave Des Plaines, IL 60016

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

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.

Invest On A Long Time Horizon

When investing in any asset, including silver, it's important to keep the time horizon in mind. Prices fluctuate, and over a longer time horizon there's a better chance of your investment appreciating in value.


The last thing anyone would want is to invest money they'll need in the coming months, only to have the market move against them. Talk to your financial adviser, and carefully plan any future purchases.

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.

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!