Buying Gold and Silver in Alaska

AlaskaOne of the most beautiful places in the US, Alaska lies in the northwest most part of North America and is the largest US state. It is also the least densely populated among all the states of the US as it has around 34,000 miles of tidal shorelines. Alaska was purchased for 7.2 million US Dollars by the USA from the Russian Empire on March 30, 1867. Alaska was home to a number of indigenous tribes before the arrival of the Europeans. The capital of Alaska is Juneau and the state is known by several nicknames like "The Last Frontier," "Land of the Midnight Sun," and "Seward's Icebox."

Thousands of miners and settlers poured into Alaska from the early 1890s to early 1910s when gold was discovered in this state and the nearby Yukon Territory. Near the Prudhoe Bay on the Arctic Coast, a large reservoir of oil and gas was also found in 1968 which led to the construction of the Trans-Alaska pipeline in 1977. Major businesses that contribute to the economy of Alaska are fisheries, wood and wood products, fur, as well as tourism.

Alaska has a beautiful landscape with an abundance of shorelines as well as forests. There are many lovely places for tourists to visit like Denali National Park, Glacier Bay National Park, Ketchikan, Mendenhall Glacier, Valdez, Hubbard Glacier, Haines, Homer, Talkeetna, Skagway, Sitka, Northern Lights in Fairbanks, Kenai Fjords National Park, Alaska Highway, Girdwood, Seward, Tracy Arm Fjord, Tongass National Forest, Columbia Glacier, Matanuska Glacier, and many more.

There are also some great places to shop, as well as several local precious metal dealers who have a wide variety of coins, jewelry, antiques, and many other numismatic items that one can buy.

Gold and Silver Dealers in Alaska, by City:

Please check these directory pages to find local precious metals dealers in your city.

Breaking Down Bullion Sales Tax in Alaska

One of the best places in the US to invest in precious metals is Alaska as this state does not charge any sales tax on buying and selling of precious metals. Purchasing of coins, bullion, and any other forms of precious metals is not taxed in Alaska. Although the state has given the choice to the local counties and cities to enact a sales tax, most of them have not done it so far, and there are currently no local use taxes on precious metals purchases in most of the Alaska's counties or cities.

When buying from Bullion Exchanges, the residents of Alaska do not have to pay any sales taxes, as Bullion Exchanges is not based in Alaska. Please take your time to browse through our tax-free gold and silver products. However, please note that there may be a local use tax that an individual might have to pay so it is advisable to check with a tax professional before making a purchase.

Online coin dealers

Online purchasing is the best way to buy coins and bullion. It is comfortable, easy, it saves time and energy, and you can check through several shops in one go to compare their prices and get the best bargain. Bullion Exchanges is a trusted online precious metal dealer which offers you a vast inventory, competitive prices, and prompt service. Below you will find the most popular online coin dealers in Alaska.

  • Alaska Coin Exchange – They offer a wide variety of US and Foreign coins. You can find these coins in all grades and all price ranges at this shop.

Local Precious Metals Companies

Oxford Precious Metals 3406 Artic Blvd Anchorage, AK 99503 Phone: 907-561-5237

This company is the only local gold assayer, refiner, and bullion dealer which has two locations in Alaska, Fairbanks and Anchorage. They are in the service for over 30 years. They sell gold, silver, platinum, and palladium bullion as well as gold and silver coins. They buy scrap gold and also do custom minting. The company is also a leading online gold buyer. Their ethics and professionalism have helped the company become a leading precious metal dealer in Alaska. They are a PCGS and NGC authorized dealer.

Alaska Rare Coins 551 2nd Avenue, Suite B Fairbanks, AK 99701-4728 Phone: 907-452-6461

The company has been in the precious metals business since 1976. Since 1980, over 70 auctions have been conducted by this company which is specialized in bullion trading, rare coins, and Alaska tokens. They also deal with platinum and palladium products. Other services offered by them are appraisals, buying and estate liquidation. They are a PCGS and ANA authorized dealer.

Alaska Coin Exchange 600 West 76th Ave. Unit 305 Anchorage, AK 99518-2566

The company was founded in 1992 by Mike Nourse. Since then, it has grown into a great online bullion seller which offers all varieties of coins ranging from copper coins, nickel coins, gold coins, silver coins, foreign coins, and other numismatic miscellaneous. 

Smelters & Refineries

If you have some gold coins, small bars or jewelry items which you want to convert to other precious metals pieces, Bullion Exchanges offers you high-class gold and silver smelting. Below you will also find renowned precious metal smelters and refiners in Alaska.

Oxford Precious Metals 3406 Artic Blvd. Anchorage, AK 99503 Phone: 907-561-5237
GBA Assaying and Refining Home Office – 303 West Front Street Nome, AK 99762 (907) 764-4367 Anchorage Office – 11000 Old Glenn Hwy Eagle River, AK 99577 (907) 694-7100 Fairbanks Office – 915 30th Avenue, Unit 111 Fairbanks, Alaska 99701 (907) 479-4653