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Being the largest city in the state of Missouri, the city of Kansas is home to a lot of different gold dealers. You will find a ton of shops selling a variety of different metal bullion and products.
The only thing you have to ensure is that the company is trustworthy enough that you can invest your hard-earned money in them. To help you in your journey to buy gold and silver in Kansas City, I have taken the liberty of listing out a few reputable gold dealers.
But wait! Before reviewing all these precious metals firms, you should consider why you are investing in the first place.
Protecting and diversifying your assets are good causes, but doing so with the wrong company can lead to disastrous results. No one wants to miss out on huge returns, which is why Gold IRAs offer all this and much more.
Investing in gold can come with many risks that many people are simply not prepared for. Despite all of this, gold IRAs are a great option as they protect your assets. They remain a great choice for those who wish to diversify their retirement accounts.
If you do not know where to begin, you can start by reading my list of the best companies that allow you to invest in gold.
Or you can get a FREE Gold IRA Kit by visiting the company I recommend the most, guaranteeing the protection of your retirement savings.
I will ensure to include all of their services and provide a bit of their history so that you can gauge their experience and tell whether or not they are worth doing business with.
Furthermore, I will look into their rating and ensure that only the dependable and respectable dealers make their way into this article.
Where To Purchase Gold & Silver In Kansas City, MO
While there are plenty of great establishments you can visit, you should look into the dealer’s reputation, their prices, and the selection they offer.
This is mostly what I will try to mention in this article section. I will also highlight ratings and recommendations, especially for more specialized sites like the Better Business Bureau.
1. We Buy Gold
This brand is large enough to have three different shops, which is great for what started as a smaller business. Luckily for you, all three of them are in the city of Kansas. While I have mentioned their Overland Park branch, I will discuss the brand. You can expect the same level of services from their branches on Barry Road and Metcalf Avenue.
As the name suggests, this establishment is in the gold-buying business. They also deal in silver and platinum products, making them a good place to visit if you want to sell your precious metal products. You can get paid on the spot and be done so with a 110% price match guarantee! All of this is topped off with an amazing service provided by the staff.
Phone Number: (913) 888-4653
Address: 7810 West 151st Street, Overland Park, KS 66223
2. Precious Metals and Gems
Established in 1979, Precious Metals and Gems claim to offer the highest prices in the entire city. It does so for a variety of different products, which include jewelry, diamonds, luxury watches, and of course, precious metals. Whether you have coins or bullion, you can be sure that this firm will offer you a good deal when selling to them.
On their website, they claim to be paying more than ever before which means that if you were holding out on selling your bullion, you might want to reconsider. Offering free appraisals and quotes, you can bring your precious metals down to their store and see the prices they offer you and the worth of your collection. If you end up selling to them, you can expect on-the-spot payment.
Phone Number: (913) 355-6483
Address: 8230 Metcalf Avenue, Overland Park, KS 66204
3. American Gold Mine
American Gold Mine is a trusted and respectable pawn shop in Saint Joseph. It has since open 3 different stores in three different cities. As you can expect from the title of this article, I will be talking about its Kansas City Branch. This is one of their new locations that offer the quality services of its other branches.
Typically, you would want to visit this family-owned shop if you were in the market to sell some of your old and unwanted gold. This usually takes the form of scrap. Luckily, with 35 years of running a successful business, you can avail yourself of many more services. Among those services is selling various items and precious metal products of superior quality. Boasting an amazing selection of products, you should go down to this shop.
Phone Number: (816) 370-4653
Address: 7807 N Oak Trafficway, Kansas City, MO 64118
4. Toner Jewelers
An extremely well-rated jewelry store with a near-perfect rating on Google despite 500+ reviews, Toner Jewelers is a solid establishment to visit regardless of whether you want to buy or sell your gold items. Being operated since 1980 and locally owned, they strive to provide a friendly and professional environment for all of their customers.
On top of offering jewelry repair, warranties on repair, and custom design, they have been offering $20% more on trade when you sell them any of the abovementioned products. If you want to get quality wares and a good price for your precious metals, it might also be a good idea to visit this shop.
