“The Biggest Little City in the World,” Reno, is famous for its metro area and has been a major technology center in the United States.
It has also been known for the many precious dealers you can find due to being the state’s second most populated metropolitan area.
Due to its size, it can be hard to buy gold and silver in Reno. Hopefully, this article can help lower that difficulty.
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!
Now that you know what to expect, I will explain all the various precious metal dealers you can find in the city.
Where To Purchase Gold & Silver In Reno, NV
Buying and selling precious metals should be done very meticulously. Since you are putting your hard-earned savings and hoping to profit, you should be careful where you invest.
There are plenty of scammers who would love to steal your cash. Take a look at these trustworthy firms and learn all about them.
You can decide which company you want to partner with instead of risking your money with a random business.
1. Sierra Coin
The people in Sierra Coin try their best to create a win-win situation with their customers. They excel in making their customers happy and convincing them to return.
This can only happen if you are happy with your deal which is why that is their number one priority. Trading silver everyday and gold almost just as often; they have a large array of products available for you to purchase.
The business is operated based on honesty and integrity by one Larry Demangate, who is practically an expert in this field.
While you may not find many reviews when it comes to this business online, a lot of other review websites endorse this business. Additionally, all the reviews that it does have are mostly positive.
Phone Number: (775) 434-0067
Address: 3100 Mill St Ste 112B Reno, NV 89502
Website: https://goldbuyersreno.com/
2. Grand Gold Coins & Investments
Grand Gold Coins & Investments was established in 1978 and had been proudly serving the people of Reno since. They have a very friendly and knowledgeable staff.
This means that you can rest easy knowing that they have full know-how of all their coin-related products, both foreign and US-made. The business also deals in tokens and medallions if you are interested in those.
Additionally, if you are still unsure about this business, you will be happy to know that they are a member of the American Numismatic Association. Keeping that in mind, you can get yourself a variety of different coins.
This firm is great for you if you are looking to invest in coins. Even if you are not, they have a large variety of bullion products you should see before you decide to check out other businesses.
Phone Number: (775) 329-0621
Address: 2500 E 2nd St Ste 29 Grand Sierra Resort Reno, NV 89595
Website: http://grandgoldcoin.com/
3. DH Ketterling Consulting
By the sound of the name, you would think that this is an establishment you would go to get investment advice. On the contrary, this business offers various services, including buying and selling coins.
Additionally, if you want appraisals, private sealed bid sales, and auction advisory, this consultancy got you covered.
The business started in 2009 and has been run mostly by Don Ketterling, the namesake of the consultancy.
If you have any doubts about their experience with Don, you should know that he is the American Numismatic Association Presidential Award owner.
This should sway you towards this business, and check them out personally. If this does not do so, then maybe you should at least give them a visit and check their wares. This might give you the final push you need to start investing.
Phone Number: (818) 632-2352
Address: 748 S Meadows Pkwy, Suite A9-321, Reno, NV 89521
Website: https://www.dhketterling.com/
4. Northern Nevada Coin
Do you want to purchase certified rare coins? You can get them at 5% off from Northern Nevada Coins.
Besides their certified lineup, you can get your hands on various local and foreign currencies. All of this variety is available in both gold and silver as standard.
Additional products are also included in platinum for those looking to diversify their portfolio. Aside from coins, the business also deals in jewelry and other collectibles.
The PNG, NGC & ANA also authorize this business so you should not have any other issues regarding Northern Nevada Coin.
Phone Number: (775) 828-2646
Address: 1280 E Plumb Ln Ste C Reno, NV 89502
Website: https://northernnevadacoin.com/
5. The Reno Gold Exchange
If you have been looking for a quality firm that also offers military discounts, you should check out the Reno Gold Exchange.
The business has been up and running for over a decade, founded in 2010. It started to give all of its customers a great deal when it comes to precious metals, whether they are coins, jewelry, or diamonds.
The people that work here make sure that they guide their customers through the entire process. They strive hard to earn your business.
I am sure the above information makes this a great place to visit. All of this is so if you are a first-time investor and especially if you have a background in military service.
Phone Number: (775) 996-1895
Address: 6419 S Virginia St Reno, NV 89511
Website: http://www.therenogoldandsilverexchange.com/
6. Sierra Silver & Gold Buyers
Established in 2011, Sierra Silver & Gold Buyers does not have a lot of online presence. This is especially hurting when you find out they do not have a website, at least one I could find.
That being said, the business is family owned and operated. Being highly regarded for honesty and integrity, they offer fair payouts and world-class customer service to all their customers.
What eventually began from humble beginnings eventually grew into this spectacular business. This business deals in all sorts of products and various metals.
They will give you all the time you need to process what is happening and aid you through the entire deal, making this a solid establishment to visit.
Phone Number: (775) 329-4653
Address: 358 N Virginia St Reno, NV 89501
Website: N/A
7. The Palace Jewelry & Loan Company
What started as a tiny gift shop has since developed into a huge business highly rated and appreciated by its customers. The people of The Palace Jewelry & Loan Company have been well-versed in precious metal.
The company was established in 1958, giving it more than 50 years of reputation. They deal in all metals and either buy, loan or trade.
Additionally, they also do so for electronics and other instruments. This makes them a one-stop shop for all of your buying and selling needs. One thing that has not changed since their founding is their belief.
They believe that the customer is the most valuable thing in the store at any given time. This is a great philosophy that has earned them a lot of goodwill.
Phone Number: (775) 322-2863
Address: 300 N Virginia St, Reno, NV, 89501
Website: https://www.thepalacejewelryandloan.com/
Frequently Asked Questions
Q1: How Much Do Gold Dealers Charge In Reno, NV?
Dealer charges are something that most beginner precious metals investors do not know about.
That being said, you should be aware that these charges will change based on the business you are investing with.
Typically, you should expect the dealer charges to be close to 7%. They can be as low as 2% but can even rise to 20% when it comes to premium bullion.
Q2: Are There Taxes On Purchasing Gold & Silver In Reno, NV?
Taxes vary mostly on a state-by-state basis. That means that regardless of your city if you are in a particular state that enforces sales tax, you will have to pay them.
The city of Reno falls in Nevada, which does enforce 6.85% sales tax. You should keep this in mind when investing in precious metals in this city.
Q3: Can You Invest In A Gold IRA In Reno, NV?
Gold IRAs are a solid alternative when it comes to retirement savings. There is no reason why you cannot start a gold IRA in the city of Reno.
Knowing this, you should find yourself a trustworthy company and invest in this venture. Doing so can not only protect your precious metal assets but also net you a lot of profits.
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
There are a lot of different pawn shops in the city of Reno. Not all of them will charge you a fair rate, and not all of them will provide your precious metals at a fair cost.
This is why you need to put in a fair amount of research into finding a quality precious metals firm to get the best price and turn up a profit.
You should be able to find yourself the perfect business now that you have finished reading this article.
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.
