One of the things we do as precious metal stackers is continuously search for the best deal we can get when exchanging our currency for gold and silver bullion. We are buying metals frequently – at least once a month regardless of what the price action is doing, and we typically have go-to dealers we use time and time again.
We use eBay A lot – Almost exclusively
eBay, which is one of the largest online marketplaces in the world, has a huge selection of precious metals from sellers you can trust. However, with so many sellers and products available, it can be difficult to know where to begin. We have done a lot of work over the years to source out the best quality dealers and make them a regular part of our personal buying strategy.
We’ve handpicked the top-rated bullion dealers with eBay stores and curated a list of them for you to explore, taking a bit of the legwork out of the process for you. Our team at HT Bullion Shops chooses vendors based on how well they can meet the needs of savers and investors who want to use physical gold and silver to protect their wealth and buying power. In this article, we will highlight a few of them, and stay tuned for a follow-up piece where we will do an extensive run-down on our top ten and more.
On eBay’s list of the best bullion dealers, you’ll find big names like APMEX and SD Bullion, but you’ll also find some less well-known dealers that have proven to be very reliable and always have low prices. All of these dealers have thousands of positive ratings from happy customers, so you can buy from them with peace of mind.
Why buy bullion on eBay?
- eBay has a broad assortment of bullion at highly competitive prices and no hidden costs. Credit card payments are free, and delivery fees are displayed upfront.
- Quick delivery: The eBay sellers we suggest offer a large inventory that ships within 3 days.
- eBay Buyer Protection: eBay bullion purchases are safe. eBay Buyer Protection covers your bullion purchase price and postage if you don’t receive it or it’s not as advertised.
Who should I buy from?
This is where we come in to help. There are many great sellers on eBay and we only talk about the best from our own personal experience with them. These are some basic suggestions and after that follow our specific recommendations
- eBay Top-Rated Sellers: These merchants have a history of high customer Feedback, fast shipment, and great service.
- Review the seller’s feedback score: If a seller has a less-than-perfect Feedback score you should do some extra due diligence before buying.
- Check the item location: The US is a big place and Items that are shipped to you from outside your region can take up to 5 more days to arrive.
Our Top Recommendations – Price, Service, Selection
EPN SPONSORED
Liberty Coin
Liberty CoinLiberty Coin is one of our top recommendations. Since 1965, Liberty Coin has been offering an extensive inventory of precious metal bullion, collectible coins, and US Mint products. They cater to all types of buyers, from seasoned collectors to first-time investors. With 100% positive feedback, you can trust Liberty Coin to deliver quality products and exceptional customer service. They are based on the US West Coast and ship extremely fast. Pro tip: if you are west of the Mississippi river you will get your oder the fastest by using Liberty Coin.
EPN SPONSORED
Bullion Exchanges
Another top-rated dealer on our list is Bullion Exchanges, an eBay member since 2013. Bullion Exchanges boasts 99.8% positive feedback and offers a vast selection of gold and silver bullion products. They sell huge volumes of the most popular gold, silver, and platinum bullion products and pass the savings along to thier valued customers. They always feature discounts for volume purchases. They also provide expert advice on investing in precious metals, making them an excellent choice for beginners and seasoned investors alike.
EPN SPONSORED
Coin Exchange NY
Coin Exchange NY is our go-to source for Pre-’64 Constitutional Silver Coins. They have been selling on eBay for nearly 20 years and have a stellar reputation for service and great pricing. If you need small or large quantities of US silver dimes, quarters, halves or even BU silver dollars Coin Exchange NY has you covered.
Outside of Ebay
SPONSORED
In 2011, two doctors started a highly popular Gold and Silver news website with one dream: To educate the masses on the value of hard assets and preparation. The rapid success of that website gave way to the launch of SDBullion.com in March of 2012. All sales were completed via telephone with the motto, “Nothing Fancy. Just a Telephone and Low Prices.”
Since then, SD Bullion has executed more than $2 Billion in sales and hit Inc. Magazines list of 500 Fastest Growing Companies in the United States twice. We did all this while staying true to our original mission of offering the absolute lowest prices on gold bullion and silver bullion in the industry, guaranteed.
SPONSORED
Stefan Gleason founded Money Metals Exchange in 2010 to provide an alternative to national advertisers who mark up the prices of “rare,” collectible, and numismatic coins to 50% or more above their actual melt value. Money Metals Exchange believes that the average investor should only purchase precious metals priced near their actual melt value, and that the rare coin market is only suitable for experienced collectors.
Gleason is also involved in marketing, publishing, real estate holding companies, and legislative projects related to sound money and the precious metals industry. He has a BA degree in Political Science from the University of Florida and previously served as Vice President of the National Right to Work Legal Defense Foundation.
Gleason has appeared on national television shows and networks such as CNN, CNBC, Fox News, Christian Broadcasting Network, and C-SPAN’s Washington Journal, and has been interviewed on national radio shows such as the Lars Larson Show, Michael Reagan Show, G. Gordon Liddy Show, and Ken Hamblin Show. His analysis and commentary have appeared in numerous national, state, and local newspapers, wire services, and internet sites.
Taxes
But finding the best deal on eBay doesn’t just stop at choosing a reputable seller. You can save even more by taking advantage of some tips and tricks we’ve learned over the years. For example, purchasing bullion in quantity can help you avoid state taxes in many states. Transactions above a certain threshold are considered money exchanges and are therefore exempt from tax.
Many states exempt bullion purchases of greater than $1,000 or $1,500. Transactions above the threshold are considered as money exchanges and are therefore free of tax. State bullion taxes can eat into your purchasing power so avoid them by buying more if you don’t live in a tax-free state.
States, where gold and silver bullion can be shipped to Tax-Free, are: AL, AK, AZ, CO, DE, FL, GA, ID, IL, IA, KS, LA, MI, MO, MT, NE, NV, NC, OK, OR, PA, RI, SC, SD, TX, UT, WA, WV, WY
States, where gold and silver bullion transactions over $1,000 are Tax Free, are: CT, MD, MA, NY, VA
States, where gold and silver bullion transactions over $1,500 are Tax-Free, are: CA
States and territories, where all gold and silver bullion transactions taxed regardless of size are: AK, DC, HI, KY, ME, MN, MS, NJ, OH, TN, VT, WI
For complete details please consult your state’s specific laws on the taxation of gold and silver bullion.
Shipping
You can save even more money by buying from sellers and auctions that offer free shipping. Our top-rated eBay dealers all offer some level of free shipping, so be sure to take advantage of that when making a purchase.
Go Shopping
We strongly believe saving and investing in gold or silver bullion can be a wise choice for those looking to diversify their portfolios and preserve their wealth. But finding the right dealer and the best deal can be a challenge. We do our bit to make it easier for you. Our curated list of top-rated eBay dealers and products will start you on the journey but always do your own research to find the perfect match for your needs.