Methods for producing silver nanoparticles for antimicrobial and other applications using green chemistry approaches have many variables that affect their properties. The authors have previously shown that using amylose‐sodium palmitate inclusion complexes enabled exchange of silver ions with the sodium ions of the complexed sodium palmitate, leading to production of smaller nanoparticles than those obtained with soluble starch. In this study, silver nitrate, glucose, and sodium hydroxide are added to aqueous solutions of complexes to generate silver nanoparticles with average diameters of 3.45–3.94 nm. When waxy starch is used, which contains no amylose, the reduction reactions did not progress beyond 1 h and silver nanoparticles are larger (14.5 nm). Acidification to pH 3.5 of nanoparticles prepared with amylose complexes results in microgel formation, and when these gel fragments are freeze‐dried and reconstituted, TEM reveal nanoparticles averaging 3.69 nm within the hydrated gel fragments. This procedure enables the silver nanoparticles to be stored in a dry state and later reconstituted in water to obtain silver nanoparticles with known characteristics, making de novo synthesis of silver nanoparticles from the starting materials unnecessary. This novel approach will facilitate the incorporation of silver nanoparticles into a variety of products.