Buying Gold and Silver in Japan

Flag of Japan Japan is a sovereign island nation in the Eastern Asia. 'Japan' in Kanji means 'Sun Origin' hence the country is often referred as the “Land of the Rising Sun.” Japanese also call their country 'Nippon' which translates to “The Source of Sun.” Japan contributes to about 10% of the world’s economy. It has the third largest economy by nominal GDP and by purchasing power parity, being also the world’s fourth-largest economy. Since its one of the most highly educated countries in the world, Japan’s economy strongly benefits from its highly skilled workforce.  

When it comes to gold and silver, Japan has a well-developed precious metal market and one of the most liquid over-the-counter gold markets. Before 1973, Japan had prohibited free import and export of gold. However, the ban was lifted in 1978 to initiate and sustain private gold trading, which encouraged the Hong Kong, Swiss, and London-based gold dealers to start gold trading in Japan. In 1982, the Tokyo Commodity Exchange was founded. Today, it's one of the largest commodity exchanges in Asia and on the globe and trades a variety of commodity contracts including gold, silver, platinum, and palladium futures contracts.

Commodity & Futures Markets in Japan

Tokyo Commodity Exchange, Inc. (TOCOM)
Tokyo Commodity Exchange is one of the largest commodity futures exchanges in Asia and on the globe. TOCOM was established in November 1984 after the merger of Tokyo Textile Exchange, Tokyo Gold Exchange, and Tokyo Rubber Exchange. The TOCOM uses an electronic trading system through which the investors can trade contracts for gold, silver, platinum, palladium, crude oil, gas oil, gasoline, kerosene, and rubber.

Coins Shows in Japan

Coin collecting is a highly popular hobby prevalent around the world. You can witness the passion for it as more and more coin enthusiasts are traveling to different states and countries to attend famous national and international coin shows. Japan hosts a few great numismatic events which shall be attended by collectors and dealers from all around the globe. If you are planning to visit Japan soon, or if you want to see some coin shows outside the US, take a look at the most popular Japanese coin shows listed below.

Tokyo International Coin Convention (TICC) – Royal Park Hotel Tokyo, Japan

This is one of the biggest coin shows in Japan and is organized by the Japan Numismatic Dealer’s Association. This event is an internationally recognized coin show that is held in cooperation with the Japan Mint and National Printing Bureau of Japan. Dealers and mints from around the world attend this show to display a large selection of precious metals coins, bullion, paper currency, and many more numismatic items.

Government and Private Mints in Japan

The Japan Mint 

In order to modernize the coinage system of Japan, the Meiji Government established the Japan Mint in Osaka on April 4, 1871. Today, the Japan Mint has its head office in Osaka and other two branches in Tokyo and Hiroshima. The Japan Mint played a key role in the development of the modern industry and culture in Japan. The mint produces a large variety of coins for circulation. Today, it mints 6 kinds of regular coins, including the 500 yen nickel-brass coins. Apart from the regular coins, the mint also manufactures commemorative coins upholding the Japanese culture or marking major national events.

International Bullion Depositories in Japan

When investing in precious metals, safeguarding your valuables is a crucial factor. Sensing the difficulty that investors have in storing and safeguarding their bullion investments, many large precious metal companies offer safe and secure storage solutions in different places around the world. Japan is one of the top spots for investors with large holdings who are looking to spread their investments among several countries. There are many international companies which offer precious metals storage in Japan.

Bullion Exchanges in partnership with Malca-Amit and several other gold bullion storage companies offers allocated, pool allocated and unallocated storage in Japan in high-tech, secure vaults with top-notch 24/7 control and surveillance. Just contact us and we will provide you the safest and most convenient way to store your precious metals in Japan.

UltraVault by Malca-Amit, Kobe and Tokyo

This is a brand new international security storage service provided by Malca-Amit. Malca-Amit is a highly prestigious institution when it comes to precious metals logistics. It was founded in 1963 and is one of the most trusted precious metals storage companies. Now it offers bullion storage facilities in Japan as well - one in Tokyo and the other in Kobe. The vaults have state-of-the-art security systems, on-ground armed surveillance, self-contained IT and alarm systems, 24/7 highly skilled controller monitoring, and access control. Insurance coverage for domestic as well as international transportation and storage are also provided. Storage units range from individual safe deposit boxes up to an entire dedicated vault for any customer around the world.

Tax on Precious Metals in Japan

The Sales Tax in Japan is known as the Consumption Tax, and since April 2014, is 8%, but it is expected to rise to 10% in the future. 

Source: www.nta.go.jp/foreign_language/consumption_tax/01.htm#c09

Since we are not tax experts, Bullion Exchanges strongly advises you to cross check with a tax professional before making any precious metals investments in Japan.

Shipping-to rates

In Japan, gold bullion exceeding 1kg or items having a total value over 1 million yen (or their equivalent) must be declared. So, if you are carrying gold bullion (of at least 90% purity) exceeding 1 kilogram, you are required to declare it to the Japenese Customs. Please ask the Customs officer at seaport or airport for the corresponding form. While traveling from Japan, cash or other means of payment exceeding 1 million yen also need to be declared.

