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Maine was the first British colony to break away from the mother country, and later became one of the original 13 US states. Formerly home to many manufacturing industries, lately the economy of New Hampshire has shifted to the production of industrial machinery, rubber, electrical equipment, and agriculture products. Tourism is also an increasingly large sector of the economy.
Maine is the least-densely populated eastern US state. Gold and silver mining have never had much presence in the state, although there are several top gold and silver dealers in Maine, along with a good number of great coin dealers.
Are There Taxes on Buying Gold and Silver Bullion in Maine?
There is no tax exemption for buying gold and silver in Maine, nor for buying coins, paper currency, other bullion, and numismatic collectibles. All such purchases are subject to the Maine state sales tax rate of 5%. Efforts have been made to enact an tax exemption for investing in silver and gold in Maine, but all efforts to date have failed. County and local taxes can increase the rate even further, making Maine not an attractive option for those looking to buy gold and silver bullion in physical form.
CBMint is not based in Maine, so residents of Maine 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.
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 Maine.
List of Maine Cities with Gold and Silver Dealers
Featured Gold and Silver Dealers in Maine (ME)
Listed below is a small sample of featured bullion and coin dealers in Maine. If you would like to suggest any additional Maine coin or bullion stores to add to this list, feel free to Contact CBMint and let us know.
M.A. Storck Company
M.A. Storck has been doing business for decades, and is one of the best coin dealers in Portland, ME. They offer collecting supplies, including safety deposit boxes. Their numismatic collection includes a range of rare US coins, including Morgan silver dollars, pre-1933 US gold coins, certified coins, investment-grade coins, and proof coins.
A special place of pride in their collection is occupied by their Town Medals, from different towns in Maine, and minted in silver, pewter, brass, copper, and 24-karat gold plated. M.A. Stock also carries world coins and currency, and they also buy and sell gold and silver bullion, such as American Eagles, Canadian Maple Leafs, and silver bars. The M.A. Storck website lists silver and gold prices, and offers some coins and bullion for sale, but you need to visit their store to see the full selection.
651 Forest Avenue
Portland, ME 04101
Vest Pocket Coin
Vest Pocket Coin, a Maine coin shops, concentrates on US rare coinage, commemorative coins, proof coins, and mint sets. Slabbed coins, graded coins, silver dollars, and 90% silver coins can also be found here. They actively buy silver, gold, and platinum bullion from the public, and are always looking to buy precious metals from customers in Maine. Their bullion selection is always changing, but usually includes American Eagles, gold Krugerrands, Chinese Pandas, Maple Leafs, and a wide range of silver bars, including many 1 ounce silver bars and 10 ounce silver bars.
220 Bath Road Suite 4
Brunswick, ME 04011
Maine Gold and Silver
Maine Gold and SIlver concentrates on precious metals, and is among the best gold and silver dealers in Maine. They have low silver and gold prices, even on their bullion coins, which include commonly-found American Eagles, Canadian Maple Leafs, British Britannias, and world gold and silver coins. Harder to find silver, gold, and platinum bullion coins can also be found here. Maine Gold and Silver is also an ANACS, NGC, and PCGS authorized dealer, and offers coin grading and appraisal services.
Maine Gold and Silver does buy gold, silver, and platinum bullion from the public. They also actively engage in the jewelry business, and are known for paying good prices for silver and gold jewelry. They launched a bullion charity program — Scrap Metals for Charity, which has raised tens of thousands of dollars for local charities.
50 Maine Mall Road
South Portland, ME 04106
China Lake Coins and Currency
Recently, China Lake Coins has moved to a new and larger location, and greatly expanded their inventory, making them one of the best coin dealers in Augusta, Maine. Their wide product selection focuses on rare US coinage, but also features paper currency, foreign coins, proof coins, and mint sets. They are a full-service coin shop, offering appraisals, grading submission services, investment grade coins, and exonumia. They are well-known for carrying ranges of US coins in all conditions, not just highly-graded coins. They carry other numismatic products like tokens and medallions, as well. They buy and sell gold and silver coins, especially American Eagles, Canadian Maple Leafs, and world bullion coins.
285 State Street
Augusta, ME 04330
Houlton Stamp and Coin
Houlton Stamp and Coin’s website features some of their products, along with current silver and gold prices, but their full inventory can only be observed by visiting their storefront. Houlton concentrates on stamps and rare US coinage, though they also sell postcards, antiques, gold and silver bullion, and a range of other numismatic collectibles. They do not carry a large number of precious metals bullion products, but they are known for buying bullion scrap from the Maine public, and giving the seller extremely good prices on their gold and silver scrap.
Houlton, ME 04730