U.S. Coins & Jewelry both buys and sells silver of all types. This includes silver coins and silver jewelry, as well as:
Flatware and holloware
If you have diamonds and semi-precious gemstones, bring those in, too! Or, if you are not sure exactly what kind of precious metals or gemstones you have, bring in your items and we will evaluate them and give you a fair price.
Make sure you take your silver and gold items to a reputable dealer who treats you right. Our equipment is certified by the state of Texas, as is our license. We grade each item individually, based on purity.
Our precious metals come primarily from the U.S. Mint or other private mints that are recognized by the London Bullion Market Association (LBMA) Good Delivery List. The LBMA's Good Delivery List details the names of accredited refiners, marking details of their bullion bars, and their listing date. Good Delivery Lists are universally considered the de facto standard in the quality assessment of silver and gold bars.
Yes, the price of silver and all traded precious metals fluctuates on a day-to-day basis throughout the world markets. The current market price of silver is called the spot price.
Like gold, silver is a liquid asset. It is very easy to buy or sell. It is highly unlikely you'd ever get "stuck" with precious metals the way you might with equities and properties. Of course, you still need to use caution in terms of where you buy and sell your silver in order to get the best deal.
We suggest only doing business with licensed dealers of precious metals that buy and sell on a day-to-day basis. The staff at U.S. Gold & Jewelry has obtained vast knowledge of precious metals, markets, and premiums over the course of more than 30 years.
HOW TO SELECT AND BUY SILVER
October 5th, 2016
Three Reasons To Buy Silver NOW!
Asset diversification is a smart investing technique, and precious metals are a great way to diversify.
Silver has a low price-of-entry, liquidity, portability and it’s also a key industrial metal.
Here are three reasons to buy silver:
1. Silver is a Tangible Asset
Silver functions as a store of value and has the potential for significant gains. It is heavily used by industry and right now is priced below the cost of production making it a strong buy!
Silver is very affordable, so consider weekly or monthly fixed purchases to build a position.
3. Shrinking Stockpiles
Above ground stocks are shrinking and this is unique among the metals. Production cannot meet current demand.
September 8, 2016
Diversify Your Assets, The Time To Buy Silver Is Now
Silver is a tangible, hard asset that is a perfect way to diversify your investment portfolio. Known as “poor man’s gold,” silver offers investors a low price of entry, portability and liquidity.
Silver has value as both a hard asset and an industrial metal. Silver is the most electrically and thermally conductive metal making it invaluable in the production of electronics like cell phones and computers, automobiles, and medical devices. Colloidal silver has antibacterial properties making it useful in pharmaceutical applications as well. Modern life as we know it would not exist without silver.
Above ground inventories are shrinking and once silver is removed from stockpiles, it is never replenished. Currently, silver prices are below production costs making it the perfect investment for value investors. Adding a small amount of silver to your investment portfolio is a great long-term investment at current prices.
June 13, 2016
The Case To Buy Silver:
Silver is considered a tangible hard asset. Unlike stocks, whose value is based on future earnings and investor interest, silver offers inherent value and has never been worth “zero.” Often referred to as “Poor Man’s Gold,” silver offers investors a low price of entry, portability and liquidity.
The value in silver comes from its dual use as both a hard asset and industrial metal. It’s used in electronics, automobiles, medical devices and pharmaceuticals. In fact silver has hundreds of industrial uses and demand is growing. It is the most electrically and thermally conductive metal making it indispensable. Modern life would not exist without silver.
In the past twenty years, as technology has developed, silver usage and demand has increased radically; laptops, cell phones, tablets and monitors all use trace amounts. Once it is removed from above ground inventories, it is never replenished. Its value is generally 1.5 – 2% of gold and 70% is used in industrial and medical applications. Currently demand is outpacing supply and stockpiles are shrinking. Most “in the ground” reserves are located in politically unstable, undeveloped countries. Buy silver and invest in a smart long-term holding to diversify your portfolio.
April 3, 2016
Precious metals are “hard assets” and a great way to diversify your holdings. Silver is affordable, available, liquid, portable, and offers the lowest price of entry. Here’s how to select and buy silver for your portfolio.
Silver is available as coins (called rounds), produced by governments (US Silver Eagles, Canadian Maples Leafs) and private mints like Englehard. Rounds are pure silver, marked .999 fine and weigh 1 troy ounce. Rounds are priced based on the daily spot price plus a small buyer’s premium. If you’re looking for heavier weights, bars are available in sizes from 1 to 1000 ounces. Finally, if you’re interested in a large quantity, consider buying bags of 90% silver pre-1964 American coins like dimes, or quarters sold in “face value” bags of either $500 or $1000.
Like bars and rounds, bags are priced based on the daily spot market value with a small premium added.
It’s easy to set up a scheduled investment using dollar cost averaging to leverage your purchase. Set aside a fixed monthly amount and you can build significant holdings over time. Always buy silver from a reputable dealer and take physical possession of your metal.
Diversification is a smart investment strategy that can help stabilize your portfolio. One way to diversify is to include tangible assets like precious metals in your investment mix. Silver is affordable, liquid, and now is a great time to buy. When you’re looking to buy silver, you basically have three choices.
1. Silver “Rounds” or Coins – are offered by governmental treasuries (American Silver Eagles, Canadian Maple Leafs, etc.) and third party mints, weigh one troy ounce and usually come with a slight premium over spot price.
2. Silver Bars – Silver can be purchased in bar form and sizes can range from one ounce up to 1000-ounce bars. Again, price is generally based on spot prices plus a small premium, which goes down as the size of the bar goes up.
3. “Junk” Silver – This generally refers to U.S. Silver dimes, quarters and half-dollars minted prior to 1965. Coins struck prior to this date contained 90% silver. Generally purchased in either $500 or $1000 “face value” bags (2000, .50 cent coins, 4000, .25 cents, etc.) These generally come with the lowest premium.
As an investor, diversification of your portfolio is a smart practice. Precious metals play a role in a well-diversified portfolio.
Silver, gold, platinum and palladium are available and can be placed into a precious metals IRA for added tax savings. For many investors, silver is the best choice to begin to build a precious metals portfolio due to its availability, liquidity and low entry price.
Here’s how to select and buy silver:
Silver is available in three forms; coins or rounds, bars, and bags of 40% or 90% silver American coins. The easiest form to purchase is coins or rounds. They contain 1 troy ounce of .999 fine silver, and are usually issued by governments (such as the U.S. American Eagles and Canadian Maple Leafs). Rounds are one troy ounce (to as small as 1/4 oz.) “coins” produced by trusted private mints like Englehard, Golden State Mint or Sunshine Mining.
Rounds are priced at the daily spot price for silver plus a small premium per piece. Bars produced by these same private mints start at 1 troy ounce and can be purchased in increments up to 1000 troy ounces. Finally, pre-1964 silver coins are sold in “face value” bags of $500 or $1,000, again priced at the spot metal price.
All forms carry a buyer’s premium, but as sizes increase the “per ounce” premium is reduced. Because of the low entry price, it’s possible to build a portfolio over time for a very small investment. Work with a reputable dealer and always take physical possession of your silver.