With there being economic turmoil all over the globe in recent years, investors have been confused as to where to put their money. Although all investments carry risks, the safest option nowadays is precious metals.
The state of Ohio, in the United States, has many cities with fantastic dealers who can be trusted and deal in precious metals. One city that many people want to know more about in Cincinnati.
If you are reading this, there is a good chance that you are an investor looking to buy gold and silver in Cincinnati and want reliable vendors. Well, the wait is over.
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 be going into the details of the top retailers that have been carefully chosen after putting proper thought and research into it. They are reliable and will provide you with a fantastic customer experience.
Where To Purchase Gold & Silver In Cincinnati, OH
With at least one gold and silver dealer in any densely populated area in the Cincinnati region, there is a good chance that you will not be disappointed by the service.
But do you want to risk it? If not, continue reading to find the top retailers in your area.
1. Coins Plus
The number one dealer on this list has a huge list of excellent reviews. Coins Plus has been in the market for quite some time, 1972, to be exact.
With more than half a century of experience and more than 100 years combined, the vendor is certainly a reliable place to go and shop for gold and silver products.
The owner is named one of the best numismatists in the world. He held this title from 1960 to 2020.
Coins Plus is located only in Cincinnati. And for the customer’s ease, they have three different locations here.
Not only that but they can also offer home and bank appointments, so you can have them where you need them the most.
This reduces the risk of traveling with bullion, as it is susceptible to theft. They offer excellent rates, and you certainly will not be disappointed, regardless of where or when you meet with the team.
Phone Number: (513) 621-1996
Address: 225 E 6th St, Cincinnati, OH 45202
Website: https://coinspluscincy.com/
2. Main Street Coin
Present in Hyde Park, Cincinnati, Main Street Coin is another reputable dealer which surely could not be excluded from this list.
With buyer ratings coloring it as a fantastic dealer to work with, imagine my surprise that my research brought forth similar findings.
If you want to liquidate your gold, silver, or other precious metals, it is the place to go. They also sell these identical items at a competitive rate.
The company has been in this business since 2001, and even then, the staff was experienced and ready to handle anything thrown at it.
With it being certified by big corporations, such as the PCGS and the NGC, you can rest assured that whether you buy or sell to them, you will not be dissatisfied once you walk out the door.
Phone Number: 513 653 6170
Address: 3920 Edwards Rd, Cincinnati, OH 45209
Website: https://www.mainstreetcoinhydepark.com/
3. Queen City Jewelry & Pawn
Queen City Jewelry and Pawn is your best bet if you are looking for a vendor that works closely to ensure quality and reliability. This family-operated shop has been working in the numismatic industry since 2011.
Although they may seem new, the combined jewelry experience of this store is more than 50 years. The company is proud of its excellent customer service and jolly staff.
You can visit them to check and possibly buy pre-owned products or new ones too! Whether it be wedding bands, pendants, or gold bars, you don’t have to worry about it not being present over here.
The same goes for silver and other metals too. As a pawn shop, Queen City Jewelry & Pawn also offers a reasonable rate loan.
You can put that money into an investment, or it may help you at a tough time. It is a one-stop shop for your investment needs.
Phone Number: (513) 979-4834
Address: 7935 Reading Rd, Cincinnati, OH 45237
Website: https://queencityjewelry.com/
4. Richter & Phillips Jewelers
If you are looking for a dealer that has had its roots in the precious metal industry for a long time, then Richter & Phillips Jewelers is for you.
This company was established in 1896, far longer than one would expect. From day one, it has been the brand’s goal to provide unparalleled customer service to its clients.
Although this store does not deal directly in coins or bullion, they accept and sell jewelry. They sell bracelets, wedding rings, cuff links, and more. Richter & Phillips Jewelers offer a 15-day money-back guarantee.
If you purchase from them, they also offer financing options, so you can get the jewelry you want without waiting too long. So, if this one suits your needs, you can visit the shop anytime.
Phone Number: (513) 241-3510
Address: 601 Main St, Cincinnati, OH 45202
Website: https://richterphillips.com/
5. Gold and Diamonds
Another family-owned business in the Cincinnati area is Gold and Diamonds. The name itself is enough to clarify what the shop deals in.
It has three locations, much like Coins Plus. With over 60 years of experience, you can walk into any shop with the peace of mind that your trip will not be wasted.
Gold and Diamonds is a company that sells jewelry and repairs it. This is fantastic news for those looking to get their family heirlooms fixed.
They also deal in silver, watches, and more. Like the previous vendor, this business also offers financing options for people that don’t want to spend a hefty amount on a purchase.
There is a 30-day return policy for those who want to change the items they bought. This is not seen every day in the precious metal world.
Phone Number: (513) 769-4653
Address: 4440 Lake Forest Dr. Ste 114, Cincinnati, OH 45242
Website: https://www.goldanddiamondscincy.com/
6. Robin James Jewelers
When it comes to dealing in precious metals, experience is perhaps the first thing that investors are looking for in a vendor, especially if they are looking for a new one.
Although many on this list fit this description, Robin James Jewelers is a dealer that should also be considered.
With the shop being in existence since 1989, it has had a long history of providing excellent ornaments to people and investors.
This business is unique to others because it is a member of the Jewelers of America; there are some very strict rules that jewelry shops need to follow to be a part of it.
This means that when it comes to ethics and education, there could be no dealer ahead of this one. You can also sell gold to them, regardless of the condition it is in.
Phone Number: (513) 598-9655
Address: 6593 Glenway Ave, Cincinnati, OH 45211
Website: https://www.robinjamesjewelers.com/
Frequently Asked Questions
Q1: How Much Do Gold Dealers Charge In Cincinnati, OH?
The amount that dealers charge, which they may say is a service fee, is a premium.
Regardless of the gold’s cost, the dealer is expected to charge you a bit more in accordance with the spot price. This is almost always the case, and the percentage is around 2 to 8%.
Some may charge more, but that usually happens at high-end shops. You should certainly survey the market to find one that charges the least amount of money and offers competitive rates for maximum savings.
Q2: Are There Taxes On Purchasing Gold & Silver In Cincinnati, OH?
Sales tax is something that the government takes from you when you buy it.
The number varies from state to state and even county to county. So, the question is, how much sales tax is expected in Cincinnati?
Well, that number is 6.75 – 8%. Out of this 5.75% is taken by the state of Ohio, and the rest by the city. This may drive up the investment cost but is something you must pay if you buy in this city.
Q3: Can You Invest In A Gold IRA In Cincinnati, OH?
Yes, gold IRA is a possibility in Cincinnati. The main thing that investors need to worry about is finding a broker that charges minimal fees while also giving generous returns.
With the proper research, you can certainly find one that will suit you in the long run. Make certain to choose one that allows access to their gold reserves at any time, so you can keep your investments in check.
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!
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Conclusion
Finally, it can be concluded that Cincinnati is home to some fantastic family-owned gold and other precious metal dealers. These dealers have been present here for decades and have no hurry to leave their profession.
Cincinnati residents have trusted them for years, and you can too! I hope the time of confusion and your research has ended with this list of the best precious metal dealers in the city.
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.
