What is the Los Angeles Gold & Silver?
Los Angeles Gold & Silver is a well-established precious-metals dealer and appraisal center located at 427 N Camden Drive, Suite F, Beverly Hills, CA. Operating since around 1989, the business specializes in buying, selling, and appraising rare coins, bullion (gold, silver, platinum), estate jewelry, diamonds, fine watches, antique silverware, and decorative arts—from historical documents to autographs and fine art Staffed by professional numismatists and GIA‑trained gemologists, the company provides free appraisals and a broad knowledge base in rare coins, antique silver, jewelry, watches, and even collectibles like photographs and historical memorabilia.
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With a 4.4‑star average across Yelp and Birdeye, latter-day customer reviews emphasize the shop’s fair pricing and helpful service. One Yelp review stated it was “the best place to sell gold in Los Angeles…pay[ing] me what they said over the phone…paid me in cash,” while Birdeye reviews describe staff as “helpful and honest” in assisting with coin appraisals
With over three decades of experience, this Beverly Hills business offers transparent, complimentary appraisals, competitive cash offers, and specialists across multiple collectible domains. Their sterling reputation, reliable credentials, and attentive customer service make it a legitimate and trusted destination for anyone seeking to buy, sell, or appraise precious metals, jewelry, and collectibles in Los Angeles.
Who are the People Behind Los Angeles Gold & Silver?
Founded in 1989, Los Angeles Gold & Silver in Beverly Hills is helmed by a seasoned team of experts specializing in numismatics, antique silver, estate jewelry, watches, and fine art. At the forefront is Michael Bonsignore, a GIA-trained gemologist and lifelong numismatist who has managed the shop since at least 2008 and serves as its principal or managing partner. Under his leadership, the business boasts over a billion dollars in handled numismatic and antique merchandise and is recognized for its depth of expertise.
Michael leads a team of specialist appraisers and consultants— all lifetime members of the American Numismatic Association— who perform free appraisals in a discreet, secure Beverly Hills office. Staff members often cited in reviews include Hutch and unnamed coin experts, praised for their thorough, transparent service. The business emphasizes its commitment to professional integrity and trust, delivering informed guidance on rare coins, bullion, estate jewelry, and antiques.
Together, Michael Bonsignore and his expert team ensure Los Angeles Gold & Silver operates at a high standard, blending deep industry knowledge, certified gemology, and discreet, customer-focused service. Their combined credentials, decades of experience, and clean reputation make them a credible and respected presence in the Beverly Hills precious metals and collectibles market.
Does Los Angeles Gold & Silver Offer IRA Services?
Los Angeles Gold & Silver (Beverly Hills) does not offer Gold IRA services. Their focus is on retail transactions—buying, selling, and appraising gold, silver, platinum, palladium bullion, rare coins, estate jewelry, fine watches, and antiques in-store—they do not provide IRA account setup, rollover services, custodial management, or IRS-approved storage options.
Gold IRAs require a self-directed IRA through an approved custodian, plus secure storage in IRS-sanctioned depositories, along with compliance with purity and reporting. Los Angeles Gold & Silver acts solely as a bullion and collectibles dealer; they do not hold or manage retirement accounts.
Thus, Los Angeles Gold & Silver is a highly reputable bullion dealer and appraiser, but they do not offer Gold IRA services. If you want physical metals for a retirement account, you’ll need to pair them with a self-directed IRA custodian.
What Products Can You Purchase at Los Angeles Gold & Silver?
Los Angeles Gold & Silver, a Beverly Hills staple since 1989, offers an extensive and diverse inventory tailored for collectors, investors, and aficionados of fine antiques.
Precious Metals & Numismatic Coins
- Gold, silver, and platinum bullion alongside rare and common coins—even professionally graded ones. They cater to all collectors, from those seeking fractional coins to investors after U.S. gold coins and bullion bars.
- Full-spectrum numismatics: U.S. and world coins, proof sets, mint sets, type coins, and key‑date collectors’ items.
Antique Silver & Estate Jewelry
- A curated selection of antique sterling silver items: flatware, tea sets, pitchers, and decorative pieces from the 17th to 20th centuries.
- Estate and designer jewelry, including diamonds and loose gemstones, appraised by GIA-trained experts.
Fine Watches & Collectibles
- High-end timepieces: Rolex, Breitling, pocket watches, and other fine brands.
- Additional collectibles: art glass, historical documents, autographs, photographs, paintings, sculptures, and decorative arts.
Currency & Ephemera
- Rare paper currency and banknotes, U.S. and foreign, along with ephemera such as historical documents and signed memorabilia.
With over 25 years of experience and a team of professional numismatists and GIA-trained gemologists, Los Angeles Gold & Silver provides free appraisals and expert guidance in a secure, discreet Beverly Hills location. Whether you’re investing, collecting, or selling, their comprehensive catalog and professional team make them a prime destination for valuable acquisitions and expert appraisals.
