Buy Gold and Silver in South Carolina
South Carolina was one of the original thirteen US states, and the first to ratify the Articles of Confederation. Agriculture plays a large role in the economy of South Carolina, with dairy products, tobacco, and cattle predominating. Textiles, machinery, and paper products are also large industries here. Historically, several gold mines operated in South Carolina, though most of the gold has since been removed.
South Carolina has a large population, approaching 5 million people. Investing in gold and silver bullion is popular in the state, and there are many top gold and silver dealers in South Carolina to fill this niche.
Are There Taxes on Buying Gold and Silver Bullion in South Carolina?
There is a sales tax exemption when you buy silver and gold in South Carolina. Specifically exempted are gold, silver, and platinum bullion, or any combination thereof. Also exempt from sales taxes are coins which are legal tender in the US or other jurisdiction, as well as paper currency. This exemption features no minimum purchase price, so most bullion and numismatic purchases in South Carolina are free of sales tax. Certain items do not meet the criteria, such as tokens and medallions. All non-exempt numismatic items are subject to the current state sales tax of 6%. Counties and cities may impose additional sales and use taxes.
CBMint is not based in South Carolina, so residents of South Carolina do not have to pay any sales taxes when buying bullion online from CBMint. Please feel free to Browse our Selection of tax-free bullion products. More about the applicable laws regarding investing in silver and gold in South Carolina can be read here:
Please note, we are not tax professionals or experts. Individuals are sometimes liable to pay local Use taxes. Contact your state and local tax authorities for all laws concerning taxes when buying bullion locally in South Carolina.
List of South Carolina Cities with Gold and Silver Dealers
Featured Gold and Silver Dealers in South Carolina (SC)
Listed below is a small sample of featured bullion and coin dealers in South Carolina. If you would like to suggest any additional South Carolina coin or bullion stores to add to this list, feel free to Contact CBMint and let us know.
Gilbert Coin and Collectible Exchange
Gilbert Coin is an NGC and PCGS authorized dealer, and the largest in the county. Their wide range of coins and bullion appeals to a wide customer base, and Gilbert Coin is among the best gold and silver dealers in South Carolina. They feature low silver and gold prices on their bullion bars, rounds, and coins. Included in the latter are American Silver Eagles, gold bars, platinum coins, Canadian Maple Leafs, Chinese Pandas, and South African Gold Krugerrands.
Gilbert carries a great selection of historic US coins, such as Morgan silver dollars, Peace dollars, 90% silver coinage, proof coins, certified coins, and investment-grade coins. Their website allows you to view and buy coins online, and also displays current silver and gold spot prices.
079-H Augusta Highway
Gilbert, SC 29054
M & J Coins and Prospecting
M & J is a PCGS-authorized dealer who specializes in gold and silver bullion. In particular, they focus on gold coins, such as American Gold Eagles, Gold Double Eagles, Gold Krugerrands, and Canadian Gold Maple Leafs. Their specialization has made M & J into one of the best gold dealers in South Carolina. They do carry a wide range of silver bullion bars, coins, and rounds, in addition to their fine gold bullion selection. They buy and sell 40% and 90% junk silver coins, precious metals scrap and jewelry, and platinum bullion.
M & J Coins also offers a range of rare and historic US collectible coins, as well as world gold and silver coins. They offer appraisals, grading services, and advice to South Carolina buyers looking to invest in silver and gold bullion.
10471 Asheville Highway #9
Inman, SC 29349
Palmetto Galleries is a PCGS, NGC, and US Mint authorized dealer. They focus on numismatic collectibles, especially rare US coinage and US Mint products. Located in Columbia tor over 30 years, Palmetto Galleries is one of the best coin dealers in South Carolina, with a huge product selection containing all manner of collectible coin. Common staples are Morgan silver dollars, pre-1933 US gold coins, pre-1964 silver half-dollars, quarters, and dimes, half-cents and large cents, nickels, paper currency, tokens, proof coins, and mint sets. Palmetto also has a nice selection of rare foreign coins.
Palmetto buys and sells silver and gold bullion, especially US Mint products like the American Silver Eagle, or the American Gold Buffalo. They do not list their hours of operation, instead, call ahead and set up an appointment.
5220 Two Notch Road
Columbia, SC 29204
S and S Coins and Supplies
S & S is a a large coin shop in South Carolina, specializing in coins from the 1900's. A wide array of rare US coins, including cents, nickels, Morgan and Peace silver dollars, paper currency, proof coins, and 90% silver coinage can be found here. They carry many slabbed and graded coins, raw coins, and investment grade coins, as well. S & S is well-known for being extremely helpful to new collectors or South Carolina buyers who invest in gold and silver bullion. They buy and sell scrap gold and silver, jewelry, and other numismatic items, such as tokens. You can view some of their coins and bullion on the S & S Coins and Supplies website, but to get pricing on coins, or gold and silver prices, you need to call the store itself.
1219 Boiling Springs Road
Spartanburg, SC 29303
Low Country Coins
Low Country Coins has a huge range of rare and collectible coins, making them one of the best coin dealers in South Carolina. They carry ancient coins, world silver and gold coins, platinum coins, cents, dimes, nickels, 90% silver quarters, Walking Liberty silver half-dollars, Morgan silver dollars, Barber quarters and halves, and Franklin and Kennedy silver half-dollars. They buy and sell 90% junk silver, as well. They also offer appraisals and coin collecting supplies.
The precious metals bullion selection at Low Country Coins includes silver bars, American Eagles, fractional gold bars, Canadian Maple Leafs, and Gold Krugerrands. They buy bullion and coins from the South Carolina public, so be sure to check in often, as their product selection frequently changes.
7800 Rivers Avenue #1010
North Charleston, SC 29406