One of the thirteen original colonies, Delaware was the first state to ratify the U.S. Constitution. Today, it is among the wealthiest states in the country, owing in great part to its business-friendly tax policies.
More than half of all publicly traded companies in the U.S. – and 63% of the Fortune 500 – are incorporated here. Investors benefit from these policies, which include tax-free sales of precious metal bullion.
This makes Delaware one of the best places to buy gold and silver in the country. Delaware is home to several of the nation’s most renowned coin dealers.
Bullion Sales Tax in Delaware
Delaware is known for its business-friendly tax laws. Gold and silver investors also reap the benefits of these tax laws. Delaware is one of only a handful of states without a sales tax. No sales taxes are charged for any bullion or coin purchases of any kind. Whether you are purchasing paper currency, coins, or precious metals, you will not pay tax in Delaware, making this one of the best states in the country for investing in gold and silver.
JM Bullion, being an out of state retailer, does NOT have to charge sales tax to Delaware residents. Browse our selection of tax-free gold and silver products. Please note that we are not tax experts, and individuals may be liable to pay local Use tax.
Local Gold and Silver Dealers in DE
Below is a list of local precious metals dealers in Delaware, including directions to each local shop.
First State Coin Company
First State is known for reasonable prices, whether you are buying or selling. The shop offers coins, precious metals, jewelry, and sports cards. Their high level of customer service draws buyers from across the state.
First State is the only U.S. Mint authorized dealer located in Delaware. They do not offer online sales; visit their showroom to browse the large selection of US and foreign coins and currency, from rare historical coins to modern commemoratives. They also purchase coins and precious metal scrap from individuals.
53 Greentree Drive
Dover, DE 19904
Dutch Country Auctions
Also known as The Stamp Center, Dutch Country Auctions was founded in the 1950s. In addition to stamps and collectibles, they carry an extensive array of coins and coin collecting supplies. They also purchase and consign such items from individuals.
Their coins include gold and silver bullion, mint and proof sets, and commemorative issues. They guarantee the authenticity of everything sold here.
The Stamp Center holds regular online auctions of rare coins and stamps, and also offers an online storefront where a portion of their inventory – primarily coin and stamp collecting supplies, rather than the coins themselves – may be purchased.
4115 Concord Pike
Wilmington DE 19803
5G Gold & Silver
Over its three-decade history, 5G Gold & Silver has established itself as one of the premier precious metal dealers in Delaware. Today, 5G has five retail locations, and remains family-run.
5G is particularly well-known for offering some of the highest prices to investors looking to sell their gold and silver bullion, jewelry, coins, and scrap.
When selling your gold to 5G, they offer a 110% price match guarantee. All sales are done by appointment only, and include gold bullion such as American Eagles, silver bullion including bars and rounds, and U.S. silver coins.
7193 Lancaster Pike
Hockessin, DE 19707
Diamond State Coins & Currency
Diamond State Coins & Currency deals in all types of U.S. and foreign coins and paper currency, along with scrap gold jewelry and other forms of precious metals.
Their staff members are both knowledgeable and patient, willing to take the time to explain the finer nuances of coin collecting to new collectors or discuss the precious metal market with more experienced investors.
Their current buy prices are clearly listed on their website for most of the gold and silver products they purchase.
1707 Marsh Road
Wilmington, DE 19810
Coin Gallery of Delaware
Coin Gallery, located in Wilmington, is a small local coin shop catering to collectors of rare or historical coins. Though they have little internet presence, this shop is renowned in the local area for their selection of high-quality coins. If you are looking for something unusual to add to your coin collection, Coin Gallery can help you find it. In addition to their local shop, Coin Gallery also maintains an eBay store with a small selection of rare coins available for sale.
3650 Silverside Rd.
Wilmington, DE 19803
Atlantic Precious Metals
Rather than a traditional coin shop, APM caters to clients investing in precious metals for retirement purposes. They do not offer any rare or historical coins. Instead, they carry only investment-grade physical precious metals such as silver and gold bars, coins, and rounds.
Atlantic Precious Metals offers individual consultations and is ready to assist all investors, whether you are making your very first precious metal purchase or are already an experienced buyer. APM can also set up your precious metal IRA and suggest particular bullion products. APM offers to match the prices found through competing dealers.
Local Gold and Silver Mints in Delaware
Also browse the gold and silver mints local to Delaware. Some of these mints offer retail products, while others are wholesale only.
Delmarva Mint is a both a precious metal retailer and mint. Their site carries Delmarva Mint products, along with bullion from other private mints. Delmarva Mint tends to produce small bars, as small as 1 gram in .999 fine silver or gold. Their options include gold and silver along with a wide array of other metals such as copper, bronze, and brass. Their most popular designs include the buffalo and state series. They also produce custom 1-gram silver bullion bars, with a minimum purchase of 1000 bars.
Thank you for reading our guide to gold and silver buying in Delaware. If you know of any other coin or bullion shops in DE, please contact us so we can update our directory.