Where To Buy Silver In Ferndale, Michigan

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

Local Silver Dealers

1) Pay Beny

3.52 Miles Away (800) 729-2369 21380 Greenfield Rd Oak Park, MI 48237

2) Diamond City Jewelers

3.61 Miles Away (248) 268-3222 15631 W 9 Mile Rd Southfield, MI 48075

3) American Jewelry & Loan

3.67 Miles Away (313) 345-4000 20450 Greenfield Rd Detroit, MI 48235

4) 14K Pawn & Exchange

3.69 Miles Away (248) 545-1000 28975 Woodward Ave Berkley, MI 48072

5) Chantelle Jewelers

4.66 Miles Away (248) 589-0027 30573 Dequindre Rd Madison Heights, MI 48071

6) Aaron's Jewelry and Loan Inc

4.71 Miles Away (313) 867-3000 12345 Woodward Ave Highland Park, MI 48203

7) Motor City Pawn Brokers

5.38 Miles Away (586) 758-2274 22100 Van Dyke Ave Warren, MI 48089

8) Golden Island Jewelry & Pawn

5.39 Miles Away (586) 756-2110 23524 Van Dyke Ave Warren, MI 48089

9) Hamtramck Pawns

5.94 Miles Away (313) 338-3597 9319 Joseph Campau Ave Hamtramck, MI 48212

10) Birmingham Coin & Jewelry

6.57 Miles Away (248) 642-1234 33802 Woodward Ave Birmingham, MI 48009

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 Michigan

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.

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.

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.

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!