Where To Buy Silver In Monroe, Michigan

Buying Silver Near Monroe Is Easy As 1...2...3!

Step 1
Place Your Order Online!

Step 2
Silver shipped in 24 hours!

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

Local Silver Dealers

1) Michael's Estate Jewelers

0.68 Miles Away (734) 384-1700 437 N Monroe St Monroe, MI 48162

2) M & M Gold Exchange

17.09 Miles Away (419) 472-2820 1855 W Alexis Rd Toledo, OH 43613

3) Trenton Jewelers

18.34 Miles Away (734) 676-0188 2355 W Rd Trenton, MI 48183

4) Three Coins Coin Shop

18.90 Miles Away (734) 675-4215 2745 W Jefferson Ave Trenton, MI 48183

5) Garner's Jewelry & Exchange

20.41 Miles Away (734) 287-6422 23940 Eureka Rd Taylor, MI 48180

6) 14K Pawn and Exchange

21.35 Miles Away (734) 285-4653 16146 Eureka Rd Southgate, MI 48195

7) Rudy's Exchange

22.76 Miles Away (734) 281-4900 2481 Fort St Wyandotte, MI 48192

8) Tony's Pawn & Resale Shop

23.46 Miles Away (734) 283-2160 1325 Fort St Wyandotte, MI 48192

9) Gold And More Cash

25.46 Miles Away (630) 310-9011 120 Pearl St Ypsilanti, MI 48197

10) Mel's Exchange

25.46 Miles Away (313) 561-3010 21502 Van Born Rd Dearborn Heights, MI 48125

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

Keep Some Silver Nearby - But Not Too Much

Governments around the world have seized noble metals from time to time, so keeping your entire stash locally could be a bad idea depending on where you live.


Safe jurisdictions like Switzerland should be considered when you get to the point of holding a significant (tens of thousands of dollars worth generally) 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.

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!

Stay Liquid

Having liquid silver on-hand and ready in the event of a crisis is the best hedge. Being invested in silver ETFs is fine depending on your objectives, but if you're truly hedging against unforeseen market collapses, you want physical metal in your possession.