Gold Import in Japan  

Local Gold and Silver Dealers in Japan

Upon lifting the ban on free import and export of gold in 1978, there was a huge boom in private gold trading in Japan. Today, it can be considered an ideal example of liberalized gold market. Retail investment in physical bullion gold and silver is quite popular in Japan. So, if you are looking for where to buy and sell gold in Japan, or just want to buy gold in Japan online, take a look at the below list of the country’s top gold and silver dealers:

Kurebayashi Coin Address: 3-13-4 Fujieda, Fujieda-shi, 426-0025 Japan Phone number +81 5-4643-2240 Hours of Operation: 10:00 am - 6:00 pm Services: Retail and Wholesale. Specialties: Gold Coins, 19th Century Silver Coins, 20th Century Coins, Modern Coins, World Coins, Bullion Coins, and Currency.
Authorized Dealer: PCGS
Noguchi Coin Corporation Address: 1-11-17 1st FL. Tenjin, Chuo-ku, Fukuoka City, 810-0001 Japan Phone number +81 9-2406-6281 Services: Retail. Specialties: US Coins, Modern Coins, Gold Coins, Bullion Coins, and World Coins.
Authorized Dealer: PCGS
Coin Palace Address: Dainichidori 7-2-26-301 Chuoku Kobe City, Hyogo, 6510064 Japan Phone number +81 78-262-1151 Hours of Operation: 9:00 to 17:00 Specialties: Gold Coins, Commemoratives, Modern Coins, and World Coins.
Authorized Dealer: PCGS
Academy Co. LTD Address: Nagoya Aichi, Japan Phone number 052-583-1144
Authorized Dealer: PCGS
Retro Coins Corp. Address: 1-44-26 Nakazawa Asahi-ku, Yokohama, Kanagawa, 241-0814 Japan Phone number +81 45-489-3066 Hours of Operation: Mon to Fri 10 am to 6 pm Services: Retail,  Auctions, Wholesale, Appraisals, Newsletter, and Buying and Estate Liquidation. Specialties: World Coins.
Authorized Dealer: PCGS
Royal Coins Co. Address: 5-1-44 Utsukishicaoka, Aoba-Ku, Yokohama, 255-0002 Japan Phone number +81 45-904-4558
Authorized Dealer: PCGS
Ginza Coins Co. Address: Ginza Five, 1 FL, 5-1, Ginza, Chuo - Ku, Tokyo, 104-0061 Japan Phone number +81 3-3573-1960 Hours of Operation: 10:00 am to 7:30 pm Services: 19th Century Silver Coins, Gold Coins, 20th Century Coins, Patterns, Modern Coins, and World Coins. Specialties: Retail, Buying and Estate Liquidation, and Auctions.
Authorized Dealer: PCGS
Taisei Coin Corporation Address: Nishino Kinryo BLDG., 3F, 4-9-4 Hatchobori, Chuo-ku, Tokyo, 104-0032 Japan Phone number +81 3-3297-8222 Hours of Operation: Mon to Fri 9:00 am to 5:30 pm Services: Retail, Auctions, Wholesale, Buying and Estate Liquidation, and Newsletter Specialties: US Coins, Dollars, Gold Coins, Early Type, 19th Century Silver Coins, 20th Century Coins, Modern Coins, Early Copper, Commemoratives, Small Cents, Colonial Coins, Nickel Coinage, Patterns, Mint Errors, Territorial Issues, Tokens/Medals, Currency, and World Coins.
Authorized Dealer: PCGS
World Coins Japan Address: 1-15-5 Hamamatsu-Cho, Minato, Tokyo, JP Japan Phone number +81 3-5777-0351 Hours of Operation: Mon to Fri 11 am to 9 pm Services: Retail, Assists Collectors with Submissions, Wholesale, Auctions, Appraisals,  Collector Sales, and Buying and Estate Liquidation. Specialties: US Coins, Dollars, Gold Coins, 20th Century Coins, Early Type, 19th Century Silver Coins,  Commemoratives, Modern Coins, Early Copper, Nickel Coinage, Small Cents, Colonial Coins, Territorial Issues, Patterns, Mint Errors, Bullion Coins, Tokens/Medals, World Coins, Currency, and Ancient Coins.
Authorized Dealer: PCGS NGC PMG NCS
Arrow International, Co., Ltd. Address: Ideal Bldg. #5, B1F, 4-27-4 Taito, Taito-ku, Tokyo, 110 0016 Japan Phone number +81 3-3839-3123
Authorized Dealer: PCGS
