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Gold & Silver FAQ

Answers to common questions about buying and selling gold and silver coins in Citrus County. Learn about delivery, pricing, tax rules, and more from Citrus County Gold & Silver

Frequently Asked Questions
By Citrus County Gold & Silver – Inverness, FL
💬 Why should I invest in gold or silver?
Gold and silver are real, tangible assets that protect against inflation, currency debasement, and economic instability. They’re liquid, private, and free of counterparty risk.
📉 When is the best time to buy?
The best time to buy was yesterday. The next best time is today. Precious metals remain in a long-term bull market.
💰 What’s the best way to buy gold and silver?
Choose low-premium bullion products such as: 90% U.S. silver coins 1 oz rounds or 10 oz bars Fractional gold coins Avoid rare or collectible coins unless you’re experienced.
💼 Do you offer wholesale pricing?
Yes! Save 20–30% or more on premiums compared to big online retailers.
We’re wholesalers — not just a coin shop. That's why we have the lowest premiums around!
📦 Can I take physical delivery?
Absolutely. If you don’t hold it, you don’t own it. We always recommend physical delivery.
🧠 Do you offer investment guidance?
Yes. We have personalized -step by step- portfolio strategies, just ask us what best fit your case!
🏦 Can I use my retirement account (IRA)?
Yes, through a self-directed metals IRA. Ask us how!
🚫 What should I avoid buying?
Avoid: Rare coins, notes, and numismatics unless you’re an expert Coins from pawn shops or jewelry stores Raw or ungraded coins
📍 Where are you located?
Based in Inverness, FL 34451. We offer fully insured shipping with tracking and signature required for all our shipping. We have clients nationally!
✍️Do you serve customers from The Villages?
Yes. Citrus County Gold & Silver regularly works with clients from The Villages, Inverness, and surrounding Citrus County and Hernando communities. Several of our recent 5-star reviews come directly from customers in The Villages.
🔑Do I need to visit in person?
Not always. Many of our clients — including several from The Villages — complete transactions by phone with secure payment and fast shipping. In-person estimates are always available for larger collections.
🧠 Is it better to work with a local dealer during volatile markets?
Yes. During periods of price volatility, working with a trusted local dealer allows for real-time pricing, transparency, and immediate settlement, which many online platforms cannot offer.
🕒 What are your business hours?
Monday to Friday, 9:00 AM to 5:00 PM. By appointment only — call to schedule.
💵 Will my purchase or sale be reported?

Most sales or purchases are NOT reported. I will guide you in all the steps from buying to selling when you are ready to lock profits! Even cash purchases over $10,000 only report the cash, not the metal. Smaller transactions? No reporting required.
💬 Do you buy broken or scrap gold jewelry?
Yes! Even if it’s broken chains, mismatched earrings, or dental gold — it still has value. We pay based on pure gold content, not appearance.
💬 How much is 10K, 14K & 18 K gold worth per gram in Inverness, FL?

The value changes daily based on the gold spot live price. Call us for a free appraisal — we pay top dollar for gold jewelry, coins, and scrap. We show you the live spot price and calculate your payout per gram on the spot. Most pawn shops pay 70–80% of melt value. We consistently A LOT more.
💬 Do you offer free gold & silver appraisals in Inverness?
Yes, we provide free, no-obligation appraisals for coins, bullion, and jewelry. Many clients drive from Crystal River, Homosassa, and The Villages because they know we’re honest and transparent.

💬 Rare Coins vs. Bullion: What’s the difference, and which is better for me?
Rare coins (numismatics) are valued mainly for their rarity, history, and collector demand. Prices can be unpredictable, and premiums are often much higher than the actual gold or silver content. They are better suited for experienced collectors — not for investors. Bullion coins and bars, on the other hand, are priced closer to the live spot market and are the best choice for building wealth and protecting purchasing power. If your goal is long-term savings, inflation protection, or easy resale, bullion (like American Gold Eagles, Silver Maples, and 90% U.S. coinage) is the way to go. 👉
💬 What’s the best place to buy gold & silver in Citrus County & vicinity?
The best place to buy precious metals is from a trusted local wholesaler. Buying from online retailers often means paying 20–30% higher premiums. Pawn shops and jewelry stores usually don’t carry investment-grade bullion at fair prices. Citrus County Gold & Silver is your local direct wholesaler — that means lower costs, live pricing, and real in-person service. We carry popular bullion coins and bars like
Gold Eagles, Gold Maples, Silver Eagles, and Silver Maples plus all rare coins and numismatics products.
💬Do you serve customers in Spring Hill and Hernando County?
Absolutely. Even though our main activity is in Inverness, we work with clients from Spring Hill, Brooksville, and all across Hernando County every week. Most choose us because we offer same-day or 24–48 hour payouts — not the long two-week waits you find elsewhere.

💬Why do many Hernando County residents come to Citrus County Gold & Silver instead of selling locally?
Simple: We are the only wholesalers in central FL: we pay more and faster.
Many customers tell us other shops or mail-in buyers take up to two weeks and pay less. At CCGS, we use direct wholesale pricing and handle all transactions locally, so you get your payment within 1–2 business days.
💬What types of items do you buy from Spring Hill & Hernando County customers?
We purchase: Gold and silver coins (U.S. & foreign) Bullion bars and rounds Jewelry (scrap or fine) Platinum and palladium Sterling silver and collectibles No collection is too small or too large — we serve individual sellers, investors, and estates.
👉 Buy direct, avoid middlemen, and save more. Call today!

📞 Still have questions?
Call or text us at (786) 208-6321
Or visit www.CitrusCountyGoldAndSilver.com
Email: citruscountygoldandsilver@gmail.com
Proudly serving Citrus County, Inverness, Lecanto, Crystal River, Homosassa, 
Spring Hill, Hernando County & The Villages                                                                              See the latest tips on our blog     
                                                                 
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