Monday, March 25, 2024

Where To Buy Gold Bars Locally

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How to buy Gold and Silver Locally

if youre interest is to make profits out of this gold trading business then you must consider to buy gold bars locally. when you buy your gold locally from a local company like us you attain your gold at cheap and affordable prices. and if you are to make bulky purchases you are entitled to a bargaining power. when we talk of buy gold bars locally we mean you must come to Africa physically and make purchases for your gold. remember the ones you buy from in Europe or Asia at the gold markets rush and come to buy gold bars locally from us. its time you buy gold bars locally from us as a company or as an individual because we process all the necessary documents to trade with you the gold from the ministry of mining and transport. therefore you can buy physical gold bars or nuggets with in your budget all you need is to contact us directly so that you may have a word from our directors.

Will I Get Better Prices On Gold And Silver At My Local Coin Shop

Probably not. Small, local coin dealers have limited inventories and low sales volumes. As a result, they typically have to charge higher premiums on products than large national dealers.

That said, price isn’t everything. Beware of dealers that offer “too good to be true” pricing. In recent years, some dealers have tried to make a business model out of delaying delivery of product for weeks – or even months – and offering poor or non-existent customer service.

Your best bet is to find a reputable dealer with fair prices, prompt order fulfillment, and high customer satisfaction ratings. The good dealers as well as the bad ones will usually reveal themselves with a simple internet search.

Money Metals Exchange is happy to offer our local directory and will continue to be your one-stop shop for all things precious metals. Whether you’re looking to buy or sell precious metals for cash or even Bitcoin, Etherium, and other cryptocurrencies, or you are are simply gathering information to make an informed decision, we will continue to provide transparent and fair pricing along with outstanding content and customer service.

How To Buy Silver

Purchasing silver online is easy with GoldSilver. Simply select which silver bars you want to buy, add them to your cart, and check out as if you were buying a sweater. During check out, there are two decisions you need to make when buying silver. One, how will you pay for your silver? GoldSilver accepts bank wires, credit or debit cards, personal checks, cryptocurrencies, and PayPal each has a different clearing and processing time. Two, the destination for your silver are you taking home delivery or keeping in secure vault storage? Keep reading for tips on making this important decision…

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Buy Gold Bars For Less

Before you make a purchase, read about our payment methods for buying gold. You can pay less for gold any day of the year by paying with a wire transfer, Interac e-Transfer, Bill Payment, Cheque, or Money Order. You can even buy gold bars with Bitcoin and other alt-coins. Its simple to buy gold online and easy to save.

Set Your Spot Alert

Can You Store Gold At Home

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Yes, you can store your gold in your home . The question is whether you would want to. Nothing beats the security of having your gold stored in a highly reputable depositary, such as Brinks Global Services, which has vault locations throughout the country.

For those who prefer to keep their gold close to them, the ideal place to store gold is a well-hidden, at-home safe. If you do store your gold at home, be sure to check that your homeowner’s insurance covers its potential loss or damage. You may need to purchase additional coverage.

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Buy Gold And Silver In Virginia

Virginia is one of the original 13 US states and more US Presidents have been born in Virginia than any other state. The modern economy of Virginia is diverse, with agriculture, tourism, finance, manufacturing, government and military spending comprising the largest sectors. The state is relatively affluent — many of the nation’s highest-income counties are in Virginia.

The population of the state is over 8 million people, and investing in bullion and coins is very popular in the state. There are several top gold and silver dealers in Virginia to serve this large market.

Pick The Best Gold Bar Size For You

Tip: Buy one-ounce gold bars to meet future needs as they come up. If you have a high net worth, buy both small and large bars.

One of the first decisions youll have to make when buying gold bars is what size to purchase. Gold bars come in different sizes and weights. Theyre as small as one gram , and as big as 400 ounces. Its these larger sizes that central banks, exchanges, and ETFs buy. Generally speaking, the bigger the bar, the smaller the premium. Thats because its less costly to produce a kilo gold bar than a one-ounce gold bar. But that doesnt mean you should buy the heaviest bar you can afford. Just the opposite, in fact

  • Big bars do not offer the divisibility smaller ones do. When you sell a big bar, you are liquidating a sizable investment. Its more practical to sell multiple smaller bars to exchange the exact amount of gold for the exact amount of currency you need.
  • Fewer potential buyers. Not many investors can afford to buy, say, a 100-ounce bar. If you have smaller sized bars, you have a greater pool of customers.
  • Lower counterfeiting risk. Counterfeiters prefer big bars, because theyre worth a lot more.
  • Avoids the need for an assay. The bigger the bar, the more likely it will require an assay to be sold. An assay adds an extra expense, is inconvenient, and will delay your payout.

On the other hand, premiums on smaller gold bars are higher, but they are still more affordable. And owning a little gold is better than not owning gold at all.