Collector's Japan Inc Address: Shibuya Dai 2 Ty Bldg. 4F, 2-2-8 Higashi, Shi-Buya-Ku, Tokyo 150-0011, Japan Phone number +81 3-5766-6433 Services: Wholesale, Retail, Auctions, Buying and Estate Liquidation, Appraisals, and Newsletter. Specialties: US Coins, Dollars, Gold Coins, 20th Century Coins, Early Type, 19th Century Silver Coins, Commemoratives, Modern Coins, Small Cents, Early Copper, Nickel Coinage, Patterns, Colonial Coins, Territorial Issues, Tokens/Medals, Mint Errors, Bullion Coins, Ancient Coins, World Coins, and Currency.
Authorized Dealer: PCGS
Auction World Co, Ltd Address: 2/Fr. Mori Bldg, 1-27-8 Hamamatsucho, Minato-ku, Tokyo, 1050013 Japan Phone number +81 3-5425-6188 Hours of Operation: Mon to Fri 10 am to 7 pm Services: Auctions. Specialties: US Coins, Dollars, Gold Coins, 20th Century Coins, Early Type, 19th Century Silver Coins, Commemoratives, Modern Coins, Early Copper, Nickel Coinage, Small Cents, Colonial Coins, Territorial Issues, Patterns, Mint Errors, Bullion Coins,  Tokens/Medals, World Coins, Currency, and Ancient Coins.
Authorized Dealer: PCGS
Daruma International Galleries Address: 2-16-32-701 Takanawa, Minato-ku, Tokyo, 108-0074 Japan Phone number +81 3-3447-5567 Hours of Operation: Mon to Fri 10 am to 5 pm Services: Wholesale,  and Auctions. Specialties: US Coins, Dollars, Gold Coins, Commemoratives, World Coins, Patterns, and Ancient Coins.
Authorized Dealer: PCGS
Fuji International Mint Co. Address: 3-chome, 13-20 Daigo301 Mejiro Toshima-ku, Tokyo, 171-0031 Japan Phone number +81 3-5982-8580 Hours of Operation: Mon to Fri 10 am to 5 pm Services: Wholesale, Auctions, and Newsletter. Specialties: US Coins, Dollars, Gold Coins, 20th Century Coins, Modern Coins, 19th Century Silver Coins, Commemoratives, Patterns, Colonial Coins, Tokens/Medals, Mint Errors, Bullion Coins, and World Coins.
Authorized Dealer: PCGS ANA
Japan Coin Cabinet Co. Ltd Address: 1-9-2, B1 Hamamtsu-cho, Minato-ku, Tokyo, 105-0013 Japan Phone number +81 3-6459-0983, +81 9-3105-5540 Hours of Operation: Mon to Fri 11 am to 6 pm Services: Retail. Specialties: 20th Century Coins, Gold Coins, 19th Century Silver Coins, Commemoratives, Modern Coins, Patterns, World Coins, Tokens/Medals, and Ancient Coins.
Authorized Dealer: PCGS NGC
Sakura Collection House Address: 6-28-3, Hanead, Ota-Ku, Tokyo, 144-0043 Japan Phone number +81 3-5735-2753 Services: Retail, Appraisals, Auctions, and Collector Sales. Specialties: Gold Coins,  Ancient Coins, 19th Century Silver Coins, and World Coins.
Authorized Dealer: PCGS NGC PMG
Shinbashi Stamp Co. LTD. Address: 3F O-mura Bldg., 2-5-6 Shinbashi Minato-ku, Tokyo, 105-0004 Japan Phone number +81 3-3501-3077, +81 3-3501-3330 Services: Wholesale. Specialties: US Coins, Dollars, Gold Coins, World Coins, and Ancient Coins.
Authorized Dealer: PCGS
Antique Coin Galleria Address: 8-32-9-101, Okusawa, Setagaya, Tokyo, 1580083, Japan Phone number +81 5-5539-3655 Services: Collector Sales and Assists Collectors with Submissions. Specialties: Ancient Coins, World Coins, and US Coins.
Authorized Dealer: NGC
Tanaka Kikinzoku Jewelry K.K. 7-7 Ginza 1-chome, Chuo-ku, Tokyo (104-0061) Japan Phone: +81-3-3561-0491
 

Smelters & Refiners in Japan

Looking for precious metal refining services in Japan? Below you will find a list of companies providing gold refining and silver smelting in this country:

Asahi Holdings, Inc. Nissay Sannomiya Building 16F 4-4-17 Kano-cho, Chuo-ku, Kobe, Hyogo 650-0001 Japan +81-78-333-5633
Ishifuku Metal Industry Co., Ltd. Uchikanda 3-chome. Chiyoda Ku Tokyo 101-8654. Japan +81-3-3252-3133
Nihon Material Co., Ltd Nihon Material Building, 3-2 Sotokanda 5-chome Chiyoda-ku, Tokyo, Japan +81 90-3336-2580
Sumitomo Metal Mining Co., Ltd. Shimbashi Sumitomo Building 11-3, Shimbashi 5-chome, Minato-ku Tokyo 105-8716 Japan + 81-3-3436-7705
Tanaka Kikinzoku Kogyo KK Precious Metals Division: 22nd floor, Tokyo Building, 7-3, Marunouchi 2-Chome, Chiyoda-ku, Tokyo 100-6422 Japan +81-3-6311-5551

Please wait...