Are you looking to diversify your investment portfolio and protect your wealth against inflation? If so, you may consider investing in precious metals like gold and silver.
El Paso, Texas, offers a wealth of options for those looking to buy these valuable commodities, with a variety of reputable dealers and coin shops.
With so many options available, many people are unsure where to buy gold and silver in El Paso. That is where this guide comes in. I will provide you with everything you need to know.
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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So read this article till the end and take advantage of the resources provided. This way, you will get the best El Paso offers and start investing in your finances correctly.
Where To Purchase Gold & Silver In El Paso, TX
When buying or selling precious metals in El Paso, you can expect to find various options, from local coin shops to online dealers.
To get the best value for your purchase or sale, it’s important to research and compare prices and services offered by different dealers.
Before making a decision to buy the commodity, look for dealers who offer a range of products, such as bullion coins and bars, and who have a reputation for honesty and fair pricing.
Here, I will talk about all of this and more.
1. El Paso Coins & Collectibles Inc.
El Paso Coins & Collectibles Inc. is a renowned organization in El Paso, Texas, offering the best services for buying, selling, and trading rare coins and collectibles.
With more than 25 years of experience, the company has built a reputation for its exceptional services and wide range of products.
The organization specializes in coins and currency from all over the world, including new and used jewelry, silver and gold, and much more.
They are equipped with the latest knowledge, resources, and tools to help clients find what they want, whether new to the world of collectibles or seasoned collectors.
In addition to its large selection of products, the company also offers essential supplies for collecting, ensuring clients have all they need to build a successful collection.
With its knowledgeable staff, friendly customer service, and a wide selection of products, customers are sure to leave with what they’re looking for.
Phone Number: (915) 594-1818
Address: 2200 N Lee Trevino, El Paso, TX 79936
Website: https://www.elpasocoinsandcollectible.com/
2. El Paso Gold Buyers
With an A+ rating from the Better Business Bureau, it is no wonder that El Paso Gold Buyers is considered the best gold-buying business in El Paso by the El Paso Times newspaper.
They offer top dollar for such items and provide their customers with fast and discreet service. The owners are known to be welcoming and offer fair prices for gold and silver.
Customers have also praised the variety of merchandise available, the quick service, and the fast cash.
Moreover, they pay the highest cash prices in town for diamonds and Rolex watches and are happy to buy broken jewelry. This makes them a great spot to sell your precious metals and gold.
With an average of 4.8 stars out of 5 on Google Reviews, it’s clear that customers are very satisfied with the services provided by El Paso Gold Buyers.
Phone Number: (915) 566-4653
Address: 4716 Montana, El Paso, Tx 79903
Website: https://elpasogoldbuyers.com/
3. Benny’s Pawn Shop
Benny’s Pawn Shop is a family-owned company that operates eight pawn shops in El Paso, Texas.
They strive to set themselves apart from their competitors by providing exceptional customer service and building long-lasting relationships with their clients.
Moreover, the company prides itself on helping people needing quick and confidential financial services.
Benny’s Pawn Shop offers pawn loans ranging from $5 to $1,000,000 with the help of their GIA-certified pawnbrokers.
With over 60 years of experience in the pawn industry, they are confident in their ability to provide their clients with the money they need, when they need it.
Benny’s Pawn Shop also sells high-quality gold and silver at affordable prices, backed by a customer satisfaction guarantee.
They offer a free layaway program that allows customers to make payments and purchase items conveniently.
It doesn’t matter if you need a specific item or a special gift for an upcoming occasion, Benny’s Pawn Shop is dedicated to providing you with the best shopping experience possible.
Phone Number: (915) 857-7711
Address: 1795 N Zaragoza Rd, El Paso, TX 79936
Website: https://www.bennyspawnshops.com/
4. Susan Eisen Fine Jewelry & Watches
Clients can find many fine jewelry pieces at Susan Eisen Fine Jewelry & Watches.
The owner, an accomplished goldsmith, offers a unique experience by creating custom pieces tailored to their client desires.
The store also specializes in buying and selling gold, silver, and coins and can assist clients in managing their collections.
Clients who have visited the shop have praised the owner’s approachable and knowledgeable demeanor, which made them feel comfortable investing in gold jewelry.
Additionally, the quality of the items available at the store and the fair appraisals offered when selling items have also received positive feedback.
In addition to its retail offerings, the facility features a full-service jewelry manufacturing and repair workshop.
The store also boasts an Accredited Gemological Laboratory and a comprehensive jewelry and appraisal library.
Furthermore, the staff regularly engages in training sessions focused on jewelry and customer service to ensure a high level of expertise and knowledge.
Lastly, the owner’s background as a goldsmith allows the workshop to produce truly one-of-a-kind pieces for clients.
Phone Number: (915) 584-0022
Address: 5857 N. Mesa, Ste. 19, El Paso, TX 79912
Website: https://www.susaneisen.com/
5. Perkins Jewelers Supply
Perkins Jewelers Supply, a business operating since July 1975, offers a range of jewelry-making and repair products.
The company’s product line includes wax patterns for lost wax casting, tools, equipment, findings, beads, bead stringing supplies, and precious metals.
Perkins Jewelers Supply aims to provide excellent customer service and competitive pricing.
With the launch of its website, the company hopes to attract new customers and provide a convenient platform for existing customers to view and purchase their products.
If you do not want to give them a proper visit, you can check out their wares online.
However, you should know that the best way to get an idea of someone’s lineup of products is by visiting them personally.
This is mostly due to the excellent displays they have set up throughout the shop. The business expresses gratitude to its loyal customers for choosing them as its supplier over the years.
Phone Number: (915) 533-6565
Address: 1124 E. Yandell Dr., El Paso, TX 79902
Website: https://www.perkinsjewelrysupply.com/
Frequently Asked Questions
Q1: How Much Do Gold Dealers Charge In El Paso, TX?
You will find that prices will range from 2 to 8% when dealing with dealer charges in El Paso. With that being said, this will mostly depend on where you buy the gold and what type of gold you buy.
Each dealer will charge different amounts for different types of bullion, so ensure you know that the shop you are buying from is legit.
Also, be aware of the maximum charges that specific bullion can accumulate. Always visit different dealers to compare their prices and then decide accordingly.
Q2: Are There Taxes On Purchasing Gold & Silver In El Paso, TX?
A lot of people are hesitant to invest in precious metals simply because there is a state-wide tax on gold and silver purchases.
While this is the case in many states, you will be happy to know that this does not apply to Texas.
This means that the people of El Paso do not have to pay any form of tax when buying gold and silver bullion.
Q3: Can You Invest In A Gold IRA In El Paso, TX?
If you were planning on just buying gold and silver metals, you should consider getting into a gold IRA.
Since this type of IRA is available in El Paso, you should research and see the best places to get a gold IRA started.
With the ability to hold precious physical metals as part of your investment portfolio, you can diversify your investments and potentially reduce your overall risk.
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
Buying precious metals is a wise and crucial investment decision for anyone looking to secure their future.
With the help of this article, you should be able to identify several reputable dealers and coin shops available in the city of El Paso.
Since all of them offer a wide range of products to suit your needs and budget, you need to ensure which one of them is perfect for your needs.
Now buying precious metals in the city can be a straightforward and easy process, helping you take the first step in securing your financial future.
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.
