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Purchasing precious metals, such as gold, is an excellent choice, and the decision should never be second-guessed. When dealing with previous metals in the United States, there are so many options that a person often makes the wrong decision.
From gold IRAs to gold brokers and pawn shops, there is an endless list of vendors which promise you the world while the reality is a bit different. Today, I will be focusing on Oklahoma, a city in the state of Oklahoma.
You will probably not be surprised to know about the variety of bullion dealers present here, which allow people to buy gold and silver in Oklahoma City.
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.
This article will be getting into the details of the vendors, which have been chosen after careful consideration. If you are a regular reader of this website, then you may already know that proper research has been done before publishing this article.
Where To Purchase Gold & Silver In Oklahoma City, OK
Being the 8th largest city in the United States, the city of Oklahoma is bound to have some fantastic dealers. You are certainly right, and I saved you the time and effort to narrow them down.
1. Gold Buyer OK
Gold Buyers OK, a subsidiary of Dakota Financials was established with one thing in mind: making sure that the city residents could get the best price for gold on the spot without having to mail it over and wait in anticipation. As expected, such activities also result in fraud or scams, which is unacceptable. The business was opened in 2009 and bought all major precious metals, such as gold, silver, and platinum.
Dealing with Gold Buyers OK is a delight, as user ratings show. It not only offers free appraisals but also gives you the best price for your bullion. The shop assures potential clients of proper security measures being taken. It even has a referral program for people who send new clients to the shop!
Phone Number: (405) 943-2800
Address: 3001 NW 39th Expy, Oklahoma City, OK
2. Coin & Gold Exchange
Although there is not a lot of known history about this dealer, it did deserve a spot on this list due to people leaving glowing reviews for it. Even when you look at the Coin & Gold Exchange’s website, the only thing that can be seen is that it has more than 25 years of experience. The gold industry certainly had a big impact during this time, and it can be relied upon if this exchange was present.
You certainly will not be disappointed when it comes to the services offered by Coin & Gold Exchange. They offer gold, silver, diamonds, and even currency to the residents of Oklahoma City. It has various payment options, which means you don’t have to worry about not having a mode of payment if you like a product. The shop even has an eBay store, which can be checked for recent listings.
Phone Number: (405) 694-6131
Address: 7714 N May Ave, Oklahoma City, OK 73116
APMEX is perhaps one of the biggest companies in the gold and silver industry that I have written on. It is one of the largest precious metal retailers in the United States, and they have an office in Oklahoma City! Although that store serves its purpose of providing customers with information only, it certainly helps alleviate the doubts before investors buy from them online.
When you visit APMEX’s website, you will be greeted by one professionally built from the ground up. With live spot prices on the top and the ability to buy and sell through the platform, you can make worthwhile investment decisions with this vendor. They also purchase bullion from clients. As the office where payments are processed is the same, Oklahoma residents will probably be able to get a faster clearance of their mail-in checks, allowing for quicker order processing.
Phone Number: (405) 595-2100
Address: 226 Dean A McGee Ave, Oklahoma City, OK 73102
4. Extra Cash Gold & Loan
Coming in fourth place is another reliable dealer present in Oklahoma. Extra Cash Gold & Loan has been around since 1996 and, unlike APMEX, has three brick-and-mortar stores. What this means is that you can buy something you like, without relying on pictures present on the internet. This ensures a satisfaction level that an online purchase can never fulfill.
Extra Cash Gold & Loan is proud of its fantastic customer service. This is similar to what can be seen when looking at customer reviews. So, the dealer’s claims are valid, and they can be trusted. If you want to bring something to sell, whether broken or not, you can take a breath of relief because it will accept anything. Some examples include broken rings, gold dental scrap, and similar items.
Phone Number: 405 751 2000
Address: 2111 W Hefner Rd, Oklahoma City, OK 73120
5. Brown’s Coins & Stamps
Coming in fifth place is a coin vendor that has been around since 1942. Brown’s Coins & Stamps is a fantastic place to go if you have a collection of coins to sell or if you are looking to buy something unique and memorable. They are mainly famous because of their fantastic prices. You will get the gold or silver coin you love without having to break the bank.
When it comes to selling coins, the main thing people look for is a person that can appraise their belongings without any cost and without any pressure to sell. Well, Brown’s Coins & Stamps check both of these boxes. You can get your coin or coin collection appraised without any fee involved. You will certainly be impressed by the quote given to you!
Phone Number: (405) 632-6093
Address: 537 SW 29th St, Oklahoma City, OK 73109
6. OKC Gold Buyers
The final vendor on this list is a gold buyer. OKC Gold Buyers has been around since 2009, and its main purpose was to make sure that people avoided pawn shops, so they could get the best value for their gold and other precious metals. It clearly states on its website that they are honest and professional, and the reviews do indeed reflect that.
You can visit the branch today, and you will leave with a satisfactory outcome. With the best rates on the market and customer service that you simply will not get at a pawn shop. They are also known for giving advice that benefits their clientele and not the business. Now that is something not seen much nowadays. With an easy-to-access location, you can visit OKC Gold Buyers today.
Phone Number: (405) 639-4653
Address: 7390 S Walker Ave, Oklahoma City, OK 73139
Frequently Asked Questions
Q1: How Much Do Gold Dealers Charge In Oklahoma City, OK?
Gold dealers in Oklahoma City typically charge a commission or markup on the price of gold. The premium added on top can vary depending on the dealer, but it is typically between 2% to 5% of the spot price. Some dealers may charge as high as 8% too.
It is important to shop around and compare prices from different dealers in Oklahoma to ensure that you are getting a fair price. It is also important to be aware of any additional fees, such as shipping, handling, or storage fees that may be added to the final cost.
Q2: Are There Taxes On Purchasing Gold & Silver In Oklahoma City, OK?
Yes, there are taxes on purchasing precious metals in this city. The state sales tax is 4.5%, and the city sales tax is 3.85%. This means that on top of the price you pay for gold or silver, you will also need to pay a total of 8.35% in taxes.
This is the highest sales tax rate in the state of Oklahoma. However, it is important to note that if you purchase gold or silver from a storage company, there is no sales tax. This way, you are not considered to be the owner of the gold or silver at the time of purchase, and therefore, no sales tax is applied.
Q3: Can You Invest In A Gold IRA In Oklahoma City, OK?
A gold IRA is a type of individual retirement account that allows you to hold physical gold and other precious metals as an investment. This provides an alternative to traditional investments such as stocks and bonds.
To answer your question, yes, you can invest in a gold IRA in Oklahoma City. There are many companies available in Oklahoma City that offers gold IRA investment options.
It is important to do your research and find a reputable company that offers gold IRA options that best suit your needs. It should not tie up your savings in fees and such, so be aware.
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 FAQs section answered, you have finally reached the end of this article. If you are looking to deal in precious metals in Oklahoma City, you can now have peace of mind that there are plenty of options available.
The main thing that was needed was to narrow down the names. Now pick a dealer and make your investment portfolio shine! If you are looking to sell, well, that has been covered too. Hopefully, this article was helpful in easing things up for you.