RULES OF GOLD
Is Capital Gains Tax Levied on Gold and Silver? - No, as House Bill 2014, signed into law in 2017 gold and silver are not subject to capital gains tax when exchanged for Federal Reserve notes or utilized in barter transactions.
Do the State’s Laws Allow for a State Bullion Depository? - No.
Does the State Hold Gold and Silver Reserves? - No.
Does the State Hold Physical Gold and/or Silver in Government Pension Funds? - No.
Call GSI Exchange Arizona Operations at 1 (480) 568-5963 For All IRA or 401(k) Rollovers, to Physical Gold or Silver Coins or Bars
For Cash or Smaller Transactions Visit These Vetted-Local Gold and Silver Dealers in AZ
If you are looking for gold and silver dealer or coin shops in specific cities located in state of Arizona be sure to check out our other local coin shop pages:
CMI Gold and Silver, Inc
3800 N. Central Avenue, 11th Floor
Phoenix, AZ 85012
One of the nation’s oldest precious metal dealers, CMI Gold and Silver was founded in 1973. As an industry leader, they are able to offer excellent prices on high-grade gold and silver bullion.
One downfall to CMI Gold and Silver is their lofty ordering minimums — for example, potential buyers need to be interested in at least 200 American Silver Eagles to make a qualifying purchase. The same minimums apply to all of their products — pre-1965 coins require a $250 face value minimum purchase (178.75 troy oz of silver), etc.
CMI is committed to serving clients by helping them select the right products to meet their financial needs, and is always ready to assist you, whether you are a first-time buyer or seasoned owner. Make sure to read their guide to purchasing silver bullion, which is an excellent starter for new owners to get up to speed on funding strategies, product selection, and more.
American Precious Metals, Inc.
11801 N. Tatum Blvd. Suite 143
Phoenix, AZ 85028
American Precious Metals is a trusted Phoenix coin dealer specializing in high-grade coins and bullion. They offer volume discounts, and are experienced in assisting those who wish to own assets through a precious metal IRA.
American Precious Metals can help you track down an elusive coin or provide an honest assessment and accurate appraisal of your collection. Most of their coins are bullion grade, including American Gold Eagles, Australian Gold Kangaroos, and 1 oz Gold Bars, but they do also offer certified/numismatic products. American Precious Metals has served Arizona coin buyers since 1994.
4224 W. Dunlap
Phoenix AZ 85051
The Coin Gallery has served Phoenix coin collectors for more than three decades. Known for their extensive inventory of US coins and currency, they also offer a wide array of precious metal bullion products, all available for browsing in their huge showroom.
Some unique offerings from The Coin Gallery include their 1 and 10 ounce silver bullets, which are neat products for collectors and buyers alike. The Coin Gallery also buys gold jewelry from 8 karat to 22 karat fineness.
The Coin Gallery aims to stock coins at every price range, from those suited to beginning collectors to the finest high-grade coins.
American Federal Rare Coin & Bullion
500 Easy Street
Carefree, AZ 85377
American Federal, located in a suburb of Phoenix, is known for offering reasonable prices and top-quality coins. Whether you are looking for fair prices on high-grade bullion or chasing after an elusive coin to add to your collection, American Federal has what you’re looking for.
Their staff members keep up to date on the latest precious metal news, and are happy to share their knowledge with new or experienced buyers. American Federal also is currently offering free informational booklets to prospective clients, including “17 Coins You Don’t Want to Buy” and “The 15 Truths”.
A local dealer who gives you real advice, such as “the overwhelming majority of coin buyers lose money,” is a dealer who can be trusted and relied on.
Bullion & Coin Exchange
610 E. Broadway
Mesa, AZ 85204
This family-owned shop has been in Mesa for more than 25 years. Customers find their staff to be extremely knowledgeable and eager to help new and experienced collectors alike. Their prices tend to be among the best of Mesa coin dealers. Note that all purchases must be paid in cash, which helps the shop keep their prices reasonable by eliminating credit card processing fees.
Bullion & Coin Exchange offers live spot price feeds on their website, which is always a good sign, as you can be sure they aren’t attempting to juice spot prices on your transactions. They also list transparent sell prices online that are all relative to spot, so you can calculate exactly how much you will be paying per coin (5.25% over spot for a 1 oz American Gold Eagle at the time of this writing, for instance).
Glass Shoppe Coins
4325 E. Broadway Boulevard
Tucson, AZ 85711
The oldest Arizona coin dealer, Glass Shoppe, was founded in 1960. Dedicated to offering fair pricing, Glass Shoppe discloses both the sale price and buy-back price of every coin they sell. If you’re looking to sell bullion, they offer immediate appraisals, and will also quote your gold or silver scraps, sterling flatware, and jewelry and fine watches.
This shop is a life member of the American Numismatic Association and has won the Association’s Presidential Award. They utilize Kitco spot prices, which is a reliable, transparent source of spot prices — this allows the customer to be confident they are paying a real spot price, not a juiced up figure.
American Bullion & Coin Company
2711 E Lakin Drive
Flagstaff, AZ 86004
Founded in 1981, American Bullion is a Flagstaff fixture. Their offerings are tailored to the needs of precious metal buyers. In addition to coins and bullion, they also offer precious metal financing, precious metal IRA options, and a variety of educational resources.
Local Gold and Silver Mints in Arizona
Also browse the gold and silver mints local to Arizona. Some of these mints offer retail products, while others are wholesale only.
20701 N. Scottsdale Road
Scottsdale, AZ 85255
Scottsdale Mint is a private silver mint whose bullion products have been shipped to buyers and dealers in more than 100 countries. Their high quality bullion products include bars and rounds in a variety of sizes.
Scottsdale is particularly well-known for their Stacker silver bars and for bars and rounds carrying their distinctive lion motif. Scottsdale does both retail sales directly to the public, as well as wholesale sales to online retailers who then pass on dealer-level savings to the general public.