Spokane gold silver coin shops: Your local expert guide

If you are searching for Spokane gold silver coin shops, you have landed in the right place. Spokane, Washington, has a well-established network of local dealers who buy and sell gold, silver, rare coins, and bullion – many of them family-run businesses that have served collectors and investors for four decades or more. Whether you are looking to sell an inherited collection, buy your first silver bar, or find a fair price for scrap jewelry, knowing your options makes all the difference.

This guide covers the top local shops in Spokane, what each one specializes in, current spot prices, practical tips for buying and selling, and how Accurate Precious Metals – based in Salem, Oregon – serves Spokane-area customers through competitive online pricing and a convenient mail-in service.

Top Spokane Gold Silver Coin Shops at a Glance

Spokane’s coin and bullion scene is concentrated around a few key corridors: North Division Street, North Wall Street, and East Trent Avenue. Most of the shops listed below have operated since the 1970s or 1980s, when Nixon’s 1971 end of the gold standard sparked a nationwide surge in private bullion collecting. Several are authorized dealers for PCGS and NGC coin grading services, and most carry memberships with the American Numismatic Association (ANA).

Shop Profiles: What to Expect When You Walk In

Coin Corner

Coin Corner has been family-owned since 1980 and is now in its third generation of operation. The shop buys and sells certified investment coins, gold and silver jewelry, dental gold, diamonds, and sterling silver. They offer free estimates and are authorized dealers for PCGS, NGC, and ANACS. The shop also provides jewelry repair and custom work, and makes loans on valuables. Located on East Trent Avenue, it is easy to reach from the east side of Spokane.

American Coin & Vault

Open since 1979, American Coin & Vault has over 45 years in the business. Their inventory covers precious metals bullion – gold and silver bars, rounds, and coins – alongside rare coins, paper money, jewelry, and scrap. They also offer a private storage depository, which is a useful feature for buyers who want secure on-site storage. Note that the shop has been temporarily closed to walk-in traffic due to high demand; check their website or Google listing before visiting.

Eastern Washington Coin Co.

Located in the Lincoln Heights Shopping Center since 1976, Eastern Washington Coin Co. is one of the longest-running shops in the area. They carry a large inventory of U.S. and world coins, gold and silver bullion, paper currency, and collecting supplies. The shop is PCGS and NGC authorized, holds ANA membership, and is known for reasonable prices that work for beginners and seasoned investors alike.

CoinsPlus Inc.

CoinsPlus has operated on North Division Street since 1983 and serves customers across Washington, Idaho, and beyond. They focus on gold, silver, rare coins, and bullion, and emphasize transparent, honesty-first pricing. Their website tracks live spot prices, which is helpful when comparing offers.

Red Line Coins and Spokane Coin Exchange

Red Line Coins, open since 1976, specializes in heirloom collections and offers free verbal appraisals – a good starting point if you are unsure what you have. Spokane Coin Exchange, the downtown option, has been under the same ownership since 1975 and serves experienced collectors and investors looking for precious metals and rare coins in the city center.

Current Spot Prices: What Gold and Silver Are Worth Today

Before you walk into any Spokane gold silver coin shop, know the baseline. Spot price is the global wholesale market price for one troy ounce of a metal. Shops adjust from that number when buying or selling.

When a shop sells you a coin or bar, they charge a premium above spot – typically 3-10% depending on the product, size, and current demand. When they buy from you, they pay below spot, reflecting their margin and refining costs. A 1 oz American Gold Eagle might retail for around $5,050-$5,100 at current gold prices. Scrap gold typically pays 90-95% of melt value after refining deductions.

Smaller items carry higher premiums per ounce. A 1 oz silver round costs less over spot than a single 1/10 oz coin. Buying in larger quantities – a 10 oz or 100 oz silver bar – generally reduces your per-ounce cost. For a detailed breakdown of buying gold bars in the Spokane area, see our Spokane gold bar buying guide.

Bullion vs. Numismatic Coins: Which Should You Buy?

This is the most common question new buyers ask. The answer depends on your goal.

Bullion coins are struck from .999 or .9999 fine metal and priced primarily on their metal content. Examples include the Silver American Eagle, Canadian Maple Leaf, and Austrian Philharmonic. They are easy to buy, easy to sell, and universally recognized. Most Spokane shops stock them regularly.

