Georgia, the last of the 13 original colonies, was established in 1732. It is known as the Peach State, a reference to its many fruit orchards. In 1829, gold was discovered in the mountains of North Georgia. The ensuing gold rush led to the establishment of a federal mint in Dahlonega, which operated until the gold rush petered out, shuttering in 1861.
Today, gold bullion remains a popular investment in Georgia. Georgia’s investor-friendly tax policies have made the state a haven for previous metal buyers, and the state is home to many renowned coin shops.
Bullion Sales Tax in Georgia
Georgia has a sales tax exemption for bullion and coins. According to Georgia sales and use tax exemptions O.C.G.A. § 48 (https://etax.dor.ga.gov/salestax/2014 List of Sales and Use Tax Exemptions.pdf), “Sales of gold, silver, or platinum bullion” and “Sales of coins or currency” are exempt from the tax. This includes all U.S. and foreign coinage, as well as all paper currency, and any bullion consisting of silver, gold, or platinum bullion.
As a result of this exemption, most coin collectors and precious metal investors do not have to pay sales tax when buying from Georgia sellers. This exemption applies whether the coin’s value lies in its rarity and collectibility, or in its precious metal value. However, there are still some categories of items which may be purchased from coin dealers but which are taxable. Note that tokens, medallions, and other numismatic collectibles not used as legal tender remain taxable. So, too, do palladium and other types of bullion not listed here.
This sales tax exemption has been debated over the past few years, with some investors growing concerned that the state government could attempt to eliminate the exemption in an effort to increase state sales tax revenues. However, under current tax law, the exemption remains in place.
JM Bullion, being an out of state retailer, does NOT have to charge sales tax to Georgia residents. Browse our selection of tax-free gold and silver products. Please note that we are not tax experts, and individuals may be liable to pay local Use tax.
Local Gold and Silver Dealers in GA
If you are looking for more dealers in particular cities of Georgia, be sure to check out our other local directory pages:
- Local coin shops in Athens-Clarke County, GA
- Local coin shops in Atlanta, GA
- Local coin shops in Augusta, GA
- Local coin shops in Columbus, GA
- Local coin shops in Sandy Springs, GA
- Local coin shops in Savannah, GA
Below is a list of local precious metals dealers in Georgia, including directions to each local shop.
Larry Jackson Numismatics
Also known as Larry Jackson Rare Coins, this PCGS and NGC certified dealer has served Atlanta coin collectors for more than three decades. The owner, Larry Jackson, is a lifetime member of the American Numismatic Association, and belongs to numismatic groups in more than a dozen states, providing him with many dealer contacts to help collectors track down elusive coins.
His shop offers an extensive and frequently-changing selection of coins, including high grade rare coins such as early gold coins, modern U.S. mint proofs, and generic gold and silver bullion. Over its history, Larry Jackson Numismatic has handled millions of dollars in paper currency, rare coins, and precious metals.
Much of their inventory is not kept in the showroom – especially their rare currency and early U.S. coins – so call ahead if you are searching for something specific. Their bullion offerings include the gold and silver American Eagle, South African Krugerrand, and Canadian Maple Leaf in multiple sizes, along with silver bars from 1 oz to 100 oz, pre-1964 U.S. silver coins, and platinum bullion bars and coins.
4920 Roswell Rd NE
Atlanta, GA 30342
Northlake Stamp & Coin
Northlake Stamp and Coin, founded in 1969, is one of Atlanta’s top coin dealers. They operate two locations within the city, both of which offer a complete selection of stamps, coins, and collector supplies. Their inventory also includes sports cards and other collectibles.
Their coin selection includes US Mint sets, proof coins, rare coins, foreign coins and currency, paper currency, and historical U.S. coins.
An authorized PCGS dealer, Northlake offers appraisal services. Many of their coins can be purchased online, though their full inventory is only viewable in their retail shop.
4800 Briarcilff RD #2040
Atlanta, GA 30345
Augusta Coin Exchange
Augusta’s only locally-owned gold and silver coin shop, the Augusta Coin Exchange aims to offer professional service regardless of your bullion experience level or budget.
An NGC authorized dealer, they specialize in gold and silver bullion, as well as US coins and paper currency products.
They also offer a limited array of foreign and ancient coins. A small selection of their coins is available on eBay.
4015 Washington Rd Suite L
Martinez, GA 30907
Regal Coin Exchange
One of Savannah’s top coin dealers, Regal Coin Exchange is a small, family-run shop. Though they have little internet presence, Regal is known in the local area for fair prices, even when compared to prices found online. The owner, Tony, will take the time to explain the finer points of coin collecting or bullion buying, helping you select the items that best fit your needs.
3605 Waters Ave
Savannah, GA 31404
Hancock & Harwell
Hancock & Harwell Rare Coins and Precious Metals, located in Atlanta, is one of the region’s top destinations for coin collectors and bullion investors. They buy and sell rare coins, gold, silver, and platinum bullion coins, and related numismatic collectibles. They specialize in rare American gold and silver coinage, particularly that from the 18th and 19th centuries.
Founded in 1976, the owners – Jeff Garrett and Bob Harwell – are members of most of the large numismatic groups in the country. The staff is available to evaluate your coin and precious metal portfolio and suggest ways to improve your investment strategy. They do have minimum purchase requirements – typically set at 10 ounces – for some forms of bullion, though most items are sold with no minimums.
3155 Roswell Road, NE, Suite 310
Atlanta, GA 30305
Local Gold and Silver Mints in Georgia
Also browse the gold and silver mints local to Georgia. Some of these mints offer retail products, while others are wholesale only.
US Mint at Dahlonega
A branch of the United States Mint was established in Dahlonega in 1835, the result of a gold rush in north Georgia. It minted more than $6 million in gold coins over less than three decades, closing in 1861 as the gold rush came to an end. Today, these Georgia-minted gold coins are considerably difficult to find and very collectible.
Thank you for reading our guide to gold and silver buying in Georgia. If you know of any other coin or bullion shops in GA, please contact us so we can update our directory.