Buy Gold and Silver in Virginia
Virginia is one of the original 13 US states and more US Presidents have been born in Virginia than any other state. The modern economy of Virginia is diverse, with agriculture, tourism, finance, manufacturing, government and military spending comprising the largest sectors. The state is relatively affluent -- many of the nation's highest-income counties are in Virginia.
The population of the state is over 8 million people, and investing in bullion and coins is very popular in the state. There are several top gold and silver dealers in Virginia to serve this large market.
Are There Taxes on Buying Gold and Silver Bullion in Virginia?
State law considers precious metal bullion, jewelry, and coins to be tangible personal property, therefore, when you buy gold and silver in Virginia, you must pay the current state sales tax of 5.3%. Investors who buy coins, paper money, and jewelry in Virginia also face the same 5.3% state sales tax. Local and county taxes can bring this total even higher -- for example, Northern Virginia has an additional 0.7% sales tax on top of the state sales tax. To date, efforts to legalize a sales tax exemption for investing in silver and gold bullion have failed.
CBMint is not based in Virginia, so residents of Virginia 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 Virginia.
List of Virginia Cities with Gold and Silver Dealers
Featured Gold and Silver Dealers in Virginia (VA)
Listed below is a small sample of featured bullion and coin dealers in Virginia. If you would like to suggest any additional Virginia coin or bullion stores to add to this list, feel free to Contact CBMint and let us know.
Liberty Coins is an NGC and PCGS authorized coin shop, and is one of the best coin dealers in Virginia. They focus on rare and collectible US coins, including high grade investment-quality coins, Morgan silver dollars, proof coins, large and small cents, mint sets, and circulation US gold and silver coins.They offer appraisals and grading submission services. Liberty Coins actively buys gold and silver coins from the public, especially Morgan silver dollars, Walking Liberty silver half-dollars, and other coins with high numismatic value. Liberty Coin maintains a website with current coin prices.
1125 Gaskins Road #200
Richmond, VA 23238
Harry Laibstain Rare Coins
An NGC and PCGS authorized coin shop in Norfolk, VA, Harry Laibstain has been doing business for over three decades. With an impressive array of rare US and world coins, Harry Laibstain has coin that fit the budget and needs of any investor, from beginning collectors to high-end investors. The vast selection of coins is impossible to describe iin detail, but includes Morgan silver dollars, Seated Liberty silver coins, silver half-dollars, rare cents and nickels, and gold and silver coins. Many certified rare coins at Harry Laibstain Rare Coins are worth thousands of dollars. Harry Laibstain offers consulting services, appraisals, grading submission services, and collecting supplies.
500 Main Street East #1200
Norfolk, VA 23510
Silver Eagle Coins
Silver Eagle Coins is an NGC-authorized dealer, specializing in rare US and world coinage. They carry slabbed coins, proof coins, investment-grade coins, silver dollars, ancient coins, pre-1933 US gold coins, paper currency, jewelry, and scrap silver and gold. Silver Eagle Coins also buys and sells silver and gold bullion, including bars, rounds, coins, and 90% junk silver coins. One of the best gold and silver dealers in Virginia Beach, they are known for having low prices on gold and silver coins, such as Canadian Maple Leafs, Chinese Pandas, and American Silver and Gold Eagles.
2724 Mall Drive North
Virginia Beach, VA 23452
Candl Coins and Stamps
For over 40 years, Candl Coins and Stamps has been among the best silver and gold dealers in Virginia Beach, with a wide array of precious metals bullion coins, rounds, and bars. Included are American Eagles, Canadian Maple Leafs, South African Gold Krugerrands, Austrian Silver Philharmonics, and many other world silver and gold coins. They offer low prices on silver rounds, with a nice selection from which to choose.
Candl Coins also carries a great range of collectible numismatic coins, such as silver dollars, 90% silver coins, US gold coins, cents, nickels, proof coins, and graded coins. Candl Coins is part of a nation-wide network of coin dealers, and, therefore, can help any collector track down elusive coins.
536 Independence Boulevard
Virginia Beach, VA 23462
David Lawrence Rare Coins
For over 30 years, David Lawrence Rare Coins has specialized in historic and rare US coinage, and is one of the best coin dealers in Virginia Beach. Their selection includes the whole gamut of rare US coinage, including high-grade cents, nickels, dimes, and 90% silver quarters. An extensive collection of silver dollars and silver half-dollars is also present, with famed pieces like Morgan and Peace silver dollars, Seated Liberty halves, Walking Liberty and Franklin silver half-dollars, Barber quarters, and much more.
David Lawrence also carries a range of ancient coins, foreign cons, and gold and silver bullion coins. Because they buy and sell coins and bullion from the public, the selection is always changing, so be sure to visit the storefront to see the latest product offerings.
PO Box 9174
Virginia Beach, VA 23450
Dominion Coin Company
The Dominion Coin Company is a large coin shop located in Chesapeake, VA. They concentrate on US coins, along with fine gold, silver and platinum bullion. Their product selection is vast, making Dominion Coin one of the best gold and silver dealers in Virginia. They carry platinum, gold, and silver coins, such as American Eagles, Canadian Maple Leafs, and gold Krugerrands. A wide choice of cheap silver bars, rounds, and ingots are also available. Dominion Coin is known for having low price premiums on gold and platinum bullion.
Dominion Coin is an NGC and PCGS authorized dealer, and carries a great selection of numismatic coinage, such as Morgan silver dollars, silver half-dollars, colonial coinage, proof sets, 90% silver coins, and much more. They host a website from which you can buy gold, silver, and many collectible coins. Current silver, gold, and platinum prices are also listed.
3304 Taylor Road
Chesapeake, VA 23321