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Current Silver Price

The current silver price can be found by doing a web search. Silver is part of the periodic table with the periodic symbol Ag which is derived from the Greek word arguros, which has an Indo-European root meaning of grey or shining. Silver is a very malleable, ductile piece of metal with a much higher electrical conductivity then copper.

In fact, it has the highest of all the metals but has not been widely used due to the current silver prices then and now being so much higher then copper. Silver is described as a soft, white, lustrous, metal. An interesting fact about silver is that during WWII 13,450 tons of silver was use in electromagnets to enrich uranium largely due to the copper shortage that was going on at that time.

The current silver price will affect the cost of items just like gold. Silver has been used largely in jewelry, currency, ornaments and high end flatware. Silver is also widely used industrially from photographic film to being used as a conductor in mirrors. The current silver price will fluctuate on a daily basis and has seen better days in the past where it traded closer to $50.00 dollars a ounce. So what affects the current silver price? Many people think that, like gold, it’s safer to invest in than paper currency.

This may be true due to the fact that one of the biggest things that affects the current silver price is the U.S. dollar exchange rate against other international currencies. Based on the current silver price, it may be a good time to invest in silver. It’s at a much lower rate than it previously has been and should be thought of as a long term investment since the current silver price changes daily and may not reach an optimal height till long into the future.

The U.S. stopped minting silver coins in 1964. The last circulating silver U.S coin was the 40 percent half dollar minted in 1970. Like the U.S, Canada minted there last silver coins in 1968 which were included the 50% dime and 50% quarter. However, much like the United States mints, the Royal Canadian mint still produces a wide variety of collectible silver coins. The current silver price will affect the price you receive for your items when you go to sell your old silver flatware or jewelry to jewelry buyers. Unlike silver bullion, which is largely bought at a small percentage back of the current silver price, jewelry and flatware and things of this nature are bought at a larger cost back of spot to cover the cost of refining on these items.

2 LAS VEGAS

LOCATIONS

East Flamingo

Monday – Friday 8:30 am – 4:30 pm
Saturday 8:30 am – 2:30 pm
Sunday Closed

West Flamingo

Monday – Friday 9:30 am – 6:00 pm
Saturday 10:00 am – 4:00 pm
Sunday Closed

WHY CHOOSE US?

READ OUR REVIEWS

My Aunt recently passed and she lived in the outskirts of Las Vegas. While my sister and I went through her estate we found a number of items that neither of us considered keeping, but our aunt was clear in her will that she wanted us to use her things to make a profit and in turn use that money to help our futures. We shopped around, especially not being from the area, and got a lot of negative experiences just on the phone. People were rude, uninformative, and really just gave us a feeling they wanted to rip us off. It made us think of those dirty pawn shops you “hear about”. Finally I called Nevada Coin and Jewelry and the whole day shifted! We described a few pieces of jewelry and they helped us figure out initially a general value based on the metal. Of course, they did explain the importance of actually coming in and examining the pieces individually. That level of service over the phone got us through the door. When we went to the spot we were greeted with the same level courtesy, but the professionalism when going over each item and it’s value was through the roof! They took the time to explain why each item was worth what amount and even gave us a little bit of history on the styles. At the end of the day, my sister and I walked away with a sizable amount of money to put towards my son’s college fund and my sister’s vet school. Thanks, Nevada Coin and Jewelry!

Ashleigh L.

Professional, friendly staff. Knowledgeable and fair. An interesting experience and would definitely visit again.

Gail B.

Been living in Vegas for many years and never had to sell or hock any of my items unfortunately as luck would have it that day did eventually find me and let me tell you is it a tough racket to find a decent place out here to do business with. Pawn shops are a joke and could care less about their customers and treated me like another number. Tried and tried and place after place the numbers where all over the place. Finally decided to go to these guys and I’m glad I did. They tested each piece of my jewelry right in from of me with some kind of xray machine. They explained how they calculated the price and paid me cash on the spot. Avery was very helpful and didn’t mind answering my questions and explaining what they do. I left feeling I got the best price for my items. I would recommend them to anyone looking to sell their jewelry.

Christian M.

Grateful for the Nevada Coin and Jewelry shop, I just adore it. I took some collectable figurines in and they bought them. I came out smelling like a rose. You should’ve been there to see the big smile on my face. I ran all the way home to look for some more. Can’t wait to get back! I can sure use the money!

Brenda

As a first timer in selling, I was a bit apprehensive. I did not know what to expect and was a little worried about a previous reviewers comments. Yes the office was stark and clinical. The staff however, more than made up for any downfall in the decor. Very helpful, polite and understanding to any ‘silly’ questions that were asked. All in all a pleasant experience, and one that should the opportunity arise I would go through again!

Marie G.

This dealer was beyond excellent in all respects! No low-ball games, no fooling around. These people are honest, and the transaction was handled smoothly with complete transparency. I will definitely recommend Nevada Coin & Jewelry to everybody I know!

Richard C.

Outstanding experience! This is the best place to change your gold with a great attention. I’m completely impressive because they have a smooth and fast service, definitely nice people!

Pablo V.

Staff was friendly, knowledgeable, and responsive. Building had great security to helped me feel safe in handling my items.

Nevada Coin and Jewelry – has excellent customer service – providing las Vegas with top notch service and expertise – this is my primary coin dealers — others just can’t keep up – they are helpful and friendly – in my opinion they are the best in the south west area — so that’s my review a++++ rating – because I am a good customer – this is the best place to buy and sell gold and silver bullion.

Freddie I.

Wonderful experience, Nick and Laura made it seamless and stress free. Thank you! They also sell super cool items!!

I recently got divorced so I wanted to get rid of some of the jewelry my ex-husband got me. I found Nevada Coin and jewelry searching the web. When I called the guy that answered the phone was friendly and willing to quote me a price per gram. I went to their store on Flamingo, Avery whom I spoke to on the phone tested my items using some kind of x-ray machine. I could see that some of my jewelry was not the karat I thought (some lower some higher). He paid what he quoted on the phone no bait and switch. It took less than 15 minutes got my cash and got rid of some bad memories. I would recommend this company if you are looking to sell jewelry.

Virginia F.

While vacationing in Las Vegas I did what a lot of people do I’m sure or at least that’s what I’m telling my wife ..I blew through the money I brought a little quicker than expected and I ended up having to shop my Rolex around to several dealers to save the trip. So I looked online for places, most offers over the phone were low and that’s if they would even quote me in the first place. I spoke to a guy at Nevada Coin and Jewelry who gave me a fair ball park price and a reasonable explanation as to why his number couldn’t be solid. Went down expecting to get the lower number and in fact Robert their Rolex expert said my Rolex was a better model then I had described. He paid me a higher number than he quoted. Thanks for saving my vacation guys.

Weldon O.