Gold $2,623.20 1.18%
Silver $29.51 1.68%
Platinum $928.86 0.67%
Palladium $919.02 1.27%
McGruff Gold Dealers New Hampshire

Buy Gold Online in New Hampshire

New Hampshire, known as the "Granite State," has a rich history rooted in the early foundations of America. While it may not have the gold rush tales like California, its residents still understand the value of stability and long-term investments.

That’s why New Hampshire residents choose to invest in gold and buy precious metals for long-term growth. Many also invest in silver, platinum, and palladium to diversify their portfolios.

Before you dive in and buy silver and gold, you should be well-versed with both federal and state regulations. While the IRS has its stipulations regarding gold purchases, New Hampshire offers unique tax benefits that set it apart from many other states.

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New Hampshire IRS Regulations

When you decide to sell gold or other precious metals, be prepared to face the federal capital gains tax imposed by the IRS. Precious metals are viewed as capital assets and are categorized as collectibles. If you've held onto your precious metals for over a year before selling, you'll be subject to this tax.

The capital gains tax aligns with your marginal tax rate, capped at 28%. Depending on your income, the rates for capital gains tax are 0%, 15%, or 20%. Here's a detailed breakdown of the capital gains tax rates for 2023:

Filing Status0%15%20%
SingleUp to $44,625$44,626 to $492,300Over $492,301
Head of householdUp to $59,750$59,751 to $523,050Over $523,051
Married filing jointlyUp to $89,250$89,251 to $553,850Over $553,851
Married filing separatelyUp to $44,625$44.626 to $276,900Over $276,901

IRS-Approved Precious Metals

If you're considering opening a precious metals IRA, you should know which assets are IRS-approved. The IRS has set clear guidelines on the types of precious metals permissible in an IRA:

Gold products must have a purity of at least 99.5%.
Silver products should meet a purity standard of 99.9%.
Platinum and palladium products must have a purity of 99.95%.
Bars, rounds, and coins should be produced by a recognized refiner, assayer, or manufacturer. They must be accredited by institutions like NYMEX, COMEX, NYSE/Liffe, and others and should meet the minimum fineness requirements.
Proof coins should be in their original mint packaging, in pristine condition, and accompanied by a certificate of authenticity.
Small bullion bars should adhere to exact weight specifications.

IRS-Approved Gold Products Include:

American Eagle bullion or proof coins
Australian Kangaroo or Nugget bullion coins
Australian Lunar Series coins
Austrian Philharmonic bullion coins
British Britannia (2013 or newer)
Canadian Maple Leaf coins
Chinese Panda coins
Credit Suisse – PAMP Suisse bars
U.S. Buffalo bullion coins

IRS-Approved Silver Products Include:

American Eagle bullion or proof coins
America the Beautiful coins
Australian Kookaburra coins
Austrian Vienna Philharmonic coins
British Britannia (2013 or newer)
Canadian Maple Leaf coins
Chinese Panda coins
Mexican Libertad bullion coins

IRS-Approved Platinum Products Include:

American Eagle bullion or proof coins
Australian Koala bullion coins
Canadian Maple Leaf bullion coins
Isle of Man Noble bullion coins
For palladium, the Canadian Maple Leaf coin is the only IRS-approved product.

IRS Forms

Upon selling gold or other precious metals, it's mandatory to report the profits to the IRS. Sellers should complete Schedule D of Form 1040 on their annual tax return. Depending on the type and quantity of metal sold, Form 1099-B might also be required. This form is necessary when selling:

90% silver U.S. dimes, quarters, or half dollars with a face value of $1,000
Twenty-five or more one-ounce gold Maple Leaf, Krugerrand, or Mexican Onza coins
Gold and silver bars weighing one kilogram or 1,000-troy-ounce

New Hampshire Taxes on Gold

New Hampshire stands out when it comes to sales tax on precious metals. The state does not impose a sales tax when you buy gold and other precious metals, even if you buy gold online. This tax advantage makes New Hampshire an attractive destination for investors looking to invest in silver, gold, or other precious metals.

Gold Prices

The price of gold is influenced by various factors, including its mint, purity, rarity, condition, and demand. Generally, gold with higher purity and larger size tends to cost more. Over the years, the price of gold has seen a consistent rise, making it a sought-after long-term investment.

Types of Gold Coins, Bars, and Bullion in New Hampshire

Gold coins are available in weights ranging from one to two ounces. While older coins might contain 90% to 92% gold, newer ones boast a gold content of 99.9%. Some reputable gold sellers also offer alloyed gold coins with 91.7% gold, complemented by silver or copper.

The gold coin price is often determined by its size and gold content. However, certain coins might fetch prices above the gold spot price due to their rarity, demand, and unique design elements.


Gold coins can be categorized into:

Bullion
These coins were once used as currency but are now valued for their historical and aesthetic appeal.
Proof
These are high-quality coins, often produced in limited quantities by the U.S. Mint, and come with a certificate of authenticity.
Numismatic
These are collectible or rare coins, often older, and are valued more for their historical and artistic significance than their gold content.
Semi-numismatic
These coins blend the characteristics of both bullion and numismatic coins.

Gold Bar Sizes

Gold bars are available in a range of sizes, from a few grams to 10 ounces. Their price is primarily based on their purity and weight. Gold bars must meet a minimum purity standard of 99.5%. Each bar is stamped with details like its weight, purity, and serial number. Gold bars can be:
Hand-poured, cast, and minted ingots
A blend of old and new techniques, offering an artisanal, rustic appeal.
Hand-poured bars
Uniquely shaped with slight imperfections, showcasing the traditional goldsmithing process.
Cast bars
Showcases modern precision with clean lines and a uniform matte finish, optimized for easy storage.
Minted bars
Highly refined, featuring high-gloss finish, sharp edges and tamper-evident packaging for added security.

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