Phoenix Gold and Silver Dealers Directory
Phoenix boasts a vibrant market for gold and silver dealers, supported by tax-friendly laws and a long history of coin collecting. In fact, Arizona exempts most investment-grade bullion from sales tax, making purchases of gold and silver bars and coins especially attractive. The Valley’s coin clubs and collectors ensure a competitive field of dealers. This directory lists top Phoenix-area bullion and coin dealers, each offering services like bullion and coin sales, meltable jewelry buying, and scrap metal transactions. Below you’ll find a table of contents and brief summaries of each dealer.
Table of Contents
Gold King Bullion
Website: Gold King Bullion
Phoenix’s premier precious-metals buyer with 10 valley-wide locations. Offers spot buying and selling of gold, silver, platinum, coins, and meltable jewelry with fully transparent pricing. Known for live spot quotes and high-tech testing equipment.
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Services: Buys/sells gold bullion, silver coins, scrap gold, and platinum.
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Features: Transparent pricing, XRF testing, certified staff, open 7 days/week.
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Standout: Gold King leads Phoenix gold and silver dealers with breadth, honesty, and valley-wide reach.
Arizona Gold Exchange
Website: Arizona Gold Exchange
Family-owned since 1989 with locations in Phoenix, Scottsdale, and Avondale. Phoenix gold and silver dealer that buys and sells a wide range of bullion and coins, plus scrap gold.
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Inventory: Bars and rounds in gold and silver; Eagles, Maple Leafs, Krugerrands.
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Services: Cash for scrap jewelry; free appraisals; some watch trade-in options.
Scottsdale Bullion & Coin
Website: Scottsdale Bullion & Coin
Specializes in investment-grade coins and bullion with added services for portfolio building. Gold and silver dealers with locations in Scottsdale.
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Products: American Eagles, Maple Leafs, Philharmonics, and bullion bars.
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Services: Personalized guidance, educational content, and gold IRAs.
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Note: Primarily investor-focused.
C & C Coin and Stamp
Website: C & C Coin and Stamp
Phoenix gold and silver dealers established in 1992. Offers sales and purchases of U.S. and world coins, gold bars, and silver rounds.
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Accredited Dealer: PCGS, NGC authorized, BBB A+ rated.
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Services: Appraisals, estate buying, numismatic supplies.
Precious Elements Jewelry & Coin
Website: Precious Elements Jewelry & Coin
Phoenix gold and silver dealers in Chandler. Handles bullion, coins, and jewelry.
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Specialties: Buys gold, silver, platinum bullion; meltable jewelry and flatware.
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Services: In-store quotes, photo submissions, and estate liquidation.
Copper State Coin & Bullion
Website: Copper State Coin & Bullion
Trusted Phoenix gold and silver dealer for over 40 years.
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Inventory: Foreign and U.S. coins, precious metals, rare numismatics.
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Services: Appraisals, buying scrap gold and silver.
American Precious Metals, Inc.
Website: American Precious Metals, Inc.
A longtime Phoenix bullion wholesaler and retailer.
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Inventory: Gold/silver coins and bars, with bulk options available.
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Services: Buys scrap jewelry, pays competitive market rates.
Coin Gallery
Website: Coin Gallery
One of the oldest Phoenix gold and silver dealers for over 40 years, focused on both bullion and collectible coins.
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Inventory: U.S. and world coins, silver rounds, bullion bars.
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Services: Appraisals, consignment, buying scrap metal at live spot.
Conclusion
This guide to Phoenix gold and silver dealers offers a comprehensive look at trusted local businesses for bullion and coin transactions. Arizona’s tax-friendly bullion laws and deep collector roots make it a prime market for both buyers and sellers. Whether you’re looking for investment-grade gold, collectible silver coins, or top-dollar offers for meltable jewelry, this list helps you compare and choose wisely.
For reliability, breadth of services, and transparent pricing, Gold King Bullion remains a standout choice. With multiple convenient locations, live pricing tools, and deep local trust, it’s the Valley’s most versatile destination for gold and silver.
Want to Know More?
Read an excerpt of our guide to selling gold in phoenix below, and click here for a link to more information about the gold and silver market in the Grand Canyon State!
Introduction
If you’re ready to sell gold in Phoenix, you’re entering one of the most vibrant precious-metals markets in the Southwest. With international spot prices near record highs, Phoenix offers a competitive landscape of buyers—from seasoned bullion dealers to local jewelry shops—all vying for your gold coins, bars, and jewelry. But obtaining the best rate involves more than just walking in and asking, “How much?” It requires market insight, preparation, and savvy negotiation.
