Local Silver Gold Dealers in Victoria, BC
Victoria is the capital city of British Columbia and has the mildest climate in the country. It has gardens that bloom all year long and mountain vistas that follow you wherever you go. Known as "The Garden City", Victoria has a population of around 360 000 people.
If you found our website because you are thinking about either buying or selling precious metals in Victoria, it is important to know that within Canada some physical precious metals are sales taxed while some bullion items are fully exempt. When either buying or selling from a local Victoria gold bullion or online coin dealer like Kitco Metals the following laws apply within the nation of Canada.
Canadian Precious Metal Sales Tax Laws
Some of the following italicized excerpts are from the Canada Revenue Agency website:
Gold and platinum bars, coins, ingots, wafers, and rounds with a purity of .995 or more are exempt from taxes (GST & HST). For example items like .9999 fine Canadian Gold bullion bars and Platinum Maple Leaf coins are not sales taxed when either buying or selling them locally in Victoria, throughout Canada, or online to Kitco Metals.
Silver bars, coins, wafers, and rounds with a purity of .999 or more are also exempt from sales tax (GST & HST). For example items like .9999 fine Canadian Silver Maple Leaf Coins are not sales taxed when either buying or selling them locally in Victoria, throughout Canada, or online to Kitco Metals.
Other precious metal items of lesser silver, gold, and platinum purities as well as all palladium and rhodium bullion items are not exempt from GST / HST sales taxes. For example either a 14k gold necklace or sterling silverware flatware sold for scrap would both constitute sales taxable transactions (see section #34) in Victoria and throughout Canada.
Victoria, BC Precious Metal Sales Tax Rates
Canadian bullion buyers and sellers should learn applicable Canadian sales tax information regarding the types of precious metal products they are thinking of buying or selling. Choosing the wrong precious metal products can be sales tax prohibitive and detrimental to an investment’s overall profitability.
If you want to acquire more troy ounces for your currency, we suggest you buy low premium bullion items (made of fine .995+ gold or platinum and .999+ silver) from trusted local or online dealers like Kitco Metals.
Kitco Metals operates one of the world’s largest online silver and gold dealer websites in the world as well as a physical coin shop in downtown Montreal, Canada. Given our economies of scale we are often able to offer better prices than competing local gold dealers in Victoria or other Canadian cities.
Victoria Bullion - Victoria Coin Dealers - Victoria Silver - Victoria Gold Dealers
Conveniently for citizens who reside in Victoria, the city is home to a few local bullion dealers. Below we list some of the most reputable Victoria coin shops and Victoria gold bullion dealers with large online review volumes and high ratings.
Old N'Gold is your number one jewelry destination that also buys and sells precious metals in Victoria, BC. They have been dealing gold and silver bullion since 1998 and will pay top dollar for your gold bars, gold coins, silver coins and silver bars.
706 Fort st. Victoria bc. Canada V8W 1H2
LC Coins is a numismatic brick and mortar shop ran buy professional numismatist Clay Elmquist. He provides honest and reliable consultations and appraisals. LC Coins buys all sorts of precious metals including gold coins, silver coins, scrap metals and gold bullion.
301-1321 Blanshard St
Thank you for reading our guide to local gold and silver buying and selling in Victoria, BC.
Gold Dealer Victoria - Gold Buyer Victoria - Silver Dealer Victoria - Silver Buyer Victoria
Finding a trusted local coin store in Victoria, BC with high ratings coupled with many positive online testimonials is not very easy. We set up this local Canadian gold dealer directory to help people find local Victoria bullion dealers who offer good prices and fair reputable services.
Whether you want to know where to buy gold in Victoria, where to buy silver in Victoria, where to sell gold in Victoria, or where to sell silver in Victoria, our local silver and gold Canadian guide is a good place to begin your research.
Given our bullion business' economies of scale and that we are direct Authorized Purchasers of government bullion mint products (not mere retailers, but direct high volume wholesalers) we are often able to offer better prices than competing local gold dealers in both small and large Canadian cities.
For an overview with more information on other local Canadian bullion dealers, click here.
Before you leave, be sure to also get our 100% FREE Guide to Buying & Selling Bullion.