California Gold Dealers

Buying from Californian Gold Dealers

Thanks to the high price of gold and silver buying any amount of precious metals from Californian dealers merits a degree of care, especially when buying from one for the first time.

Try to investigate the dealer’s reputation online, reading reviews either here and other general business review websites, or by looking at a local branch of the BBB such as the Los Angeles BBB. Make enquiries at the California Chamber of Commerce – you may be surprised at the tidbits of information you pick up and you may even get a recommendation for a local gold dealer from a fellow investor. The FTC is a good source for coverage of local precious metals scams and historical cases of wrongdoing and some new investors also search online with the Attorney General, although for many this is overkill!

Finally, when you’ve completed your transaction please add to our California gold dealer reviews, by rating and reviewing your chosen company above.

Are Bullion Sales Taxed in California?

California places a 7.25% sales tax on bullion bars and coins.

There is however an exemption where the total purchase price of an order is above $1500.

California’s state tax laws here, make California a poor choice for small orders, but an excellent choice for buying investment precious metals over this threshold.

Our full list of zero tax states can be found here – where California gold investors will be able to buy and store smaller quantities of gold without this disadvantage, although at such a low threshold it’s probably better to make larger purchases in-state.