Being the 31st largest city in the entire United States, Milwaukee is in a prime position to be a giant in the gold and silver industry.
To buy gold and silver in Milwaukee it is your task to find a good dealer and ensure that any service you get is good and reliable.
Plenty of scammers out there will neither provide you with the precious metals you seek nor give you a good experience.
If you want to avoid getting your hard-earned money taken from you, I suggest you give the precious metal dealers mentioned below a good look.
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!
You should be aware of the history, experience, and services when dealing with precious metal dealers.
I will discuss this in the article and do so for all dealers. For this reason, it is recommended to read the article till the end.
Where To Purchase Gold & Silver In Milwaukee, WI
No one wants to place their life savings in some shady deal with untrustworthy people. You need to look for a quality establishment with which you can do business.
That means actively looking for one that will suit your needs and provide the services that you are looking for. Luckily for you, I have listed some great precious metal dealers below.
1. International Gold and Silver
International Gold and Silver people specialize in buying all sorts of precious metals, including gold and silver. They do so, along with myriad quality items such as flatware, antiques, and diamonds.
This business will easily buy entire collections and estates, charging little commission.
International Gold and Silver have been in the same location for more than 35 years and have been rated one of the city’s best gold buyers, at least in 2010.
They are a quality precious metal dealer from which you can expect great services.
This is mainly because they have an A+ rating on the BBBs website. If this is not to your liking, then visiting the website may give you even more motivation.
They offer a coupon on their website that will give you extra cash if you go and take it to their store. This makes them a great place to go and visit.
Phone Number: (414) 453-2005
Address: 6113 W. Bluemound Rd. Milwaukee, WI 53213
Website: https://www.intlgoldnsilver.com/
2. Reflections Jewelry
While the name may make you think that it is a jewelry store, you will find that Reflections Jewelry is a prominent pawn shop that buys all sorts of precious metals, from gold and silver to even palladium.
It does so in all types, so regardless of whether you have coins or bullion, they will buy it from you. They also have a huge offering on 10K and 14K gold and bridal sets.
With the variety they have, they can easily become your preferred jewelry store in the entire city. Their biggest service is their pawn services, which offer you short-term cash for all your precious metals and other valuables.
It is recommended that you check them out in person, as despite having all this information, they offer better deals and face-to-face information.
This will also ensure that you can get the best deal possible. Lastly, their luxury line of genuine products can also convince you to check them out as soon as possible.
Phone Number: (414) 672-6108
Address: 1306 W Forest Home Ave. Milwaukee, WI 53204
Website: https://pawnmilwaukee.com/
3. Powers Jewelry
Founded in 1976, Powers Jewelry started as a small jewelry store but then expanded its operation when it moved in 1982. It would spend the next 30 years in this location before moving again in 2014.
They have spent more than 45 years in the precious metal business, mostly dealing in diamonds but also offering deals and services in precious metals and custom design jewelry.
The entire concept that the people at this establishment work by is treating their customers as if they were their families.
They offer paramount honesty, integrity, and undeniable services that will make you return for more.
Whether you want to buy precious diamonds to sell your precious metals, you can get great prices and be paid top dollar for your services.
They have an elite lineup of trained individuals to ensure you get the most value out of your product.
Additionally, their lineup of products is also nothing to scoff at either. There is little reason why you should not go and check them out!
Phone Number: (414) 272-4510
Address: 301 E Wisconsin Ave, Milwaukee, WI 53202
Website: https://www.milwaukee-jewelry.com/
4. Pawn America
There is no doubt that you may have heard of Pawn America. This national chain of pawn shops offers many services regardless of where you are.
You can easily browse their selection of products from the comfort of your home via their website.
While they may have a great selection of products online, you will find that they have even more inventory in their store.
This website also offers the ability to buy products. The brand was founded in 1991 and has grown to multiple branches across the United States.
If you are in the mood to sell your products, then it is recommended that you go visit them yourself and talk to them face to face.
That being said, they also offer online quotes that you can take advantage of to get an idea of how much you can expect from them.
They will appraise your products and precious metals and offer you cash which they will pay on the spot.
Gold and other precious metals offer even more money and make the entire process easier. For this reason, this should be your go-to source if you want to sell.
Phone Number: (414) 644-5761
Address: 6574 N 76th St, Milwaukee, WI 53223
Website: https://www.pawnamerica.com/
5. JRS Jewelry Repair Shop
JRS Jewelry Repair Shop claims to pay the most cash for gold, diamonds, and silver.
Here, you can confidently sell your precious metals, knowing that you will get the best prices and services. They claim to offer the best prices in the city and ensure an easy and convenient process.
The business also features many watches, jewelry, and precious metals that you can buy. Additionally, as their name suggests, you can bring your old jewelry for repair. If it does not work out, then you can simply sell it to them and turn up a profit.
Furthermore, this store offers cash on the spot if you have any concerns that you might not get paid. Honestly and integrity are a few values the store runs on.
Along with a great experience in buying or selling precious metals, they will also offer you free appraisals with no obligation to sell.
If you want a fair and just assessment of your products and precious metals, then JRS Jewelry Repair Shop is the place to go.
Phone Number: (414) 259-6050
Address: 7239 W. Greenfield Ave. West Allis WI 53214
Website: http://jrsbuygold.com/
Frequently Asked Questions
Q1: How Much Do Gold Dealers Charge In Milwaukee, WI?
There is no fixed rate you can expect when it comes to dealer charges, as in the city of Milwaukee; dealers will actively change their rates according to the spot price of gold and the bullion you buy.
Depending on the amount you purchase, you can expect more than 5% at a minimum and most 12%, but these rates can easily fluctuate.
To ensure a lack of issues, I recommend bringing extra cash to be safe.
Q2: Are There Taxes On Purchasing Gold & Silver In Milwaukee, WI?
If you are planning to buy precious metals in this city, you will need to be ready for some state tax. Wisconsin has imposed a flat tax of 5% on all precious metal sales, including gold and silver.
Adding in local taxes, you can easily see that this rate may jump over 5.6%. You should account for this if you are actively going to purchase in the city and plan accordingly.
Q3: Can You Invest In A Gold IRA In Milwaukee, WI?
There is no reason why you cannot invest in a gold IRA in Milwaukee. Most people will actively recommend that you get yourself a gold IRA.
There are plenty of perks that come with gold IRA, which you can take advantage of, and there are quite a few drawbacks that you need to be aware of.
Higher tax rates are more often accompanied by higher returns which means that, in the end, this service is in your interest.
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
By the end of this article, you should have all the proper information that you need to ensure that you can find a quality precious metal dealer in Milwaukee.
Make certain that you check all of the factors mentioned throughout the article if none of the ones mentioned above take your fancy.
Otherwise, you can visit one of the shops mentioned above. That way, you can decide whether they are a good fit for you.
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.
