Local Silver Gold Dealers in Toronto, ON, Canada
Toronto is the most populated city the entire country of Canada with over 6 million inhabitants throughout the Greater Toronto Area. Roughly 1 out of every 5 Canadian citizens reside in the Greater Toronto Area.
Widely recognized as one of the most multicultural and cosmopolitan cities in the world. Toronto is an international center of business, finance, culture, and fine arts.
If you found our website because you are thinking about either buying or selling precious metals in Toronto, 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 Toronto 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 Toronto, 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 Toronto, 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 Toronto and throughout Canada.
Toronto, Ontario 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 Toronto or other Canadian cities.
Toronto Bullion - Toronto Coin Dealers - Toronto Silver - Toronto Gold Dealers
Conveniently for citizens who reside in Toronto, the city is home to many local and online bullion dealers. Below we list some of the most reputable Toronto coin shops and Toronto gold bullion dealers with large online review volumes and high ratings.
Ancient Numismatic Enterprise, ANE
2219 Queen Street East
Lower level
Toronto, ON M4E 1E8
Ancient Numismatic Enterprise is family owned operating both a brick and mortar store and online coin business. If you are looking to sell either a single coin or your entire coin collection, ANE buys and sells all types of ancient and medieval coins, silver coins, gold coins, Canadian and foreign coins, mint products, military medals, commemorative medals, tokens and all kinds of paper money.
Arcade Coins
10 King St E
Toronto, ON M5C 1C3
Established in 1962, Arcade’s coin and stamp inventories are some of the most extensive and varied throughout North America. They carry a vast selection of modern and ancient coins, as well as medals and vintage paper money. Arcade also has a vast stamp collection from classics to modern, single stamps and plate blocks to booklets and sheets. Arcade is one of the largest buyers and sellers of silver and gold bullion items including Royal Canadian Mint sets, bullion coin and bars.
Century Stamp Co. Ltd.
1723 Lakeshore Road
West Mississauga, ON L5J 1J4
Four generations of the Hakim family have been trading stamps, coins from all over the world, gold and paper money. Beginning in in a rented mezzanine in a large bookstore in Heliopolis, Egypt in 1946. This family business moved to Canada in 1971 and have been in Mississauga, Ontario ever since. It is reliable and friendly service given to each and every customer, together with integrity and honesty, considered to be the backbone of the Century Stamp business. This is how they have earned the trust of their customers, many of whom have been so for over 25 years.
Metro Coin & Banknote Company Ltd.
722 Annette Street
Toronto, ON M6S 2E2
Metro Coin & Banknote Company Ltd. is Toronto's coin and banknote dealer. They buy and sell coins, banknotes, gold, silver, and collectables. Toronto's estate coin and banknote specialists, they do appraisals by appointment.
The Coin Shop & The Currency Exchange
1100 Burnhamthorpe Road West, Suite 14
Mississauga, Ontario, L5C 4G4
Canada Currency Centre Inc. buys and sells gold and silver as well as virtually every currency on Earth, from Afghani Afghanis to Zambian Kwachas. We also buy outmoded redeemable banknotes and coins, including pre-euro currencies such as Deutsche Marks, Spanish Pesetas, Austrian Schillings, Irish Punt, Belgian Francs, and anything else as long as it's redeemable in the country of origin. They also purport to have Canada's widest selection of foreign numismatic banknotes.
Gold Dealer Toronto - Gold Buyer Toronto - Silver Dealer Toronto - Silver Buyer Toronto
Finding a trusted local coin store in Toronto, Ontario with high ratings coupled with large volumes of positive online customer testimonials is not very easy. We set up this local Canadian gold dealer directory to help people find local Toronto bullion dealers who offer good prices and fair reputable services.
Whether you want to know where to buy gold in Toronto, where to buy silver in Toronto, where to sell gold in Toronto, or where to sell silver in Toronto, 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.
