Warwick is the second largest city in the state of Rhode Island, with a population, pegged in 2010, at 82,672. The metropolis is situated about 12 miles south of Providence, Rhode Island’s capital, and so is almost its twin city.
The city started life as a settlement in 1642, when Samuel Gorton, an English settler, purchased land from certain Native Americans. Others objected and asked authorities from the Massachusetts Bay Colony to intercede on their behalf. The Colony sent an armed force, which wrested control of the land from Gorton and his followers.
Alarmed by these events, three other settlements on Narragansett Bay – Newport, Portsmouth, and Providence Plantations – united and sought a royal charter, which allowed them to form the Colony of Rhode Island and Providence Plantations.
The settlement founded by Gorton continued under the Native Indian name of Shawhomett until 1648. In that year, a Charter by the head of the Parliamentary Commission on Plantation Affairs, Robert Rich, 2nd Earl of Warwick, was granted and thereafter the village was named after him.
Sales Taxes on Gold and Silver in Warwick
In Warwick, sales and use taxes apply generally at the rate of 7%, as they do throughout Rhode Island.
However, precious metal bullion, defined as “any elementary precious metal that has been put through a process of smelting or refining, including, but not limited to, gold, silver, platinum, rhodium, and chromium, and that is in a state or condition that its value depends upon its content and not upon its form” is exempt.
Local Gold and Silver Dealers in Warwick
Aable Jewelers Coins Estates
Aable Jewelers has a wide range of items that includes gold, old gold coins, coins, diamonds, silver, all vintage jewelry, and more. This dealer is family-owned and has been serving the collectibles community for over 45 years.
1615 Warwick Ave
Warwick, RI 02889
American Rare Coin
American Rare Coin is a nationally recognized, insured and licensed expert, with more than 30 years of rare coin experience. This dealer specializes in the sale and purchase of gold and silver coins.
311 Newport Ave
Rumford, RI 02916
Cranston Gold & More LLC
Cranston Gold & More has the widest range of inventory you will probably come across. At Cranston, you’ll find diamonds and gold jewelry, old coins, both U.S. and foreign, scrap gold and silver, old paper money, sterling silver sets, military medals, plus antiques of almost any kind.
703 Park Ave
Cranston, RI 02910
Gendron's Jewelers is considered the best and largest pawnshop in Rhode Island. This is a dealer that has been in the business for over one hundred years (since 1893) serving the West Warwick and surrounding communities.
225 Cowesett Ave
West Warwick, RI 02893
Little Rhody Coin & Collectibles
Little Rhody Coin & Collectibles serves the investor and numismatic communities in and around Warwick. This dealer has a wide range of inventory.
911 Warwick Ave
Warwick, RI 02888
Michael Gerard Jewelry & CoinMichael Gerard Jewelry & Coin has been in the business for over 35 years. This shop specializes in gold, jewelry, diamonds, paper currency, and much more.
1245 Main St
West Warwick, RI 02893
Thank you for reading our guide to gold and silver buying in Warwick, RI. If you know of any other coin or bullion shops in the city of Warwick, please contact us at Metals.com so we can update our directory.