Nanocomposites based on high impact polystyrene (HIPS) and silver nanoparticles (AgNPs) were synthesized via in situ bulk-suspension polymerization adding a colloidal suspension of AgNPs in styrene from the beginning of the reaction. The concentrations of AgNPs in the final nanocomposites were 0, 0.025, 0.10, and 1.0 wt%. The rate of polymerization and free radicals concentration were found to decrease with increasing AgNPs concentration. For nanocomposites with 0.025 and 0.10 wt% of AgNPs, the phenomenon of phase inversion (PI) during the mass polymerization occurred within the same range as that for the blank HIPS. Further, the impact strength of these nanocomposites did not present any changes as compared to the blank HIPS. However, there was no sign of the PI phenomenon in the case of 1.0 wt% of AgNPs, due to a decrease in the amount of free and graft polystyrene onto the rubber chain as the free radicals concentration diminishes with an increase in AgNPs. In this case the impact strength doubles the values of the blank HIPS due to the presence of a interpenetrated polymer network of crosslinked grafted rubber and polystyrene (PS) instead of the formation of a defined morphology. POLYM. ENG. SCI., 51:1866-1874, 2011. (C) 2011 Society of Plastics Engineers