Another Detroit suburb, Warren, MI, is also the largest Detroit suburb with a 2010 population of 134,056. It is also the largest city in its county, Macomb County, and the third-largest city in the state.
Warren is home to a vibrant and diverse economy that boasts a number of big employers, including General Motors, the Detroit Arsenal of the U.S. Army, and the Tank Automotive Research, Development and Engineering Center.
Originally founded as a carriage stop called Beebe’s Corners, Warren grew rapidly in the 1950s and 1960s but has recently suffered from a decrease in population. Warren’s main historical attractions include the Detroit Arsenal Tank Plant, where many of World War II’s Sherman tanks were produced, and Detroit Memorial Park Cemetery, where inventor Elijah McCoy is buried. Despite its recent struggles with crime and population loss, Warren remains the top city in the country when it comes to the length of time that people live there.
Sales Tax on Gold and Silver in Warren
Michigan’s General Sales Tax Act was expanded in 1999 to include certain precious metal purchases.
In particular, investment coins (federal coinage of gold, silver, platinum, or palladium that is worth more than its face value) and bullion (bulk gold, silver, or platinum that is at least 90% pure) are exempt from the state sales tax. Other items, including state and paper currency, are still subject to Michigan’s 6% sales tax.
Local Gold and Silver Dealers in Warren
Coin Cove Jewelry and Coin Buyer
Also known as Coin Cove Jewelry Co., this shop has been around since 1971 and uses its almost 50 years of experience to provide customers with knowledgeable support, free appraisals, and strong prices. Their inventory includes a variety of rare coins, bullion, diamonds, estate contents, and more.
25197 Gratiot Ave.
Roseville, MI 48066
Coins & Stamps, Inc.
As the state’s oldest coin shop, Coins & Stamps, Inc. has a reputation for experience, appraisal services, and a large inventory. Items available at the store include coins from every era, both foreign and domestic, and includes rare coins. They buy and sell these coins, as well as other collectibles such as watches and stamps.
17658 Mack Ave.
Grosse Pointe, MI 48230
The large inventory at Collectible Investments includes collectible coins both foreign and domestic for the grown-ups, and Pokémon and Magic cards for kids and kids at heart. Other items available at the Berkley store include sports memorabilia and bullion. Their price range is varied and allows for collectors and investors to purchase at almost any budget level.
28223 Woodward Ave.
Berkley, MI 48072
Cranbrook Coin and Jewelry
Since 1964, Cranbrook Coin & Jewelry has dealt in a variety of collectible coins. As one of the oldest coin dealers in the region, Cranbrook possesses PCGS and NGC authorization and holds membership in the American Numismatic Association. Their inventory includes raw, certified, domestic, and foreign coins, as well as a variety of precious metal bullion. Other services available at the store include appraisals and jewelry repair.
2075 Big Beaver #110
Troy, MI 48084
Motor City Pawn Brokers
With four locations around the Detroit area and almost 30 years of experience, Motor City Pawn Brokers offers strong customer service, loan services, and a broad inventory to customers. The shop specializes in a wide variety of items, from jewelry to computers, handbags, and tools.
15440 E. 8 Mile Rd
Detroit, MI 48205
Rare Coins of MichiganFor almost 50 years, Rare Coins of Michigan has bought and sold a wide selection of foreign and domestic coins, as well as bullion and paper currency. Their inventory includes gold and silver coins of all types, U.S. collectors coins, and more. Customers may get quotes 24 hours a day at their quote line. The quoted line may be accessed at (586) 751-8966.
30500 Van Dyke Ave.
Warren, MI 48093
Thanks for reading our guide to buying gold and silver bullion and coins in Warren, MI. If you know of any other coin or bullion shops in the city of Warren, please contact us at Metals.com so we can update our directory.