Buying Gold and Silver in Los Angeles

With a population of nearly 3.9 million Americans, Los Angeles is the highest population city in the state of California. Los Angeles is also one of the state’s major economic and cultural hubs. For coin collectors, Los Angeles is a fantastic place to live. LA is home to dozens of qualified coin and bullion dealers, making it easy for California investors to expand their portfolios or add to their rare coin collections.

This page is your resource for buying rare coins, precious metals, and other collectables in Los Angeles, California. Here, you’ll find a catalogue of leading coin and bullion dealers in Los Angeles, information about paying sales taxes on precious metal purchases in the city, and more.

If you do plan to buy precious metals or rare coins in Los Angeles, you should know that the state of California requires dealers to collect sales taxes on the following product categories:

  • Non-Monetized Copper, Platinum, and Palladium.
  • Most Transactions Under $2,000.
  • Accessories. 
  • Processed Bullion. 

Feel free to scroll to the bottom of this page for more information about how California’s sales tax laws apply to precious metal and rare coin purchases.

If you’re looking for local coin dealers near Los Angeles, you’ve come to the right place!

Buying Precious Metals Online vs. Locally in Los Angeles, California

Both local and online dealers can be fantastic sources for precious metals, rare coins, and other numismatic collectables. Los Angeles is home to dozens of top-rated coin dealers, which you can read about in the next section of this page.

A growing number of collectors and investors are turning to online precious metal dealers like Hero Bullion to expand their collections and bullion portfolios. Online dealers offer extensive inventories, competitive prices, and a level of convenience that local dealers can rarely match.

So, should you buy precious metals online or locally in Los Angeles, California? The answer to this question depends on your personal investing preferences, objectives, and budget. 

Let’s take a look at some of the advantages (and disadvantages) of buying precious metals locally versus online.

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.

Precious Metal Dealers and Coin Shops in Los Angeles, California

  • A Coin Exchange

    18631 Ventura Blvd
    Tarzana, CA 91356

     

    A Coin Exchange is a coin, bullion, and jewelry dealer located in Los Angeles, California. Since 1997, this dealer has served Tarzana and surrounding areas. A Coin Exchange specializes in the purchase, sale, trade, and appraisal of rare U.S. coins, bullion products, jewelry, diamonds, and more. A Coin Exchange’s employees are certified graders by both PCGS and NGC, and the shop offers estate evaluations for jewelry and bullion collections.

     

  • Wilshire Coin

    1312 Lincoln Blvd
    Santa Monica, CA 90401
     
    Wilshire Coin is a coin and bullion dealer located in Downtown Santa Monica. With more than 75 years of experience in buying and selling precious metal products, rare coins, and jewelry, Wilshire Coin has established itself as one of Santa Monica’s leading precious metal and rare coin dealers. For Los Angeles residents or visitors, Wilshire Coin is a popular place to buy, sell, or find qualified appraisals for a range of different precious metal products and collectables.
  • Southern California Coin & Stamps

    7635 Firestone Blvd
    Downey, CA 90241
     

    Situated just outside of Los Angeles, Southern California Coin & Stamp is a leading precious metal, coin, and stamp dealer serving collectors in Southern California. This coin shop specializes in a wide range of bullion and numismatic items, including rare U.S. coins, paper money, jewelry, stamps, and more. With decades of experience in numismatics and precious metal trading, Southern California Coin & Stamp is a popular destination for collectors and investors in SoCal. 

Gold and Silver Taxes in Texas

California state law requires that dealers collect sales taxes on certain types of precious metal products, including:

  • Non-Monetized Copper, Platinum, and Palladium.
  • Most Transactions Under $2,000.
  • Accessories. 
  • Processed Bullion. 

Hero Bullion automatically calculates all relevant sales taxes and adds them to your order total based on the shipping address you provide to us at checkout.

For more information about how precious metal sales taxes work in California, check out Hero Bullion’s overview below.

Paying Precious Metals Sales Taxes in Los Angeles, California

California’s sales tax laws can be complex, but we’ve got your back. If you buy precious metals in Los Angeles, you may be required to pay sales taxes on certain products. For more information about how sales taxes on precious metals are calculated in California, click the button below.

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