Buying Gold and Silver in Phoenix, Arizona
Nestled in the heart of the Arizona desert, Phoenix is the most populous city in the state and the 5th most populated U.S. city. With a population of over 1.67 million people, Arizona’s state capital is a fantastic place to do business – and the precious metals sector is no exception. You’ll find dozens of highly qualified precious metal and rare coin dealers in Phoenix, and the city’s glut of qualified metal dealers makes it easy to buy and sell bullion and coins.
The state of Arizona requires precious metal dealers to collect sales taxes on certain bullion and coin products. As of now, taxable precious metal products in Arizona include the following categories:
- Copper Products.
- Accessories.
- Processed Products.
This page is intended to be your resource for buying, selling, and trading precious metals and rare coins in Phoenix, Arizona. Here, you’ll find a directory of leading coin dealers in Phoenix, information about how sales taxes work for precious metals sold in Phoenix, and more. By the end of this page, you should have everything you need to confidently buy and sell precious metals in Phoenix, Arizona.
Buying Precious Metals Online vs. Locally in Phoenix
Choosing between local and online coin dealers is one of the biggest decisions that new precious metal investors need to make. Both options come with benefits, as well as potential drawbacks. The good news is that, whether you buy precious metals locally in Phoenix or online from a leading coin and bullion dealer, you’re sure to enjoy expanding your coin collection or precious metals portfolio.
So, should you buy gold and silver online or locally in Phoenix, Arizona? Ultimately, the best way to invest in precious metals depends on your personal preferences, investing goals, and, of course, your budget.
Below, we’ll take a look at some of the pros and cons of buying gold and silver online versus locally.
Buying Bullion Locally
- Direct Inspection: Examine your purchases firsthand for quality and authenticity.
- Competitive Pricing: Negotiate deals directly, potentially reducing markups.
- Personalized Experience: Build personal relationships with local dealers/collectors.
- Unique Offerings: Access rare or unique coins or bars sometimes hard to find online.
- Flexible Negotiation: Enjoy tailored agreements through direct, face-to-face discussions.
- No Shipping Fees: Pick up and transport your investments for free from a local shop.
Buying Precious Metals Online
- Large Inventories: Explore a wide range of available products at online shops.
- 24/7 Ordering: Lock in prices and place orders 24/7 instead of waiting.
- Investor Resources: Learn more about products and investing using online tools.
- Easy Price Comparison: Easily compare multiple dealers to find discounts and save.
- Real-Time Pricing: Take advantage of spot price drops to buy based on the latest value of metals.
- Discounts/Deals: Save money using coupons, one-time deals, or limited promotions.
Local Coin Dealers in Phoenix, Arizona
-
Lone Mountain Coin
18529 N Scottsdale Rd Suite 123A
Scottsdale, AZ 85255Lone Mountain Coin is a coin and bullion dealer located just outside of Phoenix, Arizona. The shop buys and sells gold and silver bullion, rare coins, paper currency, estate collections, and more. This dealer offers free appraisals on most items, and Lone Mountain Coin’s free evaluations are “backed by decades of numismatic knowledge,” according to its website. You can also purchase a wide range of precious metal products and rare coins at Lone Mountain Coin. If you’re a precious metal investor or rare coin collector near Phoenix, Lone Mountain Coin is a great shop to check out.
-
Coin Gallery
4224 W Dunlap AvePhoenix, AZ 85051Specializing in the purchase and sale of precious metals, gold jewelry, sterling silver, rare coins, and more, Phoenix’s Coin Gallery is a great place for investors to buy, sell, or trade coins and bullion. This coin dealer’s knowledgeable employees are well-equipped to appraise and make offers on your precious metals, coins, or estate collections. If you plan on buying gold or silver locally in Phoenix, Arizona, Coin Gallery is a must-stop.
-
Cactus Coin and Metals
309 W McDowell RdPhoenix, AZ 85003Cactus Coin and Metals buys and sells a wide range of coins and bullion products, including bullion coins, rare U.S. coins, jewelry, estate collections, and more. The dealer also offers free expert appraisals, fair prices, and a knowledgeable staff members. Investors and coin collectors living in the Phoenix, Arizona metropolitan region should consider stopping by Cactus Coin and Metals for their next sale or purchase.
Gold and Silver Taxes in Arizona
If you buy precious metals or rare coins online or locally in Arizona, you’ll have to pay sales taxes on certain types of products. Taxable product categories in Arizona include the following:
- Copper Products.
- Accessories.
- Processed Products.
Online precious metals like Hero Bullion calculate sales taxes and apply them to your order automatically based on the shipping address you provide at checkout.