Los Angeles Gold & Silver Fees and Pricing:
Los Angeles Gold & Silver, a California Bullion Retailer based in Beverly Hills, maintains an open and fair pricing policy rooted in live market rates. They base all their buy and sell prices for gold, silver, platinum, and palladium on current New York spot prices, ensuring customers receive valuations tightly aligned with global commodity markets.
Key Pricing Features
- Bullion Pricing
Premium bullion products such as American Gold Eagles, Canadian Maple Leafs, South African Krugerrands, American Silver Eagles, 10 oz silver bars, and 100 oz silver bars are priced directly from spot, with real-time updates reflecting market fluctuations. - Refinable Metals
Jewelry, scrap gold and silver, and other miscellaneous items are weighed and graded by purity (karat for gold, percentage for silver). Buy prices are calculated per gram (gold) or per ounce (silver), using live spot rates, with testing done free of charge in view of the customer. - Numismatic & Collectible Items
For rare coins, antique silver, and estate valuables, the store provides free in-person appraisals, valuing items based on both precious metal content and collectible premium. They treat each piece on its own merit, ensuring fair offers. - No Hidden Fees
Pricing is transparent: there are no membership fees, surcharges, or hidden markups. The store is recognized by the U.S. Mint and maintains a clear policy of passing live market rates directly to customers.
Tax Note
Purchases in California may include a 7.25% sales tax on applicable bullion transactions, as per state tax rules.
If you’re selling scrap metals, bullion, or collectible items, Los Angeles Gold & Silver offers fair, spot-based pricing with no extra fees, backed by professional valuation and customer transparency. Their model empowers customers to transact confidently, knowing they’re receiving honest value directly tied to live market conditions.
Are There Any Los Angeles Gold & Silver Lawsuits?
There are no publicly known lawsuits or legal actions specifically targeting Los Angeles Gold & Silver. A review of court records and public databases shows no evidence of civil suits, regulatory complaints, or enforcement actions involving the Beverly Hills-based dealer. Despite not being accredited by the BBB, the firm maintains an A+ rating with no complaints flagged.
However, it’s important to note that the Los Angeles-area precious metals industry has seen unrelated legal troubles. For instance, a major CFTC and NASAA enforcement in 2023 targeted Regal Assets LLC in Beverly Hills for a $21 million fraudulent scheme involving the misappropriation of retirement funds. While Los Angeles Gold & Silver was not involved, these cases highlight the importance of due diligence in the precious-metals market.
Other firms in the region—including Safeguard Metals and the Oxford Gold Group—have faced federal investigations, class-action lawsuits, and numerous consumer complaints related to IRA rollovers and fraudulent schemes. Such cases often involve misrepresentation of markups, misleading sales tactics, and misuse of client funds.
Can You Trust Los Angeles Gold & Silver? Is Los Angeles Gold & Silver Legit?
Yes, Los Angeles Gold & Silver is widely regarded as a legitimate and trustworthy precious metals and collectibles dealer. Located in Beverly Hills since 2008, the firm is led by Michael Bonsignore, a GIA-trained gemologist, and backed by knowledgeable numismatic experts—their strong credentials support the credibility of the business.
The store holds an A+ rating with the Better Business Bureau, though it is not BBB‑accredited—a status that doesn’t necessarily reflect on integrity. There are no BBB complaints or regulatory actions filed against the firm, indicating stable and ethical business practices. Customer reviews consistently emphasize transparent, honest appraisals and fair pricing. One Yelp reviewer affirmed, “This place is legit and very helpful. I’ve sold gold and silver to them for the best prices I could find”.
Moreover, there are no known lawsuits or regulatory investigations involving Los Angeles Gold & Silver. While other Beverly Hills-based precious metals firms have faced scrutiny (e.g., Oxford Gold Group), this company remains free of controversy
With strong industry credentials, consistently positive customer reviews, no legal or regulatory red flags, and a professional, transparent approach to appraisals and transactions, Los Angeles Gold & Silver is a legitimate and reliable establishment for buying, selling, or appraising precious metals and collectibles.
Los Angeles Gold & Silver Review Summary:
Los Angeles Gold & Silver, based in Beverly Hills, is a well-established and highly regarded precious metals and collectibles dealer that has been serving clients since 1989. Specializing in gold, silver, platinum, rare coins, estate jewelry, watches, and antique silver, the shop is known for its professionalism, expert appraisals, and fair pricing. The business is led by Michael Bonsignore, a GIA-trained gemologist and seasoned numismatist, whose leadership has helped the company maintain a strong and reputable presence in the Los Angeles area.
Customers frequently praise the store’s transparency and integrity, with many reviews highlighting positive experiences when buying or selling items. Whether it’s rare coins, bullion, or estate valuables, the staff is noted for offering knowledgeable guidance and accurate evaluations. The company holds an A+ rating from the Better Business Bureau, with no complaints or legal issues on record, further reinforcing its credibility.
In addition to strong customer service, Los Angeles Gold & Silver provides free appraisals and bases its pricing on live market spot rates, making transactions both clear and competitive. In summary, the company stands out as a legitimate, trustworthy, and customer-focused option for anyone looking to buy, sell, or appraise precious metals and collectibles in Southern California.