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Check Current Gold Spot Prices

It’s a good idea to follow the price of gold for some time before deciding it’s the right time to invest. You dont want to buy at the peaks, so you’ll want to understand what factors affect the price of gold. For instance, gold coin dealers maintain that numismatic coins are worth more than just the metal contained inside of them, which is how they can justify charging a premium when you buy. There’s really no getting around this, so be cautious of any dealer that claims it isnt charging a premium.

Shop around dealer websites to make sure you’re paying a fair price for gold. Check exchange sites to find out what the spot price is, and expect to pay a 5% to 8% premium above the spot price for a gold coin.

How Do I Find A Precious Metal Dealer

Introducing our Locally Produced gold and silver!

Its best to do business with an established precious metal dealer who is located in the United States. Customer reviews can often help clear up concerns, offer personalized takes on a dealers reputation, and give you an idea of what the purchase experience is like. Look for a dealer with lots of reviews and above-average ratings as opposed to a dealer with just a handful of 5-star amazing reviews.

Another thing to consider is how long the dealer has been in business. Most trusted dealers in the industry have been selling gold for years. And while new dealers can certainly be trustworthy, a precious metals dealer that has been in business for many years can be more readily trusted.

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Harry Laibstain Rare Coins

An NGC and PCGS authorized coin shop in Norfolk, VA, Harry Laibstain has been doing business for over three decades. With an impressive array of rare US and world coins, Harry Laibstain has coin that fit the budget and needs of any investor, from beginning collectors to high-end investors. The vast selection of coins is impossible to describe iin detail, but includes Morgan silver dollars, Seated Liberty silver coins, silver half-dollars, rare cents and nickels, and gold and silver coins. Many certified rare coins at Harry Laibstain Rare Coins are worth thousands of dollars. Harry Laibstain offers consulting services, appraisals, grading submission services, and collecting supplies.

500 Main Street East #1200Norfolk, VA 23510622-6760

What Weight Silver Bars Should You Buy

One of your first decisions when buying silver bars is what size to purchase. Silver bars come in different sizes and weights. The majority range from 1-ounce to 100-ounces, which is the suitable for most investors. Bars are produced as heavy as 1,000 ounces, which is what banks, exchanges, and ETFs usually buy.

As the table above shows, the bigger the bar, the smaller the premium. Thats because for the most part, it costs the refiner just as much to produce a silver kilo baras a 1-ounce bar.

But that doesnt necessarily mean you should buy the biggest bar you can afford. Here are the problems that can creep up with large silver bars. Big bars

Cant be divided up once you own them. If you buy a 1,000-ounce bar, youll someday have to sell the whole thingwhich you may not want to do. Smaller bars will be more practical to sell for the small needs you may have in the future. In fact, this is one of silvers advantages over gold, so take advantage of it!

Have fewer potential buyers. Not many investors can afford to buy a 1,000-ounce bar. If you have 10- and 100-ounce bars, you have a greater pool of customers and thus will be able to sell more quickly and easily.

Come with higher counterfeiting risk. Most of the counterfeit bars that have surfaced are with very large bars. Counterfeiters prefer them because theyre worth a lot more.

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Gold Bar Storage In A 3rd Party Non

You can elect to deliver and enjoy third party gold bar storage safely and securely with Kitcos Allocated Storage Program.

Kitco offers multiple non-bank gold vault options all of which are fully insured, segregated, and would have your allocated gold bars recorded as your direct property at all times.

Our top-tier gold vault network includes some of the most secure gold storage facilities located in Canada, Hong Kong, the United States , and the Cayman Islands .

Keep your physical gold bullion bar purchases safe outside of the banking and financial systems with our Gold Storage Solutions.

Is Gold Bullion Pure Gold

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Bullion is gold that’s been officially recognized as 99.5% pure. The purity is indicated on the gold as numbers 999, 9999, 99999, and this tells us the percentage to which bullion is pure: 99.9%, and so on. When you’re buying gold coins or gold bars, considering the purity is important since you want to get as much fine gold as you can for the price.

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How & Where To Buy Silver Bars

Jeff Clark, Senior Analyst,

Buying silver bars is a shrewd investment decision. Silver bars come with lower premiums than coins, are easier to store than coins, and will rise a greater percentage in price than gold bars.

But what exactly should you buy? And where? This guide will answer all of your questions about the best ways to buy silver bars.

Buy & Sell Gold & Silver From Local Coin Shops

Looking for local coin shops on where you can buy or sell gold & silver? Im on a quest to compile the most comprehensive directory for local gold and silver dealers all across the US in all 5o states! Each state has a list of cities to identify the shop or dealer nearest you. To begin just click a state below.

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Where Else Can I Buy Gold

Buying gold from a bank isnt for everyone. Online retailers often offer the same quality gold products at comparable or better prices. Gold dealers are experienced in what they sell and are often licensed to sell these gold assets to you. Combine competitive online rates with direct low-cost shipping to your door, and there is a good incentive to purchase online.

