The City of Angels is not just famous for its movie stars and entertainment industry, it is also a thriving hub for precious metal enthusiasts. If you’re interested in investing in gold or adding to your collection, you need to know where to buy gold in Los Angeles. In this guide, we will take you through the top gold dealers and their advantages, so you can make an informed decision on where to buy your gold bullion.
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Top Gold Dealers in Los Angeles
There are numerous establishments in Los Angeles that specialize in buying and selling gold bullion, coins, and bars. Here are some of the best places to start:
- Los Angeles Gold & Silver: As one of the oldest established dealers in the city, they offer a wide variety of bullion products, including unique and rare items. With their competitive prices and outstanding customer service, they have earned a solid reputation among investors and collectors.
- Pacific Coin & Currency: Known for its knowledgeable staff and diverse inventory, Pacific Coin & Currency is an excellent choice for both new investors and experienced collectors. They carry various forms of gold bullion, as well as numismatic and paper currency.
- Lone Star Gold & Silver Buyers: This family-owned business has been serving the Los Angeles community for over 40 years. Their transparent pricing and exceptional customer service make them a reliable choice for those looking to buy gold bullion and other precious metals.
- Wilshire Coin: Established in 1948, Wilshire Coin is one of the most respected names in the industry. They offer a comprehensive selection of gold bullion, coins, and bars, as well as other precious metals and collectible items.
Other Recommended gold dealers in Los Angeles
CASH FOR GOLD
- Activity category: Gold dealer
- Address: 5824 Vermont Ave, Los Angeles, CA 90044
- Phone: +1323-434-0305
Gold Dealer Los Angeles
- Activity category: Gold dealer
- Address: 3200 Wilshire Blvd, Los Angeles, CA 90010
- Phone: +1213-915-4303
- Website: http://www.goldplatrecovery.com/
Hollywood Gold & Silver Exchange
- Activity category: Gold dealer
- Address: 7095 Hollywood Blvd # 102, Los Angeles, CA 90028
- Phone: +1323-645-7828
- Website: http://www.hollywoodgoldexchange.com/
Broadway Gold Center
- Activity category: Gold dealer
- Address: 635 S Broadway, Los Angeles, CA 90014
- Phone: +1213-488-3313
- Website: http://www.broadwaygold.com/
CASH FOR GOLD (second)
- Activity category: Gold dealer
- Address: 11712 Wilmington Ave, Los Angeles, CA 90059
- Phone: +1323-434-0305
Gold Buyers USA – Buy & Sell Gold
- Activity category: Gold dealer
- Address: 607 S Hill St #241B, Los Angeles, CA 90014
- Phone: +1213-655-5000
- Website: https://www.goldbuyersusa.com/
Los Angeles Gold Exchange
- Activity category: Gold dealer
- Address: 10550 1/2, Victory Blvd, North Hollywood, CA 91606
- Phone: +1818-506-3820
CASH FOR GOLD (third)
- Activity category: Gold dealer
- Address: 8565 S Broadway, Los Angeles, CA 90003
- Phone: +1323-434-0305
- Website: http://www.lagoldbuyerexchange.com/8565-south-broadway-los-angeles-ca-usa/
CASH FOR GOLD (fourth)
- Activity category: Gold dealer
- Address: 1457 E Florence Ave, Los Angeles, CA 90001
- Phone: +1323-434-0305
- Website: https://www.lagoldbuyerexchange.com/1457-e-florence-ave-los-angeles-ca-90001/
Cash For Gold (fifth)
- Activity category: Gold dealer
- Address: 1890 S Western Ave, Los Angeles, CA 90006
- Phone: +1323-434-0305
- Website: http://www.lagoldbuyerexchange.com/1890-s-western-ave-los-angeles-ca-90006/
We wrote other guide about where to get gold in Fresno and Riverside, make sure to read them if you plan on going there.
Factors to Consider When Choosing a Gold Dealer
It’s crucial to choose the right gold dealer for your needs. Here are some factors to consider when selecting the best place to buy gold in Los Angeles:
Reputation and Experience
A reputable gold dealer with years of experience in the industry will likely have a proven track record and be able to provide valuable insight and advice. Look for dealers who have consistently received positive reviews and testimonials from customers. Choosing an established gold dealer can give you peace of mind and ensure that your investment is secure.
Inventory and Selection
The best gold dealers should have a diverse range of products available, including various forms of bullion, rare coins, and investment-grade items. A larger inventory means more options for investors and collectors, allowing you to find exactly what you’re looking for.
Knowledge and Expertise
A knowledgeable gold dealer will be able to answer all of your questions and guide you through the process of buying gold bullion or other precious metal investments. Look for a dealer who can provide accurate information about the products they offer and help you make informed decisions.
Competitive Pricing and Fair Valuations
When considering where to buy gold in Los Angeles, it’s essential to compare prices among different dealers to ensure you receive the best value for your investment. Choose a dealer who offers competitive pricing, transparent fees, and fair valuations for both buying and selling gold.
Why Invest in Gold?
There are several reasons why people choose to invest in gold bullion, including:
- Wealth Preservation: Gold has been a reliable store of value for centuries and can help protect your wealth against inflation, economic instability, and currency devaluation.
- Portfolio Diversification: Adding gold to your investment portfolio can provide diversification benefits, reducing risk and potentially improving long-term returns.
- Tangible Asset: Unlike stocks or bonds, gold is a tangible asset that you can hold in your hand – giving many investors a sense of security and control over their wealth.
- Liquidity: Gold bullion, coins, and bars are highly liquid assets that can easily be bought and sold on global markets. This makes gold an attractive option for those seeking a readily accessible investment.
The Process of Buying Gold in Los Angeles
To ensure a smooth transaction when purchasing gold bullion, follow these simple steps:
- Research and Select a Reputable Dealer: As mentioned earlier, it’s essential to choose a reliable and experienced dealer for your gold purchase. Take the time to research and compare different options before making a decision.
- Determine Your Investment Goals: Before buying gold, consider your investment objectives, such as portfolio diversification, wealth preservation, or potential capital gains. Knowing your goals will help you make informed decisions about the type of gold products to purchase and the quantity required.
- Choose Your Desired Gold Products: Once you have identified your investment goals, select the appropriate gold bullion, coins, or bars based on factors such as weight, purity, and premium over the spot price.
- Verify the Authenticity of the Gold: To ensure you’re purchasing genuine gold products, verify their authenticity by checking for hallmarks, serial numbers, or certificates of authenticity. Reputable dealers should have no issue providing this information.
- Finalize Your Purchase and Arrange Delivery or Storage: After selecting your desired gold items and verifying their authenticity, complete the transaction with the dealer. Most dealers offer secure delivery options, or you can arrange for storage at a local depository or vault facility.
By understanding where to buy gold in Los Angeles and considering factors such as reputation, inventory, knowledge, and pricing, you can make informed decisions and find the perfect gold bullion, coins, or bars for your investment needs. Remember always to prioritize dealers that put your interests first and provide trustworthy, reliable service.
