Florida is home to a large number of retirees, and is, therefore, one of the wealthiest states. The economy of Florida is diverse, with aerospace, agriculture, finance, tourism, and healthcare comprising much of it. Florida has historical ties to gold and silver — treasure seekers have long searched the beaches and seas near Florida for lost treasure dating back to colonial times.
Residents of Florida, especially retirees, heavily invest in gold and silver bullion. To accommodate this demand, there are many top silver and gold dealers in Florida, many of them among the largest and best in the United States.
Buy Gold Tax-Free Buy Silver Tax-Free
There are certain sales tax exemptions in place when you buy silver and gold in Florida. Purchases of silver, gold, and platinum bullion are free of sales tax if the total purchase price is $500 or greater. If you buy less than $500 of precious metals bullion at a time, you must pay the Florida state sales tax of 6%. Also exempted from sales taxes are coins and currency, as long as the items in question possess legal tender status. Tokens, medallions, and other numismatic collectibles that do not have legal tender status are not exempt under the law. Local and county sales and use taxes on such purchases can increase the overall tax rate.
CBMint is not based in Florida, so residents of Florida 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. More about the applicable laws regarding investing in silver and gold in Florida can be read here:
http://dor.myflorida.com/dor/tips/tip99a0113.html
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 Florida.
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Listed below is a small sample of featured bullion and coin dealers in Florida. If you would like to suggest any additional Florida coin or bullion stores to add to this list, feel free to Contact CBMint and let us know.
Orlando Coin Exchange is a large coin dealer, and widely considered one of the best coin dealers in Florida. With a selection for all types of buyers, from beginners to high-end investors, Orlando Coin charges low premiums on many of their coins and precious metals bullion products. They offer free appraisals, conduct grading submission servivces, and sell coin collecting supplies. Orlando Coin also helps coin collectors track down rare and hard to find coins through their extensive dealer network. They actively buy gold and silver bullion from the Florida public, so their selection is always changing.
6301 South Orange Avenue
Orlando, FL 32809
A-Coin carries an impressive range of both numismatic and non-numismatic collectibles, including rare coins, stamps, firearms, antiques, ancient coins, postcards, and much more. They maintain a website where they list the items of interest that they are willing to buy, including gold and silver bullion, world coins, high-end graded US coins, proof coins, and silver dollars. You need to visit their Jacksonville storefront to see their full range of products, as the selection constantly changes. Current gold and silver spot prices are also posted in their store.
6217 St. Augustine Road
Jacksonville, Florida 32217
Precious Metals Advisory is not a traditional coin shop, instead they are among the best Florida gold and silver dealers, wholly focused on investing in precious metals. They offer financial consultations for new metals investors, as well as seasoned investors. They help investors choose what gold, silver, and platinum bullion products to purchase, whether to buy physical precious metals or set up a Precious Metals IRA. They also assist investors with portfolio management. Their store is not open to the public — if you are interested in investing in gold, silver, or platinum, you need to call ahead to set up an appointment.
6034 Chester Avenue #107B
Jacksonville, FL 32217
Since 2001, the Westminster Mint has produced a range of gold rounds and silver rounds, both with a fineness of .999. In addition to these locally-manufactured bullion rounds, the Westminster Mint also functions as a retailer, carrying a wide range of platinum, palladium, gold, and silver bars, coins, and rounds from around the world. Included in their store offerings are American Eagles, South African Gold Krugerrands, Canadian Maple Leafs, silver bars and rounds, Gold Britannias, Silver Kookaburras and Koalas, and much more. They are known for having low silver and gold price premiums. The Westminster Mint has a website which displays product pricing, along with current silver and gold spot prices.
4100 North Riverside Drive
Melbourne, FL 32937
A large coin shop in Miami Beach, Park Avenue Numismatics is considered to be among the best coin and bullion dealers in Florida. Their selection of historic and rare US and world coins is huge, and the staff frequently attend coin shows and coin auctions, seeking rare and unique coins to add to their offerings. The knowledgeable staff is more than happy to assist new collectors in finding coins that fit their budget and needs, and they also conduct appraisals and grading services.
You can visit the Park Avenue Numismatics website to view some of their huge inventory of certified coins and rare coins. Also listed are current silver and gold spot prices, as Park Avenue buys and sells silver and gold bullion, as well. They even help set up Precious Metals IRAs, for buyers looking to invest in gold and silver tax-free IRAs.
1688 Meridian Avenue #404
Miami Beach, FL 33239
