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Precious Metals Dealers in Indiana

0 dealers across 0 cities in Indiana. Every listing links directly to the dealer's website.

Market Overview

Indiana's precious metals market anchors in the Indianapolis metro, with meaningful dealer activity in Fort Wayne, Evansville, South Bend, and the Bloomington-Columbus corridor. Indiana sits at the intersection of several regional coin show circuits, and the annual Central States Numismatic Society convention — one of the largest shows in the country — draws Indiana dealers and collectors into a market that behaves like it belongs to a larger state. The manufacturing base across the state produced multigenerational family wealth that regularly surfaces as estate gold and silver, and Indianapolis in particular supports a professional dealer community with enough depth that a seller can meaningfully compare offers.

Common Scams Reported in Indiana

Indiana regulates 'valuable metal dealers' under Ind. Code 25-37.5, and the definition is broad enough to catch scrap and junk operators alongside anyone else purchasing valuable metal for resale — but the operational profile in the statute is scrap-oriented, not coin-oriented. Section 25-37.5-1-2 requires the dealer to record the seller's name, address, age, driver's license or Social Security number, verified against a government photo ID, plus a photograph of both the seller and the item, plus the license plate of the vehicle delivering the material. Section 25-37.5-1-4 then requires the dealer to hold each purchase separate and apart, without changing its form, for at least five working days so that a law enforcement officer can inspect it. That combination — photograph plus five-day inspection window — is designed to make stolen scrap difficult to move quickly. The pattern to watch for is a dealer offering to take an estate lot in cash without ID or photograph and to process it immediately; that is a statutory violation, and it is also the setup for the buyer to underpay a seller who does not have another opinion in hand. Section 25-37.5-1-7 makes the failure to comply enforceable against the seller as well as the dealer.

Indiana Sales Tax on Precious Metals

Indiana exempts qualifying coins and bullion from state sales tax under Ind. Code § 6-2.5-5-47. The exemption is defined by reference to what qualifies as a permitted investment for an individual retirement account under 26 U.S.C. § 408(m) — a narrower and more precise standard than most states use. Coins and bullion that meet the IRA-permitted-investment test are exempt; items outside that definition, along with jewelry, decorative items, and numismatic coins priced above their metal-content-based IRA-permitted equivalent, generally remain taxable. Storage services for qualifying coins and bullion are also exempt under the same section. Confirm with the dealer whether a specific product meets the IRA-permitted-investment standard before transacting.

Where to Buy in Indiana

Indianapolis supports the deepest in-person market in Indiana, with Fort Wayne, Evansville, and South Bend all sustaining credible dealers. For a significant purchase or sale, comparing two or three quotes is practical and worthwhile. The Central States show is an unusually good price-discovery venue even if you ultimately transact with a local storefront afterward. Online dealers shipping to Indiana are competitive on standard investment bullion, and the sales tax exemption on IRA-qualifying products means the delivered online cost is often close to the local counter price on the same items.

What to Verify Before You Buy in Indiana

Indiana's regulatory framework distinguishes between commercial and retail transactions in ways worth understanding before you sell. Section 25-37.5-1-5 excludes purchases from persons or entities regularly engaged in the business of manufacturing valuable metals or selling valuable metals at retail from the recordkeeping regime, and section 25-37.5-1-10 further excludes commercial transactions between certain licensed automotive salvage and scrap-processing entities. That means an established coin and bullion dealer buying inventory from another established dealer is inside a different compliance conversation than an individual walking in with an inherited collection. When you sell as an individual, the recordkeeping obligations apply and the dealer will need your ID, photograph, and signature on the state form; a dealer who waives any of that is skipping a statutory duty. Municipal licensing adds another layer — many Indiana cities (including Indianapolis and Bloomington) impose local licensing requirements on top of state law, so ask which municipal license the dealer holds and whether the address you are standing at is the licensed premises. For numismatic purchases, confirm grading comes from PCGS or NGC; for bullion, get written pricing relative to current spot.

Online Coin & Bullion Dealers

Ship to every address in Indiana with insured delivery.

Featured Dealers

McAlvany Precious Metals

Featured

Precious metals advisory firm established in 1972 by Don McAlvany, now led by CEO David McAlvany. Over $3 billion in client precious metals purchases over five decades. Offers gold, silver, platinum, and palladium coins and bars, precious metals IRAs, and ratio trading strategies.