In this comprehensive guide, you’ll discover:
- The essentials of the sell gold in Phoenix process
- Market dynamics unique to Arizona’s capital
- How purity, weight, and timing affect your payout
- Proven strategies to maximize your return
- The top venues in the Valley of the Sun
- Advanced tips on leveraging global trends
- A real-world case study
- Crucial tax considerations
Whether you hold 24K bullion bars or heirloom jewelry, by the end of this article you’ll be equipped to turn your gold into cash—and get top dollar doing it.
Phoenix Sell Gold Basics
Before you sell gold in Phoenix, let’s cover the basic steps:
- Verify Purity and Weight
Identify the karat (e.g., 14K, 18K, 24K) and use a calibrated scale to measure weight in troy ounces. Purity and precise weight form the backbone of your offer. - Monitor Live Spot Prices
Gold trades globally. Check real-time rates on Kitco’s gold chart or reference the London Bullion Market Association for market benchmarks. - Gather Multiple Quotes
Contact at least three reputable buyers. Competing offers pressure dealers to give you their best rate. - Inspect Buyer Credentials
Ensure the buyer is licensed, bonded, and transparent about fees. Inspect online reviews to confirm a solid reputation. - Schedule In-Person Appraisals
Though mail-in services exist, on-site appraisals let you see scales and certificates firsthand, reducing risk and often improving your net proceeds.
By following these foundational steps, you’ll set the stage for a lucrative and stress-free gold sale in Phoenix.
Understanding Phoenix’s Gold Market
Arizona’s capital presents a unique ecosystem for precious metals:
- High Local Demand
Phoenix’s strong economy and large retiree community fuel steady gold buying. Demand peaks around tax season when sellers seek extra cash. - Diverse Buyer Landscape
From specialized bullion dealers to pawn shops and jewelry stores, options abound. Each sector offers different premiums based on inventory needs and overhead. - Regulatory Oversight
Arizona requires dealers to maintain transaction records and verify seller identities, promoting transparency and reducing fraudulent activity. - Economic Indicators
Interest rate decisions by the Federal Reserve, inflation data, and geopolitical events can all trigger price spikes. Staying informed helps you choose the ideal moment to sell gold in Phoenix.
Being aware of these local and global factors empowers you to navigate offers confidently and secure a premium for your gold.
Key Factors That Determine Your Payout
When you sell gold in Phoenix, these elements will directly affect your bottom-line:
1. Purity (Karat)
- 24K Gold (99.9% pure): Highest demand among bullion buyers.
- 18K and 14K Jewelry: Melt value only; design and brand premiums do not apply.
2. Weight and Form
- Bullion Bars & Coins: Standard sizes (1 oz, 10 g) command spot-based pricing.
- Scrap Gold: Broken jewelry, thimbles, or dental gold may incur refining fees, lowering your net receive.
3. Spot Price
The global benchmark for gold at any moment.
Pro Tip: Track the spot price chart closely and sell when it peaks.
4. Dealer Premiums & Fees
Each buyer sets its own margins. Some may deduct “processing” or “refining” fees.
Always request a breakdown of deductions before finalizing your sale.
5. Market Competition
More buyers actively purchasing higher volumes means a competitive edge for sellers.
Big events, such as local coin expos, temporarily boost competition—plan to sell during these windows.
By mastering these factors, you’ll maximize how much you sell gold in Phoenix for, ensuring no hidden fees or surprises diminish your return.
Preparing Your Gold for Sale
Preparation can improve both the speed and value of your transaction:
- Organize by Purity
Group items by karat. Separate 24K coins from 14K scrap to streamline appraisal. - Clean Gently (If Needed)
Use warm water and mild soap—avoid harsh chemicals that strip weight or damage surfaces. Never polish high-karat bars; dealers prefer original condition. - Gather Documentation
Collect certificates of authenticity for numismatic coins and original purchase receipts for jewelry. Documentation can enhance trust and may warrant a small premium. - Photograph Your Items
Clear photos help remote dealers provide preliminary quotes. Include close-ups of hallmark stamps or serial numbers. - Check Identification Requirements
Arizona law mandates valid government ID (driver’s license or passport). Have it ready to avoid delays.
A little upfront work ensures a fast, transparent appraisal process, positioning you to sell gold in Phoenix quickly and profitably.
Top Strategies to Sell Gold in Phoenix
Follow these expert approaches for a winning sale:
A. Leverage Competitive Quotes
Reach out to three to five dealers for estimates. Use the highest bid as leverage to negotiate others up.
“I received $1,915 per ounce—can you match or beat that?”
B. Time Around Market Events
- Federal Reserve Announcements: Rate cuts tend to boost gold prices.
- Inflation Reports: Surging inflation often triggers safe-haven buying.
Plan your sale within 48 hours of expected data releases for optimal rates.
C. Bundle for Volume Discounts
If you have multiple items, sell them together in bulk. Dealers often give slightly higher per-ounce rates for larger lots.
