Buy Gold and Silver in New Jersey
New Jersey is the most densely-populated state, often seen as serving as a large bedroom community for the New York and Philadelphia metro areas. The economy of New Jersey centers around the pharmaceutical industry, financial industry, chemical industries, and agriculture.
Mining was never significant in New Jersey, although zinc mining took place for many decades. Though silver and gold mining is not part of the state's history, the wealthy and dense urban population is served by a large number of great gold and silver dealers in New Jersey. New Jersey was also home to the venerable Englehard Mint.
Are There Taxes on Buying Gold and Silver Bullion in New Jersey?
There are no sales tax exemptions for buying gold and silver in New Jersey. Precious metals bullion, coins, and other numismatic items are all fully taxed at the New Jersey sales tax rate of 7%. Because this reduces the purchasing power of buyers who invest in silver and gold bullion, many choose to shop out of state or through online gold and silver dealers.
CBMint is not based in New Jersey, so residents of New Jersey do not have to pay any sales taxes when buying bullion online from CBMint. Please feel free to Browse our Selection of tax-free bullion products. You can read more about sales tax laws on bullion purchases in New Jersey here:
Please note, we are not tax professionals or experts. Individuals are sometimes liable to pay local Use taxes. Contact your state and local tax authorities for all laws concerning taxes when buying bullion locally in New Jersey.
List of New Jersey Cities with Gold and Silver Dealers
Featured Gold and Silver Dealers in New Jersey (NJ)
Listed below is a small sample of featured bullion and coin dealers in New Jersey. If you would like to suggest any additional New Jersey coin or bullion stores to add to this list, feel free to Contact CBMint and let us know.
Central Jersey Rare Coins
Since the 1908s, Central Jersey Rare Coins has been one of the best coin dealers in New Jersey, with a focus on rare and historic US coins. They carry Morgan silver dollars, Peace dollars, proof coins, mint sets, slabbed coins, and paper currency. They also buy and sell silver and gold scrap, 90% silver coins, and precious metal jewelry. They are an NGC and PCGS authorized dealer, and offer coin grading services and free appraisals. Central Jersey Coin also sells and buys gold and silver bullion, including silver bars, American Eagles, gold Krugerrands, Canadian Maple Leafs, gold Britannias, and much more.
423 West Union Avenue
Bound Brook, NJ 08805
Stone House Coin Shop
Stone House is a small New Jersey coin dealer that has been doing business for over four decades. They work with other coin dealers in New Jersey, offering wholesale prices on coins and bullion, when purchased in bulk. Their selection includes collectible coins, investment-grade coins, proof coins, and world cons. They also buy and sell gold and silver bullion, and are known for having some of the lowest prices on silver and gold bullion in New Jersey. Their selection is always changing, so be sure to call ahead if you are seeking a particular rare coin or bullion product.
401 Park Avenue
Scotch Plains, NJ 07076
American Coin and Stamp
Founded in 1955, American Coin and Stamp is the oldest coin dealer in the state. Their huge coin and bullion product selection makes them among the best gold and silver dealers in New Jersey, and they are regarded for having very low prices on gold and silver bullion. Their selection of rare US and foreign coins includes proof coins, graded coins, mint sets, Morgan silver dollars, pre-1933 US gold coinage, and much more.
American Coin also has a large inventory of gold and silver bullion items, including American Eagles, silver bars, 90% junk silver coinage, platinum coins and bars, Canadian Maple Leafs, South African Gold Krugerrands, scrap gold and silver, gold bars, and Chinese Pandas. They offer verbal appraisals, as well as PCGS and NGC grading services. Their professionalism and wide product selection make them a sure stop for many coin collectors, along with buyers who invest in gold and silver in New Jersey.
1273 Main Avenue
Clifton, NJ 07011
Monmouth Stamp and Coin Shop
Situated a few miles south of Sandy Hook Bay, Monmouth Coin Shop is one of the top coin dealers in New Jersey. They have a great range of coins, numismatic items, and other collectibles such as postcards, stamps, sports cards, jewelry, and antiques. Their focus, however, is on collectible coins, especially rare US coins. They carry proof coins, mint sets, old silver dollars, 90% silver coins, cents, nickels, collectible paper currency, graded coins, and pre-1933 US gold coins, such as American Double Eagles.
They also buy and sell gold and silver bullion in small amounts, usually in the form of gold and silver coins. The storefront at Monmouth Stamp and Coin is huge, allowing them to maintain a large inventory of coins and precious metal bullion. They offer appraisals and investment advice.
39 Monmouth Street
Red Bank, NJ 07701
The world-famous Englehard company was founded in 1902 and quickly became known as one of the best refiners of precious metals. During the 1960's, 70's, and 80's, Englehard produced a vast number of top-quality gold and silver rounds and bars. Englehard silver bars, especially, are coveted by buyers who invest in silver bullion, and the Englehard stamp on the bullion bar is still regarded as a paragon of quality bullion. Other than precious metals bullion, Englehard also manufactured many metals products, and is credited with producing the first automobile catalytic converter. in 2006, Englehard was purchased by German firm BASF for $5 billion.
Although Englehard no longer produces gold and silver bars, the extant bullion bars and rounds that were produced earlier still circulate freely in the secondary bullion markets. Indeed, Englehard gold and silver bars often command a price premium over other bullion bars of a similar weight. Common Englehard silver bars are found in 1 ounce, 10 ounce, and 100 troy ounce sizes. Englehard gold bars and rounds typically ranged from 1 gram of gold up to 1 troy ounce of gold.