BBBA+
mcalvany.com/metals →
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Vaulted

Featured

Digital precious metals platform operated by McAlvany Financial Group, a Durango, CO-based precious metals firm established in 1972. Allows users to buy and sell physical gold and silver through a mobile app or website with fractional purchasing starting at $10.

BBBA+
vaulted.com →
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JM Bullion

Featured

Dallas-based online precious metals dealer established in 2011. Offers gold, silver, platinum, and palladium in coins, bars, and rounds. Posts premiums on all products with payment-method pricing clearly displayed. Free insured shipping on orders over $199.

BBBA+★4.7 Google
jmbullion.com →
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APMEX

Featured

Oklahoma City-based online precious metals retailer operating since 2000. Carries a large online inventory of gold, silver, platinum, and palladium products, including certified numismatic coins. Posts pricing for all products by payment method. Free shipping on orders over $199.

BBBA+★4.7 Google
apmex.com →
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SD Bullion

Featured

North Dakota-based online dealer founded in 2012. Focuses on low premiums and has executed over $5 billion in total sales. Offers gold, silver, platinum, and palladium in coins, bars, and rounds. Free insured shipping on orders over $199. Maintains a buyback program for sellers.

BBBA+★4.8 Google
sdbullion.com →
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Monument Metals

Featured

Maryland-based online precious metals dealer founded in 2014. Carries specialty and limited-edition releases alongside standard bullion products. Posts premiums on all products. Free shipping on orders over $199. Maintains a buyback program. Accepts multiple payment methods including cryptocurrency.

BBBA+★4.9 Google
monumentmetals.com →
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Hero Bullion

Featured

Texas-based online precious metals dealer founded in 2017. Operates with a curated product catalog rather than an exhaustive inventory, focused on popular gold and silver bullion coins, bars, and rounds. Free insured shipping on orders over $149. No phone solicitation — email support only.

BBBA+★4.9 Google
herobullion.com →
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BGASC (Buy Gold and Silver Coins)

Featured

California-based online precious metals dealer. Offers gold, silver, and platinum bullion products along with PCGS and NGC certified numismatic coins. Free shipping on orders over $199 with no order minimum. No phone solicitation. All shipments are insured and discreetly packaged.

BBBA+★4.8 Google
bgasc.com →
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Money Metals Exchange

Featured

Idaho-based precious metals dealer founded in 2010. Offers a monthly savings plan that allows buyers to accumulate metals in small increments through automatic purchases. Carries gold, silver, platinum, and palladium products. Operates a buyback program.

BBBA+★4.8 Google
moneymetals.com →
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Bullion Exchanges

Featured

New York City-based dealer founded in 2012 with both an online store and a retail location in Manhattan’s Diamond District. Offers gold, silver, platinum, palladium, and certified numismatic coins. Operates a rewards program for repeat buyers. In-person transactions available at the NYC storefront.

BBBA+★4.7 Google
bullionexchanges.com →
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Provident Metals

Featured

Dallas-based online precious metals retailer. Offers domestic and international bullion products including coins, bars, and rounds from government and private mints worldwide. Free shipping on orders over $199.

BBBA+★4.5 Google
providentmetals.com →
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Scottsdale Mint

Featured

US private mint based in Arizona and Wyoming that designs, manufactures, and sells its own gold and silver bullion products. Known for distinctive stackable bar designs and collector-oriented rounds. Also produces bullion for governments and banks. Free shipping on orders over $199.

BBBA+★4.6 Google
scottsdalemint.com →
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Silver.com

Featured

Dallas-based online precious metals dealer. Offers gold, silver, platinum, and palladium products. Free insured shipping on orders over $199. Provides live chat, phone, and email customer support.

BBBA+★4.6 Google
silver.com →
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Bold Precious Metals

Featured

Austin-based online precious metals dealer founded in 2017. Focuses on building direct relationships with mints and distributors. Offers gold and silver bullion products with posted premiums.

BBBA+★4.8 Google
boldpreciousmetals.com →
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All Dealers

Bullion.com

Online precious metals dealer offering gold, silver, platinum, and palladium in coins, bars, and rounds. Features a competitor price comparison tool on the website.

bullion.com →
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Liberty Coin

Huntington Beach-based coin dealer established in 1964. Offers both bullion and numismatic products online. Carries gold, silver, platinum, and palladium coins, bars, and rounds alongside collectible and certified coins.

★3.9 Google
libertycoin.com →
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