Where To Buy Silver In Salem, Illinois

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

Local Silver Dealers

1) Centralia Coin Stamp

12.01 Miles Away (618) 533-4200 330 W Broadway Centralia, IL 62801

2) Biegert's Jewelry

55.74 Miles Away (618) 345-3399 113 W Main St Collinsville, IL 62234

3) Airline Pawn

62.82 Miles Away 501 E Airline Dr East Alton, IL 62024

4) Kay's Pawn Shop

63.19 Miles Away (618) 451-1055 2500 Nameoki Rd Granite City, IL 62040

5) Midwest Cash

63.91 Miles Away (618) 549-6599 1200 W Main St Carbondale, IL 62901

6) Sam Light Loan & Mercantile

67.98 Miles Away (314) 371-8007 2601 Olive St Saint Louis, MO 63103

7) Southside Pawn and Jewelry

72.84 Miles Away (314) 353-2992 8101 Gravois Rd Saint Louis, MO 63123

8) Cash America Pawn

76.06 Miles Away (314) 830-2820 7700 N Lindbergh Blvd Hazelwood, MO 63042

9) First Cash Pawn

76.09 Miles Away (314) 839-8003 7751 N Lindbergh Blvd Hazelwood, MO 63042

10) Piggy Banc Pawn Shop

77.55 Miles Away (812) 886-0144 1107 Main St Vincennes, IN 47591

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

Silver Purchase Format

As a general rule, you should look at buying legal tender silver coins wherever possible. This will almost certainly include less overhead and premium than other formats, and be closer to the true spot price of silver.


Purchasing rare silver coins should be avoided unless you really know what you're doing. Some subjective measures of value are easy to misjudge, and may result in you getting taken advantage of.

Stay Liquid

Having liquid silver on-hand and ready in the event of a crisis is the best hedge. Being invested in silver ETFs is fine depending on your objectives, but if you're truly hedging against unforeseen market collapses, you want physical metal in your possession.

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.

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.