Currently, there are quite a few data on the ways silver nanoparticles get into the aquatic environment, on their subsequent dissolution in water, and on the release of toxic Ag+ ions. Differences in the experimental conditions hinder the determination of the basic regularities of this process. In this study, the stages of oxidative dissolution of AgNPs were studied, starting from the formation of silver hydrosol in deaerated solution, the reaction of silver with oxygen and with drinking and natural waters, the analysis of intermediate species of the oxidized colloidal particles, and the subsequent particle aggregation and precipitation, by optical spectroscopy, DLS, TEM, STEM, and EDX. In the presence of oxygen, silver nanoparticles undergo oxidative dissolution, which gives Ag+ ions and results in the subsequent aggregation of nanoparticles. The carbonate hydrosol loses stability when mixed with waters of various origin. This is due to the destruction of the electric double layer, which is caused by an increase in the solution’s ionic strength and the neutralization of the charge of the metal core. The environmental hazard of the silver nanoparticle hydrosol would noticeably change and/or decrease when the nanoparticles get into natural waters because of their fast precipitation and because the major part of released Ag+ ions form poorly soluble salts with ions present in water.