Where To Buy Silver In Murphy, Texas

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

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Place Your Order Online!

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

Local Silver Dealers

1) Texas Dollar Pawn

5.19 Miles Away (972) 429-5072 1000 Hwy 78 N Ste A Wylie, TX 75098

2) Diamond & Gold Exchange

5.79 Miles Away (214) 227-4070 4750 N Jupiter Rd Ste 107 Garland, TX 75044

3) Allen Village Jewelers

8.10 Miles Away (972) 678-4521 190 E Stacy Rd Ste 206 Allen, TX 75002

4) Rowlett Gold & Silver

8.10 Miles Away (214) 440-2586 5117 Rowlett Rd Rowlett, TX 75088

5) Gold & Silver Exchange in Richardson

8.83 Miles Away (972) 783-4653 100 S Central Expy Ste 50 Richardson, TX 75080

6) Parkway Jewelry And Loan

9.20 Miles Away (972) 985-7599 4006 W Plano Pkwy Plano, TX 75093

7) Uncle Dan's Pawn - Garland

9.54 Miles Away (972) 271-6200 2930 Dairy Rd Garland, TX 75041

8) Taylor Gold And Silver Garland

9.98 Miles Away (972) 840-3641 3345 Broadway Blvd Ste 105 Garland, TX 75043

9) The CellphoneXchange

9.98 Miles Away (972) 840-3641 3345 Broadway Blvd Ste 105 Garland, TX 75043

10) McKinney Gold and Diamond Exchange

10.66 Miles Away (972) 548-9995 3050 S Central Expy Ste 150 McKinney, TX 75070

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 Texas

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.

Know And Comply With The Law

It's important to comply with the law when it comes to buying silver, and knowing what they are goes a long way.


Under a certain dollar amount, there's no need to declare (which may be attractive to some), but once you hit a threshold you will need to (and should) declare your holdings.

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.

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!