Delaware Bullion Dealers

Delaware offers a variety of options for those interested in buying and selling precious metals like silver and gold. From traditional local coin shops and bullion dealers to pawn shops and online platforms, investors have numerous avenues to explore. Delaware's rich history and strategic location along the East Coast make it a convenient place for precious metal investors.

Local Coin Shops and Bullion Dealers

Delaware provides several local coin shops and bullion dealers where investors can purchase and sell gold and silver. These establishments offer face-to-face transactions, allowing customers to inspect precious metals before purchase and receive expert advice from knowledgeable staff. Cities like Wilmington, Dover, and Newark have reputable local dealers known for their transparency and fair pricing.

Pawn Shops

Pawn shops in Delaware offer a convenient way to sell precious metals quickly and occasionally purchase them at reasonable prices. While the premiums on purchases might be slightly higher than those found at specialized coin shops or bullion dealers, the advantage of immediate cash transactions makes pawn shops a viable option for some investors. Notable towns with pawn shops include Middletown and Rehoboth Beach.

Online Dealers

For those seeking convenience, online dealers are an excellent option. These platforms offer competitive pricing and a wide selection of precious metal products. Delaware investors can easily compare prices, review customer feedback, and have their metals shipped securely to their homes or storage facilities.

Precious Metals IRAs

For those looking to incorporate precious metals into their retirement portfolios, Precious Metals IRAs offer a tax-advantaged way to invest in gold and silver. In Delaware, several companies provide the services necessary to set up and manage these accounts.

Storage Solutions for Precious Metals

Secure storage is an important consideration when buying physical gold and silver in larger quantities. Delaware offers several storage options for those who prefer to keep their metals away from home.

Sales Tax in Delaware

One of the significant benefits of buying and selling precious metals in Delaware is the state's sales tax policy. Delaware does not impose sales tax on precious metals, including gold and silver bullion. This tax advantage makes Delaware an attractive location for investors looking to maximize their investment without the added cost of sales tax.

Overall, Delaware's precious metals market offers a robust network of local dealers that provide a wide array of services, from appraisals and in-person transactions to selling rare coins and scrap metals. This, combined with the state's favorable tax laws, makes it a popular state for investing in bullion.