Buy Gold and Silver in Rhode Island
Rhode Island is the smallest US state, but has a large population and is, therefore, the second-most densely populated. Historically, the economy of the state revolved around the fishing, textile, and silverware industries. Today, however, the economy of Rhode Island is service based, with healthcare, tourism, and education comprising the largest sectors.
Rhode Island is heavily urbanized, and there are many top gold and silver dealers in Rhode Island to serve the population of over one million residents. Rhode Island is also home to the Geib Refining Corporation, who refine gold, silver, platinum, palladium, rhodium, and iridium from a wide number of sources.
Are There Taxes on Buying Gold and Silver Bullion in Rhode Island?
Currently, sales taxes are not charged when you buy gold, silver, or platinum bullion in Rhode Island. Numismatic coins are also exempt from sales taxes. However, purchases of paper money, tokens, medallions, and certain other collectibles are not exempt, and the state sales tax of 7% applies in full. Other local and city sales and use taxes may increase that total even further.
CBMint is not based in Rhode Island, so residents of Rhode Island 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 Rhode Island.
List of Rhode Island Cities with Gold and Silver Dealers
Featured Gold and Silver Dealers in Rhode Island (RI)
Listed below is a small sample of featured bullion and coin dealers in Rhode Island. If you would like to suggest any additional Rhode Island coin or bullion stores to add to this list, feel free to Contact CBMint and let us know.
Podrat Coin Exchange
The Podrat Coin Exchange is a US Mint authorized dealer, and, therefore, carries a full range of US Mint products including circulation coinage, proof sets, mint sets, US State quarters, American Gold and Silver Eagles, US Gold Buffaloes, and more. Podrat is an NGC and PCGS approved dealer, and offers coin grading and appraisal services. Their numismatic coin offerings include graded and certified coins, Morgan silver dollars, pre-1933 US gold coins, silver half-dollars, foreign coins, cents, nickels, and dimes. Podrat also buys and sells gold and silver bullion, including bars, coins, and rounds. Their bullion coin selection also includes Canadian Maple Leafs, South African Gold Krugerrands, Austrian Silver and Gold Philharmonics, and Chinese Pandas. They buy precious metals scrap, junk silver, and gold and silver bullion from the Rhode Island public, so their wide selection is always changing.
769 Hope Street
Providence, RI 02906
Heritage Gun and Coin
Heritage Gun and Coin, located in a south suburb of Providence, is one of the best gold and silver dealers in Rhode Island. They buy all manner of precious metals bullion from the public, and are known for paying high prices for silver and gold bullion, if the amount is applied to an in-store firearm purchase. Their bullion offerings often change, but staples include silver bars, gold bars, platinum coins, scrap silver and gold, and precious metals jewelry. They have a large range of historic and collectible coins, tokens, medallions, foreign coins, and other numismatic collectibles. Heritage Gun and Coin offers free appraisals, along with a customer-friendly layaway program.
250 Cowesett Avenue
West Warwick, RI 02893
Lost Treasures is a long-standing, locally-owned collectibles and coin shop, with two locations in Rhode Island. Lost Treasures specializes in rare US coins, including proof coins, investment-grade coins, slabbed coins, mint sets, and high-grade circulation coinage such as Morgan silver dollars, Barber and Franklin silver half-dollars, Walking Liberty silver halves, silver quarters, other pre-1964 silver coins, and pre-1933 US gold coinage.
Lost Treasures offers a range of precious metals bullion products, for Rhode Island buyers who are looking to invest in gold and silver. Included are bullion coins, such as American Eagles, gold Krugerrands, Canadian Silver Maple Leafs, and world silver and gold coins. Lost Treasures also offers jewelry and scrap silver and gold. Their website lists some of their coins and bullion, along with current silver and gold prices, but the full selection can only be seen by visiting one of their two storefronts.
75 Main Street
East Greenwich, RI 02818
New England Coin Exchange
Another large coin shop located in a Providence suburb, the New England Coin Exchange is among the best coin dealers in Rhode Island. With a huge selection of historic and rare foreign and US coins, New England Coin Exchange had coins in all grades and for all budgets. They are an NGC and PCGS authorized dealer, and offer appraisal and grading services. New England Coin is renowned for their expansive selection of high grade and investment grade coins, including US gold coins minted before 1933, silver dollars and half dollars minted before 1964, rare cents, nickels, dimes, and tokens. Also included are gold and silver bullion coins, ancient coins, proof coins, and mint sets. Some of their coins are available through their eBay store, but most are visible only in their store.
935 Park Avenue #209
Cranston, RI 02910
Also located in Cranston, Arlington Coin specializes in precious metals and has become one of the largest and best silver and gold dealers in Rhode Island. They buy gold and silver bullion coins, fine gold and silver bullion bars, round, and scrap. They usually carry a vast amount of 90% junk silver, as well as large numbers of silver bars in all sizes, ranging from 1 troy ounce of silver up to 100 ounces. At Arlington Coin, Rhode Island investors can buy cheap silver bars and coins, as Arlington charges very low premiums on their bullion products. In addition, when they buy gold and silver from the public, Arlington Coin pays top dollar, even if the current silver and gold prices are low.
Though their focus is on precious metals bullion, Arlington Coin also carries a range of silver and gold jewelry, rare and historic US coins, hard to find foreign coins, and other numismatic items. Their selection is always changing, so be sure to call ahead if you are seeking a particular coin or bullion item.
140 Gansett Avenue
Cranston, RI 02910
Geib Refining Corporation
The Geib Refining Corporation, located in Warwick, RI, is a large refiner of precious and semi-precious metals. Notably, Geib refines gold, silver, platinum, palladium, copper, rhodium, and iridium. They utilize recycled sources, and the source of their product inputs come from many different industries, including the jewelry, dentistry, microelectronics, ceramic, pawnbroker, agricultural, retail, and healthcare industries. Geib is known for their environmentally-friendly industrial practices.
Geib does not produce precious metals bullion products for the consumer markets -- instead, their customers are usually large business who require products produced from the aforementioned metals. However, Geib does buy gold, silver, and other precious metals from the public, even from non-Rhode Island residents. By visiting their website, you can follow the process to sell precious metals to Geib. Their website lists current spot prices for gold, silver, platinum, and palladium.
399 Kilvert Street
Warwick, RI 02886