Where To Sell Silver In Lake City, Minnesota

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

Local Silver Dealers

1) Hight & Randall

30.02 Miles Away (507) 289-0500 3273 19th St NW Ste 1 Rochester, MN 55901

2) Pawn America

31.07 Miles Away (507) 529-1227 770 1st Ave SE Rochester, MN 55904

3) American Independent Gold & Sliver

35.60 Miles Away (715) 245-2456 1745 11th Ave Baldwin, WI 54002

4) Pawn America

49.23 Miles Away (651) 457-5555 1682 Robert St S Ste 1 West St. Paul, MN 55118

5) Twin Cities Pawn

49.86 Miles Away (651) 578-8665 1021 Geneva Ave N Oakdale, MN 55128

6) Gold & Check

52.76 Miles Away (651) 777-0068 6050 50th St N Oakdale, MN 55128

7) Best Pawn

52.88 Miles Away (651) 209-0398 525 7th St E Saint Paul, MN 55101

8) Best Pawn

53.38 Miles Away (651) 228-1847 966 7th St W Saint Paul, MN 55102

9) Pawnworks - Burnsville

53.58 Miles Away (952) 736-7782 1301 Riverwood Dr Burnsville, MN 55337

10) King's Ransom Gold & Silver

53.64 Miles Away (651) 333-4700 1202 Payne Ave Saint Paul, MN 55130

Finding A Great Place To Sell Silver In Lake City

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 Lake City, 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 Minnesota

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!

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.

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.

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.