Best Place To Buy Silver: Low Prices From a Trusted Dealer

Joshua McMorrow-Hernandez

Published: August 10, 2021

This post will explain why trusted precious metals dealers with low prices are the ideal option for buying silver.

Our core expertise is in buying and selling silver and other precious metals—so we know what we're talking about! Gainesville Coins has decades of experience doing business in the silver bullion market. We are one of the largest silver dealers in North America and are active in the silver market in over 40 countries around the world.

We're going to examine how to find the right silver bullion dealers for precious metals investors. Both online sellers and physical stores where you can shop in person will be covered.

Silver Eagle Silver Bar (1) (1)

Deciding Where to Buy Silver & Why

So, you’re searching for silver and don’t know where to begin… You may need to do a little more digging when searching for the right precious metal dealer. Here are some things to consider when you’re looking for the best place to buy silver:

Customer Reviews: When you’re looking around for a new restaurant to try, don’t you generally peruse the reviews first? Does the restaurant have good service? Bad food? So-so drinks?

These are all things you want to know before you belly up to the bar or sit down at the table. The same goes for shopping around for the best company to buy silver from... See what other customers are saying first!
Professional Affiliations: Silver dealers who have been around for a while or do a lot of business tend to belong to large networks of professionals in the industry. This can be a very good thing for customers.

Well-connected dealers are both able to offer a larger supply and selection of silver. They will always do their best to keep their solid reputation alive and well. Silver dealers who belong to professional organizations such as the National Coin & Bullion Association and the National Inflation Association are worth searching for.
Inventory & Selection: It makes sense to find a silver dealer who sells what you’re looking for, right? Save yourself the time and effort by making sure early on in your search for a dealer that the one you’re considering offers what you’re looking for.

Even if you don’t find exactly what you want in the dealer’s brick-and-mortar or online inventory, be sure to ask. They simply may not have yet listed or displayed what you’re searching for, or they might have an inside connection in their network with someone who does.

Old silver coins from around the world.

Online Silver Dealer Options

Buying silver online is nothing new. Collectors and investors alike have been turning to the internet to buy silver since the 1990s and early 2000s.

Even still, many prefer to buy silver in-person at a physical brick and mortar store. There are many options for those wishing to pay for and take home their silver on the same day—a clear advantage when buying anything in person.

Of course, online buying has its numerous benefits, too, including convenience. Where else can you buy silver in your pajamas at 1 in the morning? Where else can you view a dealer's entire inventory of Silver Eagles for sale at once? Buying online also helps avoid in-person contact amid the pandemic.

If you’re looking for a great place to buy silver, you should consider a dealer who offers both online and brick-and-mortar options. Many dealers out there have a physical storefront for buying silver and offer an e-commerce portal for buying silver coins, silver bullion bars, and silver rounds online. This can be an ideal situation for those who want to buy silver because it will give them a single trusted source for their metals. They can purchase in-person if they prefer during business hours or place orders online after hours.

If your search for the best silver dealers will stay within the realm of the information superhighway, you’ve got a plethora of options to buy precious metals online. There are numerous major silver dealers whose sole purpose as a business is to buy and sell silver coins, rounds, and bars on the internet. And there are lots of these places out there.

Always compare prices from online bullion dealers with your local coin shop before buying. The price for the item you want may be lower there, even if the online dealer offers free shipping. Compare the premium (or mark-up) on each product to the current silver spot price for any idea of how "expensive" it is. You should strive to get the best value for your money.

Silver bars often have the lowest price per troy oz of any silver products.

In Person Silver Dealer Options

In the old days (like the 1990s?), if you wanted to find a silver dealer, you’d open the phone book and look under “Coin Dealers” or “Bullion.” You’d find a list of places within the geographical confines of your area code.

Today, you have the option of simply typing in “Silver Dealers Near Me” in your search engine, and—abracadabra—a map pops up on your device showing you exactly where all the dealers are near you. Easy peasy!

Coin dealers and bullion dealers are the two primary bricks-and-mortar options for those wishing to buy silver in person. Each big city usually has at least a few such places. You can always call ahead and see if they have what you’re looking for before paying a visit.

But sometimes it’s more fruitful and even more fun to simply stop in and see what they have in their cases. It’s often the case you’ll find exactly what you’re looking for without even knowing you wanted it.

Of course, the basic principles of searching for the best silver dealer apply when looking for bullion in person. Be sure you're selecting a silver bullion dealer who is affiliated with reputable industry organizations and has favorable reviews from other customers! This advice is especially true when you're buying gold coins, too.

Also make sure the dealer buys back any products they offer for sale. Many investors don't realize how important this is. Anyone who sells gold, silver, and other metals but won't buy them back from you should be avoided.

Some silver products come with a certificate of authenticity, like this Trident 10 oz silver bar.

Your Best Choice for Buying Silver Online in 2022

Having said all of that, the best place to buy silver online is Gainesville Coins. We are a major bullion dealer that is headquartered north of Tampa, Florida. The company also fields bricks-and-mortar locations around the world. This makes us one of the largest online precious metals distributors in North America.

We have been in business since 2006 and have earned nods from prestigious consumer organizations such as the National Inflation Association, which bestowed Gainesville Coins with the Best Bullion Award and granted other accolades to the online silver dealer based on unbiased gold and silver seller reviews.

Thanks to our close relationship with private and government mints, Gainesville Coins carries the latest 2022 silver bullion products in our available inventory. Gainesville Coins offers a wide array of silver coins, rounds, and bars, including:

pre-1965 90% junk silver coins
Morgan and Peace silver dollars
American Silver Eagle and American Gold Eagle coins from the United States Mint
Canadian Silver Maple Leaf coins from the Royal Canadian Mint
silver rounds from leading private mints
silver bars ranging in size from 1 oz to 1 kilo and beyond.

Gainesville Coins can even help you include silver and gold in a precious metals IRA. We are happy to answer your questions and educate you on the silver products that best suit your personal tastes or investment objectives. Our team of professionals are all expertly trained in silver bullion. We also back every purchase with a money-back satisfaction guarantee.

Stacks of American Eagle silver bullion coins available at Gainesville Coins.

Ready to Buy Silver Bullion From Gainesville Coins?

You can shop for the highest quality silver right now at Gainesville Coins. We usually have the lowest prices anywhere on many of our gold, silver, platinum, palladium, and copper items, including coins, rounds, and bars. Browse the inventory available on our site with the links below, or visit our home page at GainesvilleCoins.com.