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Washington DC is the United States Federal capital, and was once known as the District of Columbia. Washington DC is not part of any other US state, nor is it a state itself. DC has grown to become one of the largest metro areas in the US. DC is home to many Federal government entities, including Congress, the Supreme Court, and the White House. Many foreign embassies and consulates are also found in the city.
Many decades ago, gold mines operated near the city. Long since closed, the market for precious metals bullion is met by many top gold and silver dealers in Washington, DC. Investing in silver and gold is common among many of the affluent residents of the area.
Are There Taxes on Buying Gold and Silver Bullion in Washington, DC?
There is currently no exemption available when you buy gold, silver, or platinum in Washington, D.C. Coins, paper money, other bullion types, and collectibles are also subject to sales taxes. The current Washington DC sales tax is 6% for all purchases of coins and bullion. Because of this, many DC buyers looking to invest in silver and gold choose to shop online, or travel to other states where such purchases are exempt.
CBMint is not based in Washington DC, so residents of Washington DC 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 Washington DC.
Featured Gold and Silver Dealers in Washington DC
Listed below is a small sample of featured bullion and coin dealers in Washington DC. Also included are several gold and silver dealers in the Washington, DC suburbs. If you would like to suggest any additional Washington DC coin or bullion stores to add to this list, feel free to Contact CBMint and let us know.
United States Mint
Founded in 1792, the US Mint is headquartered in Washington, D.C. The US Mint headquarters does not have production facilities — instead, the branch mints scattered across the United States handle all production of US circulation and bullion coins. Included in the latter are gold, silver, and platinum American Eagles, American Gold Buffaloes, and many commemorative issues in fine gold and silver bullion.
The US Mint Headquarters is open to the public and offers tours, including a virtual tour that showcases the branch mints’ production facilities.
801 9th Street Northwest
Washington, DC 20220
Capitol Coin and Stamp Company
Capitol Coin is a US Mint and NGC approved dealer, offering a range of high grade and rare US coins. For more than two decades, Capitol Coin has been one of the best coin dealers in Washington, DC. Their large inventory includes historic and rare foreign coins, ancient coins, stamps, tokens, and other numismatic collectibles. Their focus, however, is on rare US coinage and political memorabilia. They are particularly known for their great selection of high-grade Morgan silver dollars. The showroom at Capitol Coin and Stamp is small, so they choose to concentrate on rare coins, rather than gold and silver bullion coins and bars.
100 17th Street NW #B7
Washington, D.C. 20036
(202) 296-0400
Coins International
Coins International is a mail-order coin dealer in Washington, DC. For over five decades they have bought and sold rare and collectible coins, doing business with customers across the nation. They carry historic and high-grade coins, such as Morgan and Peace silver dollars, pre-1933 US gold coins, 90% junk silver coins, investment-grade cents, nickels, dimes, and quarters. Coins International also sells collecting supplies, paper currency, foreign gold and silver coins, tokens, and other numismatic items of interest. Coins International loves to buy coins from the public, especially colonial-era coins, ancient coins, and investment-grade coins.
PO Box 5545
Washington, DC 20016
Coins of the Realm
A PCGS and NGC approved coin dealer, Coins of the Realm has been in business for over three decades. They sell rare coins, stamps, jewelry, and precious metals bullion. They offer grading and appraisal services. Their focus is on US coins and gold and silver bullion. They sell proof sets, mint sets, type sets, slabbed coins, Morgan silver dollars, silver half-dollars, foreign gold and silver coins, and much more. They buy coins and coin collections from the public, so their selection is always changing.
Coins of the Realm has a wide selection of bullion products, making them one of the best gold and silver dealers in the Washington, DC area. They offer American Eagles, gold Krugerrands, silver bars, platinum coins, Canadian Maple Leafs, fractional gold bars, 90% junk silver coinage, and scrap gold and silver. They also have an impressive selection of silver and gold jewelry. Coins of the Realm is renowned for having low prices on gold and silver bullion products.
1331 F Rockville Pike
Rockville, MD 20852
(301) 340-1640
Gaithersburg Coin Exchange
For over 40 years, Gaithersburg Coin Exchange has served area coin collectors with an expansive array of US coinage. An NGC authorized dealer, Gaithersburg offers all manner of US coins, but specializes in certified, graded, and US silver coins. They are particularly known for their wide array of Morgan and Peace silver dollars, 90% silver coins, pre-1964 silver quarters and dimes, and high-grade large and small cents. The wide product selection also makes Gaithersburg one of the best coin dealers in the Washington, DC area. Gaithersburg also buys and sells silver and gold bullion, especially silver bullion coins like the American Silver Eagle and Canadian Silver Maple Leaf.
16 E Diamond Avenue
Gaithersburg, MD 20877
(301) 948-6884
Maryland Coin Exchange
Another long standing and top coin shop in the Washington, DC area, the Maryland Coin Exchange has been in business for over four decades. A family-owned coin shop, Maryland Coin Exchange is well-regarded for helping new collectors start out. Much of their inventory of rare and historic US and world coins are priced cheaply, allowing new investors to get a foothold with coin collecting. Maryland Coin is a lifetime ANA member, and is also an NGC and PCGS approved coin dealer. As such, they offer appraisals, grading submission services, portfolio help, and advice on investing in gold and silver bullion.
Their focus is on numismatic coinage, but they also carry a wide range of silver and gold bullion coins, such as American Eagles, Chinese Pandas, Canadian Maple Leafs, and South African Gold Krugerrands. Their wide selection frequently changes, so be sure to call ahead if you are seeking a specific coin or precious metals bullion item.
8620 Georgia Avenue
Silver Spring, MD 20910
(301) 589-2278
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