What does Gem State Gold and Silver have to offer, and are they the best precious metals investment company for you? If these are two of the questions you're curious about, you're in the right place.
Today, we're going to take a look at the products and services offered by Gem State Gold and Silver. Whether you're considering using them to set up a Gold IRA or simply want to purchase some gold and silver for a personal investment, we'll tell you what you need to know. Continue reading to learn more!
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About Gem State Gold and Silver
Gem State Gold and Silver is a small, family-owned business that was founded over 15 years ago. They focus primarily on in-person sales and interactions in the Boise, Idaho area. The company is owned by Marvin and Yvonne Tanner, who are dedicated to providing the best possible experience for their customers.
While Gem State Gold and Silver previously had a storefront location, they have changed their business model. Now, they focus on personal interactions and encourage clients to schedule a meeting with them to purchase precious metals pieces.
During the COVID-19 pandemic, Marvin Tanner was one of the first individuals to offer curbside service for purchasing precious metals. This should help you get a feel for how dedicated they are to their customers.
Buying Precious Metals
Gem State Gold and Silver offers a large selection of gold and silver coins and bars. All of their precious metals are held at a secure bank vault in Boise, Idaho.
While the website doesn't list the specific coins and bars that they offer, it does indicate that they "carry almost all forms of gold and silver coins and bars." Additionally, many of Gem State Gold and Silver's customers have shared that they like shopping with them due to their large selection.
If you think you're interested in purchasing gold or silver coins or bars from Gem State Gold and Silver, you can call or email the company. They offer meetings seven days a week around the Boise, Idaho area.
Selling Precious Metals
Do you have gold or silver coins or bars that you'd like to sell for cash? If so, Gem State Gold and Silver may be interested in buying what you have. If you'd like to learn more about how they operate and how selling precious metals works, give them a call or send an email.
Selling Old Gold and Silver Jewelry
Many other precious metals dealers will purchase gold and silver coins and bars, but not as many will buy old gold and silver jewelry. This is not the case with Gem State Gold and Silver.
If you have any old jewelry that you no longer want, you may be able to sell it to them. As we'll explain below, they can even analyze your jewelry to determine its exact make-up if you're not certain.
X-Ray Studies
One thing that really sets Gem State Gold and Silver apart from other gold dealers is the X-ray studies they offer. The company has created an 850 square foot chemistry and X-ray lab. They use this lab to analyze jewelry and other precious metals.
The star of the lab is the energy dispersant X-ray fluorescent spectrometer that was purchased in 2021. Gem State Gold and Silver invested over $100,000 in this machine to offer the most detailed and accurate results to their customers.
The spectrometer can analyze any material (aside from gas) and reveal its exact chemical make-up. Gem State Gold and Silver offers all sorts of testing applications with their new machine.
For example, if you'd like to learn how thick the gold or silver plating is on an object or piece of jewelry, the spectrometer can provide this answer down to the micrometer.
It can also help determine how much gold is present in black sand to aid in the recovery process.
If you're interested in having an X-ray study done, contact Gem State Gold and Silver. They offer a range of study options depending on your specific desires and budget.
Is Gem State Gold and Silver a Scam?
No, it does not appear that Gem State Gold and Silver is a scam. They are a legitimate company that serves the Boise, Idaho area. Gem State Gold and Silver holds an A+ rating from the Better Business Bureau and are highly rated on Google.
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Pros & Cons of Gem State Gold And Silver
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Final Thoughts
Gem State Gold and Silver has been serving the Idaho area for over 13 years. If you are local to this area and are looking for the right precious metals dealer, they may be a good option to consider. However, if you live out of Idaho, you may have more difficulty ordering from such a small business.
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