D. Consider Numismatic Value
Rare or collectible coins can exceed melt value. Consult a certified numismatist before selling generic bullion.
A 1907 $20 Saint-Gaudens Double Eagle may fetch a rare-coin premium—sometimes 10–20% above spot.
E. Negotiate Transparent Fees
Ask each dealer:
- “What are your gross buy and sell spreads?”
- “Do you charge refining or processing fees?”
Securing a flat-fee structure can save you hundreds of dollars on large lots.
Best Venues to Sell Gold in Phoenix
Selecting the right buyer impacts speed, convenience, and price:
1. Bullion Dealers
Gold King Bullion boasts live spot-price feeds at all ten Arizona locations. Transparent scales and instant payouts make selling gold in Phoenix seamless. Visit their 10 Locations page to find the nearest branch.
2. Coin & Numismatic Shops
Ideal for rare pieces. Expect appraisals based on rarity, condition, and collector demand rather than pure melt value.
3. Jewelry Stores
Some retailers purchase high-karat wedding bands and designer pieces. Rates may lag behind bullion dealers but can be convenient if you’re nearby.
4. Pawn Shops
Offer fast cash but generally at lower per-ounce rates. Best for urgent needs, not maximum payout.
5. Online Bullion Buyers
Mail-in services provide convenience but include shipping and insurance costs. Unless you have no local options, in-person selling often yields higher net proceeds.
Evaluating Offers and Hidden Fees
A transparent quotation should include:
- Gross Bid (per troy ounce)
- All Deductible Fees (refining, assay, shipping)
- Net Payout Calculation
| Dealer Type | Typical Spread Over Spot | Common Fees | Net Rate Range (per oz) |
|---|---|---|---|
| Bullion Dealers | 1–2% | None or minimal | 98–99% of spot |
| Pawn Shops | 3–5% | Transaction fee | 94–97% of spot |
| Jewelry Stores | 5–8% | Melting and reshaping | 92–96% of spot |
| Online Buyers | 2–4% | Shipping & insurance | 95–98% of spot |
Always request an itemized breakdown. Even a 1% undisclosed fee on a 10-ounce lot at $2,000/oz equals $200 in hidden costs.
Advanced Tips: Timing & Market Trends
Seasoned sellers use data to lock in peak prices:
- Watch the U.S. Dollar Index: Gold often inversely correlates with a strong dollar.
- Follow Geopolitical News: Crises in Europe or Asia can spark price surges.
- Use Technical Analysis: Identify support and resistance levels on price charts—sell near resistance for maximum gain.
By pairing these advanced strategies with local market knowledge, you can precisely time your decision to sell gold in Phoenix.
How Gold King Bullion Helps You Sell Gold in Phoenix
At Gold King Bullion, we combine cutting-edge technology with local expertise:
- Live Spot-Price Displays: Real-time rates ensure you know exactly what you’ll receive.
- Zero Hidden Fees: Our transparent fee structure is published on the Buy/Sell Prices page—no surprises at payout.
- Fast, Secure Transactions: We prioritize safety; your funds are verified and transferred instantly.
- Premium Customer Service: From appraisal to check, our friendly staff guides you at every step.
- Comprehensive Product Range: Browse our collection of coins, bars, and jewelry anytime on our shop.
With a decade of service and ten valley-wide locations, we’re Arizona’s trusted partner to sell gold in Phoenix—and beyond.
Case Study: One Seller’s Journey
Background: Maria from Tempe inherited a collection of 14K jewelry and a few 1 oz gold coins. Unsure of their worth, she considered multiple options.
- Initial Step: Maria checked spot prices on Investopedia’s gold guide to understand baseline values.
- Quote Gathering: She visited two local pawn shops and a bullion dealer, receiving offers ranging from 92% to 98% of spot.
- Negotiation: Armed with the highest bid, she visited Gold King Bullion. They matched the top offer and waived processing fees.
- Result: By selling her 8 oz of mixed gold assets at 98.5% of spot, Maria netted $15,700—approximately $800 more than her next-best quote.
Maria’s story illustrates the power of research, multiple quotes, and choosing a reputable dealer when you sell gold in Phoenix.
Tax Implications of Selling Gold in Arizona
Understanding taxation ensures you keep more of your proceeds:
- Capital Gains Tax: If you sell for more than your original purchase price, the profit is subject to short- or long-term capital gains.
- Reporting Requirements: The IRS requires reporting sales of precious metals on Schedule D if gains exceed $200.
- State Taxes: Arizona does not impose additional state capital gains tax on precious metals, simplifying your filing.
Consult a certified tax professional or reference the IRS Precious Metals Valuation Guide for tailored advice before finalizing your transaction.