The second-largest city in Ohio (just behind Columbus), Cleveland boasts a population of more than 388,000. It is a member of the Greater Cleveland Metropolitan Area, which includes more than 2 million people. It is also the Cuyahoga County seat and the 51st-largest city in the nation. Perhaps most famously, the city houses the Rock and Roll Hall of Fame.
However, Cleveland is home to many other attractions, including the Great Lakes Science Center and a submarine from World War II. Cultural festivals are also very prevalent in the city, and every year, Fashion Week Cleveland provides the third-largest fashion show in the nation for enthusiasts. Sitting on Lake Erie, Cleveland has long been a hub of manufacturing, canals, and railroads.
However, today, the economy of what is affectionately known as the Forest City is more diverse, and includes a strong healthcare presence, financial services and, more recently, an emphasis on technology.
Sales Tax on Gold and Silver in Cleveland
Currently, certain types of silver and gold are exempt from sales taxes in Ohio. In particular, bullion consisting of gold and silver and investment coins made of gold, silver, platinum, or palladium qualify for the exemption that was instituted by Senate Bill 172 in 2016.
These items include bullion that is not in the physical possession of the owner. This exemption means that eligible products delivered to Ohio addresses are will not be charged sales tax.
Local Gold and Silver Dealers in Cleveland
Coin Shop Cleveland, LLC
Coin Shop Cleveland, LLC, stands out because of its practice of offering free quotes on items customers are selling. They purchase both gold and coins.
17012 Lorain Ave
Cleveland, OH 44111
Colonial Coin and Jewelry
With almost 100 years of experience behind it, Colonial Coin and Jewelry is well equipped to supply investors and collectors with a variety of precious metal coins and jewelry. Their wide inventory includes both domestic and foreign coins, bullion, and rounds. In addition, Colonial buys gold and silver, diamonds, and other collectibles.
530 Euclid Ave., Ste 7
Cleveland, OH 44115
Harry E. Jones Rare Coins
Both domestic and foreign coins and currency are available from Harry E. Jones Rare Coins. With more than 40 years of experience, the shop provides both consultation and professional dealer services to customers.
7379 Pearl Rd # 1
Cleveland, OH 44130
Ohio Estates Coins and Jewelry
Ohio Estates Coins and Jewelry actually sells everything from sports cards to collecting supplies to coins and precious metals. Investors and collectors can find precious metal bullion, foreign coins, jewelry, and other collectibles, as well as sell these items to this member of the American Numismatic Association. They offer additional services, such as free verbal appraisals. The company has been in business since 1983.
2311 Brookpark Rd.
Parma, OH 44134
Parma Heights Stamp & Coin
If Parma Heights Stamp & Coin’s inventory of gold coins, bullion, domestic coins, Morgan and Peace silver dollars and more are not enough, their layaway plans and other full-service offerings should make them appealing to investors and collectors of all kinds. The shop also purchases gold and silver.
6583 Pearl Rd.
Parma Heights, OH 44130
Richfield Coin & Collectibles
Richfield Coin & Collectibles’ inventory changes regularly, but their specialty is rare domestic and foreign coins, both graded and raw. They also offer precious metal bullion and some paper currency. They also buy these items, proof and mint sets, coin collections, and more.
2409 N. Cleveland-Massillon Road
Bath, OH 44333
Shaker Coin & Jewelry CompanyWith more than 50 years of experience in the coin and precious metal field, Shaker Coin & Jewelry Company is an established Cleveland area shop. They both buy gold and silver, as well as sell coinage and bullion made of gold and silver.
Examples of products you may find in their shop include pre-1933 U.S. gold coins, foreign gold coins, Morgan and Peace silver dollars, gold bullion, and silver coins and bars. They are a U.S. Mint authorized dealer, a PCGS and NGC authorized dealer, and a lifetime member of the American Numismatic Association.
28410 Chagrin Blvd.
Woodmere, OH 44122
Thanks for reading our guide to buying gold and silver bullion and coins in Cleveland, OH. If you know of any other coin or bullion shops in the city of Cleveland, please contact us at Metals.com so we can update our directory.