Where To Sell Silver In Melrose, Massachusetts

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

Local Silver Dealers

1) Gold & Diamonds Etc

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

2) Art Carl Jewelers & AC Loan

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

3) Peroni's Jewelry

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

4) Rolands Jewelry

3.72 Miles Away (781) 391-9889 70 High St Medford, MA 02155

5) Cash Point

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

6) LBC Boutique & Loan

5.25 Miles Away (617) 821-6229 260 Elm St Somerville, MA 02144

7) Fast Cash Buy-Sell-Loan

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

8) Sherman Loan Company

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

9) La Chic Boutique

6.65 Miles Away (617) 821-6229 541 Massachusetts Ave Cambridge, MA 02139

10) Bromfield Jewelers & Estate Buyers

6.80 Miles Away (617) 423-7464 53 Bromfield St Boston, MA 02108

Finding A Great Place To Sell Silver In Melrose

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 Melrose, 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 Massachusetts

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.

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.

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.

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.