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Colorado is known as the Centennial State, as it was granted statehood in 1876 — 100 years after the US Declaration of Independence. Colorado has had a long and involved history with mining. Copper, lead, uranium, gold and silver mining have all been big industries in Colorado. Today, the economy of Colorado is much more diverse, including tourism, government services, manufacturing, and health care.
Colorado has a large population, especially the Denver metropolitan area. To serve this population, there are many top gold and silver dealers in Colorado. Friendly tax laws make buying silver and gold bullion in Colorado less expensive than in some other states.
Are There Taxes on Buying Gold and Silver Bullion in Colorado?
Retail sales of bullion and coins are not subject to state sales taxes in Colorado. The section of the law titled “Sales Tax Exemptions for Coins and Precious Metal Bullion” directly states that such sales of coin and bullion are exempt from the state sales tax rate of 2.9%. This exemption extends to local and county sales taxes, as well. The law exempts coins that are, or have been used as legal tender in the United States or any other nation. Bullion (gold, silver, platinum, palladium, and rhodium) is exempt if the total value of the bullion is derived only from the content of precious metals contained within the product.
Certain numismatic coins and collectibles, such as tokens and jewelry, do not fall under this exemption, as they do not meet either of the definitions above. When buying coins, bullion, or jewelry in Colorado, be sure to research if your purchases are taxable.
CBMint is not based in Colorado and Colorado residents do not have to pay any sales taxes when buying coins and bullion online from CBMint. Please feel free to Browse our Selection of tax-free bullion and coin products.
Different municipalities in Colorado have different local sales tax rates that can also be applied. Ensure that you familiarize yourself with all applicable tax laws before buying gold and silver bullion in Colorado. You can read more about Colorado sales tax laws 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 coins and bullion locally in Colorado.
Local Gold and Silver Dealers in Colorado, by City:
Featured Gold and Silver Dealers in Colorado (CO)
Listed below is a small sample of featured bullion and coin dealers in Colorado. Should you wish to recommend any Colorado coin or bullion stores to add to this list, feel free to Contact CBMint and let us know.
Rocky Mountain Coin
One of the best and most popular precious metals dealers in Colorado, Rocky Mountain Coin has been in business for over 25 years. Rocky Mountain sells proof coins, mint sets, rare and certified coins, gold, silver and platinum bullion, and even jewelry. They also offer a range of US and world coins, and they occasionally run live auctions for high-end pieces. Rocky Mountain Coin offers appraisal and coin grading services, and they even encourage coin hunters and would-be miners by selling a range of metal detectors and mining equipment. Rocky Mountain lists their current coin and bullion prices on their website.
538 South Broadway
Denver, CO 80209
Colorado Precious Metals and Coins
An ANA and PCGS member, Colorado Precious Metals and Coins offers its customers free product appraisals. They specialize in US and world coins, and offer a wide selection such as silver Morgan and Peace dollars, Mercury and Franklin silver dimes, Indian Head pennies, and much more. They buy and sell scrap precious metals bullion, 90% silver coinage, and gold and silver bars and coins, making them one of the best gold and silver dealers in Colorado Springs. They also buy gold and silver jewelry from the public.
317 Union Boulevard North
Colorado Springs, CO 80909
Hallenbeck Coin Gallery
Founded by numismatic expert Tom Hallenbeck, the Hallenbeck Coin Gallery has been one of the best coin shops in Colorado Springs for over 30 years. Hallenbeck Coin sells and buys US and world coins, including certified coins, proof coins, pre-1933 US gold coins, and silver dollars. Hallenbeck also is one of the top gold and silver dealers in Colorado Springs, and buys and sells a large range of precious metal bullion products, such as American Gold Eagles, Canadian Silver Maple Leafs, Krugerrands, and world gold and silver bullion coins. Hallenbeck is also famous for using their wide dealer network to help customers find specific rare coins. Their showroom is large, and they are both NGC and PCGS certified.
711 North Nevada Avenue
Colorado Springs, CO 80907
All American Coin and Jewelry
A family-owned coin shop in Colorado Springs, All American Coin and Jewelry has been, for over 25 years, a top silver and gold dealer in Colorado. They offer prices on gold and silver bullion products, and actively buy silver, gold, and coins from the public. They offer free appraisals on coins, bullion, and jewelry. They list products on their website, but their selection is always changing, so be sure to pop into the store itself to get a full inventory of what coin and bullion products are available.
414 8th Street South
Colorado Springs, CO 80905
Colfax Coin Center
For over 30 years, Colfax Coin Center has been one of the best gold and silver dealers in the Denver, Colorado area. Located in Lakewood, a west suburb of Denver, Colfax specializes in high-end US coins and gold and silver bullion. They offer certified coins, proof coins, mint sets, and rare and high-grade US coins. They actively buy and sell gold and silver bullion, and feature such products as the American Silver Eagle, Canadian Gold Maple Leaf, and many world silver and gold coins. They offer free appraisals and have a well-deserved reputation for offering great prices on gold and silver bullion products.
843 Wadsworth Boulevard
Lakewood, CO 80214
United States Mint – Denver Branch
From its humble beginnings in 1906, the Denver branch of the United States Mint has grown to become the largest mint in the world, both sovereign or private. The Denver Mint often produces around 50 million coins in a single day. An official branch of the US Mint, the Denver Mint produces all current US circulation coins, as well as authorized commemorative coins and coin sets. US circulation coins manufactured at the Denver Mint feature the ‘D’ mint mark. Large stores of precious and non-precious metals, like gold, silver, zinc, and nickel, are stored here for use in minting coins. You can visit the Denver Mint and see the operation — public tours are regularly scheduled.
320 West Colfax Avenue
Denver, CO 80204