Local Silver Gold Dealers in Summerside Prince Edward Island, Canada
Summerside is Prince Edward Island's second largest city in the province and has a small population of 15, 000 people.
If you found our website because you are thinking about either buying or selling precious metals in Summerside, it is important to know that within Canada some physical precious metals are sales taxed while some bullion items are fully sales tax exempt.
When either buying or selling from a local Summerside gold bullion or online coin dealer like Kitco Metals the following 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 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 Summerside, 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 Summerside, 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 Summerside and throughout Canada.
Summerside, Prince Edward Island Precious Metal Sales Tax Rates
Canadian bullion buyers and sellers should know the applicable Canadian sales tax information regarding the types of precious metal products they are thinking of buying or selling. Some precious metal products can be sales tax prohibitive and detrimental to overall value and potential 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 Summerside or other Canadian cities.
Summerside Bullion - Summerside Coin Dealers - Summerside Silver - Summerside Gold Dealers
Conveniently for citizens who reside in Summerside, the city is home to a few local bullion dealers. Below we list some of the most reputable Summerside coin shops and Summerside gold bullion dealers with large online review volumes and high ratings.
Jewellery Plus
A brick and mortar business that offers honest appraisals and fair pricing for your precious metals in a confidential and professional fashion. They buy and sell gold, silver and platinum bullion along with coins and jewelry.
246 Water St.
Summerside, PE C1N 1B3
Gold Dealer Summerside - Gold Buyer Summerside - Silver Dealer Summerside - Silver Buyer Summerside
Finding a trusted local coin store in Summerside, PEI with high ratings coupled with large volumes of online positive customer testimonials is not very easy. We set up this local Canadian gold dealer directory to help people find local Summerside bullion dealers who offer good prices and fair reputable services.
Whether you want to know where to buy gold in Summerside, where to buy silver in Summerside, where to sell gold in Summerside, or where to sell silver in Summerside, 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 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 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, be sure to also get our 100% Free Guide to Bullion Buying & Selling
