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Wisconsin has always had close ties to agriculture, especially the dairy industry, causing Wisconsin to be well-known for its production of cheeses. Tourism and manufacturing are also key players in the economy here. Brewing, especially in the Milwaukee area, is also big business in the state.
Mining activities, including gold and silver, have also taken place in the state. The population of the state has a long history of investing in precious metals, and there are many top gold and silver dealers in Wisconsin to accommodate this.
Are There Taxes on Buying Gold and Silver Bullion in Wisconsin?
There are currently no sales tax exemptions when you buy silver and gold in Wisconsin, with one exception. In-state purchases of coins, other precious metals, tokens, paper currency, and other numismatic collectibles are all subject to the Wisconsin state sales tax of 5%. Exempted from this are purchases of coins and currency when such purchases are made at face value. Investors who buy silver and gold in Wisconsin, yet store the physical metal out of state, may also make these purchases tax-free. Again, to qualify, the precious metals bullion must be stored at a location outside of the state. In addition to the 5% state sales tax, local sales and use taxes may increase the overall rate.
CBMint is headquartered in Wisconsin, so residents of Wisconsin still must pay sales taxes when buying bullion online from CBMint, unless they are storing the gold, silver, or platinum bullion outside of the state. Please feel free to Browse our Selection of tax-free bullion products. More about the applicable laws regarding investing in silver and gold in Wisconsin can be read here:
http://docs.legis.wi.gov/code/admin_code/tax/11/IX/79/4
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 Wisconsin.
List of Wisconsin Cities with Gold and Silver Dealers
- Milwaukee
- Madison
- Eau Claire
- Green Bay
- Wasau
- Appleton
Featured Gold and Silver Dealers in Wisconsin (WI)
Listed below is a small sample of featured bullion and coin dealers in Wisconsin. If you would like to suggest any additional Wisconsin coin or bullion stores to add to this list, feel free to Contact CBMint and let us know.
Jim’s Coins and Stamps
Jim’s Coins is a full member of the American Numismatics Association, and is a full-service Madison coin dealer, offering appraisals, grading submission services, coin collecting supplies, and advice to buyers looking to invest in gold and silver bullion in Wisconsin. Jim’s stocks a wide array of historic and rare US coinage, including Morgan silver dollars, 90% silver coins, silver half-dollars, foreign coins, and silver and gold bullion coins, such as American Eagles and Canadian Maple Leafs. Jim’s Coins also carries a wide range of stamps and other numismatic collectibles, like tokens and medallions. They buy silver and gold bullion from the Wisconsin public, and post current silver, gold, and platinum spot prices on their website and in their Hilldale Mall storefront.
702 North Midvale Boulevard B-2
Madison, WI 53705
(608) 233-2118
Capital City Coins and Jewelry
A family-owned coin and bullion store located near Madison, WI, Capital City Coins has shifted their specialty to precious metals, and has become one of the best places in Wisconsin to buy gold and silver bullion. They have a wide product selection and feature low price premiums on their silver and gold bullion. Common staples among their offerings are silver bars of all sizes, gold bars, platinum coins and jewelry, American Eagles, high-grade Morgan silver dollars, Peace dollars, Canadian Maple Leafs, South African Gold Krugerrands, and world silver and gold coins and rounds.
Capital City Coins and Jewelry also buys and sells a wide range of other collectibles, like clocks and watches, scrap silver and gold, stamps, gems, and other numismatic items, like tokens and medals. They publish their current wish list on their website, along with current spot prices for silver, gold, and platinum. Be sure to visit their showroom to see their entire range of coins and bullion.
6025 Monona Drive
Monona, WI 53716
(608) 221-0140
Civitas Galleries
Civitas focuses on extremely rare coinage, including ancient coins, shipwreck coins, and investment-grade coins. This unique focus makes Civitas one of the best coin dealers in Wisconsin, and coin collectors often travel from far away to view their gallery of rare and exotic coins. They are both an NGC and PCGS approved coin shop, and offer grading and appraisal services. Civitas Galleries also buys and sells gold, silver, and platinum bullion, especially bullion coins such as Gold Krugerrands, American Eagles, and Austrian Silver Philharmonics. The Civitas Galleries website lists prices for many of their coins, along with silver and gold prices.
6800 University Avenue
Middleton, WI 53562
(608) 836-1777
Greater Milwaukee Coin
A large Milwaukee, WI coin shop, Greater Milwaukee Coin is a PCGS and NGC approved dealer and offers a full gamut of services, including appraisals, grading services, collecting supplies, consignment services, and professional advice to both coin collectors and investors looking to buy silver and gold in Wisconsin. Greater Milwaukee Coin is particularly well regarded for their wide selection of historic and rare US coins in all grades and price ranges. Common examples are Morgan silver dollars, large and small cents, half-cents, nickels, dimes, 90% silver coins, silver half-dollars, and pre-1933 US gold coins, such as the Saint-Gaudens Gold Double Eagle.
Greater Milwaukee Coin also carries precious metals bullion, including silver bars, platinum coins, fractional gold bars, American Eagles, Canadian Maple Leafs, US Gold Buffaloes, and much more. They buy silver and gold bullion from the public, and are known for offering fair prices on bullion purchases. Be sure to visit their large showroom to see their current product offerings.
4040 Calhoun Road North
Brookfield, WI 53005
(262) 781-4200
Kaminski Coin Company
A locally-owned Wisconsin coin and bullion dealer located around 45 miles from Madison, Kaminski is a PCGS and NGC authorized coin dealer, and offers grading and appraisal services. Their knowledgeable staff also offers investment advice, both to numismatic collectors and investors looking to buy physical silver and gold bullion in Wisconsin. Kaminski, however, focuses on rare and high-grade US coins, and they have some of the most unique inventory in Wisconsin, attracting buyers from all over the mid-west. They guarantee the condition of their coins, and they post the prices of some of their top end coins on the Kaminski Coin Company website.
1411 Michigan Avenue
Wisconsin Dells, WI 53965
(877) 254-7908
Product Selections on CBMint: Gold Silver Platinum Palladium All Products