Gold coins are usually available at pawn shops and the like, but we typically dont recommend buying gold at establishments like that since they are usually not experts, and youll find a high markup.

Local Precious Metals Companies:


Precious Metals & Gems

Precious Metals and Gems was established in 1979. Since then, it has been the center for buyers and sellers of gold and silver coins, antique jewelry, and precious stones. One can find rare and exquisite jewelry, diamonds and other precious stones of different size and carats, as well as a wide variety of US and foreign gold and silver coins. They also offer appraisals for coin collection as well as jewelry pieces and are wholesale-to-the-trade. Apart from these services, they also buy and sell paper currency, watches, and platinum jewelry. They pay top dollar for coins, jewelry, heirlooms, and scrap gold. They are a PCGS, NGC, and ANA authorized dealer.

Phil’s Coins

Phils Coins has been in business for 25 years and has been offering its services to the Kansas and the surrounding states. They are one of Wichitas top buyers of gold and silver items, which also includes scrap jewelry. Their prompt and upfront pricing has earned them many loyal clients. They have a vast inventory of coins and they specialize in US coins and currency. They offer appraisals on coins and jewelry and are wholesale-to-the-trade. They are authored by PCGS, NGC, PMG, and ANA.

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Why Buy Gold Bars

Gold investors buy gold bars because they are the most affordable way to buy gold. Theyre high quality gold bullion made by a mixture of national mints like the Royal Canadian Mint and Perth Mint, and private mints like the Sunshine Mint or Switzerlands Valcambi. You can buy 1 ounce gold bars, 10 ounce gold bars, 1 kg gold bars, as well as 1 gram gold bars, 5 gram gold bars, 50 gram gold bars, and more. When you buy gold bars in larger quantities, you lower the price per ounce of gold. By reducing your costs when you buy gold you protect your savings and make it easier to see returns on your gold investments. The premium on gold bars is generally lower than on gold coins, even in higher quantities.

Most Popular Coin Shows:

Cessna Coin and Stamp Show

The show is hosted by Wichita Stamp Club, a non-profit organization. It will forgather dozens of coin dealers and philatelists exhibiting their collections of coins and stamps. The show will also have a special booth for young collectors and a 60-64 table setup. Personalized help with questions on stamp collecting will also be offered. This is a great place to meet people with similar interests. Admission and parking are free. The show timings are Sat 9:00 a.m. – 5:00 p.m. and Sun 9:00 a.m. – 4:00 p.m.

Manhattan Coin Club Coin Show

The show is sponsored by the Manhattan Coin Club and is a one-day annual event. The show will be attended by reputed coin dealers and philatelists from around the region. The event showcases products like US coins, foreign coins or world coins, commemorative coins, rare and ancients coins, paper currency like bank notes, treasury notes, demand notes, modern US currency, world currency, gold and silver certificates, etc. The show will also have a display of commemoratives, medals, tokens, stamps, and postcards. This is a great place to learn coinage history of America as well as the world. Admission is free, and children under 12 are not admitted without an adult. The show timings are 10:00 a.m. – 4:00 p.m.

Johnson County Numismatic Society Coin, Stamp and Card ShowSalina Coin & Stamp ShowAnnual Kansas Numismatic Association Coin & Stamp Show

  • Buy Now

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Buy Your First Gold Bar

The advantages of buying gold bars are numerous. When youre ready, browse gold bars online and call 1-844-307-1589 to receive a free one-on-one consultation regarding your overall financial goals. Experienced Account Executives are standing by to answer your questions and help you choose the right gold bars and coins for your portfolio!

Gold And Silver Recognized As Money In Florida

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The United States Constitution states in Article I, Section 10, “No state shall…make anything Thing but gold and silver Coin a Tender in Payment of Debts.”

Legislative acts that take steps towards this constitutional requirement are slowly gaining steam. Utah and Oklahoma are leaders in this field, declaring gold and silver as money within their states.

Florida has not yet reaffirmed its constitutional duty to treat gold and silver coins as tender for payment of debts as Oklahoma and Utah did with the recent passage of SB 862 and HB 157, respectively.

Oklahomas SB 862 reads, in part, gold and silver coins issued by the United States government are legal tender in the State of Oklahoma. No person may compel another person to tender or accept gold or silver coins that are issued by the United States government, except as agreed upon by contract.

Utahs HB 157 reads, in part, except as expressly provided by contract, a person may not compel any other person to tender or accept legal tender.

The phrase, except as agreed upon by contract, has significant ramifications. This wording reaffirms the courts ability, and constitutional responsibility according to Article I, Section 10, to require specific performance when enforcing such contracts. If voluntary parties agree to be paid, or to pay, in gold and silver coin, the Oklahoma courts may not substitute any other thing, e.g. Federal Reserve Notes, as payment.

For more information on gold clause contracts,

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