Where To Buy Silver In Damascus, Maryland

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

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Place Your Order Online!

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

Local Silver Dealers

1) Gaithersburg Coin Exchange

9.41 Miles Away (301) 948-6884 16 E Diamond Ave Gaithersburg, MD 20877

2) First Cash Pawn

12.68 Miles Away (301) 279-5922 1309 E Gude Dr Rockville, MD 20850

3) The Frederick Coin Exchange

14.65 Miles Away (301) 898-2863 20 N East St Frederick Md 21701 Frederick, MD 21701

4) Coins Of The Realm

14.69 Miles Away (301) 340-1640 1331 F Rockville Pike Rockville, MD 20852

5) Cole's Pawnbroker's Outlet

14.99 Miles Away (301) 662-1203 242 N Market St Frederick, MD 21701

6) Precious Metal Liquidators

17.30 Miles Away (301) 384-5391 13426 New Hampshire Ave Silver Spring, MD 20904

7) Kings Contrivance Jewelers

19.39 Miles Away (443) 542-9811 8640 Guilford Rd Ste B50 Columbia, MD 21046

8) CIRCA Bethesda

20.90 Miles Away (240) 482-1581 7315 Wisconsin Ave Ste 230 E Wisconsin Tower East Bethesda, MD 20814

9) Hampshire Pawn Brokers

21.05 Miles Away (301) 445-1000 10210 New Hampshire Ave Silver Spring, MD 20903

10) Velasquez Jewelers

21.23 Miles Away (703) 421-8222 21580 Atlantic Blvd Ste 120 Sterling, VA 20166

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 Maryland

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.

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.

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.

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!