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Precious Metals Dealers in Rhode Island

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

What to Verify Before You Buy in Rhode Island

Rhode Island runs one of the country's few dedicated precious metals licensing regimes, and it is administered by the Attorney General rather than a business-registration office. Under R.I. Gen. Laws § 6-11.1-1, no person — including pawnbrokers, consignment shops, salvage operators, and secondhand dealers — may buy gold, silver, platinum-group metals, or precious stones from the public for resale without an AG-issued license, and the AG will not license anyone who has not registered a permanent place of business in the state. Before selling an inherited collection, ask two questions: is the buyer AG-licensed, and is this offer based on numismatic value or metal content. The Attorney General's Precious Metals Unit administers licensing and investigates consumer complaints on precious metals sales.

Market Overview

Rhode Island's precious metals market is concentrated in Providence, with smaller presence in Warwick and Newport. The state's compact size means most Rhode Island buyers also reach dealers in nearby Massachusetts and Connecticut. Providence's historic jewelry manufacturing industry built a specialized precious metals trade going back generations, and the city retains a more developed numismatic community than the state's population alone would suggest.

Common Scams Reported in Rhode Island

Rhode Island's licensing statute defines the state's central risk with unusual precision. State regulations provide that a dealer buying coins for numismatic value is exempt from licensing, but that purchasing coins for metal content is a violation — and such buyers are subject to prosecution as unlicensed precious metals dealers. The practical scam follows directly: a shop uses collector-sounding language while paying melt, capturing numismatic value it never priced into the offer, from a seller who does not know the two bases are legally distinct. Insist that a written offer state which basis it is on. Traveling buying events present the same problem from another direction — a permanent registered Rhode Island place of business is a licensing prerequisite, so an operation without one is not licensable.

Where to Buy in Rhode Island

Providence offers the strongest in-person options in Rhode Island. For larger purchases or specialized products, online dealers provide wider selection at competitive premiums. The Boston and Worcester markets are within easy reach for buyers willing to travel, which is worth doing on significant transactions — Rhode Island's dealer base is small enough that meaningful price comparison often means leaving the state.

Rhode Island Sales Tax on Precious Metals

Rhode Island exempts precious metal bullion from sales tax under R.I. Gen. Laws § 44-18-30, on the reasoning that such a purchase is substantially equivalent to a securities or commodities transaction, and separately exempts coins having numismatic or investment value. Bullion is defined by content rather than form, so refined bars sold for metal content qualify. Processed items, jewelry, medals, tokens, and accessories generally remain taxable at the state's 7 percent rate. Confirm with the dealer whether a specific item qualifies.

Online Coin & Bullion Dealers

Ship to every address in Rhode Island 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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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