Local Silver Gold Dealers in Sherbrooke, Quebec
Sherbrooke is the fourth largest metropolitan area in Quebec and the economic and political centre of its Eastern Townships (Cantons-de-l'Est). It is also the largest concentration of students in Quebec due to its 8 institutions educating over 40,000 students. Sherbrooke is surrounded by mountains and lakes which create an ideal spot for touristic attractions such as skiing and hiking.
If you found our website because you are thinking about either buying or selling precious metals in Sherbrooke, 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 Sherbrooke 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 Sherbrooke, 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 Sherbrooke, 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 Sherbrooke and throughout Canada.
Sherbrooke, Quebec 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 Inc.
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 Sherbrooke, Canada. Given our economies of scale we are often able to offer better prices than competing local gold dealers in Sherbrooke or other Canadian cities.
Sherbrooke Bullion - Sherbrooke Coin Dealers - Sherbrooke Silver - Sherbrooke Gold Dealers
Conveniently for citizens who reside in Sherbrooke, the city is home to at least one local bullion dealer. Below we list one of the most reputable Sherbrooke coin shops and Sherbrooke gold bullion dealers with large online review volumes and high ratings.
Monnaie Sherbrooke
Monnaie Sherbrooke is a numismatic coin shop that sells RCM, silver, gold, platinum, copper coins and banknotes in Sherbrooke, Quebec.
930,13 Ave Nord
Sherbrooke, Quebec J1E 3J7
Canada
Gold Dealer Sherbrooke - Gold Buyer Sherbrooke - Silver Dealer Sherbrooke - Silver Buyer Sherbrooke
Finding a trusted local gold dealer and coin shop in Sherbrooke, Quebec with high ratings coupled with large online volumes of positive customer testimonials is not very easy. We set up this local Canadian gold dealer directory to help people find local Sherbrooke bullion dealers who offer good prices and fair reputable services.
Whether you want to know where to buy gold in Sherbrooke, where to buy silver in Sherbrooke, where to sell gold in Sherbrooke, or where to sell silver in Sherbrooke, 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.
