Local Silver Gold Dealers St. John's Newfoundland and Labrador

St. John's is a major economic centre of the Maritimes and Atlantic Canada. It was one of the first permanent European settlements in the region. St. John's is known as Newfoundland's capital, but also for its resources in agriculture, mining, forestry agriculture, education and government. 

If you found our website because you are thinking about either buying or selling precious metals in St. John's, 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 St. John's gold bullion or online coin dealer like Kitco Metals Inc. the following precious metal sales tax 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 sales 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 St. John's, throughout Canada, or online via Kitco Metals Inc.

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 sale taxed when either buying or selling them locally in St. John's, 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 St. John's and throughout Canada.

St. John's Newfoundland - 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 St. John's or other Canadian cities.

St. John's Bullion - St. John's Coin Dealers - St. John's Silver - St. John's Gold Dealers

Conveniently for citizens who reside in St. John's, the city is home to a few local bullion dealers. Below we list some of the most reputable St. John's coin shops and St. John's gold bullion dealers with large online review volumes and high ratings.

East Coast Coins and Collectables

East Coast Coins aims to preserve and promote Newfoundland and Labrador's history through selling and buying coins and banknotes. They also specialize in buying silver bars, silver coins, gold bars, gold coins, scrap gold, gold coins and other precious metals.

St. John's, Newfoundland & Labrador 
A1A 3R1, CANADA 

Goldsmith Custom Jewellery, Repair & Sales

This precious metals business produces, repairs and sells custom jewelry to its customers as well as buys bullion and scrap gold-silver for cash.

9 Churchill Square
St. John's, Newfoundland
A1B 2X1

Gold Dealer St. John's - Gold Buyer St. John's - Silver Dealer St. John's - Silver Buyer St. John's

Finding a trusted local coin store in St. John's, Newfoundland 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 St. John's bullion dealers who offer good prices and fair reputable services.

Whether you want to know where to buy gold in St. John's, where to buy silver in St. John's, where to sell gold in St. John's, or where to sell silver in St. John's, our local silver and gold Canadian guide is a good place to begin your research.

Given our online bullion business' economies of scale and that we are a direct Authorized Purchaser of government bullion mint products (not mere retailers, but direct high volume wholesalers) we are often able to offer better prices than competing local precious metal 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 our local St John's bullion dealer page, be sure to also get our 100% Free Guide to Bullion Buying & Selling