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Buying Gold and Silver in Newark, New Jersey
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Newark is the most populous city in New Jersey and the second-largest city in the New York metropolitan area. The Puritans from New Haven Colony were the first ones to settle here back in 1666. Newark is located at the mouth of the Passaic River, which has made the city’s waterfront an important part of the Port of New Jersey and New York. Newark is one of the oldest European cities in the US and the home to several leading corporations like Panasonic Corporation of North America, IDT Corporation, Prudential, Audible.com, PSEG, etc. Newark is also home to several important higher education institutions like Rutgers University. Other local attractions in Newark are the New Jersey Performing Arts Center, Newark Museum, Branch Brook Park, Verona Park, etc.
Newark also houses some popular precious metal dealers who are authorized by the USA’s most popular third-party grading services PCGS and NGC. However, please remember that starting from 2017, a bullion sales tax of 7% is charged in the state of New Jersey on buying numismatic collectibles including but not limited to coins, precious metals, and paper currency notes. There is no additional local or county sales tax on precious metals. As well, there is no exemption on the aforementioned items as per state law whether the purchase is made for investment purposes or for collecting. Being an out-of-state retailer, Bullion Exchanges does not charge sales taxes on any purchases made by New Jersey residents. However, it is always better to check with a tax professional before making any purchase, as we are no tax policy experts.
Wholesale Gold and Silver Dealers:
1. Somerset Hills Coins Address: P.O. Box 5248, Basking Ridge, New Jersey 07920 Phone number 908-591-2661
Local Storefront / Retail Gold and Silver Dealers:
Please find below a list of top coin and precious metals dealers in Newark.
1. Ye Olde Curiositie Shoppe Address: 111 S Orange Ave., South Orange, NJ 07079, USA Phone number +1 973-762-1588 Hours of Operation: Mon to Sat 10:30 am to 5:30 pm Services: Retail. Specialties: World Coins and US Coins. 