Numismatic coins are valued for rarity, condition, and historical significance – not just metal content. A 1909-S VDB Lincoln cent or a pre-1933 $20 Double Eagle can be worth many times its melt value. These require more knowledge to buy and sell well. Graded coins (PCGS/NGC slabs) command premiums based on their assigned grade, from Good-4 to MS-70.

Live Silver Spot Price – Accurate Precious Metals Refineries

Scrap metal – broken jewelry, dental gold, silverware – is worth its melt value minus refining. A 14K gold ring is 58.3% pure gold. At $4,827/oz spot, one gram of 14K gold carries a melt value of roughly $80-$85 before dealer margin.

Practical Tips for Buying and Selling in Spokane

Washington state does not charge sales tax on bullion purchases, which is a meaningful savings compared to states that do. Capital gains on precious metals are reportable federally when profits exceed $200 per year. Keep records of what you paid and when.

For storage, American Coin & Vault offers a private depository. Alternatively, a home safe rated for fire and theft is a practical option for smaller holdings.

Selling Gold and Silver: Local Shop vs. Mail-In Service

Walking into a Spokane coin shop is the fastest way to get same-day cash for your metals. You see the scale, you see the test, and you walk out with payment. That transparency has real value, especially for first-time sellers.

That said, local options have limits. Shops carry overhead, and their buy prices reflect that. If you have a larger collection, rare coins, or items that require specialist knowledge, a broader market may serve you better.

This is where Accurate Precious Metals offers a practical alternative. Customers anywhere in the United States – including Spokane – can use our mail-in precious metals service to sell gold, silver, jewelry, scrap, coins, or bullion without leaving home. The process includes free insured shipping, GIA-informed appraisal, and fast payment. There is no pressure, no obligation, and no risk to your items in transit.

If you are in the Pacific Northwest and prefer in-person service, our Salem, Oregon location is a reasonable drive for those who want face-to-face transactions. For everyone else, selling gold online through our mail-in program is straightforward and well-reviewed.

Why Accurate Precious Metals Stands Out

Accurate Precious Metals is not a pawn shop. We are a specialized precious metals dealer with over 12 years in business and more than 1,000 five-star customer reviews. Our inventory spans gold coins and gold bars, silver bars and rounds, platinum, palladium, copper, diamonds, and jewelry – all priced against live spot rates.

For Spokane-area buyers, our online store ships nationwide with insured delivery. You are not limited to what one local shop happens to have in stock on a given day. Our pricing updates in real time, so you always know what you are paying relative to spot.

For retirement investors, we offer Gold and Silver IRA services – a path to holding physical metals inside a tax-advantaged account. Few local coin shops offer this, and it matters for buyers thinking beyond a single transaction.

As an NGC Authorized Dealer, we assess coins for metal content and condition through a trusted, transparent process. Our team thoroughly examines each item we buy or sell.

Whether you want to sell silver coins from an old collection, liquidate scrap jewelry, or build a bullion portfolio, Accurate Precious Metals handles all of it. Local Spokane customers can also explore our Washington state precious metals guide for region-specific information.

Spokane Coin Shops: Quick Reference for Collectors

A few additional notes for collectors specifically visiting Spokane shops:

• Eastern Washington Coin Co. and Coin Corner are both PCGS/NGC authorized – bring graded coins there for the most informed evaluations.
• Red Line Coins is the best starting point for inherited or heirloom collections, given their free verbal appraisal policy.
• American Coin & Vault’s private storage depository is worth asking about if you are buying larger quantities and need secure local storage.
• CoinsPlus on North Division is a good spot-price reference point and serves buyers across state lines.
• Spokane Coin Exchange downtown suits experienced collectors who know what they are looking for.

For a broader look at coin dealer coverage in the Spokane area, see our Spokane coin dealer resource page.

Frequently Asked Questions

Sources

1. Coin Corner Spokane – coincornerspokane.com
2. Red Line Coins – redlinecoins.com
3. Better Business Bureau Spokane Coin Dealers – bbb.org
4. American Coin & Vault – americancoinandvault.com
5. Eastern Washington Coin Co. – easternwashingtoncoin.com
6. CoinsPlus Inc. – coinsplus.com