Where To Buy Silver In Gloucester, Massachusetts

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

Local Silver Dealers

1) Kaminski Auctions

10.99 Miles Away (978) 927-2223 117 Elliott St Beverly, MA 01915

2) RJ Coins and Jewelry

12.50 Miles Away (978) 745-8563 68 Wharf St Salem, MA 01970

3) Sherman Loan Company

17.04 Miles Away (781) 598-4567 4 Freeman Square Lynn, MA 01901

4) Fast Cash Buy-Sell-Loan

17.49 Miles Away (781) 584-8696 50 State St Lynn, MA 01901

5) Cash Point

21.82 Miles Away (781) 629-5080 7 Everette St Revere, MA 02151

6) Gold & Diamonds Etc

23.71 Miles Away (781) 322-6700 27 Pleasant St Malden, MA 02148

7) Art Carl Jewelers & AC Loan

23.74 Miles Away (781) 322-4551 56 Pleasant St Malden, MA 02148

8) Peroni's Jewelry

23.79 Miles Away (781) 321-0006 22 Eastern Ave Malden, MA 02148

9) Plaistow Trading & Pawn

24.94 Miles Away (603) 382-7296 27 Plaistow Rd Rt 125 Plaistow, NH 03865

10) Loan USA

25.04 Miles Away (978) 974-9998 92 Broadway Lawrence, MA 01840

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 Massachusetts

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.

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.

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.