Investing in precious metals is like having a secret ace up your sleeve – it’s a smart move that can give you a competitive edge in the game of finance.
If you’re a resident of Baton Rouge, you have the privilege of joining a growing group of investors who know the true power of precious metals.
The city is a hub of precious metal activity, where you can find rare coins, bars, and bullion, which will only increase in value.
If you are worried that you won’t find any viable dealers from which to buy gold and silver in Baton Rouge, then you are mistaken.
Important Notice! Before you continue onwards:
Sutter Gold Mining prides itself on providing the most accurate and up-to-date information possible.
I put in long, hard hours to ensure all the information I provide is reliable and helpful for you to buy gold and silver. This is simply because financial decisions like this should be well-planned!
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Alternatively, if you want to look directly at my No.1 recommended company, click the link below. That way, you can also get a complementary precious metals investment kit for free!
This article will explore seven dealers in the city, all of which have proved themselves to be excellent options for investors. You certainly won’t be disappointed.
Where To Purchase Gold & Silver In Baton Rouge, LA
Although finding gold dealers in some cities is difficult, Baton Rouge is certainly not one of them.
I have gathered a list of the best ones here. I can also assure you that proper research was conducted on them, so you won’t doubt their credibility.
1. Louisiana Gold & Coin
Apart from pawn shops, people rarely see dealers that do business in all the top forms of numismatic items. Well, Louisiana Gold & Coin is certainly among that small percentage.
Although the name has gold, it deals in all sorts of precious metals. This is good news for investors looking to diversify their portfolios with more than one kind of metal.
Although Louisiana Gold & Coin believes in face-to-face dealings, it has not let this belief deter it by affecting other customers.
Even if you want to sell, they are more than happy to pay you on the spot. You can buy from their online shop too, and get the precious metal item of your choice delivered to your doorstep.
Phone Number: (225) 292-1615
Address: 5525 S Sherwood Forest Blvd, Baton Rouge, LA 70816
Website: https://louisianagold.com/
2. Gold & Silver of Louisiana
Among that small number of bullion dealers, another name emerges. Gold & Silver of Louisiana is another fantastic vendor that can be considered as an alternative.
No matter what side of the deal you want, this shop is more than happy to comply. It also trades all other common metals, such as platinum.
The shop also has all sorts of coins. They can be made of gold or collectible items that were once a part of history.
Not only that but Gold & Silver of Louisiana has a staff with an experience level that is seldom seen in the industry. They will professionally deal with you and not push you to decide.
Phone Number: (225) 366-1000
Address: 2561 Citiplace Ct #375, Baton Rouge, LA 70808
Website: http://batonrougegoldandsilver.com/
3. Coin Quest
In my quest for the best bullion dealers in the city, I came across Coin Quest. This is another gem of a shop you can visit to sell your precious metals.
Yes, that is indeed true. Despite the name, they buy a whole load of other things, which includes the most popular precious metals.
They don’t even care about the condition. That is certainly a service some of you might be interested in.
Before you mistake it for a single-purpose shop, you need to know more about it. Coin Quest offers appraisal services too.
No matter what it is, from a gold coin to a silver bar, the staff will happily look at your items and provide you with a price per the market rates.
Phone Number: (225) 330-4707
Address: 5734 S Sherwood Forest Blvd #6033, Baton Rouge, LA 70816
Website: https://www.coinquestbr.com/
4. Mr. Goldman & Sons
Well, Mr. Goldman & Sons is a trader checking both boxes.
I have reviewed my fair share of gold dealers across the United States, but I normally don’t come across those with thousands of ratings, much less those with five stars too.
With more than 4000 satisfied customers, there is very little chance that your experience with them can go sideways.
Although most users buy jewelry from it at an excellent rate, you can also get custom services done here. For example, you can get personalized nameplates here.
They don’t lose value, so why not have fun with them and make them special?
Many people also talk about the customer service at Mr. Gold Man & Sons due to the staff going out of its way to help them.
Phone Number: (225) 367-6778
Address: 6401 Bluebonnet Blvd #2036, Baton Rouge, LA 70836
Website: http://www.mrgoldmannola.com/
5. Pelican Pawn
Before scrolling down, I need you to listen to me momentarily. Pelican Pawn is a pawn shop that differs from the others.
This one has been in business for over 40 years and serves its customers from four different locations, with two in Baton Rouge alone.
The latter alone should convince you that your experience at any of those locations will be pretty good.
