Where To Sell Silver In Pekin, Illinois

Selling Silver Near Pekin Is Easy As 1...2...3!

Step 1
Request an appraisal kit!

Step 2
Ship your silver!

Step 3
Get paid cash!

Selling silver in Pekin, Illinois shouldn't be a hassle! Tons of local and national silver dealers are paying top dollar for your unwanted metals!

Local Silver Dealers

1) Derby Pawn

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

2) Christopher Coin Gun & Pawn

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

3) Adams Street Exchange Pawn & Swap

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

4) A-Z Jewelry & Swap

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

5) R & J's Northside Pawn Shop

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

6) Pawn King

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

7) Wendy's Creative Collections & Coins

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

8) Westlake Rare Coins

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

9) Monster Pawn

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

10) Midwest Exchange

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

Finding A Great Place To Sell Silver In Pekin

Whether you're selling silver coins, jewelry, or bars, it's critical to find a good buyer. There are a ton of businesses that trade in silver, and they're definitely not all created equally.


Frequently the value of a silver item is at least partially subjective, with things like rarity, craftsmanship, and other factors heavily influencing the value. It's important to go into any potential selling situation well informed to help you get the best price!


Whether you decide to go with a national service where your items are mailed in and appraised, or a dealer local to Pekin, research is key. Know who you're dealing with by checking with organizaions like the BBB, and know the value of your items by checking spot prices and getting competing offers.


Selling silver can be intimidating at first for a new-comer, but it doesn't have to be! As with all things in life, preperation is the key to success.


Tips For Selling Silver In Illinois

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.

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.

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!

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.