Retirement Living takes an unbiased approach to our reviews. We may earn money when you click a partner link. Learn More
Best Gold Dealers in Madison, Wisconsin
We chose the best gold dealers in Madison, Wisconsin, based on their selection, costs and customer reviews.

Updated:

American Hartford Gold Group
4.7
American Hartford Gold specializes in gold and silver IRAs as well as buying and selling gold and silver for physical possession. It uses a quick three-step process for acquiring precious metals for physical delivery, a gold IRA, or a precious metals IRA. Its same-day IRA is the fastest in the industry, and customers can access more promotions than other gold companies.
- Great ongoing promotions
- No buyback fees
- Up to $15,000 in FREE silver on qualified accounts

Patriot Gold Group
4.8
Patriot offers a quick setup for new accounts within 24 hours. Their easy three-step process makes starting a gold IRA simple and affordable to manage.
- No-fee-for-life IRA
- Highly rated by customers
- No management fees

Goldco
4.8
Goldco offers many years of experience in both the precious metals market and precious metals IRAs. This experience lets them guide individuals through important decisions when purchasing precious metals.
- Great for customer service
- Recommends $10k minimum for IRA transfers and $5k for cash purchases
- Get up to 10% instant match in silver with a qualified account (no cap on purchase amount)

Lear Capital
4.9
Lear Capital offers low annual management costs and good customer service. It is a great choice for anyone looking to invest in a precious metals IRA.
- Great service
- Fees waived depending on investment amount
- Personalized customer service and education

Orion Metal Exchange
4.9
Orion Metals Exchange deals in precious metals. They offer clear pricing on IRS-approved metals. Plus, you might be able to waive setup and maintenance fees. It offers a variety of services, including an easy-to-set-up IRA account.
- Transparent pricing of IRS-approved precious metals
- Potential for waived fees
- Commission-free buyback policy

Sanctuary Metals
4.9
Sanctuary Metals helps retirement investors protect and grow their savings. They offer personalized investment options in gold, silver, platinum, and other precious metals.
- Great customer support
- Transparent pricing
- Reliable and excellent reputation
Jims Coins & Precious Metals
Check the website for coupons and other great deals. Extensive selection of coins and bullion. Large purchases welcome. Sell your precious metals and coins for top dollar, with thorough and expert evaluations.
Ricks Olde Gold
Sell ingots, bullion or resellable jewelry, and you’ll get an offer of 80% or more on gold and up to 100% on silver. Specializes in precious metals, engagement and wedding rings, loose diamonds, and more.
University Coin & Jewelry
Buys a wide variety of gold items and coins, including industrial gold, dental gold, gold coins, 40% and 90% silver coins, proof and mint sets, sterling and jewelry. Buys diamonds and watches.
Capital City Coins & Jewelry
Family owned and operated, full-service jewelry and coin retailer. Buys and sells pre-owned jewelry, gold and estate collections. Offers appraisals, repairs and custom jewelry design. Sells unique coin jewelry.
Midwest Fine Jewelry & Coin
A family-run business established in 1985, it offers gold and silver coin buying services and expertise, custom jewelry design, and fine jewelry sales and repairs. It strives to provide each customer with a personalized experience.
Gold and other precious metals are an investment and carry risk. Consumers should be alert to claims that customers can make a lot of money in these or any investment with little risk. As with any investment, you can lose money and past performance is not a guarantee of future performance results. Consumers should also obtain a clear understanding of the fees associated with any investment before agreeing to invest.
Buying Gold From a Gold Dealer in Madison, Wisconsin
Investing in physical gold or precious metals can be a fun activity, with a bit of knowledge and preparation. In Madison, you can buy or sell gold with a local gold dealer or pawn shop.
Whichever method you choose, expect to pay typical bullion fees. Precious metals transactions come with a premium—the amount gold dealers add to current market value. Precious metals prices fluctuate on the market; the current price is called “spot.” Premiums are a small percentage over spot, depending on the form and type of metal.
Wisconsin formally ended sales tax on gold and precious metals in 2024, in bullion, bars, coins or rounds. When selling your precious metals in Madison, be aware that income tax could apply.
Madison Gold Dealers Reviews
Jim’s Coins & Precious Metals
Jim’s Coins & Precious Metals is a coin and bullion dealer, with in-person and shipping options available. The dealer buys and sells all bullion products, precious metals, and coins. Shop online or in-store for state quarters, silver dollars, rare coins, gold coins and investment gold and silver at reasonable prices. You can also bring your items to sell, including jewelry, dental gold, sterling, error coins, silver dollars and much more.
The business belongs to the Certified Coin Exchange Network and other associations to uphold industry standards. Sales over $10,000 are welcome, just inquire—the premium could be lower when you buy in bulk. The owners prioritize buying locally and strives to re-invest in the community. Customers said the staff at Jim’s Coins was kind, professional, knowledgeable and fair. Multiple reviewers noted this shop supports collectors and has a great selection of gold and silver.

