McDonough Gold and Silver Buyers is a locally owned precious metals buyer serving McDonough, Valdosta, and the surrounding South Georgia region. We specialize in the in-person buying of gold, silver, coins, bullion, jewelry, silverware, and estate collections.
Our business operates under Melton and Smith Investments, LP, a family-owned limited partnership that owns and licenses multiple precious-metals buying locations throughout Georgia. All of our locations are properly registered, licensed, and operated under this parent entity.
Our Locations
We currently operate physical storefront locations in:
McDonough, Georgia
Operating under the trade name McDonough Gold and Silver Buyers
Valdosta, Georgia
Operating under Georgia Gold Buyers.
While individual locations may operate under different “doing business as” (DBA) names, all locations are owned, managed, and licensed through Melton and Smith Investments, LP. This structure allows us to serve multiple communities while maintaining centralized compliance, accounting, and operational oversight.
Our Commitment
As a family-owned operation, we take pride in operating transparent, ethical, and compliant businesses in the communities we serve. Whether you visit us in McDonough or Valdosta, you can expect the same standards, professionalism, and accountability.
If you have any questions regarding our business structure, licensing, or locations, we are happy to provide additional documentation upon request.
Business Structure & Licensing
Melton and Smith Investments, LP functions as the parent investment and operating company for our family of businesses. This entity holds the applicable business registrations and licenses required to operate precious-metals buying locations in Georgia.
Because of this structure:
Our websites may reference individual DBA names tied to specific locations
Business licenses, banking, and compliance documentation may list Melton and Smith Investments, LP as the legal operating entity
All locations follow the same internal compliance standards, recordkeeping procedures, and verification processes
This is a common structure for multi-location businesses and ensures consistency, accountability, and regulatory compliance across all storefronts.
How We Operate
In-person transactions only
Appointments and walk-ins accepted
Precious metals verified using industry-standard testing methods
Transparent pricing based on market conditions
Licensed, insured, and compliant operations
We do not operate as an online marketplace or shipping-based buyer. All transactions take place face-to-face at one of our physical locations.
Gold Price Charts
Live Gold Price
Live Gold Spot Price
Gold price by GoldBroker.com