[tcb_woo_product_categories limit=’15’ columns=’5′ hide_empty=’1′ orderby=’name’ order=’asc’ ids=’18,17,22,23,26,25,28,32,29,31′ parent=” align-items=’center’ text-layout=’text_on_image’ text-position=’bottom’ css=’tve-u-180a9ef40ba’ hide-product-number=’1′ hide-title=’0′ styled-scrollbar=’0′]
Granted statehood in 1959, Hawaii is the newest US state, and the only state made up entirely of islands. The dominant industry on Hawaii is tourism, though government and military spending also contribute much to the economy of the state. gold and silver bullion. Despite having a small land area, Hawaii is densely populated and hosts a population of around a million and a half residents.
There are many great coin and bullion shops in Hawaii, most being concentrated in Honolulu, the capital and largest city. A few other coin and bullion dealers are scattered throughout the Hawaiian islands, providing several options for investors who buy gold and silver bullion in Hawaii. Many residents of Hawaii also opt to buy silver and gold bullion online, to avoid paying taxes in Hawaii.
Are There Taxes on Buying Gold and Silver Bullion in Hawaii?
Hawaii does not have a state sales tax, but does charge a General Excise Tax. Instead of being levied on the buyer, the GET is levied on retail businesses that sell goods and services. In practice, however, most businesses pass these taxes onto the customer in the form of higher prices on gold and silver bullion products. The current Excise Tax in Hawaii is 4%, though some local municipalities charge additional taxes on bullion purchases.
CBMint is not based in Hawaii and residents of Hawaii 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.
When buying coins or gold and silver bullion in Hawaii, it is important to note whether the gold and silver dealer (or Hawaiian coin shop) is applying the GET before or after you make the purchase. Many of the best coin and bullion dealers in Hawaii incorporate the GET into the product prices on bullion coins, bars, and rounds. Other dealers do not include the tax with the product price, so you may be surprised to see the tax added to your final purchase total. You can read more detail about the tax laws in Hawaii 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 and coins locally in Hawaii.
Local Gold and Silver Dealers in Hawaii, by City:
Featured Gold and Silver Dealers in Hawaii (HI)
Below you can find a listi of our featured bullion and coin dealers in the state of Hawaii. If you would like to suggest any additional Hawaii coin or bullion stores to add to this list, feel free to Contact CBMint and let us know.
Hawaiian Islands Stamp and Coin
Hawaiian Islands Stamp and Coin is one of the best coin dealers in Hawaii, featuring a huge selection of rare US and world coins, including ancient Chinese coins and rare, pre-statehood Hawaiian coins. Their eclectic selection of rare coins brings in investors and numismatists from all over the world. They have proof coins, mint sets, certified coins, paper money and banknotes, and even military payment certificates. Their precious metals bullion selection is also large, featuring gold and silver bars, coins, and rounds.
1111 Bishop Street #1105
Honolulu, HI 96813
The Captain Cook Coin Company
For over 30 years, Captain Cook Coin Company has been one of the best coin shops in Hawaii. Located on Oahu, Captain Cook Coin specializes in rare and historic coins, including old Hawaiian coins. Captain Cook is an authorized PCGS, NGC, ANA, and ANACS dealer and does buy coins and other numismatic items from the public, albeit by appointment only. Their selection includes many high-end and high-grade coins, such as pre-1933 US gold coins, Morgan silver dollars, Peace dollars, civil war tokens, and other commemorative coins. They do have a selection of gold and silver bullion coins, but this is not their focus, so most investors looking to buy fine silver and gold bullion in Hawaii usually check out other precious metals dealers.
2051 Young Street #13
Honolulu, HI 96826
ABC GT Coins
One of the largest coin shops in Hawaii, ABC GT Coins is an ANA, NGC, and PCGS authorized dealer and has been buying and selling coins in Hawaii for over 50 years. ABC GT deals in rare US and world coins, Hawaiian coins, commemorative coins, and tokens. ABC GT is great at helping their customers locate elusive rare coins, and maintains a network with mainland coin and bullion dealers to help do this. ABC GT is also a leading gold and silver dealer in Hawaii, offering a range of precious metals bullion products such as Silver and Gold Maple Leafs, American Eagles, and world gold and silver coins.
1655 Makaloa Street
Honolulu, HI 96814
Island Gold and Silver
Based on Oahu, Island Gold and Silver is one of the largest and best precious metals bullion dealers in Hawaii. They publish current gold and silver prices on their website, and they buy silver, gold, and other bullion from the public with no appointment necessary. Island Gold and Silver focuses on fine silver and gold bullion, rather than rare coins, so they offer a wide variety of bullion products such as American Eagles, world gold coins, Krugerrands, and gold and silver bullion bars and rounds.
45-480 Kaneohe Bay Drive
Kaneohe, HI 96744
Kama’aina Metals and Jewelry
Kama’aina is another top bullion dealer in Hawaii that concentrates on gold and silver bullion products instead of rare and historic coins. Though they do feature a small selection of high-grade and certified coins, they focus on gold, silver, and platinum coins, bars, and jewelry. Kama’aina maintains a bullion investment advisor on site, in order to help customers make sound choices when buying gold and silver bullion in Hawaii. Their storefront features a large showroom and even a museum of antique jewelry.
98-1254 Ka’ahumanu Street #170
Pearl City, HI 96782
The Royal Hawaiian Mint
The Royal Hawaiian Mint, according to their website, was founded with the goal in mind of “preserving Hawaiiana in precious metals.” The Royal Hawaiian Mint manufactures gold and silver rounds, each featuring a theme commemorating pieces of the history and culture of Hawaii. They currently sell seven different sizes and weights of gold and silver rounds. Their two flagship bullion products are the commemorative Pearl Harbor fine silver rounds and the “Royal Designs” series, which commemorates the various monarchs of the Kingdom of Hawaii.