| Address | 726 N Midvale Blvd, Madison, WI 53705 |
| Phone Number | (608) 233-2118 |
Rick’s Olde Gold
Ricke’s Olde Gold goes by the 80% rule: if you can get 80% for your gold, sell it! Offers are up to 97% on gold coins and ingot. The website includes helpful information on bullion and tips for buying gold but an in-store expert can also help you. Margins should be small and check the spot price before buying or selling. The staff here supports coin collectors and is willing to share knowledge. Ricke’s Olde Gold stocks Carson City silver dollars, 1932 Washington quarters, 1921 Mercury dimes and a wide selection of gold coins, along with much more. Pricing is transparent and there is a detailed list online of which items the shop will buy from you.
Customers enjoyed learning about the value of their items for sale, and said the staff was efficient, patient and accommodating. Reviewers also commented on excellent prices, great selection and great service. Several reviewers were very impressed with the kindness and honesty of the owner.

| Address | 1314 Williamson St, Madison, WI 53703 |
| Phone Number | (608) 257-7280 |
University Coin & Jewelry
University Coin & Jewelry buys and sells diamonds, gold, silver, coin collections, and more. Coins include U.S. and foreign, silver dollars, silver and gold American Eagles, U.S. clad half dollars and all 90% silver coins, proof and mint sets. You can also bring in sterling flatware and holloware, 1 oz silver, rounds, and silver bars. In some cases, this business will buy gold-filled items. The shop specializes in GIA and EGL-certified diamonds half carat and larger. Offers are non-binding. On the website, find a helpful article on how to determine the price of gold.
Customers liked that this shop offered an extensive selection of “treasures” and said it was overall a very good experience to sell and buy gold and silver. Several reviewers mentioned that the staff was friendly and provided a lot of information about how they determine the price of coins and gold.

| Address | 6801 University Ave Suite 130, Middleton, WI 53562 |
| Phone Number | (608) 831-1277 |
Capital City Coins & Jewelry
Capital City Coins & Jewelry has been family-owned and operated since 1977. The shop sells coins and jewelry at affordable prices and even has coin jewelry. The business also buys gold, silver, platinum, coins, bullion, estate jewelry and diamonds. A staff member will evaluate your items and make an offer. The business aims to keep overhead low to offer customers the best deals when purchasing or selling, with competitive prices on coins, jewelry, bullion, watches and estate jewelry.
Reviewers say this business really stands out for its family feel, unique and beautiful items, and fair and honest offers when selling items. Multiple customers mentioned super-friendly service, a great selection of coins, and the best silver and gold bullion prices in town. People were impressed with the owner’s knowledge and willingness to provide information.

| Address | 6025 Monona Dr, Monona, WI 53716 |
| Phone Number | (608) 221-0140 |
Midwest Fine Jewelry & Coin
Midwest Fine Jewelry & Coin is a full-service jeweler that offers a selection of silver, gold and platinum jewelry. The business also provides gold and silver jewelry and coin-buying services. Bring in Morgan silver dollars, $20 gold pieces, and a wide variety of other coins for evaluation. A knowledgeable staff member will assist you and provide transparency throughout the process. Seasoned collectors and beginners can get help with all coin-related needs.
Customers said they were treated kindly at this store, and that staff were very knowledgeable about silver and gold. Others mentioned fair pricing, quality products and great offers on coin collections. Reviewers agreed that the service here was top-notch.

| Address | 4701 Monona Dr, Monona, WI 53716 |
| Phone Number | (608) 221-4242 |