Category: Michigan Bullion & Coin Dealers / Gold Buyers MI
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Scott’s
Read MoreMonroe Coin Exchange
Read MoreThe Coin Shop
Read MoreA.U. Precious Metals
Read MoreMullen Coins
Read MoreGrand Valley Gold & Silver
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Buying Gold and Silver in Michigan
With 20 dealers listed, Michigan offers a diverse range of options for precious metals investors and collectors, from bustling urban centers like Detroit to quieter regions.
The gold and silver market in Michigan is characterized by its variety and accessibility, featuring dealers who cater to every level of buying interest and budget. These dealers offer everything from investment-grade bullion to unique numismatic coins, as detailed in our extensive list of gold dealers in Michigan and Michigan gold buyers.
Buying from Michigan Gold Dealers
In a market as diverse as Michigan’s, buyers are advised to approach their gold and silver investments with careful research and consideration.
Reviewing the reputation of dealers through customer feedback on various platforms, including our site, is essential. The Michigan BBB and the Michigan Chamber of Commerce can also provide insights and may assist in finding reliable local dealers.
After your purchase, please consider contributing to our Michigan gold dealer reviews, sharing your experience with the community.
Are Bullion Sales Taxed in Michigan?
Michigan offers a tax-exempt environment for high-purity bullion transactions.
In Michigan, sales of high-purity bullion are exempt from state sales tax. This exemption applies to transactions involving gold, silver, platinum, and palladium bullion of sufficient purity, making Michigan an attractive state for precious metals investors. However, other types of precious metals that do not meet the high-purity criteria are subject to the standard state sales tax.
For additional information on Michigan’s tax policies for gold and silver sales, it’s recommended to review the state’s official tax guidelines or consult with a tax professional.
IMPORTANT: The above tax details are listed for information purposes only and are believed correct at time of publication. Bullion.Directory are not tax experts. All enquiries about local and state taxes should be addressed to the appropriate local body. Taxes and taxation are subject to change.