- Are Gold and Silver Recognized as Legal Tender? - No.
- Sales Tax Laws on Gold and Silver - Delaware's Division of Revenue does not impose a state or local sales tax but does impose a gross receipts tax on those who sell goods or provide services in Delaware.
- Is Capital Gains Tax Levied on Gold and Silver? - Yes
- 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 Delaware Operations at 1 (302) 508-0782 For All IRA or 401(k) Rollovers, CD's, Money-Market or Annuity Conversions to Physical Gold or Silver Coins or Bars
For Cash or Smaller Transactions Visit These Vetted-Local Gold and Silver Dealers in DE
Below is a list of local precious metals dealers in Delaware, including directions to each local shop.
First State Coin Company
53 Greentree Drive
Dover, DE 19904
First State is known for reasonable prices, whether you are buying or selling. The shop offers coins, precious metals, jewelry, and sports cards. Their high level of customer service draws buyers from across the state.
First State is the only U.S. Mint authorized dealer located in Delaware. They do not offer online sales; visit their showroom to browse the large selection of US and foreign coins and currency, from rare historical coins to modern commemoratives. They also purchase coins and precious metal scrap from individuals.
Dutch Country Auctions
4115 Concord Pike
Wilmington DE 19803
Also known as The Stamp Center, Dutch Country Auctions was founded in the 1950s. In addition to stamps and collectibles, they carry an extensive array of coins and coin collecting supplies. They also purchase and consign such items from individuals.
Their coins include gold and silver bullion, mint and proof sets, and commemorative issues. They guarantee the authenticity of everything sold here.
The Stamp Center holds regular online auctions of rare coins and stamps, and also offers an online storefront where a portion of their inventory – primarily coin and stamp collecting supplies, rather than the coins themselves – may be purchased.
Diamond State Coins & Currency
1705 Marsh Road
Wilmington, DE 19810
Diamond State Coins & Currency deals in all types of U.S. and foreign coins and paper currency, along with scrap gold jewelry and other forms of precious metals.
Their staff members are both knowledgeable and patient, willing to take the time to explain the finer nuances of coin collecting to new collectors or discuss the precious metal market with more experienced investors.
Their current buy prices are clearly listed on their website for most of the gold and silver products they purchase.
Atlantic Precious Metals
Rather than a traditional coin shop, APM caters to clients investing in precious metals for retirement purposes. They do not offer any rare or historical coins. Instead, they carry only investment-grade physical precious metals, such as silver and gold bars, coins, and rounds.
Atlantic Precious Metals offers individual consultations and is ready to assist all investors, whether you are making your very first precious metal purchase or are already an experienced buyer. APM can also set up your precious metal IRA and suggest particular bullion products. APM offers to match the prices found through competing dealers.
Local Gold and Silver Mints in DE
Also browse the gold and silver mints local to Delaware. Some of these mints offer retail products, while others are wholesale only.
Delmarva Mint is a both a precious metal retailer and mint. Their site carries Delmarva Mint products, along with bullion from other private mints. Delmarva Mint tends to produce small bars, as small as 1 gram in .999 fine silver or gold. Their options include gold and silver along with a wide array of other metals such as copper, bronze, and brass. Their most popular designs include the buffalo and state series. They also produce custom 1-gram silver bullion bars, with a minimum purchase of 1000 bars.