Where To Sell Silver In Somerville, Massachusetts

Selling Silver Near Somerville 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 Somerville, 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) LBC Boutique & Loan

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

2) La Chic Boutique

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

3) Rolands Jewelry

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

4) Peroni's Jewelry

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

5) Kenmore Collectibles

2.95 Miles Away (617) 482-5705 466 Commonwealth Ave Boston, MA 02215

6) Art Carl Jewelers & AC Loan

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

7) Gold & Diamonds Etc

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

8) Bromfield Jewelers & Estate Buyers

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

9) Boston Jewelry & Loan

3.13 Miles Away (617) 542-1990 53 Bromfield St Boston, MA 02108

10) Colonial Trading Co.

3.14 Miles Away (617) 695-1652 41 Bromfield St Boston, MA 02108

Finding A Great Place To Sell Silver In Somerville

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 Somerville, 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

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!

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.

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.