Silver Bullion & Coins in Mobridge, SD
Buy and sell silver rounds, bars, coins, and sterling silver at Larsen's Jewelry & Half Interest Pawn — Mobridge's original precious metals dealer since 1941. Transparent verification, market-based pricing, and straight answers. The only full-service silver buyer within 90 miles.
Searching for silver bullion near me or a coin shop near Mobridge, SD? Larsen's has been buying and selling silver in north-central South Dakota since 1941. We verify metal content, explain how pricing works, and make a clear market-based offer — with no pressure to sell. Call ahead for current inventory before making the drive.
- ✔ Group photo plus close-ups of rounds, bars, or coins
- ✔ Any visible markings, mint info, weight stamps, or packaging
- ✔ For sterling items — include .925 or other stamps if visible
- ✔ Quantity if you have multiples — helps us give a faster estimate
Silver Bullion & Coins We Buy and Sell
These are the most common items customers bring in. Availability for buying changes with inventory — call ahead if you're looking to purchase something specific. For selling, bring what you have and we'll evaluate it.
The most common bullion format. Offers are based on weight, purity, and current silver spot price.
- 1 oz silver rounds — any mint
- 10 oz and 100 oz silver bars
- Generic and name-mint rounds
- Packaging or certificates helpful but not required
From everyday junk silver to investment-grade coins — we evaluate based on metal content, condition, and current demand.
- American Silver Eagles (1 oz)
- Pre-1965 US silver coins (90% silver)
- Junk silver — dimes, quarters, half dollars
- Morgan and Peace silver dollars
- Canadian Maple Leafs and world silver coins
Sterling silver jewelry, flatware, and select sterling pieces evaluated by weight and purity at current spot price.
- Sterling silver jewelry (stamped .925)
- Silver flatware and serving pieces
- Silver chains, bracelets, and rings
- Antique and estate sterling pieces
If your collection includes gold coins or a mix of precious metals, bring everything and we'll sort through it with you.
- American Gold Eagles
- Gold Maple Leafs and Krugerrands
- Pre-1933 US gold coins
- Mixed precious metal collections
How Buying & Selling Silver Works
Simple and transparent from start to finish. Whether you're selling what you have or looking to buy, we keep it straightforward and explain every step.
Bring items in or call ahead
Walk in with your silver, coins, or sterling items during business hours at 211 N Main St, Mobridge. If you're buying and want to know what's in stock, call ahead: (605) 845-3759. For out-of-town customers, text photos first.
We verify and evaluate
We verify metal content through markings, weight, and testing when needed. For coins we also consider condition, rarity, and current collector demand. We explain what we're seeing so you understand the offer.
Clear offer — accept or decline
We make a market-based offer you can accept, decline, or think over. No pressure either way. If you're buying, we'll show what's available and answer any questions before you commit.
Pricing & Verification — How We Determine Value
Silver value is primarily driven by metal content and current market pricing. Coins can carry premiums based on condition and collectibility. We explain the numbers so you understand exactly what you're receiving and why.
For rounds and bars, value is determined by weight, confirmed purity (.999 fine, .925 sterling, etc.), and current silver spot price updated daily. We show you the calculation so the number isn't a mystery.
Packaging and certificates of authenticity are helpful but not required — we verify independently.
Pre-1965 US silver coins (90% silver) are typically evaluated at melt value based on silver content and spot price. American Eagles, Morgan dollars, and collector coins may carry a premium above melt if condition and demand warrant it.
We'll tell you honestly whether your coin has collector value beyond the metal — or whether melt value is the more accurate number.
We check for .925 stamps and other sterling marks and test when needed to confirm metal content. For jewelry and flatware, condition matters less than the actual silver weight and purity — even heavily worn sterling has full metal value.
Why Buy or Sell Silver at Larsen's in Mobridge?
You're trusting someone with real assets. Here's what makes Larsen's the right choice for silver bullion and coins in Mobridge, SD.
Larsen's Jewelry has been buying and selling precious metals in Mobridge since 1941 — over 84 years. That track record exists because this community has trusted us through generations. No traveling buyer, no weekend pop-up. A real Main Street business with 84 years of history behind every transaction.
