Gold mining has been a major industry in Alaska since the 1896 Klondike Gold Rush. To date, more than 40 million troy ounces of gold have been mined; at today’s market rate, the total value of this gold is more than $12 billion. According to the State of Alaska, it is the state’s most valuable non-energy commodity.
Due to its well-known association with gold, Alaska is one of the country’s largest markets for gold bullion. Despite the popularity of gold and silver investment here, there are few large Alaska coin dealers, primarily concentrated in Anchorage, the largest city in the state.
If you are looking for coin shops in specific cities located in the state of Alaska be sure to check out our other local directory pages:
Below is a list of local precious metals dealers in Alaska, including directions to each local shop.
As one of Alaska’s best-known precious metal dealers, they have served the state’s bullion investors for more than three decades. With locations in both Fairbanks and Anchorage, their knowledgeable staff members are ready to assist you with all of your gold and silver investment needs, whether you are buying or selling.
Their inventory consists of top-quality precious metal bars, rounds, and coins, and they offer reasonable prices whether you are looking to add to your collection or sell your investment. In addition to gold and silver, they also offer platinum and palladium products. Oxford Assaying & Refining operates their own refinery, and also offers custom minting services.
3406 Arctic Boulevard
Anchorage, Alaska 99503
(907)561-5237
Alascoin, a division of Carl’s Jewelers, has operated in Anchorage for more than half a century. Established before Alaska became a state, Alascoin is noted for top-notch customer service, and specializes in paper currency and rare coins.
Alascoin also provides gold nuggets, diamonds, silver, and platinum. Shop at Alascoin for top quality precious metals at reasonable prices.
3901 Old Seward Hwy #2
Anchorage, Alaska 99503
(907) 561-CARL
This small coin shop is a great local resource for coins and bullion, along with other numismatic collectibles. While the selection is fairly small compared to that offered by large-scale precious metal dealers, Uncommon Cents is known for friendly service, and is more than welcoming to new investors or collectors who wish to learn more about the numismatic world.
10355 E Palmer Wasilla Hwy
Palmer, AK 99645-8821
(907) 745-7887
Also browse the gold and silver mints local to Alaska. Some of these mints offer retail products, while others are wholesale only.
The Alaska Mint is the northernmost mint in the United States. They offer a wide variety of gold products, including jewelry, knives, and other gifts. Since 1990, the Alaska Mint has also minted their own custom gold and silver rounds. The artwork on these medallions often features local Alaskan designs, making these rounds highly collectible.
They are produced in very small numbers each year, and are prized by local investors. Their most unique offering, however, is raw gold nuggets from gold veins throughout the state. The Alaska Mint is considered to be a local fixture; located in downtown Anchorage, it is the starting point of the famed Iditarod Sled Dog Race.
429 West 4th Avenue
Anchorage, Alaska 99501
(800) 770-6468
Oxford Assaying & Refining, also one of the state’s best known precious metal dealers, offers custom minting services. Oxford Assaying mints custom rounds in silver and gold, as well as base metals like bronze and copper, and offers design services to those wishing to design their own medallions.
3406 Arctic Boulevard
Anchorage, Alaska 99503
(907) 561-5237
Thank you for reading our guide to gold and silver buying in Alaska. If you know of any other coin or bullion shops in AK, please contact us so we can update our directory.