Rhode Island Bullion Dealers
-
PB Collectibles
269 Spring St
Newport, RI 02840 -
The Collector
225 Newman Ave
East Providence, RI 02916 -
Capital Gold
522 Smith St
Providence, RI 02908 -
Louis Michael Coins and Jewelry
325 Main St
Woonsocket, RI 02895 -
Newport Silver Company
105 Thames St
Newport, RI 02840 -
New York Gold Exchange
1455 Mineral Spring Ave
North Providence, RI 02904
Though small in size, Rhode Island offers solid opportunities for buying and selling precious metals. With reputable local coin dealers, access to nearby markets, and a growing interest in physical assets, investors in Providence, Warwick, Cranston, and across the state can securely invest in gold and silver.
Local Coin Shops and Bullion Dealers in Rhode Island
Cities like Providence, Pawtucket, and Warwick are home to several trusted coin shops and bullion dealers. These local businesses offer gold and silver coins, bars, and collectible numismatics, along with appraisals and investment advice. In-person shopping gives buyers the chance to inspect metals and get expert guidance.
Pawn Shops That Buy and Sell Precious Metals
In towns such as Cranston, East Providence, and Woonsocket, pawn shops provide convenient places to sell gold, silver, or scrap jewelry. Some locations also sell bullion items. While inventory varies, pawn shops are useful for quick sales or smaller investments in physical metals.
Coin Shows and Collector Events in Rhode Island
Rhode Island occasionally hosts coin shows and numismatic events, often in Providence or nearby Massachusetts cities. These events attract collectors and regional dealers, offering opportunities to buy and sell rare coins, bullion, and attend educational sessions.
Buying Gold and Silver Online in Rhode Island
Due to the state’s compact size and limited number of dealers, many residents rely on online bullion dealers for a broader product selection and competitive pricing. National platforms offer secure transactions, live pricing, and insured shipping to any Rhode Island address.
Precious Metals IRAs for Rhode Island Investors
For long-term asset protection, Precious Metals IRAs allow Rhode Island investors to hold physical gold, silver, and other approved metals in a tax-advantaged retirement account. National custodians and bullion dealers assist with account setup, product selection, and secure vault storage.
Precious Metals Storage Options in Rhode Island
Most Rhode Island investors use bank safe deposit boxes or secure in-home safes for precious metal storage. For larger holdings or retirement accounts, many choose out-of-state depositories—such as those in Massachusetts or New York—for insured, IRS-compliant storage.
Rhode Island Sales Tax on Precious Metals
As of current law, Rhode Island does impose sales tax on precious metals, including gold and silver bullion. This increases the overall purchase cost compared to states with full exemptions. However, certain legal tender coins or larger purchases may qualify for partial or conditional exemptions.
A Small State with Regional Access
While sales tax applies, Rhode Island’s proximity to tax-exempt states like New Hampshire and Connecticut gives savvy investors access to regional options. Combined with reliable local dealers and access to online platforms, Rhode Island offers a manageable and accessible market for precious metals investors.