We verify and weigh at the counter — in front of you. We explain markings, test results, and how the spot price connects to your specific offer. You leave knowing exactly what you had and why you received what you did. No back room, no guesswork.
Larsen's is the only full-service precious metals buyer in Mobridge and within approximately 90 miles. Customers drive from McLaughlin, Selby, Timber Lake, Pollock, and Glenham because there's no comparable local option closer. Call ahead to confirm inventory before making the drive.
Mobridge • McLaughlin • Selby • Glenham • Pollock • Timber Lake • Herreid • Gettysburg • Isabel • Wakpala • Little Eagle • Walworth County, SD — Call ahead for inventory | Text photos first
Silver Bullion & Coins — Frequently Asked Questions
How long has Larsen's been buying silver in Mobridge?
Larsen's Jewelry has been buying and selling precious metals in Mobridge since 1941 — over 84 years. We're locally owned, still on Main Street, and have built our reputation on fair, transparent dealing with this community over generations.
Do you buy silver bullion and coins?
Yes. We buy silver rounds, bars, American Eagles, pre-1965 US silver coins, junk silver, Morgan and Peace dollars, Canadian Maple Leafs, and sterling silver items. What we're actively buying can vary with inventory and market conditions — call or text photos ahead of time for the fastest answer.
Do you sell silver bullion too?
Often, yes. Inventory changes regularly. Call ahead to ask what's currently available: (605) 845-3759. Don't make the drive without checking — inventory can change quickly.
What is junk silver and do you buy it?
Junk silver refers to pre-1965 US circulated coins — dimes, quarters, and half dollars — that contain 90% silver. Despite the name, these coins have real precious metal value based on their silver content at current spot price. Yes, we buy junk silver. Bring in your collection and we'll weigh and evaluate it.
How do you determine the price for silver?
For bullion rounds and bars, value is based on weight, confirmed purity, and current daily silver spot price. For coins, we evaluate both melt value (based on silver content) and potential collector premium if condition and demand warrant it. We explain the calculation in front of you so you understand the offer completely.
Do you buy pre-1965 silver coins?
Yes. Pre-1965 US dimes, quarters, and half dollars are 90% silver and are typically evaluated at melt value based on their silver content and current spot price. Bring them in loose or in rolls — we'll weigh the lot and explain the offer.
Do you buy American Silver Eagles?
Yes. American Silver Eagles are one of the most common bullion coins and carry a small premium above spot price based on their recognizability and demand. We buy individual coins and larger quantities.
Can I text photos for an estimate before coming in?
Yes — and we strongly recommend it, especially if you're driving from McLaughlin, Selby, Timber Lake, or other communities outside Mobridge. Text photos including any visible markings, mint information, and quantity to (605) 850-9455). Final pricing always confirmed in-store after inspection.
Do you buy sterling silver jewelry and flatware?
Yes. We evaluate sterling silver jewelry (stamped .925), flatware, and other sterling pieces based on weight and silver content at current spot price. Condition matters less than the actual metal — even heavily worn sterling has full silver value.
Is there a coin shop or silver dealer near McLaughlin, SD?
Larsen's in Mobridge is the closest precious metals dealer to McLaughlin — about 20 miles east on US-12. Call ahead to confirm we have what you're looking for: (605) 845-3759.
What if I want cash without selling my silver outright?
A pawn loan lets you use your silver, coins, or bullion as collateral for a cash loan — no credit check, same-day cash, and you pick your items up after repaying the loan. We'll explain both options and let you choose what fits your situation.
Do I need ID to sell silver or coins?
Yes. A valid government-issued photo ID is required for all selling transactions in South Dakota. Bring your driver's license, state ID, or other valid government ID.
More questions? Visit our full FAQ page →
Mobridge's Original Silver & Precious Metals Dealer — Since 1941
Whether you're buying silver bullion, selling coins, or liquidating a collection — Larsen's has been the answer in Mobridge since 1941. Transparent verification, market-based pricing, no pressure. Call ahead for inventory, or text photos before you make the drive.
Selling gold too? Cash for Gold → | Need a pawn loan? Pawn Loans → | Need jewelry repaired? Jewelry Repair →