If you live in New Hampshire, you have two main options for buying gold: driving to a local coin shop or opening a tax-advantaged Gold IRA online. While it feels safer to "hold it in your hand," New Hampshire residents often pay a premium for that privilege—both in markups and potential taxes.
New Hampshire: Tax-Friendly for Gold
New Hampshire exempts precious metals bullion from sales tax, making local purchases more affordable. However, you still miss out on IRA tax advantages.
1. Gold & Silver Tax Laws in New Hampshire
New Hampshire Tax Rules
New Hampshire has no state sales tax, making it very favorable for purchasing physical precious metals. This "Live Free or Die" state is popular with precious metals buyers from neighboring taxed states. There are no local sales taxes either.
*Tax laws can change. Consult a tax professional for your specific situation. A Gold IRA avoids state sales tax entirely by purchasing through a custodian.
2. The Danger of "Home Storage" in New Hampshire
Many New Hampshire residents ask: "Can I buy gold and keep it in my safe at home?"
The answer is yes, you can—but not with IRA money. If you try to do a "Home Storage Gold IRA" (sometimes called a Checkbook IRA) without strict compliance, you risk:
- Immediate distribution: The IRS treats it as a taxable withdrawal
- 10% early withdrawal penalty if you're under 59½
- IRS audit disqualification of your entire IRA
- No insurance coverage: Homeowner's policies typically cap precious metals at $200-$1,000
Storage Warning for New Hampshire Residents
New Hampshire faces nor'easter storms, occasional hurricane remnants, and harsh winters. The state's relatively small size means storage options are limited. Coastal areas face flooding risk. Many New Hampshire residents choose major depositories in Delaware or Texas for their Gold IRA storage.
3. Local New Hampshire Coin Shops vs. National Gold IRAs
Should you buy from a dealer in your city or work with a national firm?
| Feature | Local Coin Shop | National Gold IRA |
|---|---|---|
| Pricing | Higher overhead = Higher premiums | Volume pricing = Lower premiums |
| Sales Tax | Exempt in New Hampshire | No sales tax (IRA purchase) |
| Tax Benefits | None (post-tax money) | Tax-deferred or tax-free (Roth) |
| Selection | Limited to current inventory | All IRS-approved bullion |
| Storage | Your responsibility (risky) | Insured depository included |
| Insurance | Limited homeowner's coverage | Full Lloyd's of London coverage |
Top-Rated Gold IRA Companies Serving New Hampshire
These nationally-licensed Gold IRA dealers serve New Hampshire residents and handle all IRA paperwork, custodian setup, and secure storage:
Augusta Precious Metals
Best for: High-net-worth investors ($50k+) who want education-first approach
A+ BBB Rating | Zero Complaints | Serves New Hampshire
Goldco
Best for: First-time investors ($25k minimum) with excellent hand-holding
A+ BBB Rating | 5,000+ 5-Star Reviews | Serves New Hampshire
Noble Gold Investments
Best for: Smaller accounts ($20k) & Texas storage option
A+ BBB Rating | Low-Pressure Sales | Serves New Hampshire
4. Next Steps for New Hampshire Investors
If you're ready to protect your retirement with gold, here's the process:
- Request a free kit from one of the companies above to learn about pricing and process
- Speak with a specialist who can answer your questions (no obligation)
- Choose your metals from IRS-approved gold, silver, platinum, or palladium
- Fund your IRA via rollover (401k, existing IRA) or direct contribution
- Metals ship to depository where they're stored securely in your name
The entire process typically takes 2-3 weeks. Your specialist handles all the paperwork with your existing retirement account custodian.
New Hampshire Residents: Protect Your Retirement
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Written By
Thomas Richardson
Thomas is a former wealth manager with 20+ years of experience. He founded Rich Dad Retirement to expose the flaws of traditional "paper asset" retirement planning and educate Americans on the stability of physical precious metals.