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Vermont is the second-least populated US state, and the only New England state that does not border the Atlantic Ocean. Major industries in Vermont are government spending, health care, durable goods manufacturing, agriculture, and finance. Mining plays only a small role, with stone quarrying comprising most of it. Indeed, the Rock of Ages quarry in Vermont is the largest dimension stone quarry in the United States.
Vermont is not very urbanized. Burlington, the largest city, had a 2010 population of under 50,000 residents. Despite the small population, there are many top gold and silver dealers in Vermont, as residents of the state tend to heavily invest in silver and gold bullion.
Are There Taxes on Buying Gold and Silver Bullion in Vermont?
There are no sales tax exemptions for buying gold and silver in Vermont. The tax laws in Vermont even go so far as to specify that coins and bullion purchased for any other use than as for a medium of exchange are fully taxable. This excludes all precious metals bullion, numismatic coins, and other collectibles, except for those that are currently used as circulating money. Coins, paper money, and precious metals bullion are all fully taxed at the current Vermont sales tax rate of 6%, and local and county taxes can sometimes increase this tax rate further.
CBMint is not based in Vermont, so residents of Vermont 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. You can read more about the tax laws on buying bullion in Vermont here:
http://www.state.vt.us/tax/pdf.word.excel/legal/regs/19701.pdf
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 Vermont.
List of Vermont Cities with Gold and Silver Dealers
- Burlington
- South Burlington
- Rutland
- Montpelier
Featured Gold and Silver Dealers in Vermont (VT)
Listed below is a small sample of featured bullion and coin dealers in Vermont. If you would like to suggest any additional Vermont coin or bullion stores to add to this list, feel free to Contact CBMint and let us know.
Vermont Coin and Jewelry
A PCGS and NGC authorized Vermont coin dealer, Vermont Coin & Jewelry recently moved to a larger location. Their product offerings include many historic and rare US coins, such as Peace and Morgan silver dollars, Seated Liberty silver coins, 90% junk silver, proof coins, mint sets, coin collecting supplies, and other numismatic items, such as tokens and medallions. They buy and sell silver and gold jewelry, including sterling silver. Vermont Coin also buys and sells precious metal bullion of all kinds, making them one of the best Vermont gold and silver dealers. They offer American Eagles, Canadian Maple Leafs, gold Krugerrands, silver bars and rounds, platinum bars, and scrap silver and gold.
150 Dorset Street
South Burlington, VT 05403
(802) 497-0943
Queen City Coins
A lifetime ANA member, Queen City Coins has a great selection of collectible US and world coins, and is among the best coin dealers in Vermont. Their selection includes slabbed coins, graded coins, proof coins, pre-1933 US gold coins, silver dollars, cents, nickels, and more. A small, family-owned shop, they excel at personalized service, and are known for helping Vermont customers track down rare and hard to find coins. Queen City Coins also buys and sells gold and silver bullion, such as scrap gold, sterling silver, jewelry, and junk silver coinage.
1174 Williston Road
South Burlington, VT 05403
(802) 864-7840
Martin’s Coins and Jewelry
Martin’s Coins is one of the largest and most prolific of the bullion and coin dealers in Vermont. They have a wide selection of numismatic items, with coins and bullion products for all price ranges. New buyers looking to invest in silver and gold in Vermont will find Martin’s Coins to carry many products that fit any budget. They are also known for having some of the lowest silver and gold prices in Vermont.
The owner is an ANA-certified numismatist, and offers his customers appraisals and coin grading services. Martin’s also sells and buys gold and silver scrap, jewelry, and bullion bars and rounds. Some of their products can be purchased online, but most of their business is done through their South Burlington storefront. Their selection often changes, so be sure to visit the store and see what products are currently on offer.
1525 Shelburne Road
South Burlington, VT 05403
(802) 658-2646
International Coins and Currency
Since the 1970s, International Coins and Currency has served the coin collecting community of Vermont with a great range of high-grade coins and gold and silver bullion. They specialize in rare US and foreign coins, such as Morgan silver dollars, Peace dollars, PCGS and NGC graded coins, proof coins, commemorative silver coins, tokens, and mint sets. International Coin also buys and sells gold and silver bullion, such as gold Krugerrands, American Eagles, Suisse silver bars, junk silver, jewelry, and platinum coins and bars. Many of these products can be purchased on the International Coins and Currency website, where current gold, silver, and platinum prices are also posted.
62 Ridge Street
Montpelier, VT 05602
(800) 451-4463
Puro’s Coins and Jewelry
Puro’s is also called Vermont Coins. Located in Rutland, Puro’s is an NGC and PCGS authorized coin dealer, striving to be one of the best coin shops in Vermont. They offer grading services and appraisals, and they actively buy coins and bullion from the public. Their coin offerings include pre-1933 gold coins, silver dollars, 90% silver coinage, Canadian coins, graded coins, proof coins, exonumia, precious metals jewelry, sterling silver tableware, scrap gold, world gold and silver coins, and silver bars. Puro’s Coins maintains a website, where they sell some gold, silver, and coins, and where they display current prices for silver and gold bullion.
38 Strongs Avenue
Rutland, VT 05701
(800) 655-1327
Product Selections on CBMint: Gold Silver Platinum Palladium All Products
