Buy Gold and Silver in Texas
Texas is the second-largest US state in both terms of area and population. Texas has a huge and diverse economy, including extraction industries such as oil, gas, and coal. Defense and aerospace industries, government spending, manufacturing, transportation, and agriculture make up the most significant sectors of the economy of Texas. Historically, gold and silver were mined in Texas, and the state is still the home of NTR Metals.
The large population of Texas is rapidly growing and becoming increasingly urbanized, served by a large number of top gold and silver dealers in Texas, who buy and sell gold, silver, platinum, coins, and more from the ever-growing population.
Are There Taxes on Buying Gold and Silver Bullion in Texas?
Texas has an sales tax exemption for gold, silver, and platinum bullion purchases, as well as purchases of certain numismatic coins. The exemption only kicks in for purchases of at least $1,000, after the face value of any coins has been subtracted. The applicable Rule §3.336, “Gold, Silver, Coins, and Currency,", can be read in full here:
Due to the $1,000 minimum purchase for the exemption to kick in, many Texas buyers looking to invest in gold and silver bullion wait until they are making larger purchases. Keep in mind that many numismatic items such as tokens, medallions, and paper currency, do not qualify for the exemption, even if the overall purchase amount meets the $1,000 threshold. All such purchases, as well as coin and bullion purchases under $1,000, are subject to the Texas state sales tax rate of 6.25% Many local jurisdictions also apply additional tax, which can bring the overall tax rate higher than 8% in some cases.
CBMint is not based in Texas, so residents of Texas 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.
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 Texas.
Local Gold and Silver Dealers in Texas, by City:
Featured Gold and Silver Dealers in Texas (TX)
Listed below is a small sample of featured bullion and coin dealers in the state of Texas. If you would like to suggest any additional Texas coin or bullion stores to add to this list, feel free to Contact CBMint and let us know.
Lone Star Coins
Lone Star Coins has served the residents of San Antonio for over 40 years, and is still, today, one of the best coin shops in Texas. They specialize in rare coins, including high-grade US coins, certified coins, ancient coins, world coins, proof coins, and mint sets. They also offer stamps, and other numismatic items such as tokens. Lone Star Coins is also one of the best gold and silver dealers in Texas, buying and selling a wide range of fine gold and silver bullion, including bars, ingots, coins, and rounds. Their website has a live feed for current silver and gold prices on products, such as American Eagles, Canadian Maple Leafs, Gold Libertads, Krugerrands, and much more. They buy coins and bullion from the public, so their offerings are always changing.
15909 US Highway 281 North #123
San Antonio, TX 78232
Austin Rare Coins and Bullion
Austin Rare Coins has a great selection of rare US coins, such as pre-1933 US gold coinage, certified rare coins, proof coins, exonumia, and high-grade rare US coins. They offer appraisals and are known as being extremely helpful in helping collectors find specific rare coins. They also sell and buy gold, silver, and platinum bullion, and are regarded as one of the largest silver and gold dealers in Austin, Texas. Their gold bullion coin offerings include American Gold Eagles, Gold Philharmonics, Gold Britannias, Gold Maple Leafs, Krugerrands, and much more. They also carry a full range of fine gold and silver bullion bars of all sizes.
10500 Pecan Park Boulevard #250
Austin, TX 78750
Dallas Rare Coins
For over 30 years, Dallas Rare Coins has been one of the best coin shops in Dallas, Texas, with an emphasis on US rare coinage. They are a lifetime ANA member, and offer appraisals and advice to new coin collectors, as well as experienced numismatists and gold and silver investors. They have a huge selection which is always changing, including proof coins, mint sets, certified coins, world gold and silver coins, pre - 1933 US gold coins, Morgan silver dollars, Peace silver dollars, Franklin halves, 90% mixed silver coinage, and much more. Dallas Rare Coins also deals in scrap silver and gold, as well as gold and silver jewelry.
5211 Forrest Lane #101
Dallas, TX 75244
Fort Worth Coin Company, Inc.
A smaller coin shop in Fort Worth, Texas, the Fort Worth Coin Company is located right in the middle of downtown and has been in business for over 30 years. A PCGS-approved coin dealers, the Fort Worth Coin Company has an impressive range of both rare US coins and precious metal bullion. Their rare coin selection includes proof coins, certified coins, and investment-grade coinage. They also buy and sell silver, gold, platinum, and even palladium bullion, including bullion bars and bullion coins. They have an on-site coin and bullion expert to offer appraisals, offer advice, and guide you through their extensive product selection.
2820 7th Street West
Fort Worth, TX 76107
The Mulligan Mint
The Mulligan Mint (or M2) was founded in 2012 to produce gold, silver, and copper rounds to various designs. They typically manufacture nearly 30,000 troy ounces of silver, gold and copper rounds per day. Rather uniquely, the Mulligan Mint produces proof-like and proof bullion rounds in all three metals. They produce custom rounds in addition to rounds with themes of their own choosing. Common sizes are 1 ounce silver rounds, 5 ounce silver rounds, and 1/10 ounce gold rounds.
PO Box 802425
Dallas, TX 75380