Phone Number: 913 663 3092
Address: 6285 West 135th Street, Overland Park, KS 66223
5. Joseph Diamonds
One of the city’s premier jewelry and diamond buyers, Joseph Diamonds is a well-respected establishment, boasting a perfect 5 out of 5 stars on Google. They claim to be the best place to sell gold in the city. You can go to their shop as a walk-in or via an appointment and get a free evaluation.
Upon doing so, you can also opt for immediate payment. Buying gold jewelry and diamonds is just one part of their business. You can also sell them your precious gold coins, watches, and other gems, making them another great place to check out.
Phone Number: (913) 242-7150
Address: 10560 Barkley St, Suite 370, Overland Park, Kansas 66212
6. Sol’s Jewelry & Pawn
Sol’s Jewelry & Pawn is a popular and respected family business with two different branches in the city. Both its branches have spectacular reviews on Google, with a 4.7 out of 5-star rating across 140+ reviews.
Sol’s Jewelry & Pawn has become a go-to destination for buying and selling jewelry in this city. They offer top dollar for gold, silver, platinum, and diamonds, and other precious metals. The shop has a wide selection of coins for sale and two on-site jewelers.
Phone Number: (913) 371-4043
Address: 721 State Ave, Kansas City, KS 66101
7. Sweeney’s Emporium
Due to an in-progress site migration, there is not much information available about Sweeney’s Emporium other than the fact that it is dedicated to pre-1940 western America. The owner of the shop has been working hard for decades. He started his collection in the 1950s and became a full-time dealer a decade after. This shows that the shop and its staff have experience when it comes to handling gold-related products.
Speaking of products, the shop specializes in coins and currency. If you have any pre-1965 silver or silver dollars, it might be best to try this shop. This is because the owner will provide high prices for such coins. Aside from silver, you can also get silver and variety of gold coins from this shop. Being a member of the ANA and CSNA, you can be sure you will get quality service here.
Phone Number: (913) 962-2100
Address: P.O. Box 936, Shawnee Mission, KS 66201
Frequently Asked Questions
Q1: How Much Do Gold Dealers Charge In Kansas City, MO?
In general, the price of gold is based on the spot price. This is the current market price for gold and the dealer’s markup or premium, which is the extra charge added by the dealer for buying or selling gold.
You will find that dealers will charge a higher premium for smaller gold items than for bigger ones. You can expect the premium to be between 2 and 20% of the spot price of the gold. On average, you can expect around 7% dealer charges.
Q2: Are There Taxes On Purchasing Gold & Silver In Kansas City, MO?
Kansas has set a uniform sales tax on most precious metals. This includes bullion, numismatics, and other precious metal products.
This sales tax has been set at 6.15%. This tax will also be required if you purchase paper currency, antiques, and even stamps. Those living in the city of Kansas will have to endure a bit higher costs when it comes to purchasing bullion.
Q3: Can You Invest In A Gold IRA In Kansas City, MO?
Yes, investing in a gold IRA in Kansas City is possible. A gold IRA, or precious metals IRA, allows you to hold physical gold, silver, platinum, or palladium in an IRA retirement account.
By investing in a gold IRA, you can potentially diversify your portfolio and hedge against inflation. It is important to note that not all IRA custodians provide the option to invest in precious metals, so you should research and compare options before opening an account.
Everyone wants to find the Perfect Gold IRA Company. Doing so will provide you with various tax benefits and give you much more control over your holdings, with only a small increase to the fees as a downside.
If you cannot find a reliable gold IRA company, you should check out the ones I have researched and compiled into a list!
Or you can click the prompt below and get yourself a FREE Gold IRA Kit, simply by visiting the recommended company. This will ensure the diversification of your retirement savings.
With the help of this article, it should be easy for you to find the perfect spot to buy precious metals. Just ensure that you do not lower your standards.
Many dealers will not have your best interest and are just looking to make a quick sale. While they may not appear shady, their practices are all but normal. This is why I recommend all of the firms listed above.