Boston is the most populous city in Massachusetts, being a hub for many financial areas including the selling of gold and silver. You would do well to conduct a meticulous search for a precious metal dealer you can trust.
The last thing anyone wants is to get scammed out of their savings. With that being said, you have come to the right place. I will discuss the best places to buy gold and silver in Boston.
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!
>> CLICK HERE to read my list of the Best Gold IRA Companies. <<
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!
You can browse a whole array of precious metal companies below and see if they also offer IRA services.
Where To Purchase Gold & Silver In Boston, MA
Dealer rates and charges vary constantly and it is your job to find the best investment rate.
Alternatively, you might be in the market to sell your precious metals, so you should look for the best rate possible.
Not all dealers will have your interest at heart, so you need to be aware of which ones do. This section of the article will list some well-established businesses.
Here, you can learn about their history, impact, and the services that they provide.
1. Bromfield Jewelers
Paying the highest cash price available for precious metals and jewelry, Bromfield Jewelers is your one-stop shop for all your investment needs.
This store buys and sells diamonds, watches, jewelry, and of course, gold and silver. This family-owned and operated business has been helping Boston’s people with their investing needs for many years.
Offering free appraisals, they offer extensive expertise in all aspects of the jewelry and precious metal industry.
If you visit their shop, you can find extremely low prices on fine jewelry and precious metals for sale.
Alternatively, if you want to sell your gold, you can simply upload a photo to them and they will get back to you within 24 hours!
Boasting an inviting atmosphere and instant payouts, you can gain a lot by visiting this business.
Phone Number: (617) 423-7464
Address: 53 Bromfield Street, Boston, MA 02108
2. Bunker Hill Rare Coin
Operating as a full-service retailer regarding rare coins, the Bunker Hill Rare Coin store has been hard at work since 1988.
This business has worked with thousands of investors who enjoy collecting or investing in rare coins.
Having established solid relations with wholesalers and suppliers, this business can provide you with a comprehensive array of coins and products.
This can enable you to diversify your portfolio to new levels with a strong return on investments. Providing superior quality and all at a fair price, the people working here will assist you wherever possible.
The business is a member of the NGC, PCGS, and ANA. Along with a free brochure, if you visit them now, you can get in touch with their counselors, who can advise you and make you a portfolio.
Phone Number: (800) 213-6238
Address: 85 Devonshire St, Boston, MA 02109
3. Colonial Trading Company
Are you in the market to sell your unwanted jewelry or just to turn a profit by selling gold and silver? Or maybe you are looking for a nice establishment to buy antiquities, coins, and precious metals.
You should definitely check out the Colonial Trading Company in either of these cases.
Featuring an expert team, they have over two centuries worth of experience, and this is for each category of their vast inventory.
Along with selling popular brands, they sell coins and bullion made of silver and gold. They will also not be shy to offer you a fair price if you want to sell.
To get the most out of this business, it is recommended that you visit them personally. You can even subscribe to their newsletter to get updates on any sales they put up and the products that they sell.
Phone Number: (617) 695-1652
Address: 41 Bromfield St Boston, MA 02108
4. Boston Estate Buyers
This is one of the older businesses in Massachusetts, having been serving the city since 1959.
Offering immediate payment, top-dollar payouts, and trusted appraisals, this business is the place to go when you want to sell your precious metals.
They believe they can totally help you in the appraisals and the selling of your items. To this end, they offer a simple and smooth way to carry out transactions.
Moreover, they also have an intense passion for the precious metal business. This has led them to build a solid reputation over their 50+ years of work.
You can easily see this when you figure out that they are rated with A+ ranking at BBB.
Phone Number: (617) 523-1193
Address: 333 Washington St, Suite 403, Boston, MA 02108
5. LBC Boutique
This prominent store has recently just relocated their branch to a new position.
That being said, they still plan to keep the goodwill and services they were known for in their precious establishment.
LBC Boutique comprises a small team of employees who have worked with precious metals and huge brands for over 13 years. When you visit their website, you will see that this is a typical fashion store.
On the contrary, this establishment also provides the service of buying your precious metals and gemstones. They usually do this only in the form of diamonds or coins.
Additionally, you can also buy these precious metals. Customers have generally praised the store for its solid and competitive prices and the quality of the products they provide.
Phone Number: (857) 413-0674
Address: 1107 Commonwealth Avenue, Allston, Boston 02215
6. Cambridge Jewelry & Watch Buyers
The people at Cambridge Jewelry & Watch Buyers have been selling a wide assortment of watches and jewelry since as far back as 1982.
They have since gone on to buy these products and various precious metals. The company was originally called Vellucci Jewelers but was soon transformed into what it is today.
The previous name was also the owner’s name, who made it his career to buy and sell jewelry and other precious metals.
Dealing with diamonds, estate jewelry, and watches, you can easily expect a handsome payout from this establishment. Priding itself on its honesty and customer service, this business is worth a visit.
Phone Number: (617) 263-7766
Address: 333 Washington St, Suite 421 B, Boston, MA 02108
7. Suffolk Jewelers & Pawnbrokers
The Suffolk Jewelers & Pawnbrokers market themselves as Boston’s leading pawnbroker.
This is likely the case as they are one of the older businesses I have personally seen. Established in 1910, this shop has been in the precious metal business for over a century.
The business has been famous for keeping its doors open to the public, even during times of world war and great economic crisis. Providing quick and easy loans ensures the safety and security of your investment.
Offering pre-owned jewelry and pawn loans will give you quality products and a good price if you are trying to sell.
Phone Number: (617) 445-5087
Address: 1888 Washington St, Boston, MA 02118
Frequently Asked Questions
Q1: How Much Do Gold Dealers Charge In Boston, MA?
It is difficult to provide an estimated range when it comes to dealer charges in the city of Boston. This is mostly because of the varying factors which affect these rates.
Typically it will depend on the type and quantity of the precious metal being sold and the reputation of the investment firm.
You can expect, at minimum, a 2% premium on the spot price as gold dealer charges. This can easily rise to as high as 20% as well.
Q2: Are There Taxes On Purchasing Gold & Silver In Boston, MA?
Massachusetts has imposed a tax rate of 6.25% on buying/selling precious metals.
Since the city of Boston is located within this state, you can expect to deal with the same rate when dealing in gold, silver, or other metals.
However, if you have purchased more than $1000 worth gold or silver that is legal tender in the US, Asia or Europe then you won’t have to pay any tax.
Q3: Can You Invest In A Gold IRA In Boston, MA?
The simple answer is yes. You can easily invest in a gold IRA in Boston without any repercussions whatsoever.
Gold IRAs offer great potential when it comes to capital appreciation and lead to the better diversification of your assets.
Additionally, it remains a great way to protect against inflation, a solid alternative to retirement savings.
You can check out if the companies above offer this service by reading into them or visiting their website.
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!
In conclusion, dealing in gold, silver, or any precious metal in the city of Boston is a viable investment option for those who are looking to diversify their investment portfolio.
There are a number of reputable dealers and precious metals companies in the Boston area. Many of these I have gone ahead and mentioned above.
However, it is important to do your research and carefully consider your investment objectives investment firm before making any major investment decision.
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.