Where To Sell Silver In Damascus, Maryland

Selling Silver Near Damascus 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 Damascus, Maryland shouldn't be a hassle! Tons of local and national silver dealers are paying top dollar for your unwanted metals!

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

Finding A Great Place To Sell Silver In Damascus

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 Damascus, 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 Maryland

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.

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.

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!