3510 Auburn Blvd #12 @ Watt Ave.
Mom's Silver Shop is a family owned and operated business in Sacramento that buys, sells and trades investment grade precious metals. You can visit our retail location at Watt and Auburn in Sacramento, or purchase from us online. We ship worldwide.
We handle items like these on a daily basis:
Silver has long been valued as a precious metal, and it is used to make ornaments, jewelry, high-value tableware, utensils (hence the term silverware), and currency coins. Today, silver metal is also used in electrical contacts and conductors, in mirrors and in catalysis of chemical reactions. Its compounds are used in photographic film, and dilute silver nitrate solutions and other silver compounds are used as disinfectants and microbiocides. While many medical antimicrobial uses of silver have been supplanted by antibiotics, further research into clinical potential continues.
Silver, in the form of electrum (a gold-silver alloy), was coined to produce money around 700 BC by the Lydians. Later, silver was refined and coined in its pure form. Many nations used silver as the basic unit of monetary value. In the modern world, silver bullion has the ISO currency code XAG. The name of the pound sterling reflects the fact it originally represented the value of one troy pound of sterling silver; other historical currencies, such as the French livre, have similar etymologies. During the 19th century, the bimetallism that prevailed in most countries was undermined by the discovery of large deposits of silver in the Americas; fearing a sharp decrease in the value of silver and thus the currency, most states switched to a gold standard by 1900. In the Spanish language, Plata means both silver and money.
The 20th century saw a gradual movement to fiat currency, with most of the world monetary system losing its link to precious metals after Richard Nixon took the United States dollar off the gold standard in 1971; the last currency backed by gold was the Swiss franc, which became a pure fiat currency on 1 May 2000. During this same period, silver gradually ceased to be used in circulating coins; the United States minted its last circulating silver coin in 1969.
The Royal Canadian Mint still makes many silver coins with various dollar denominations. Silver is used as a currency by many individuals, and is legal tender in the state of Utah.
Sacramento is the capital city of the U.S. state of California and the county seat of Sacramento County. It is located at the confluence of the Sacramento River and the American River in the northern portion of California's expansive Central Valley. With a population of 470,956 at the 2012 Dept. of Finance Report, it is the sixth-largest city in California. Sacramento is the core cultural and economic center of the Sacramento metropolitan area which includes seven counties; with an estimated population of 2,527,123. Its metropolitan area is the fourth largest in California after the Greater Los Angeles Area, San Francisco Bay Area, and the San Diego metropolitan area as well as the 22nd largest in the United States. A city attaining global status, Sacramento was cited by Time magazine as America's most ethnically and racially integrated city in 2002.
Sacramento became a city through the efforts of the Swiss immigrant John Sutter, Sr., his son John Sutter, Jr., and James W. Marshall. Sacramento grew quickly thanks to the protection of Sutter's Fort, which was established by Sutter in 1839. In 1848, when gold was discovered by James W. Marshall at Sutter's Mill in Coloma (located some 50 miles (80.5 km), northeast of the fort), a large number of gold-seekers came to the area, increasing the population. During the California Gold Rush, Sacramento was a major distribution point, a commercial and agricultural center, and a terminus for wagon trains, stagecoaches, riverboats, the telegraph, the Pony Express, and the First Transcontinental Railroad.