I wouldn’t recommend this one at all when it comes to selling. But when it comes to investing, you should seriously consider Pelican Pawn. It has a massive collection of gold and silver jewelry and collectibles.
They could give you your money back and then some more! Pawn shops rarely check spot prices and offer you what feels right, which is almost always pretty less.
Phone Number: (225) 757-5445
Address: 2628 S Sherwood Forest Blvd, Baton Rouge, LA 70816
Website: https://pelicanpawn.com/
6. Pattons Fine Jewelry
As the name suggests, Patton Fine Jewelry is mainly a jewelry store. They deal in some of the top brands and offer custom designs too. But that is not what interests investors.
The service that should catch your eye is precious metal buying. The shop purchases them from you. It could be jewelry, platinum, or even sterling silver. You will be made an offer on the spot, with no obligations.
You can finally get an accurate rate of your precious metal is worth. As there are no obligations or fees when getting your items checked at Pattons Fine Jewelry, they also offer free appraisals.
You need an appointment for this to get the time you deserve when you visit them.
Phone Number: (225) 292-7482
Address: 11740 Coursey Blvd A, Baton Rouge, LA 70816
Website: https://www.pattonsjewelry.com/
7. K & M Coin and Currency Supplies
Finally, coming in seventh place is K & M Coin and Currency Supplies.
Although it may look like it deals in supplies to safely store coins and currency, there is much more to it than meets the eye. With over 35 years of experience in the industry, it is a veteran coin dealer too.
K & M Coins and Currency Supplies works on an appointment basis only. You cannot visit them at any time. This is great news because you will be the center of attention when you do.
Another thing you might be happy to hear is that they also buy precious metals in various styles.
Even if it is broken or old jewelry, they will purchase it from you. They do use spot prices, so you won’t have to worry about getting paid too less.
Phone Number: (225) 772-6903
Address: 9555 Joor Rd Baton Rouge, LA 70818
Website: https://www.bayoucoinsupplies.com/
Frequently Asked Questions
Q1: How Much Do Gold Dealers Charge In Baton Rouge, LA?
It is up to the dealers to provide you with the percentage of what they will take. This number is never the same. But they try to keep it as low as possible due to fierce competition.
The number you are looking at is 1%. This is usually what dealers in the city of Baton Rouge keep for themselves when they sell to you.
This keeps their business running. It is not too steep and is certainly acceptable. But still, remember to negotiate with them. This number is always flexible.
Q2: Are There Taxes On Purchasing Gold & Silver In Baton Rouge, LA?
There is some brilliant news for all of you Baton Rouge residents.
A few years ago, the state of Louisiana abolished sales tax on all types of precious metals. This means that you will be able to buy anything at the rate that the dealer has told you.
Before that, it was 3%, and it was 5% before that. Although it was pretty less, comparatively, the state still wiped it completely. You can make the most out of your purchases here.
Q3: Can You Invest In A Gold IRA In Baton Rouge, LA?
Why not? Investing in a gold IRA is not something a state can control. So, even if you cannot find a dealer in the city, there are hundreds present in the country.
Some popular examples include Goldco and Augusta Precious Metals.
Although they are tried and tested, you should still do your own research and find IRA providers that can work with your portfolio requirements.
Their charges are also something not to be forgotten, so don’t rush this decision.
Gold IRA services are a perfect way to diversify your assets and expand your investment portfolio. This, however, is only possible if you have a capable firm providing you with the service. I have gone ahead and compiled various reliable gold IRA companies for your benefit!
>> CLICK HERE to read my list of the Top Precious Metals IRA Companies. <<
Additionally, you can click the link below and enjoy a FREE Gold IRA Kit. This service is provided by the company I recommend the most!
Conclusion
When the time comes for you to buy precious metals in Baton Rouge, you don’t need to worry. After reading this article, all your confusion should just be gone.
Even if you have some, the welcoming staff at any one of the seven shops will be more than happy to clear them all up.
Martin Thomas, the owner of Sutter Gold Mining, is a true gold investment aficionado. With decades of experience and a wealth of knowledge, he is the go-to source for anyone navigating the vast world of precious metals. Martin has dedicated decades of his life to understanding the intricacies of the precious metals market and the best strategies for maximizing returns. His expertise in this field is unmatched, and his commitment to helping others make informed investment decisions is unwavering. With him as your guide, you’ll gain a deeper understanding of the gold market and learn how to make smart investment choices that will benefit you for years. With his guidance and wisdom, you will never have to worry about taking the wrong investment step again.
