- Are Gold and Silver Recognized as Legal Tender? - No.
- Sales Tax Laws on Gold and Silver - Hawaii does not have a sales tax on customers. Hawaii does, however, impose a GET (General Excise Tax) on businesses. So, while no sales tax is imposed on gold and silver purchases, businesses that sell gold and silver may be subject to a GET tax, according to the Department of Taxation of the State of Hawaii.
- 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 Hawaii Operations at 1 (800) 474-9159 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 HI
If you are looking for gold and silver dealer or coin shops in specific cities located in state of Hawaii be sure to check out our other local coin shop pages:
Captain Cook Coin Company
2051 Young Street, #13
Honolulu, HI 96826
Founded in 1972, this shop is named after a 1928 Captain Cook commemorative coin. Owner Craig Watanabe specializes in historic coins such as Civil war tokens, love tokens, and rare Hawaiian and U.S. coins.
Captain Cook is known best for its selection of high-grade rare coins, though they also carry newer coins and bullion products. Located in Oahu, Captain Cook is an authorized ANA, PCGS, NGC, and ANACS dealer that buys coins and jewelry by appointment.
Buyers most interested in gold and silver bullion products may want to look elsewhere, as Captain Cook is most known for their rare and numismatic gold and silver products.
Island Gold and Silver
Windward City Shopping Center
45-480 Kaneohe Bay Drive
Kaneohe, HI 96744
Oahu’s Island Gold and Silver is one of the island’s largest buyers of precious metals. Their per-gram prices for gold and silver are published on their website, though you must call the office for up-to-the-minute pricing. No appointment is necessary to sell your gold or silver.
Their storefront also offers coins and currency for sale, with a focus on precious metals and bullion rather than rare or historic examples.
Kama’aina Metals and Jewelry
98-1254 Ka’ahumanu St., #170
Pearl City, HI 96782
Kama’aina is a precious metal dealer that has been buying jewelry and precious metal scrap in Hawaii for over three decades. Their selection of precious metals focuses on gold, silver, and platinum jewelry and bullion, with a small selection of coins also available.
The coins sold through Kama’aina tend to be chosen for their precious metal content, rather than numismatic value or rarity. They have a coin and bullion adviser on staff to help you make sound decisions.
With a museum of antique jewelry on-site, Kama’aina Metals and Jewelry is a popular showroom for those who want to browse unique forms of precious metal. A small selection of their products is available for online purchasing.
ABC GT Coins
1655 Makaloa St.
Honolulu, HI 96814
As one of Hawaii’s largest coin shops, ABC GT Coins are able to purchase larger quantities at once than many other dealers in Hawaii. ABC GT is a PCGS, NGC, and ANA authorized dealer with over five decades of experience.
In addition to gold and silver, this company also deals in historic and/or rare coins, and maintains contact with many mainland coin dealers to help their Hawaiian customers track down elusive coins. ABC GT Coin’s offer bullion products, such as American Silver Eagle coins, to more traditional forms of gold and silver products.
Hawaiian Islands Stamp & Coin
1111 Bishop St Suite 105
Honolulu, HI 96813
A favorite among locals and tourists alike, Hawaiian Islands Stamp & Coin is frequented by serious buyers and collectors from around the world. In particular, they are noted for their expansive selection of rare and historic coins, including Hawaiian coinage. Confederate notes, military pay certificates, U.S. slab coins and proof sets, and ancient Chinese coins can all be found here. They have various sizes of gold bars, rounds, and coins in stock, in sizes up to 100 oz in silver and 1 oz of gold.
Local Gold and Silver Mints in HI
Also browse the gold and silver mints local to Hawaii. Some of these mints offer retail products, while others are wholesale only.
Royal Hawaiian Mint
The Royal Hawaiian Mint is dedicated to “Preserving Hawaiiana in precious metals.” They produce gold and silver rounds featuring Hawaiian themes, including hand-engraved original designs and seven sizes of gold and silver rounds. Among their best-known products are the Pearl Harbor .999 fine silver round and the “Royal Designs” which commemorate historic rulers of the Hawaiian kingdom.